TroyWarren

Digital Twins For Businesses Big and Small Are On The Horizon

Digital Twins For Businesses Big and Small Are On The Horizon

Ellen Britt for CNT #NFT Just like people can have a digital twin in the metaverse in the form of an avatar, businesses can also have digital twins of their physical spaces.  Technavio, a research firm in the tech space, anticipates the digital twin marketplace to grow to nearly $25 billion by 2025, a compounded annual rate of nearly 40% since 2020. Real-World Shopping & More Many larger companies are already using these digital twins for their products, factory floors, and warehouse to simulate real-world shopping experiences and to help with data analysis and decisions. Left Behind Just like in the…
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Commercial Real Estate Is Swiveling To The Metaverse

Commercial Real Estate Is Swiveling To The Metaverse

Ellen Britt for CNT #NFTThere has been a lot going on in the world of virtual real estate lately, from celebrities like Snoop Dogg snapping up pricey parcels to real-world real estate firm Propy being the first to sell an NFT associated house in Tampa, Florida. But what’s happening on the virtual commercial side of things?We recently reported on investment banking giant JP Morgan Chase establishing an office in the metaverse’s Metajuku Mall but now an Austin Texas-based firm, Swivel, is reportedly making the pivot from designing real-world corporate offices to bringing their talents to commercial real estate clients. Commercial Real Estate…
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