Editorial
Ever found yourself wondering what’s really going on in the ever-evolving landscape of the metaverse? Well, let me tell you, there’s more happening than meets the eye.
As the initial wave of excitement settles, the focus is shifting towards creating practical and commercially viable applications that can truly revolutionize how we experience the digital realm.
In this edition of This Week in Consulting, we’re diving headfirst into the whirlwind of change that is the metaverse in 2024.
We begin our journey by uncovering the history and recent developments of the metaverse, painting a picture of where we are today. Despite a few challenges along the way, there’s a renewed excitement for the its transformative potentials.
We’re also taking a deep dive into the Industrial Metaverse, where engineering processes are being streamlined and collaboration is reaching new heights.
We’re taking a stab at the impact of the metaverse on remote work, collaboration, and productivity. With technologies like VR, AR, and AI leading the charge, the possibilities are endless.
And finally, we’re exploring the fusion of digital and real-life experiences, with XR leading the charge.
So join us as we navigate the ever-changing landscape of the metaverse, one pixel at a time. It’s a wild ride, but I promise you, it’s worth it.
Laurent THOMAS
Chairman Consulting Quest
This week’s must read
In this edition of This Week in Consulting, we’re diving headfirst into the whirlwind of change that is the metaverse in 2024.
This article by TechTarget examines the metaverse, blending physical and virtual realms via immersive tech. It covers its history, recent developments, industry investment, challenges, and potential applications in e-commerce and training despite setbacks and consumer disinterest.
This week’s media
In this video by BCG, AWS’s Bill Foy and BCG’s Tilman Buchner delve into how the Industrial Metaverse is poised to streamline engineering processes and foster better collaboration for companies. They highlight how the cloud, through AWS, plays a pivotal role in bridging the gap between simulation and reality, empowering the Industrial Metaverse to reach its full potential.
Thought Leadership
The Capegemini piece explores the diminishing boundary between digital and real life, anticipating the metaverse as the next evolutionary step. It questions the feasibility of fully simulating reality and discusses its potential impact on sustainability.
This article by Deloitte explores the metaverse’s fusion of digital and real-life experiences, highlighting XR’s role as a gateway. It predicts rapid XR industry growth, advises on investment opportunities, and urges global investment in key technologies for industry advancement.
The article from Alp Consulting explores the Metaverse’s potential impact on remote work, collaboration, and productivity. It highlights key technologies like VR, AR, Edge Computing, 6G, IoT, and AI while addressing governance and regulation concerns.
This article by EY explores the evolving perception of the metaverse, emphasizing practical business adoption and addressing challenges like privacy and hardware limitations. Despite initial hype decline, recent investments signal renewed potential for transformative digital experiences.
This week’s consulting news selection
EisnerAmper announces that the partners and colleagues of Birmingham, Alabama-based tax, assurance and advisory, and real estate consulting firm Tidwell Group, LLC, are joining the firm.|
Marshall & Stevens, a premier national independent valuation consulting firm, announced the acquisition of Rocky Mountain Advisory, LLC, a respected forensic accounting and litigation support company headquartered in Salt Lake City, Utah.|
Accenture acquires Intellera Consulting, an Italian consultancy firm operating in the public administration and healthcare sectors. The acquisition aligns with Accenture’s ongoing focus on helping Italian public service organizations enhance and transform their citizen services.|
Bob Willen has been elected the tenth managing partner and chairman of Kearney, the global management consulting firm. At the end of April 2024, he will succeed Alex Liu, who was first elected in 2018 and is now concluding his second term.|
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.
