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KPMG to establish Centre of Excellence for metaverse, digital twins

As per KPMG, metaverse will create a secure landscape for facilitating Saudi Arabia's business and society within national policies.

KPMG to establish Centre of Excellence for metaverse, digital twins

Saturday February 11, 2023 , 1 min Read

KPMG is set to establish its Centre of Excellence (CoE) for metaverse and digital twins. KPMG announced this decision along the sidelines of the LEAP tech conference 2023.

For this, KPMG will bring together a 'broad collective', with Microsoft bringing its infrastructure and gaming platform and Ericsson utilising its 5G tech and network, as well as Metakey as the technical partner to create three-dimensional objects, a press release shared by Zawya read.

The launch aims to speed up the application of metaverse and digital twins in Saudi Arabia and the wider MENA region.

As per KPMG, metaverse will "position Saudi Arabia on a global stage" and create a secure landscape for facilitating the country's business and society within national policies.

The CoE is expected to act as a 'foundational stepping stone' in accomplishing this larger goal.

As a part of the CoE, KPMG has also dedicated a co-investment fund for metaverse use cases in the country, with the aim of working with private and public partners to accelerate the technology for practical application.

The four-day conference, LEAP 2023, concluded on Thursday, February 9, 2023, and witnessed over 100,000 global tech innovators and experts.



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Edited by Suman Singh