IT Firms Tap Nascent Metaverse To Help Clients Explore Its Potential

20 views Reading Time: < 1 minute

Indian IT companies are jumping on the metaverse bandwagon amid a global move to the future virtual world. Last month, two of India’s leading IT services companies, Infosys Ltd and Tech Mahindra Ltd, announced their foray into the metaverse.

By clicking Subscribe, you agree to our Privacy Policy.

Sanchit Vir Gogia, CEO and chief analyst, Greyhound Research, believes the metaverse may soon take a “platformization” approach with industry-specific applications.

“The concept of the metaverse is not new for IT services companies such as Infosys, and a few others that have always offered it in bits and pieces through technologies such as experience redesign, digital twin, AI, IoT, AR/VR, blockchain, and 5G. The only difference is now it is being offered as a bundled offering with all elements stitched together and in a more distributed/decentralized model,” he said.

“We will see platformization of the metaverse with industry-specific pre-baked applications. But, as of today, it is still in its early days, and what these companies are doing today will look very different in the next few years,” he added.

HT Mint

<strong>Analyst: Sanchit Vir Gogia</strong>
Analyst: Sanchit Vir Gogia

Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Digital & Technology Research & Advisory firm.

By clicking Subscribe, you agree to our Privacy Policy.

Copyright Policy. All content contained on the Greyhound Research website is protected by copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Greyhound Research, or, in the case of third-party materials, the prior written permission of the copyright owner of that content. You may not alter, delete, obscure, or conceal any trademark, copyright or other notice appearing in any Greyhound Research content. We request our readers to not copy Greyhound Research content and not republish or redistribute them (in whole or partially) via emails or republishing them in any media, including websites, newsletters or intranets. We understand that you may want to share this content with others, so we’ve added all relevant links and tools under each content piece that allow you to share the content. If you have any questions, please contact our Community Relations Team at connect@greyhoundg.com.

Leave a Reply