industrial metaverse

Forward-thinking companies recognize that digital investment must go further than machines and materials. To gain a competitive edge, they must focus on employees too.  A majority (86%) of manufacturing executives believe that smart factory solutions will be the primary drivers of competitiveness in the next five years. But it’s not just machines that are getting smarter. It’s people too. Already manufacturers are anticipating that the industrial metaverse could lead to a 12% gain in labor productivity, a positive step to…

Microsoft recently witnessed a third round of job cuts. These job cuts are part of the 10,000 layoffs that the company announced in January this year. The latest round of job cuts reportedly impacted employees in roles related to supply chain, Artificial Intelligence (AI) and Internet of Things (IoT). According to a report in CRN, quoting Microsoft spokesperson, the job cuts were across various levels, functions, teams and geographies.In Washington state, the tech giant recently sacked 689 employees, according to…