26 September 2023

Digital Technology Guru

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Siemens to Invest Billions in Creating Industrial Metaverse Hub in Germany

2 min read
Siemens to Invest Billions in Creating Industrial Metaverse Hub in Germany

Siemens AG, a leading technology company, has announced plans to invest billions in Europe and the U.S. to establish an industrial metaverse hub in Germany. As part of this initiative, the company will invest approximately one billion Euros in Germany, with around 500 million Euros being allocated to a new technology campus in Erlangen. This campus will serve as the center for technology activities related to the Industrial Metaverse.

The Industrial Metaverse, which involves the virtual replication of the real world, continues to be an area of focus for many large corporations. In addition to Siemens, Microsoft has also shown its commitment to the industrial metaverse developing tools for data management, collaboration, and digital twins.

Siemens aims to revolutionize the way manufacturing is done in the future leveraging the Industrial Metaverse. The new campus in Erlangen will be a central location for research, development, and high-tech production models. State-of-the-art technologies and artificial intelligence will be utilized to create flexible and sustainable production processes.

Before construction begins, the campus buildings will be digitally planned and simulated. This allows for optimization of the entire factory layout in the virtual world, which will then be adapted to the real world in the industrial metaverse.

The planned campus in Erlangen will cover an area of approximately 200,000 square meters and will prioritize sustainable and future-oriented high-tech production. Siemens also plans to collaborate with the city of Erlangen to implement innovative energy infrastructure and green energy supply.

This investment Siemens highlights the growing importance of the Industrial Metaverse in shaping the future of manufacturing. With its focus on technology and sustainability, Siemens is positioning itself as a key player in this emerging field.