Tech Giant Globant Believes the Metaverse Will Have Its Make or Break Moment in 2023 – Metaverse Bitcoin News

Globant, a Luxembourg-based tech giant with Argentine origins, has referred to the short-term future of the metaverse in its latest Tech Trends report. According to the company, this year the metaverse will “burn bright or burn out,” as it needs to show its potential when compared to other trendsetting tech like artificial intelligence.

Metaverse at a Decisive Moment, According to Globant

Globant, one of the biggest IT technology companies in the world, has referred to the potential future that metaverse and technology related to this new vision might have in the short term. According to its 2023 Tech Trends report, the company believes that 2023 is the year for the metaverse to “burn bright or burn out,” as the market is still waiting for significant and practical applications to rise in this field.

How To Get Free Crypto  

Companies like Meta have already invested billions of dollars in the sector, and while the company has produced VR headsets directed at mainstream audiences, it has failed to penetrate in a significant way, even if it has the largest market share of this still niche market.

However, Globant believes there are signs pointing to the mass adoption of the metaverse. The company declared:

Major players in the metaverse space, such as Meta, pushing towards a viable product in 2023 will open the door to reduced costs and lower barriers to entry, allowing the technology to reach more businesses and impact people’s lives worldwide.

The Future of Virtual Interactions

For Globant, the tech behind the metaverse has the possibility of impacting the lives of people in a positive way, acting as an enabler for more industries to achieve deeper and more meaningful interactions with their customers. Agus Huerta, tech leader at Globant, believes that every company will have to find its place in the metaverse.

Huerta stated:

Companies will increase usage of the metaverse for employee training and education and other activities where simulation can improve experiences.

For Diego Tartara, global CTO at Globant, the metaverse is still in its initial stages, but its evolution will change how people live digital experiences in the future. There have already been notable developments in this field, like the recent implementation of metaverse tech in a judicial hearing procedure in Colombia, and the introduction of virtual environments to help fight school absenteeism and streamline recruiting processes in Japan.

Tags in this story

What do you think about metaverse technology and the future of its adoption? Tell us in the comments section below.

Coinbase Banner  
Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

Image Credits: Shutterstock, Pixabay, Wiki Commons, T. Schneider /

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Go to Source
Author: Sergio Goschenko

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.