Blogger's Park

Why Governments can’t miss the bus on Metaverse? If you thought Metaverse is a rage only with the megacorps, brands and their users, you have missed the action on the other side of the fence. Whom am I hinting at? The governments? Then, you stare with gaping wonder and pop this query- what have governments got to do with the Metaverse? True, the government is a stakeholder. As a regulator or a facilitator? There, we are belittling the role. What if I claim governments can be a disruptor too and major investors in building Metaverse platforms? For the still incredulous reader, I’ll cite what happened in South Korea lately. The government in this technology-first nation has earmarked $117.1 million for the Metaverse. South Korea, known for producing tech disruptors like Samsung, LG and Hyundai, is keen to jumpstart its Metaverse industry as part of its Digital New Deal. The metropolitan government in Seoul is already building a Metaverse platform which will spend $3.14 million in providi...

  Today when we talk of data bombarding us from myriad sources, Edge Computing is just the right bet to process the polyglot data. With edge computing, enterprises or governments can interpret or evaluate data closest to the source generating it. This way, it scores over Cloud Computing by getting over the latency in the data processing. Despite its visible edge over the cloud, we wonder why Edge Computing is still on the fringe. More so, at a time when data from heterogeneous sources is growing exponentially, it needs to be processed incredibly fast for decisions to be taken in milli or microseconds. Blame it on our legacy cloud-technology-based IT architecture driven by the premise that devices are dumb and servers are smart. In the cloud revolution, the servers owned by others handle all the heavy lifting. But the perception is changing.  According to Gartner’s estimates, only 10 per cent of enterprise data was created and processed outside the data centre and cloud in 2018...

 Jayajit Dash Right from the time Facebook chose to rebrand itself in a new avatar- Meta, legions of users have started fancying their 3D digital avatars. With these avatars, they can play, socialize, shop, attend meetings, participate in concerts, and buy land plots in a virtual world. There is considerable hype on the possibilities of the Metaverse. It’s billed as the next iteration of the internet where people will mingle with people and engage brands too. Metaverse as a service is brimming with potential- both transactional and experiential.  An $800 billion opportunity, the transactional value within the Metaverse is projected to reach $42 billion by 2026, according to research firm Strategy Alliance. Metaverse will also be the fulcrum of experiential economy, elevating User Experience (UX) to an unimagined level. It is the evolution of a digital-first world where people will make decisions based on their experiences with digital products, services or solutions. Perhaps, ...