GlobalData: The metaverse faces an uphill challenge

The metaverse – a virtual realm promising shared experiences and real-time interactions within simulated scenarios – is encountering obstacles on its path to widespread adoption, according to a report by GlobalData.

GlobalData’s latest study, titled “Metaverse – Thematic Intelligence,” sheds light on the challenges hindering the metaverse’s growth.

Chief among these challenges are limited knowledge of the theme, underwhelmed consumers, project delays by...

2 November 2023 | Metaverse

GlobalData: These advances will make the metaverse a success

Analysts from GlobalData have revealed the advances they believe will power the metaverse and drive adoption.

“Latency is a key hindrance to the metaverse adoption. Several companies are trying to address this issue from various angles as per their technical or business acumen,” said Kiran Raj, Practice Head of Disruptive Tech at GlobalData.

“Potential solutions could be in terms of network protocols, software applications, or hardware such as chips and AR and VR...

29 April 2022 | 5G

GlobalData: 75% of execs anticipate disruption from automation within 12 months

Three-quarters of executives are expecting their sector to be disrupted by automation within 12 months.

The findings come from research firm GlobalData which calls automation “no longer a distant dream”. Undoubtedly, the pandemic has sped up the adoption of automation as leaders seek to shelter their businesses in uncertain times and adapt to lasting societal changes.

Charlotte Dunlap, Principal Analyst at GlobalData, said:

“The pandemic has shown us just...

4 February 2022 | Digital Transformation