NEWS
Gartner predicts 25 % of people will spend at least one hour per day in the Metaverse by 2026
Gartner defines a metaverse as a collective virtual shared space , created by the convergence of virtually enhanced physical and digital reality . It is persistent , providing enhanced immersive experiences , as well as device independent and accessible through any type of device , from tablets to headmounted displays .
By 2026 , 25 % of people will spend at least one hour a day in the metaverse for work , shopping , education , social and / or entertainment reasons , according to Gartner .
“ Vendors are already building ways for users to replicate their lives in digital worlds ,” said Marty Resnick , Research
Vice President at Gartner . “ From attending virtual classrooms to buying digital land and constructing virtual homes , these activities are currently being conducted in separate environments . Eventually , they will take place in a single environment – the metaverse – with multiple destinations across technologies and experiences .”
Because no single vendor will own the metaverse , Gartner expects it to have a virtual economy enabled by digital currencies and nonfungible tokens ( NFTs ). The metaverse will impact every business that consumers interact with every day .
“ Enterprises will have the ability to expand and enhance their business models in unprecedented ways by moving from a digital business to a metaverse business ,” said Resnick . “ By 2026 , 30 % of the organizations in the world will have products and services ready for metaverse .”
Jazz launches cloud platform ‘ Garaj ’ to ensure Pakistan ’ s data independence
VEON ’ s Jazz operator in Pakistan has launched ‘ Garaj ’, a state-of-the-art cloud platform , to help enterprises through virtualized IT services .
The onshore cloud is a significant step forward in ensuring that data created in Pakistan is hosted within the country as well as a key enabler of Jazz ’ s digital operator strategy .
With an investment of US $ 6 million planned in the next few years , Garaj will enable businesses , public entities and academic institutions , as well as local start-ups , to further optimize their operational efficiency , capacity and accelerate their growth ambitions .
The cloud services will be delivered from Jazz ’ s data center in Lahore and Jazz Digital Park , Pakistan ’ s largest TIA Rated-3 certified data center that has received an investment of US $ 8 million .
“ Business innovation , today , requires powerful technology solutions ,” said Syed Ali Naseer , Chief Business Officer , Jazz .
“ Garaj will enable a secure and affordable cloud experience as more businesses and governments seek digitalization to capture efficiencies and reinvent their customer experience . Cloud solutions will allow for much needed cost and operational efficiencies , while delivering security and improving the ease of doing work .”
Traditional IT infrastructures require in-house server hardware , software licenses , integration capabilities and on ground employee support . Through Garaj , companies can forego these additional expenses , and utilize the pay-as-you-grow pricing model , customizing and scaling plans according to their growing needs .
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