Ernst & Young doubles down on the metaverse with Wavespace 

Ernst & Young LLP is bringing Wavespace, one of its lines of products, to the metaverse. EY Wavespace™ is a global network that connects team members together virtually. It was launched in 2017 as a growth accelerator tool that provides multimedia connectivity for businesses.

Both the EY wavespace and the EY metaverse lab will help guide “clients through the multitude of immersive digital experiences that are emerging,” EY said. These will include assisting in projecting new business models, and migrating into the decentralized and Web3 economy.

So far, the EY Wavespace™ services are available at Munich, Bucharest, Milan, Antwerp, Warsaw, Trivandrum, Singapore, Bahamas, Bermuda, Cayman, Rome, Tokyo, Madrid and more.

EY and the metaverse 

Speaking about the development, Jay Nibbe, EY Global Vice Chair shared that businesses that work with the EY metaverse “can now test the art of the possible and tap into the unlimited potential” of the virtual world.

Furthermore, the announcement reads that the EY metaverse labs team are stretching into 3D design, web animation, game development, art direction, human experience design, artificial intelligence (AI), internet of things (IoT), augmented reality (AR), virtual reality (VR), mixed reality (MR) and digital twin robotics to meet demands in the market. They want to help bring these Utilities to businesses around the world.

“The EY teams are working with businesses to scale possibilities at speed, push the boundaries of experimentation, and innovate business environments,” Edwina Fitzmaurice, EY Global Chief Customer Success Officer said. “The metaverse is about creativity and opportunity, not certainty.”

Recently, EY, with more than 300,000 employees in 150 countries, entered a partnership with the Norwegian government to build a tax virtual office in Decentraland.

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