Cisco is putting resources into augmented reality hologram technology for its Webex conferencing software.
The enterprise giant is betting that AR technology will gain momentum as companies adopt metaverse-style works.
It’s part of Webex’s strategy to regain market share, a key figure tells Insider.
The metaverse, commonly seen as a technology that allows people to communicate with each other in 3D-rendered virtual worlds, may seem like an unlikely investment area for Cisco, whose core business is networking hardware and software. But Cisco is betting that building its own version of the metaverse could be a secret weapon for its Webex conferencing tools, as it aims to regain market share by attracting new customers who want hyper-realistic workplace video conferencing.
Want help navigating the possibilities of the Metaverse? We can help!
"The metaverse also could be a game-changer for the work-from-home shift amid the coronavirus pandemic. Instead of seeing co-workers on a video call grid, employees could see them virtually."
What's the Metaverse going to do to my internet speeds?!
We don't have exact data on how the Metaverse is going to impact Internet Speeds, but we predict the usage will be greater than the increase we saw when the pandemic first hit. There are still a lot of pieces that need to be worked out, but this is a good time to be rethinking your business systems and customer experience.
Want to imagine how the Metaverse might impact your business?
Source Information: AP News
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