1、Place chart/diagram/image hereREPORT2023The Industrial MetaverseMaking the invisible visible to drive sustainable growth Greg Egan,science fiction author,Permutation City“What am I?The data?The process that generates it?The relationships between the numbers?”Blue Shift /REPORT 0033The Industrial Met
2、averseMaking the invisible visible to drive sustainable growth AuthorsDr.Albert Meige,Director of Blue Shift,Arthur D.LittleRick Eagar,Partner Emeritus,Arthur D.LittleContributorsEngin Beken,Partner,Arthur D.LittleMartin Glaumann,Partner,Arthur D.Little Bernd Schreiber,Partner,Arthur D.LittleArnaud
3、Siraudin,Associate Director,Arthur D.LittleJaime Capdevila,Consultant,Arthur D.LittleOlivia Dehlin,Business Analyst,Arthur D.LittleArtist-in-residenceLeo Blondel,scientistCONTENT-CONTENT-CONTENT-CONTENT-5Executive summary 6Preamble 81.What is the context for the Industrial Metaverse?122.What does In
4、dustrial Metaverse really mean?22Interlude:Make the invisible visible 323.Where is Industrial Metaverse technology today?364.What is the potential value of the Industrial Metaverse to business?505.What should companies do?60Appendix#1:Technology readiness levels 68Appendix#2:Selected company profile
5、s 72Appendix#3:Industrial Metaverse use cases 806Blue Shift /REPORT 003Executive summary In business and popular media,the Metaverse hype wave is already entering its disillusionment phase,superseded by artificial intel-ligence(AI).Yet the Industrial Metaverse,perhaps less exciting in the popular im
6、agination,has never really been part of the hype.Is this where the real value of the Metaverse will be realized?There are differing views about what the Industrial Metaverse is versus the Metaverse as a whole,and how it differs from existing digital twin technologies normally considered under Indust
7、ry 4.0.In this Report,we provide an evidence-based perspective,assessing current technology status,summarizing use cases and market potential,and offering recommendations for companies going forward.We conclude that the Industrial Metaverse is best defined as a“con-nected whole-system digital twin w
8、ith functionalities to interact with the real system in its environment,allowing decision makers to better understand the past and forecast the future.”As such,the Industrial Metaverse is a further evolution of discrete digital twin technologies that already exist today(e.g.,for factories or plants)
9、but progressively extended to ultimately represent an end-to-end,real-world industrial system,including external elements outside the company and the environment within which it operates.The Industrial Metaverse thus provides a transformative tool to elevate the use of digital simulation technology
10、to the level of strategic decision-making.This is important for dealing with the increasing complexity and accelerated pace of development company leaders face and is especially valuable for developing effective sustainable growth strategies.7Blue Shift /REPORT 003While achieving a full-scale,connec
11、ted,end-to-end,whole-system digital twin may be five or more years away especially due to devel-opment gaps in connectivity,computing capacity,and scaled-up AI intermediate steps are possible in the short term,and many Industrial Metaverse use cases already exist.These can be grouped into four cate-
12、gories:(1)optimization(e.g.,digital twins and augmented reality AR for operations/maintenance efficiency and productivity improvements);(2)training(e.g.,virtual/remote training tools);(3)technical tools(e.g.,design/construction/maintenance digital tools);and(4)management tools(e.g.,virtual meeting/c
13、ollaboration/interaction tools).The next development steps will include extending digital simulations beyond discrete physical assets toward multiple connected assets,internal processes,and functions,and finally extended upstream and down-stream activities involving the entire industrial system.We e
14、stimate the current Industrial Metaverse market to be around US$100-$150 billion,with a conservative 2030 forecast of around$400 billion but with a potential upside of more than$1 trillion.The benefits to business in terms of productivity could be multiple double-digit percentages.The growth of the
15、Industrial Metaverse will not necessarily depend on widespread adoption of the consumer Metaverse because its utility and value for business depend more on the quality of complex system simulation and less on features such as immersivity and human-machine interface technology.Our con-clusion is that
16、 the Industrial Metaverse has elements of both evolu-tion and revolution:evolution in terms of the potential for further stepwise penetration of Industry 4.0 technologies,and revolution in terms of how the convergence of these technologies especially connectivity,AI,complex systems simulation,and visualization pow-ered by increasing computing capacity has the potential to trans-form business productivity.Companies need to consider their strategy for the Industrial Metaverse in the context of the