How do landlords make the most of the Metaverse?

24/10/22 Wavenet
How do landlords make the most of the Metaverse? placeholder thumbnail

Consulting with property owners and developing technology solutions for the flex work space sector, our Wavenet Connected teams are often asked about innovation around the Metaverse.

 

 TLDR; Flexible connectivity is the foundation for every Metaverse application in the future

 

What is the Metaverse?

 

 The metaverse as a term came to prominence (at least in the sci-fi community) in the early 80’s when Neal Stephenson released his novel “Snow Crash. This presented a massive shared virtual world and the often cited first use of “avatars” to depict yourself in this vast space. (Stephenson’s since said that he’s found earlier uses of avatar and metaverse).


With earlier attempts faltering (e.g., Second Life), now there’s serious signs of the metaverse becoming more mainstream. Partly driven by the gaming worlds of Minecraft, Roblox and Fortnite and popularised earlier in the 2018 film Ready Player One (based on the even earlier 2011 novel). Virtual versions of landscapes are appearing in Decentraland. Facebook’s rebranding to Meta has also given it higher prominence, alongside Microsoft also upping its investment in the area and even incorporated avatars and VR into Teams.


Flex space Metaverse opportunity


With the Metaverse having a forecast market value of over $820 billion by 2030, for the Flex space sector there are a few examples use cases for the Metaverse that leap out.


Virtual meeting spaces


Recreating your buildings and spaces in the metaverse space could provide a seamless way to carry your community from the physical to the virtual. Cross-continent meeting rooms gives organisations with global teams an effortless way to get-together in spaces that have a strong degree of familiarity. Imagine visitors to your building already knowing their way around, as they’ve already worked there in the Metaverse.


Collaboration in the Metaverse


Working in VR may provide opportunities for teams to work and deliver projects together moving away from the ‘flatland’ of video conferencing with a more memorable experience. Less tiring and more immersive.


Metaverse Training


Shared learning with immersive experiences that deliver training much quicker are key Metaverse benefits. Global onboarding, safety and sales training are all relevant. With VR training, the opportunity to show rather than tell becomes real, with shared experiences using 3d models rather than a flat slide deck.


What is “Virtual workspace-as-a-service”?

 


“Virtual workspace-as-a-service” might worth consider. This is the idea of renting VR headsets and an option of providing space to use them within your community areas. VR headsets are often thought of the most expensive entry point for businesses so it’s a fantastic opportunity to improve customer experience.

 

The Metaverse still has a problem.


For all the exciting potential, there’s a not a ‘single’ platform for the Metaverse.


Software and hardware aren’t standardised and even the aimed for transferable ‘Avatar’ across ‘verses haven’t yet been realised. Once this starts to be overcome, there will likely be a big turning point.


Preparing for the Metaverse now


For Wavenet Connected, we know that everything around the Metaverse will still require one thing.


Superfast, Quality, Reliable Connectivity – whether it’s delivered via Wi-Fi, Fibre or mobile.


We transform buildings ready for the future, cabling high-capacity fibre circuits, designing seamless Wi-Fi throughout, and installing mobile masts for strong 4G & 5G coverage in every space.


With the exponential growth of data that the Metaverse will bring, scalability and security of networks will become more important, so increasing the need for our dark fibre point-to-point options supplying bandwidths of 250gbps or even limitless capacity.


Building on this, we’re adding a centralised platform that can integrate systems and be flexible to adapt to the changing reality of the Metaverse, a true gateway to the services your building needs.


Then fully understanding data flows through smart technologies & IOT solutions for wellness, space utilisation and environmental monitoring allows you to have the framework for the creating your Metaverse opportunity.

Our approach means that buildings are ready to deliver the Metaverse to organisations within your spaces, no matter the platform.

 

Ensuring more flexibility for the flex space.

 

Discuss future proofing your buildings for the Metaverse with Wavenet Connected.


Call the team on 0203 836 8884 or find out more about our solutions.

 

 

Wavenet Connected is a specialist division of the Wavenet and the 1st choice provider of managed office IT and connectivity for the flex space sector across the UK. Building on a strong legacy of over 15 years supporting commercial real estate landlords, Wavenet Connected serves more than 6,500 organisations and 30,000 end users across seven million square foot of office space.


 

wavenet-connected-logo


 

 

Networking & Connectivity, Fibre Ethernet, 5G, metaverse, landlords, real estate, Connected

Latest blogs

See all posts
wavenet IT support
How we support our customers | Managed IT services UK

We support organisations by bringing together the core building blocks of modern IT - secure, resilient networking; flexible cloud and data platforms; and collaboration tools that help people work from anywhere. As the UK’s most trusted managed service and security provider, we combine a broad portfolio across connectivity, cloud, communications and cyber security with deep technical expertise to design solutions that fit each customer’s goals, not a one-size-fits-all template. From connecting people and places to applications and data, to optimising Microsoft services and costs, enabling AI-driven productivity, and protecting environments with proactive security and incident response, We help customers stay secure, agile and focused - while building the operational resilience needed to anticipate, respond to, and recover from disruption. Watch this video to find out more Transcript: 0:05 Wavenet is the UK's most trusted managed service and security provider with a broad portfolio in connectivity, cloud, communications and cybersecurity. 0:15 We employ 1700 brilliant people with over 950 of those being highly skilled technologists. 0:22 So how do we use our broad portfolio, market leading partnerships and deep technical expertise to support our customers? 0:30 Intelligent networks are the foundation upon which everything else is built. 0:34 If the network is not robust, secure and scalable then anything that's connected to it will be affected. 0:40 From supplying broadband to designing networks from scratch, we connect people and places to data and applications. 0:46 As an ISP, we know there is no one-size-fits-all when it comes to network connectivity, so we take the time to assess the situation and goals before making a recommendation. 0:56 With the intelligent network in place, we make applications and data accessible. 1:00 These can reside anywhere within the Wavenet cloud, whether that be public, private, community or SAS based services unique to the market on demand. 1:09 Azure provides you with access to technical change and run squads for transformation, engineering and support, aligned with your own initiatives and priorities and as scalable as you need. 1:21 In public services such as Azure and Microsoft 365, financial management is a critical component and we have the tools that can effectively review consumption and make recommendations to streamline costs by effective use of licences, application of Azure services and 365 subscriptions. 1:39 Modern Workplace provides secure access for colleagues to the applications and data they need, regardless of location, whether they're in the office, at home, or working remotely. 1:49 They can access their apps and data from the Wavenet cloud, or they can be delivered as SAS services over the Intelligent network. 1:56 Our Copilot adoption and readiness packages unlock productivity, making your people more efficient. 2:02 Our Desktop as a service offering manages the full life cycle of consumer devices from provision, iMac management, recovery and recycle. 2:10 Bundled with complementary services such as End User Service Desk and Customer Site Tech Desk to support your staff and colleagues, ensuring that they're able to use the technology efficiently. 2:20 Our mobile services offer cost effective connectivity and airtime plans from all the UK's mobile network providers. 2:28 IoT services can be described as modern workplace with cameras, sensors, scanners and other devices providing data and insight over the foundation network. 2:37 Once we have connected users to your business applications and data, we help them communicate and collaborate with colleagues, suppliers and customers. 2:45 We empower sales and contact centre users with generative and agentic AI tools, pulling real time data information from your systems before, during and after customer interactions to deliver outstanding customer experiences. 2:59 We protect your environment with a range of proactive security services including security testing, managed detection and response. 3:06 Seem security awareness training and cyber certifications. 3:10 Providing reassurance in the event of an attack through fast and effective cyber incident response. 3:16 Underpinned by our highly skilled people, modern platforms and ITIL aligned processes. 3:22 Our advisory, monitoring, support and manage services simplify technology management, enhance user experience and control complex environments. 3:31 Helping you stay secure, agile and focused. 3:35 From supporting your in house IT teams to fully outsourced infrastructure and end user support across connectivity, cloud, communications and cybersecurity, we scale our services to support your business needs. 3:48 Wavenet has a long heritage in delivering operational resilience services and business continuity management consultancy. 3:54 With services that have evolved to meet the growing demands of UK organisations and new technology, we deliver the ability to anticipate, prepare for, respond to and recover from disruptive events or challenges that could impact your operations. 4:09 The goal is not just to survive disruptions, but to be able to maintain critical operations and recover quickly when things go wrong. 4:16 This is especially important in a fast-paced, interconnected world where businesses faced increased vulnerabilities. 4:23 As you can see, using our economies of scale, diverse vendor relationships and cutting edge expertise, we empower customers to make their technology work smarter.

Read more

Stay service-savvy

Get all the latest news and insights straight to your inbox.