Pittsburgh, PA (USA), June 2022 – Immersive solutions provider Spatial Future has initiated the launch of altz, a metaverse network infrastructure for enterprise and consumers. The network seeks to fill a critical gap that exists as firms look to incorporate XR technologies into their business strategies.
As a growing number of industries acknowledge the need to embrace immersive technologies, a great deal of confusion remains as to how firms can feasibly adopt XR to bolster their bottom line. Spatial Future addresses this challenge by delivering customized, scalable virtual environments that unlock value for businesses and their customers.
Fully online by 3Q 2022, the altz network will initially be open to businesses and industry ecosystems, followed by a consumer launch in 2023. Featuring ultra-low-latency connections, the network encompasses both closed system and interoperable functionality, resulting in a full suite of enterprise-scale virtual worlds optimized for current and future VR and AR headsets.
Leveraging a cutting edge supercomputing platform, altz transforms the virtual into the hyperreal, paving the way for the formation of massive multiuser metaverses. For business in the metaverse, there is no "one-size-fits-all". Spatial Future will spearhead the onboarding process for firms' entry into the altz.io network. The company targets a wide range of industries, from healthcare and education to entertainment, including the high-growth iGaming segment.
Virtual and augmented reality environments are just as varied, with recent projects including VR workspaces all the way up to metropolitan area-sized digital cities. Spatial Future's metaverse design process is centered on digital twinning, built on the foundation of expertise in geographic information systems (GIS) and video game development.
Founder David Karg describes how this model can fit into a firm's overall business strategy. "We are first and foremost a professional services company that uncovers hidden value for businesses through the use of emerging technologies. Some analysts are valuing the metaverse market in the trillions of dollars in coming years. Obviously, this opportunity is game changing for the world, and it is underway - even if it's in its earliest stages. Who really knows, though, how it will ultimately take shape? Our goal is to avoid hype by taking a clear-eyed approach with clients, developing strategies that are tailored to their own goals as an organization or industry."
Empowering the "creator economy", the altz network provides a global platform for developers and creators. It is equipped to match talent with projects best suited for their specialization. This "creator economy" model is designed to reflect the decentralized structure of the emerging web 3.0. Each "altizen" can assign additional members to their matched project, giving creators ownership over the entire process.
In an ongoing effort to tap into a truly global talent pool, Spatial Future has already established a recruitment channel for developers in Eastern Europe and South Asia. Ukraine, in particular, will be a core component of altz's geographic reach. The tragic effects of the senseless war in Ukraine may actually open an opportunity for a hopeful rebuilding of their battered economy. Spatial Future, working with sources in Ukraine's tech community-at-large, also intends to work with their government's forward-looking Ministry of Digital Transformation.
Karg explains further, "We want to build the metaverse in Ukraine and worked to develop a pipeline for talent there well before the brutal invasion. The tech pool is robust and especially adapted for emerging areas like blockchain and XR application design. Ultimately, we want to help Ukraine by empowering their tech industry with the capital and investment needed to rebuild. We want to build the metaverse in Ukraine."