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File: Technology Pdf 84773 | Metaverseblogpostwilhelmjanuary2022
the industrial operational metaverse is basically technologies a digital twin industrial metaverse battlefield those who have been following the metaverse since the phrase was coined by science fiction writer neal ...

icon picture PDF Filetype PDF | Posted on 13 Sep 2022 | 3 years ago
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         The Industrial                                                                    OPERATIONAL
         Metaverse is "basically"                                                          TECHNOLOGIES
         a Digital Twin
         Industrial Metaverse Battlefield
         Those who have been following the Metaverse 
         since the phrase was coined by science fiction 
         writer, Neal Stephenson, have realised early on 
         that the Industrial Metaverse will be the most 
         competitive battlefield for industries in the 
         future. 
         The reason is simply that the value of the 
         Metaverse is in lockstep with the "real world"           By Wilhelm Swart, Chief Operational 
         value it can contribute. Now it is true that the 
         Metaverse will take on a multitude of forms,              Technologies (OT) Officer - 4Sight
         ranging from entertainment to gaming to social 
         media, etc. 
         But the place where digital dreams will collide             The Industrial Metaverse will be the most 
         with physical reality is in the Industrial              competitive battlefield for industries in the future.  
         Metaverse. It is here that digital twin technology 
         will not only be used for fun but also to create 
         giant digital  twins of the real world.
         Industrial Metaverse Battlefield
         Digital worlds based on real-time data will allow corporations to have multiple iterations and 
         simulations of themselves. Lessons learned and breakthroughs discovered in the Industrial 
         Metaverse will provide feedback into reality, enabling companies to change real-world parameters 
         to optimise everything!
                                    “The metaverse is this digital world that lives 
                                    alongside our physical one and allows us to 
                                    MJWF
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                                    metaverse will be built on.”  
                                    David-Weir McCall
      www.4sight.cloud                                                                                 1
   Optimise Everything
   Digital worlds based on real-time data will allow corporations to have multiple iterations 
   and simulations of themselves.  Lessons learned and breakthroughs discovered in the 
   Industrial Metaverse will provide feedback into reality, enabling companies to change 
   real-world parameters to optimise everything!
   Digital Twins and the Industrial Metaverse
   The digital twin market was projected to grow to $29.57 billion by 2025, which is a stag-
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   behind the digital twin market, as the demand for asset health optimisation and predic-
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   and Smart Building infrastructure, and the Metaverse will be the battlefront for emerg-
   ing technologies to prove their worth for real-world applications.
   Blurring All Lines
   5SBEJUJPOBM.JOJOH$PNQBOJFTGPSJOTUBODFNBZCFDPNFMJUUMFNPSFUIBOBTTFUPXOJOH
   companies whose assets are managed by companies who can combine past technical 
   expertise with digital twins that exist in the Metaverse.
   - Mining companies don't need equipment to dig holes in the ground, they simply need 
   holes in the ground.
   - Mining companies don't need ore on a conveyor belt, but precious metals that are 
   ready to be sold.
   - Mining companies don't need refineries managed through experience and trial and 
   error, but by the future experience obtained from digital twins.
   Envisioning technologies that can reveal multiple futures based on constant real-time 
   information and past data are the new digital gold.
                               OPERATIONAL          The Industrial Metaverse is "basically" a Digital Twin
                               TECHNOLOGIES
       Digital Twins and the Industrial                    Metaverse as Creative Freedom
       Metaverse                                            One of the definitions of the Metaverse that we 
       The digital twin market was projected to grow        like is one given by the Zhiwu AIoT Industry 
       to $29.57 billion by 2025, which is a staggering     Research Institute:
       CAGR of 61.95%, But a new report by Grand            The Industrial Metaverse is a new ecosystem in 
       View Research suggests that the market may           which new information and communication 
       reach $86.09 billion by 2028. Industry 4.0 use       technologies represented by the Internet of 
       cases remain the main drivers behind the             Things, artificial intelligence, and digital twins 
       digital twin market, as the demand for asset                                                 eedome Freativ    se as CrerMetav
       health optimisation and predictive  are deeply integrated with the real economy. A 
                                                            new manufacturing and service system for the 
       maintenance continue to grow. Industrial IoT                          FOCZUIF;IJXV"*P5FJTPOFHJWFMJLTFUIBUXFSGUIF.FUBWGUIFEFGJOJUJPOTP0OFP
       solutions will give rise to Smart City and Smart     entire value chain.                           F       DI*OTUJUVUFTFBSZ3*OEVTUS
       Building infrastructure, and the Metaverse will   -        RPPXQLFD                    HPbLQZKLFKQHZLQIRUPDWLRQDQGF\VWRVHLVDQHZbHFVHUDYLDO0HW7KH,QGXVWU
                                                            Technology companies have long been 
       be the battlefront for emerging technologies to    DO      HDQGGLJLWLFLDOLQWHOOLJHQFIWLI7KLQJVDUQHWRHU\WKH,QWHGEHQWHVHSUHFKQRORJLHVUWLRQW
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       prove their worth for real-world applications.       restrained by various bottlenecks. Some of 
                                                            these bottlenecks includes technology that has  DOXHFKDLQ     HPIRUWKHHQWLUHY\VWV
                                                            f                      arious bottlenecks. Some oestrained by ve long been ranies havechnology compT
       Blurring All Lines                                   been unable to deliver. Other bottlenecks have 
                                                          -           .  Other bottleero deliv          echnology that has been unable tthese bottlenecks includes t
                                                            been caused by humans unable to be trained 
                                                                                           o be trained quickly enough in the full e been caused by humans unable tnecks hav
       Traditional Mining Companies for instance may        quickly enough in the full utilisation of               echnologies.f tutilisation o
       become little more than asset owning                 technologies. 
       companies whose assets are managed by               o    anies t       eedom for compe freativf cr    se will unleash a new era oerThe Industrial Metav
                                                          -                                         echnologies without the costs or bottlenecks associest tound with ideas and tplay ar
       companies who can combine past technical             The Industrial Metaverse will unleash a new era       orld implementation.eal-wed with rat
       expertise with digital twins that exist in the       of creative freedom for companies to play 
                                                                          eams, but who can eam the biggest dr        s will not only be those who can drThe winner
       Metaverse.                                           around with ideas and test technologies without 
                                                                                  ned in the Industrial e learorld that which they haveal wo the rimplement int
                                                            the costs or bottlenecks associated with                     se.er Metav
              Mining companies don't need                   real-world implementation.                         se Playing Fielderial MetavIndustr
              equipment to dig holes in the                  f                       se will be accessible.  Many oeraces in which the Metavtual spe many vire arTher
                                                            The winners will not only be those who can 
              ground, they simply need holes in                                       ge scale collaborations by multiple ough lared threatthese will be public and will be cr
     1                                                      dream the biggest dreams, but who can 
              the ground.                                       s, and atar                e with anonymous digital avely speculativs.  Some will be pureholderstak
                                                            implement into the real world that which they 
                                                            have learned in the Industrial Metaverse.  .    eality ased in rs will be bother
              Mining companies don't need ore 
     2 on a conveyor belt, but precious 
              metals that are ready to be sold.
              Mining companies don't need 
      3 refineries managed through 
              experience and trial and error, but 
              by the future experience obtained 
              from digital twins. Envisioning 
              technologies that can reveal 
              multiple futures based on constant 
              real-time information and past data 
              are the new digital gold.
      www.4sight.cloud                                                                                    2
                               OPERATIONAL          The Industrial Metaverse is "basically" a Digital Twin
                               TECHNOLOGIES
     5IF*OEVTUSJBM.FUBWFSTFXJMMCFEJGGFSFOUJOUFSNTPGJUTQMBZJOHGJFME$PSQPSBUJPOT
     will have, own, and inhabit a private Metaverse that may or may not be linked to other 
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         Industrial Metaverse Playing Field
     Digital twins:
         There are many virtual spaces in which the Metaverse will be accessible. Many of these will be public 
         and will be created through large scale collaborations by multiple stakeholders. Some will be purely 
     People and employees participate with their real identities as digital avatars, in digital 
         speculative with anonymous digital avatars, and others will be based in reality. 
     twins that reflect the whole life cycle process of physical equipment through the map-
     ping of real things in the virtual world, based on actual physical schematics, with the 
         The Industrial Metaverse will be different in terms of its playing field. Corporations will have, own, 
     real world and real-time data incorporated into the world.
         and inhabit a private Metaverse that may or may not be linked to other instances. The main areas 
         where the industrial Metaverse will take place are: 
     Beyond reality:
eedome Freativse as CrerMetav
     Same as the above, but adding calculation and analysis of the real world in the virtual 
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     world, thereby enhancing the digital world as a way to improve and enrich the real 
FDI*OTUJUVUFTFBSZ3*OEVTUS
     world.
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DOHDQGGLJLWLFLDOLQWHOOLJHQFIWLI7KLQJVDUQHWRHU\WKH,QWHGEHQWHVHSUHFKQRORJLHVUWLRQW
HYLFHU$QHZPDQXIDFWXULQJDQGV\RQRPHDOHFHGZLWKWKHUDWHGHHSO\LQWHJUWZLQVDU
     Right and Ready!
          Digital Twins                       Beyond Reality                      Right and Ready!
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     4JHIU
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f arious bottlenecks. Some oestrained by ve long been ranies havechnology compT
     People and employees                 Same as the above, but                4Sight's OT cluster is excited 
-.  Other bottleero delivechnology that has been unable tthese bottlenecks includes t
     JOHUIF*OEVTUSJBM.FUBWFSTF/PUPOMZIBWFXFQBSUOFSFEXJUIUIFXPSME
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     participate with their real          adding calculation and                to be leading the charge 
o be trained quickly enough in the full e been caused by humans unable tnecks hav
     DSFBUPSTPG*OEVTUSZUFDIOPMPHJFT
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     identities as digital avatars, in    analysis of the real world in         toward creating and 
echnologies.f tutilisation o
     digital twins that reflect the       the virtual world, thereby            establishing the Industrial 
     ners to place our clients ahead of the curve in order to ensure maximum benefit from 
o anies teedom for compe freativf crse will unleash a new era oerThe Industrial Metav
     whole life cycle process of          enhancing the digital world           Metaverse. Not only have we 
-echnologies without the costs or bottlenecks associest tound with ideas and tplay ar
     the growth of the Industrial Metaverse.
     physical equipment through           as a way to improve and               partnered with the world's 
orld implementation.eal-wed with rat
     the mapping of real things in            enrich the real world.            leading creators of Industry 
eams, but who can eam the biggest drs will not only be those who can drThe winner
     the virtual world, based on                                                4.0 technologies, but are 
ned in the Industrial e learorld that which they haveal wo the rimplement int
     se.er  Metav
     actual physical schematics,                                                actively moving forward with 
     with the real world and                                                    our partners to place our 
se Playing Fielderial MetavIndustr
     real-time data incorporated                                                clients ahead of the curve in 
f se will be accessible.  Many oeraces in which the Metavtual spe many vire arTherinto the world.order to ensure maximum 
ge scale collaborations by multiple ough lared threatthese will be public and will be crbenefit from the growth of 
s, and atare with anonymous digital avely speculativs.  Some will be pureholderstak
.ealityased in rs will be bother                                                  the Industrial Metaverse.
                                                       4Sight @ Fourways     Tel: (+27) 011 251 5900 
                                   OPERATIONAL         28 Roos Street
                                                          4JHIU!'PVSXBZT        Tel: (+27) 011 251 5900
                                   TECHNOLOGIES        Fourways              Email: wilhelm.swart@4sight.cloud
                                                          3PPT4USFFU           Email:XJMIFMNTXBSU!TJHIUDMPVE
                                                       2191                  Web: www.4sight.cloud
                                                          'PVSXBZT
                                                                               Web:XXXTJHIUDMPVE
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...The industrial operational metaverse is basically technologies a digital twin battlefield those who have been following since phrase was coined by science fiction writer neal stephenson realised early on that will be most competitive for industries in future reason simply value of lockstep with real world wilhelm swart chief it can contribute now true take multitude forms ot officer sight ranging from entertainment to gaming social media etc but place where dreams collide physical reality here technology not only used fun also create giant twins worlds based time data allow corporations multiple iterations and simulations themselves lessons learned breakthroughs discovered provide feedback into enabling companies change parameters optimise everything this lives alongside our one allows us mjwf xpsl boe qmbz bmpohtjef fbdi puifs oe ejhjubm uxjot bsf uif gpvoebujpot uibu built david weir mccall www cloud market projected grow billion which stag hfsjoh pg vu b ofx sfqpsu cz sboe jfx ftfbs...

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