Industries

The future is now: How the industrial metaverse could revolutionize energy, chemicals and infrastructure

Imagine a world where the complexities and data of energy grids, chemical plants and infrastructure projects are visualized and seamlessly navigated through a digital interface. That reality has arrived with the industrial metaverse, and it’s poised to transform how businesses design, manufacture and interact with physical machines, factories and grids.

Siemens is powering the industrial metaverse alongside our partners, including NVIDIA, Microsoft, and Amazon Web Services (AWS). Recently, two of our energy industry leaders held a webinar discussing how capital-intensive industries like energy, chemicals and infrastructure are uniquely placed to improve operations, sustainability and profits using the industrial metaverse’s photo-realistic, high-fidelity simulation and design capabilities.

Click here to watch the industrial metaverse webinar, or scroll down for video highlights. 

What is the industrial metaverse?

The technology industry is filled with hype, buzzwords and fast-passing trends, and the “metaverse” (virtual world) isn’t a new concept. But what is the industrial metaverse?

To cut through the hype, Siemens’ VP of Energy, Chemicals and Infrastructure, John Nixon summarizes the industrial metaverse concept in plain English. Watch this webinar clip to learn:

  • What the industrial metaverse is and what it is not
  • How the industrial metaverse differs from the consumer metaverse
  • Why energy business investments in the industrial metaverse could lead to massive improvements in operations, sustainability, productivity and workforce training

Businesses should establish a robust digital and data backbone to benefit from the industrial metaverse

As capital-asset-intensive industries like energy, chemicals and infrastructure embrace digitalization, they face the monumental challenge of managing massive volumes of data. In past decades, important capital asset data was typically found in Excel documents, PDFs and even paper files in cabinets.

As discussed in this webinar clip, businesses must establish a robust digital and data backbone to build the foundation that enables the industrial metaverse and its far-reaching benefits. This backbone can be established using capital asset lifecycle management software. Effective data management is also crucial for businesses harnessing the power of artificial intelligence to improve operations.

A comprehensive digital twin is the industrial metaverse’s heartbeat

A digital twin is a virtual representation of a physical object or process. In capital-asset-intensive industries, having a comprehensive digital twin enhances both your design and production processes. With a digital twin in place, all stakeholders, from engineers to on-site workers, have access to synchronized and accurate data. This continuously synchronized and accurate data, enabled by a product lifecycle management solution, is crucial for reducing project errors, improving safety and ensuring compliance with requirements.

As highlighted in the webinar clip below, the comprehensive digital twin is the heartbeat of the industrial metaverse.

Watch how the industrial metaverse can accelerate global collaboration

Whether connecting geographically dispersed teams or integrating cross-disciplinary teams in a single virtual space, the industrial metaverse offers a collaborative platform that transcends geographical and disciplinary barriers.

Visual communication through the industrial metaverse enables teams to navigate complex projects with high fidelity while performing scenario and failure analysis. Watch this webinar clip to get a taste of the industrial metaverse in action.

The industrial metaverse is a strategic imperative

For capital-intensive-industries trying to thrive in today’s data-driven world, the industrial metaverse is not just a technological advancement; it’s a strategic imperative.

As Ruan Van der Merwe, Siemens Portfolio Development Executive, highlights below, the industrial metaverse is powered by mature technologies developed by Siemens and technology partners that have been used in digitally advanced industries like automotive.

Explore the potential of the industrial metaverse with us

The industrial metaverse is poised to revolutionize how capital-asset-intensive industries design, manufacture and interact with physical machines and infrastructure. We invite you to explore the potential of this unprecedented technology with us.

Start your journey now by watching the full webinar.




Justin Tuttle

Siemens Digital Industries Software

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/energy-utilities/2024/11/04/the-future-is-now-how-the-industrial-metaverse-could-revolutionize-energy-chemicals-and-infrastructure/