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Microsoft to Scale the Industrial Metaverse in 2024

XR Today - Mixed Reality tag

Today, at Microsoft Inspire 2023, a showcase event covering the firm’s latest innovations. Microsoft quietly teased information regarding an industrial metaverse initiative. Details are elusive because Microsoft plans to reveal more information regarding its industrial Metaverse journey next year.

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How XR Can Address The Skilled Workforce Gap

XR Today - Augmented Reality tag

Nathan Pettyjohn, CEO of The Immerse Group and President of the VR/AR Association , has outlined the potential for how XR can solve the skilled workforce gap looming for industries like manufacturing and construction. million workers by 2030—and purported the critical role of XR and AI technologies in tackling this issue.

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Cooperation of Deep Tech SMEs and Global Giants Drive Opportunities in the Metaverse

ARPost

Nokia , the Finnish telecom giant, has been focusing on telecommunication infrastructure development after selling its mobile phone business to Microsoft in 2014. In an interview at the World Economic Forum in 2022, Nokia’s CEO Pekka Lundmark stated that mobile phones will be overtaken by smart glasses by the time 6G is introduced in 2030s.

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Data Dive: How Effective is VR Training?

AR Insider

It found that content delivered in this format produced greater memory retention than a control group. — Microsoft AR visionary and Hololens lead Alex Kipman reports that in a recent study, HoloLens2 helped Case Western Reserve medical students score 50 percent better while learning faster and retaining knowledge more comprehensively.

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Data Dive: How Effective is VR Training?

ARVR

It found that content delivered in this format produced greater memory retention than a control group. NHS and Virti studied the effects of VR training for medical professionals and found that 92 percent of trainees adequately understood training materials versus 16 percent for a control group. . - Enter The Monarchy 3.

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Metaverse Cancelled: Brands Continue Shelving Metaverse Plans

XR Today - Mixed Reality tag

trillion by 2030, with a CAGR of 44.5%. Microsoft reportedly cancelled its Mixed Reality HoloLens 3 headset earlier this year, after revealing business executives were struggling to agree on a go-to-market strategy for the product. Microsoft has also struggled with its vision for an industrial metaverse solution this year.

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The Top VR Headset Vendors for 2024

XR Today - Virtual Reality

As the VR space continues to grow, accelerating towards an expected value of $87 billion by 2030 , the number of vendors producing next-generation headsets is climbing. Renowned for its ingenuity, Apple has continuously pushed the boundaries of what is possible with its rich tech ecosystem, namely amid increasing competition with Microsoft.