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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 XPSLBOEQMBZBMPOHTJEFFBDIPUIFS"OE` EJHJUBMUXJOT`BSFUIFGPVOEBUJPOTUIBUUIF 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 $29.57 billion by 2025, which is a stag- HFSJOH`$"(3PG #VUBOFXSFQPSUCZ(SBOE7JFX3FTFBSDITVHHFTUTUIBUUIF NBSLFUNBZSFBDICJMMJPOCZ*OEVTUSZVTFDBTFTSFNBJOUIFNBJOESJWFST behind the digital twin market, as the demand for asset health optimisation and predic- UJWFNBJOUFOBODFDPOUJOVFUPHSPX*OEVTUSJBM*P5TPMVUJPOTXJMMHJWFSJTFUP4NBSU$JUZ and Smart Building infrastructure, and the Metaverse will be the battlefront for emerg- ing technologies to prove their worth for real-world applications. Blurring All Lines 5SBEJUJPOBM.JOJOH$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 HYLFHU $QHZPDQXIDFWXULQJDQGV\RQRPHDOHFHGZLWKWKHUDWHGHHSO\LQWHJUWZLQVDU 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 JOTUBODFT5IFNBJOBSFBTXIFSFUIFJOEVTUSJBM.FUBWFSTFXJMMUBLFQMBDFBSF 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 FOCZUIF;IJXV"*P5FJTPOFHJWFMJLTFUIBUXFSGUIF.FUBWGUIFEFGJOJUJPOTP0OFP world, thereby enhancing the digital world as a way to improve and enrich the real FDI*OTUJUVUFTFBSZ3*OEVTUS world. -RPPXQLFDHPbLQZKLFKQHZLQIRUPDWLRQDQGF\VWRVHLVDQHZbHFVHUDYLDO0HW7KH,QGXVWU DOHDQGGLJLWLFLDOLQWHOOLJHQFIWLI7KLQJVDUQHWRHU\WKH,QWHGEHQWHVHSUHFKQRORJLHVUWLRQW HYLFHU$QHZPDQXIDFWXULQJDQGV\RQRPHDOHFHGZLWKWKHUDWHGHHSO\LQWHJUWZLQVDU Right and Ready! Digital Twins Beyond Reality Right and Ready! DOXHFKDLQHPIRUWKHHQWLUHY\VWV 4JHIU T05DMVTUFSJTFYDJUFEUPCFMFBEJOHUIFDIBSHFUPXBSEDSFBUJOHBOEFTUBCMJTI- 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 TMFBEJOH 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 CVUBSFBDUJWFMZNPWJOHGPSXBSEXJUIPVSQBSU- 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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