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Companies wait and see in the metaverse as tech debt limits experimentation

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Companies wait and see in the metaverse as tech debt limits experimentation

Source: www.ciodive.com

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Diving summary:

  • Despite flashy promises of brand involvement in the metaverse, most business leaders are taking a cautious approach to investing, according to KPMG data released Thursday.
  • Nearly two-thirds of executives say they are waiting for competitors to invest in and/or adopt metaverse technologies before investing themselves.
  • Resource limitations are contributing to adoption delays. Nearly 7 in 10 companies with plans to adopt the metaverse and Web3…

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