Nokia is leveraging the "industrial metaverse" to help companies map their systems

 

Nokia is leveraging the "industrial metaverse" to help companies map their systems for efficient operation, potentially reducing costs, accelerating innovation, and cutting emissions.  Digitization and climate change are increasingly intersecting, with digital technologies offering opportunities for large industrial firms to contain energy costs and reduce emissions. Utilities can use the industrial metaverse to conduct remote repairs, reducing emissions-intensive travel. Manufacturers can prevent machine downtime, reducing the emissions associated with building and operating backups. Transport companies can use the technology to model their networks better, keeping unnecessary trucks and planes idle. Digital technologies could quickly cut emissions in the energy, materials, and mobility sectors by up to 10%, according to a study by Accenture. Digital technologies also pose climate risks, with enterprise technology alone responsible for 1% of global emissions. Training a single AI model can lead to emissions equivalent to the lifetime emissions of five U.S. cars, according to a study by the University of Massachusetts, Amherst. Global greenhouse emissions data shows that the major contributors to global emissions by economic sector in 2015 were electricity production (29%), transportation (27%), and industry (21%), followed by commercial and residential (12%) and agriculture (9%).