Indian IT multinational Infosys announced Thursday the launch of the Metaverse Foundry. The new business division of the company, a world leader in digital services and IT consulting, promises to facilitate and accelerate a company’s ability to use emerging technologies and offer metaverse products and services.

“Infosys’ metaverse foundry helps companies navigate the metaverse by partnering with them through the Discover-Create-Scale cycle,” said a press release shared by the company.

Offering Details

Metaverse Foundry will help you explore the metaverse through over 100 ready-to-use templates and use cases. To enable businesses on the brink of the metaverse, these features promise to provide immersive interactions with virtual and augmented environments.

They will let a business know how these environments and tools feel and behave for its customers, workplaces, products, and operations.

“The physical and virtual worlds are already seamlessly and ubiquitously interwoven. The metaverse will deepen this overlap in very experimental ways that will create plenty of room for entrepreneurial innovation.

We want to help our customers quickly double down on those opportunities in a rapid discovery, rapid learning environment before they can refocus their capabilities, processes, and culture internally to respond to this rapidly evolving space,” Ravi Kumar S, President, Infosys, said. .

Metaverse Foundry is already in use

Infosys’ metaverse foundry has already been used by some companies and partners, the firm’s statement said.

For example, it helped Tennis Australia during the 2021 Australian Open by providing an expanded digital physical store and helping fans reimagine the shopping experience.

They made it possible for tennis fans to purchase all of their favorite items, including t-shirts, beach towels, hats, and rackets in this virtual world, and then bring them into the real world. This clarification was provided by Tennis Australia Director of Association and International Business, Korey Allchin.

Construction and mining equipment manufacturer Komatsu is also working with Infosys Metaverse Foundry to “uncover the single most important investment” you should be making today to be prepared for tomorrow. “We are excited to partner with the Infosys metaverse foundry…” said Daniel Schumacher, director of global IT applications and digital innovation at Komatsu.

Infosys co-founder had bet on Crypto as an asset

Infosys co-founder Nandan Nilekani said in June last year that cryptocurrencies should be treated like commodities. However, he cited volatility and high power consumption as reasons why they are not a great option for payments. In March of last year, the tech billionaire noted that digital assets should not be banned. Rather, they should be treated as an asset class.

Featured image courtesy of Infosys

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