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We are here at AWS re:Invent.

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And one of the topics that we're covering
is the industrial metaverse.

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I have two experts by my side here.

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BCG’s Dr. Tilman Buchner.

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He is Global Leader, Innovation Center

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for Operations and Partner and Director
at BCG. and Mr.

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Bill Foy, Director Solutions

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and Go to Market
Automotive and Manufacturing at AWS

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Great to see you both.

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Dr. Buchner, before we go
too much further in the conversation,

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what is the industrial metaverse?

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Well, first the industrial metaverse is a concept.

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It actually helps companies
to do things

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they couldn't do before five years ago.

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Let me give you four examples.

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There's one opportunity to really enhance

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the collaboration
across engineering processes, which means

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you could really reduce the time
in these engineering processes.

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Secondly, it's about simulation.

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We could accelerate
the time needed to do simulation,

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for example, by a factor of ten thousands.

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Third, it's about virtualization.

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Thanks to enhancements
in photorealistic rendering,

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you can close the simulation-to-reality gap.

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And last
but not least, it's about synchronization.

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So now we can make sure

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that the real world
and the virtual world is always in sync.

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So based on this description, Mr.

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Foy, how do you see the enabling
technologies of the industrial metaverse?

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Yeah.

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So I think the cloud is obviously one
of the enabling technologies.

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And as we think about like IOT
and the devices there-

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So, yes, Internet of Things- and
then virtualization is really important.

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And then additionally, as we think about

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like rendering and these types of areas,

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I think that's really important
for enabling technologies.

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So if we think about
the industrial metaverse,

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how do you close this gap
between simulation and reality?

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Dr. Buchner. Actually,

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the industrial metaverse benefits
from the enhancements in compute power

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because the GPUs chipsets,
they actually enable now that we have

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these significant improvements in computer
generated imagery

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which allows us to do ray tracing effects,
which at the

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end enables us to render things
so that they look like as in reality.

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And this is what we call closing
the simulation-to-reality gap.

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Mr. Foy,

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How do you see that, and how do you see
closing this gap on a time horizon?

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Yeah, I think the the services
that we're creating to help enable,

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I think within two years you'll see
a big difference from where we are today.

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So you'll start to see some some things
trickle out as use cases,

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but within two years.

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Okay.

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Mr. Bill Foy and BCG’s Dr.

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Tilman Buchner, thank you both.