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Thursday, May 2, 2024

Industry urged to embrace metaverse

Metaverse technology can be applied to the manufacturing sector to improve the efficiency of supply chain management, particularly in the automotive and electronics industries, says Kasikorn Research Center (K-Research).

The metaverse, which is the immersive virtual environment that supports various online interactions, has become a popular technology trend being pursued by various tech giants, including Facebook, which changed its name to Meta in October last year to reflect its move towards the concept.

While the metaverse is touted as a new business opportunity in the consumer market, K-Research pointed out that the technology could also be applied to the industrial sector.

Metaverse technology can help level up the effectiveness of supply chain management, ranging from product designs to procurement, and manufacturing to inventory.

Products, machinery and…

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