Enterprise metaverse: Employees are ready, can organizations deliver?

Just as businesses are starting to find their groove with hybrid working, the workplace has begun to evolve again with the emergence of the metaverse. New research from Lenovo reveals that close to half of employees (44%) are willing to work in the metaverse and believe that it can deliver benefits like productivity to the workplace.

The metaverse is primarily defined as a shared digital space with digital representations of people, places, and objects. In the future, the metaverse can be a highly immersive extension of the physical world, with its rich user interface. At the enterprise level, this opens up possibilities for businesses to create a more viable, interactive workplace.

However, there is skepticism on whether companies have the capabilities to pull it off. Two in five (43%) respondents believe their employers do not, or probably do not have the knowledge or expertise to enable them to work in the metaverse of the future.

Ken Wong, President, Lenovo Solutions and Services Group: “The pandemic challenged us all to adapt to new ways of work – forcing organizations of all sizes to evolve at an exponential pace. The metaverse presents businesses with new opportunities but also more complex technological challenges, such as the need for more computing power, better integrated hardware, and simpler and more flexible IT solutions.”

Key findings from the survey include:

• While half of employees (44%) are willing to work in the metaverse, 20% are unwilling, with 21% say they are neutral and another 15% say they are not sure.
• Half of working adults (51%) agree that an employer’s speed of adoption of new technology is an indicator of readiness for new technological realities, such as the virtually enhanced physical reality of the metaverse.
• Working adults in Brazil (53%), Singapore (51%) and China (54%) are split evenly, with around half confident that their employers have the expertise to enable a metaverse workplace, and the other half less confident. Conversely, working adults in the United Kingdom (30%) and Japan (18%) are less optimistic.
• While 44% think the metaverse will improve their work productivity, three in five (59%) do not think or are not sure that their employers are currently investing enough in IT to help them maximize their productivity.

To manage an increasingly complex technology, businesses need simple and flexible IT solutions. Lenovo’s solutions include ThinkReality platform, which is powering the enterprise metaverse with a portfolio of award-winning hardware, software, and services.

The momentum behind the ‘metaverse’ is growing because major technology companies are sharing a converging vision of the future of the technology and its impact. Lenovo is essentially talking about the future state of the tech industry and expectations for future human behavior.

“Here in India, there is enormous potential in the metaverse for both individuals and enterprises. But they require a large portfolio of reliable, secure and scalable solutions from trusted global technology partners, from mobile computing and display technologies to edge and data center solutions. Lenovo’s everything-as-a-service offerings can help organizations unleash their full potential.” Shailendra Katyal, Managing Director, Lenovo PCSD India and Site Leader, Lenovo India. 

The as-a-Service market is growing at four times the overall IT services total addressable market. As-a-Service solution provides mission-critical support and services, enabling businesses to use technology to scale quickly, lower costs, and reap greater efficiencies. With its flexible and transparent offerings, Lenovo has helped organizations from the education to aerospace sectors optimize the right technology with the potential to transform and future-proof their operations.