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

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

Offer Details

The Metaverse Foundry will help you explore the metaverse through over 100 ready-to-use models and use cases. To enable enterprises on the edge of the metaverse, these capabilities promise to provide immersive interactions with virtual and augmented environments.

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

“The physical and virtual worlds are already seamlessly and ubiquitously intertwined. The metaverse will deepen this overlap in very experimental ways that will create abundant space for business innovation.

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

Metaverse Foundry already in use

Infosys’ metaverse foundry has already been used by some businesses and partners, the company said in a statement.

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

They made it possible for tennis fans to buy all their favorite items, including t-shirts, beach towels, hats and rackets in this virtual world, and then take them back to the real world. This clarification was provided by Tennis Australia’s Director of Partnerships and International Business, Korey Allchin.

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Construction and mining equipment maker Komatsu is also working with Infosys Metaverse Foundry to “discover the most significant investment” it must make today to make it future-ready. “We are excited to partner with Infosys’ metaverse foundry…” said Daniel Schumacher, head of global IT applications and digital innovation at Komatsu.

Infosys co-founder had bet on cryptocurrencies as an asset

Infosys co-founder Nandan Nilekani said in June last year that cryptocurrencies should be treated as commodities. However, he cited volatility and high energy consumption as reasons for not being a great choice for payments. In March of last year, the tech billionaire noted that digital assets shouldn’t be banned. Instead, they should be treated as an asset class.

Featured Image Courtesy of Infosys

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