The Australian arm of Big Four accounting firm KPMG could soon be holding executive meetings and closing multi-million dollar deals with clients in the Metaverse, with the firm now exploring how the revolutionary technology can transform its business model.
In a recent interview, KPMG’s James Mabbott, Partner in Charge at KPMG Futures said the firm sees real potential in the technology creating new and more efficient ways for businesses and consumers to interact with each other: “I think the really interesting applications are going to be in the business to business context [...] And I think that I actually think that's where the money is going to be [even] more so than the consumer driven participation.”
“Off the back of that, I think there will be an explosion actually in terms of uptake and use and applicability of these technologies as well,” he added.
“It’s that sense of being in the room and being able to read [other people’s] body language and feel like you're there.
The Metaverse is expected to be worth $5 trillion by 2030, according to a Jun. 2022 report from international consulting firm McKinsey.
Source: Cointelegraph
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