Accenture Executive on Building in the Metaverse

CoinDesk published this video item, entitled “Accenture Executive on Building in the Metaverse” – below is their description.

Despite the drastic decline in NFT and Web3 sectors in 2022, IT services and consulting firm Accenture says the metaverse will fuel a one trillion dollar opportunity for businesses by the end of 2025. Accenture Senior Managing Director David Treat weighs in on building businesses in the metaverse and the opportunities it presents. Plus, a preview of Accenture’s partnership with Microsoft.

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About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

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Accenture plc is an Irish-based multinational professional services company that specialises in IT services and consulting.

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In This Story: metaverse

A metaverse is a network of 3D virtual worlds focused on social connection.

In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.

The metaverse is something which many in the early 2020s are actively engaged in developing: an entirely online, virtual and alternative reality, in which people will be able to conduct many forms of business and social interaction – virtually.

The movement towards a metaverse gathered significant pace and attention when Facebook’s parent company rebranded itself to “meta” in 2021.

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In This Story: Microsoft

Microsoft Corporation (NASDAQ: MSFT) is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

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