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Microsoft is Approaching Metaverse

Cryptocurrency Jan 13, 2022 04:00AM ET
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Microsoft is Approaching Metaverse

Metaverse is transforming how we see and participate in the world and it is the next step for Microsoft (NASDAQ:MSFT), said Satya Nadella, the CEO of Microsoft.

“In a sense, the metaverse enables us to embed computing into the real world and to embed the real world into computing, bringing real presence to any digital space. For years we've talked about creating this digital representation of the world. But now we actually have the opportunity to go into that world and participate in it,” the CEO said.

For companies to collaborate with customers, partners, and other organizations, digital space is needed. The progress of hyperconnectivity through metaverse is powered by data and AI. That allows connecting the digital and physical worlds.

Microsoft is building an identity system – a connective network, which allows people and organizations to make real-time access decisions.

Nadella also talked broadly about the digitization of workplaces. In metaverse, workers could interact as avatars or holograms, so those, who work remotely are fully integrated into the workspace.

On the Flipside

  • WSJ reported that the large companies are ‘fighting’ for talented professionals. Microsoft has lost 100 people to Meta Platforms in the past year.

Why You Should Care

Microsoft joined Meta in pouring billions into augmented and virtual reality technology.

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Microsoft is Approaching Metaverse
 

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