The Metaverse presents businesses with a brand new avenue of service creation. As companies embrace this technology, Metaverse-as-a-Service platforms have emerged, allowing for new revenue sources and chances to excel in enterprise operations.
Examining the Metaverse-as-a-Service platform
Companies are already harnessing Decentraland and Roblox, two Metaverses, to understand user preferences better and test various models and modes. What lies ahead?
Metaverse-as-a-service (MaaS) is an enterprise tool that allows companies to create virtual universes for medical and financial uses, entertainment, learning, and more.
MaaS will not be used to compete with Decentraland and Roblox. Instead, it will allow enterprises to penetrate the existing Metaverse framework and grow their businesses like how software-as-a-service (SaaS) works.
What kinds of scenarios need MaaS solutions?
With the Metaverse, you can do almost anything – but when looking for business applications, some use cases start taking off, enabling MaaS platform solutions. Let’s look at a few of these use cases below.
Even though remote work has become a mainstay, people miss face-to-face meetings, brainstorming, and team-building. The Metaverse bridges this gap by providing a virtual office to work from to expedite collaboration and increase the impacts of initiatives between teams.
Microsoft’s launch of its Metaverse software for integration with its Teams video conferencing app is groundbreaking. With even Facebook (new Meta) looking to develop Metaverse technologies for work, the need for offices in the Metaverse will be massive soon enough, leading to great demand for Metaverse-as-a-service solutions.
The Metaverse offers innumerable possibilities in healthcare, ranging from securely sharing delicate patient data to increasing cooperation between divisions. Many of the noteworthy advantages come with utilizing AR for Healthcare.
The Metaverse allows students and teachers to benefit from virtual learning hubs and take the idea of campus life online, offering an excellent opportunity for education. One of the primary advantages of the Metaverse is its power to support long-distance collaboration between students and teachers through engaging learning models that include games/scenarios.
Startups centered around Education Metaverse are increasing rapidly, like ClassVR and Stimuli, utilizing new learning models and platforms. The demand for these services is expected to soar. Market leaders are working to construct Metaverse platforms to meet this growing demand – there isn’t currently a single company controlling the majority of the market yet.
The Metaverse gaming environment offers gamers a unique gaming experience and makes new marketing opportunities available to businesses. Regarding play-to-earn gaming, the Metaverse is set to be the next dominant force.
Some top platforms in the Metaverse space include Axie Infinity, Sandbox, Illuvium, Chain of Alliance, Alien Worlds, and others. With the high gaming demand and limited supply in the Metaverse domain, much inequality exists. The request is higher than what is available. The potential is unlimited if you develop a Metaverse platform to address this need.
Moreover, the Metaverse has excellent potential for businesses in many different areas, such as social media, travel, finance, real estate, and customer-facing ventures.
Seeing that there are so many potential uses for metaverses, it’s unlikely that only a few will be able to meet everyone’s demands in the future. Thus, metaverse-as-a-service will become a popular business model as organizations understand its worth in having allocated spaces.
Many companies are already offering metaverse-as-a-service as part of their services, which we will discuss in the next section.
Businesses embracing Mobility-as-a-Service (MaaS)
These companies are part of the MaaS revolution and have made it a key element of their operations.
Lovelace World provides complete MaaS solutions to make Metaverse adoption easier and more efficient for their customers.
The company’s Metaverse-as-a-service toolkit enables its clients to generate revenue from VR games, link up with other platforms, explore NFT experiences, and control smart contracts on Cardano and many more blockchains.
Although a fairly new company, this corporation is gaining recognition for its easy-to-use Metaverse solutions and services.
The company offers solutions for deploying smart contracts for verification, negotiation, and resolution in Metaverse environments. It also provides its customer’s gaming, Defi, and NFT integration services.
This company has been gaining recognition from event companies and businesses for its special features – clients can connect to their metaverse domain and build a Mcity through Touchcast’s agile, scalable, and integrated services.
Now, let’s discuss how to construct an efficient Metaverse-as-a-service platform and make your business a success.
What steps should be taken to create a Metaverse-as-a-Service platform?
Getting your business into the Metaverse is not as complicated as you think. With our experts’ help, it can be done in a few simple steps. Here are some key factors to consider when building an ideal MaaS platform and putting it into action!
In order to create a successful Metaverse-as-a-Service offering, you will have to ensure interoperability between platforms like Xbox, Android, and iOS, across multiple identities and payment methods – similar to what was done in Fortnite.
Establishing the foundations for MaaS must start with this.
AR/VR excellence and model flexibility
It is time to create your asset. AR/VR technologies will be pivotal in developing your asset, whether a game or a virtual office space. Your model should be original, adjustable, and able to change the size to fulfill your customers’ requirements. Note this: They might purchase a MaaS offering from you immediately. Yet if the quality of experience or capability does not meet their requests, they could easily switch over to other companies.
Let’s now look at some factors that can give you an edge over your peers.
Digital footprint expansion
Elevating your presence on the web will be critical for your mobility-as-a-service initiative to be successful. You need to reach the people interested in this topic and provide them with a captivating website and practical access to your virtual reality services.
Combining old-fashioned brand experiences with modern ones is a great way to captivate your audience and open up new and unique sales and revenue opportunities to appeal to clients.
Metappfactory – Metaverse development services will guide you through all the necessary steps and more to help you create your MaaS platform. Our custom-built Metaverse development platform is meant to make it easy for you to harness the potential of this domain for your business.
If you have a good understanding of deploying a Metaverse-as-a-Service platform, you can see the future of business and commerce.