Intelligent Tech Channels LATAM Issue 01 | Page 26

FUTURE TECHNOLOGY

Why should Latin America ’ s digital infrastructure be prepared for the metaverse in the next decade ?

Rafael Garrido , Vice President of Vertiv LATAM and National Manager of Vertiv in Brazil
Rafael Garrido , Vice President of Vertiv LATAM and National Manager of Vertiv in Brazil , explains the impact of the metaverse on the management of future infrastructure .

On October 28 , 2021 , Mark Zuckerberg , CEO of Facebook , announced at a virtual reality event his intentions to change the future of the Internet as we know it . He revealed the new name of his company , Meta , and stated that they would be focusing on developing the metaverse : the next level of interconnectedness .

Simply put , the firm Verified Market Research defines the metaverse as a virtual world designed for interconnected digital spaces , with immersive experiences that blend with physical and digital spaces , and encourage interaction and collaboration around the world .
Since Zuckerberg ' s announcement , there has been increased interest in the metaverse from companies and the general public . In fact , according to a statement from Gartner , by 2026 , it is expected that 25 % of people worldwide will spend more than an hour in the metaverse , and this demand is likely to increase .
For Latin America , this technology represents significant business opportunities in areas such as security , transportation , logistics , education , entertainment , manufacturing and tourism .
The recent study , The Potential Global Economic Impact of the Metaverse by Analysis Group , commissioned by Meta , estimated that the metaverse economy in Latin America could reach $ 320 billion in a decade .
Nick Clegg , President of Global Affairs at Meta , emphasized in an article in El País , the great opportunity that the region is experiencing in terms of this technology , despite still being considered emerging in the market .
According to Clegg , more than 100 million people in Latin America use augmented reality effects on Instagram and Facebook monthly . Brazil and Mexico are among the 10 countries that use Meta ' s software , Spark AR , to develop filters .
We are on the cusp of a trend with great potential to impact the data center and IT industry in the region if we focus on solving two paradigms : infrastructure and people .
An ecosystem in which the metaverse can thrive
From Clegg ' s perspective , the next 10 years will be decisive for Latin America to prepare the necessary digital infrastructure to support the metaverse .
The Analysis Group study indicates that some of the early components of the metaverse and the experiences it seeks to facilitate rely heavily on technologies such as augmented reality , virtual reality , mixed reality , blockchain , and non-fungible tokens , among others . Likewise , mobile technologies are essential to ensure more immersive and engaging experiences .
For the metaverse to develop , our region has much to work on in terms of mobile connectivity , bandwidth , a faster and more efficient network , and greater data processing capacity . The main digital infrastructure requirements for the region
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