target audience: TECH SUPPLIER Publication date: Aug 2022 - Document type: Market Note - Doc Document number: # EUR249518222
Siemens and NVIDIA Partnership to Develop and Scale the Industrial Metaverse
This IDC Market Note examines the key elements and implications of the partnership between Siemens and NVIDIA that aims to enable the industrial metaverse and increase the use of AI-driven digital twin technology across the entire product life cycle, from design through operation.
With this partnership, Siemens is seeking to help customers build photorealistic, physics-based digital twins that simulate real-world systems.
"Companies need to look at this technology as an opportunity. The industrial metaverse can become a platform that enables improved resilience, enhanced efficiency, and innovation at scale. The extensive ecosystem of technology vendors, service providers, customers, and other participants means that the metaverse is continuously evolving. The partnership between Siemens and NVIDIA, two leading industrial innovators, sets a new standard for real-time visualization and provides far-reaching opportunities for future metaverse users." — Senior Research Director Jan Burian, Head of IDC Manufacturing Insights, EMEA