Coforge sets up Center of Excellence for Metaverse and Web3 at Greater Noida

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Biznextindia : Coforge Limited (NSE: COFORGE), a global digital services and solutions provider on Tuesday announced the opening of its center of excellence (CoE) for the Metaverse and Web3.

The facility will support interdisciplinary research and identify various use cases for the metaverse and its intersection with digital technologies like blockchain, smart contracts, artificial intelligence, machine learning, cognitive, data & analytics, and integration with other enterprise systems. Coforge wants to be at the cutting edge of what the metaverse and Web3 have to offer in terms of immersive experience, real-time presence, decentralised control, and possibilities. In order to meet its clients’ demands for Web3 and the Metaverse, the company also plans to train and upskill over 1000 of its staff.

Commenting on this announcement, Sudhir Singh, CEO, and Executive Director of Coforge said, “The ability to combine the physical world with the virtual world brings in tremendous opportunities in programming the next internet, content, and experiences from the factory floor to the board room. We are excited to engage with the Metaverse, Web3, and related technologies to tap the countless opportunities for innovation they offer in our core verticals of BFS, Insurance, and Travel & Hospitality and in new verticals like Retail, Manufacturing, Healthcare, and Public Sector.” Leveraging Microsoft technologies, Coforge aims to deepen its Mixed Reality offerings. Coforge has already entered a partnership with industry leaders like Virbela, Hedera and R3 for their Metaverse and Web3 offerings and has more partnerships in the pipeline. “The metaverse is proving to be a transformative technology for modern enterprise companies — helping them build stronger communities and a more vibrant corporate culture across their global organization,” said Virbela’s Chief Customer Officer, Craig Kaplan. “Together with Coforge, we’re shaping and evolving the way work will be done for generations to come.”

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