KPMG Futures is striving to build a business with a congeries of opportunities by 2025 for themselves with the help of thematic technologies.
KPMG, the Australian establishment of Big Four accountancy cooperative, could soon close millions of dollar proceedings with clients engaged in the metaverse. The company, for quite some time, has been exploring how this trailblazing tech can help revamp its company fundamentals.
Recently, KPMG’s James Mabbott remarked that the firm envisages a lot of potential for innovation in the services that technology provides for businesses as well as consumers.
Mabbott also said that any metaverse virtual interactions have the possibility of revolutionizing client engagement along with opening up additional revenue opportunities for the company.
Recently, KPMG Futures hired Alyse Sue to serve as the team’s new head of metaverse futures, where she will be supported by 90 KPMG futurists. Sue was a senior consultant with the KPMG Innovate group between 2012-2015 before moving into the cryptocurrency world.
The new role comes with a million-dollar goal for the year 2025. To achieve this, KPMG has been working on building a metaverse for the company’s business operations and B2B services. KPMG has also established the KPMG Origins to work on supply chain-focused projects, while simultaneously exploring opportunities on public metaverse platforms.
Mabbott also remarked that many companies like Google Meets and Microsoft Teams had success with their platforms during the pandemic. It is, however, difficult to completely immerse oneself within them, unlike the metaverse platform.
This is, however, not the company’s first step toward exploring the metaverse. Earlier, KPMG invested in Web3’s Fast Forward Accelerator to provide its North America-based employees with education and training in collaboration and educational events.
A report from international consultancy agency McKinsey estimates that the metaverse industry will be worth $5 trillion by 2030. Investment bank Citi goes a bit further, estimating the metaverse economy to be as high as $13 trillion in the same period.
