Digital twin deal for Vietnam factories
Japanese technology group Toppan has signed a deal to help develop digital twins of factories in Vietnam.
The deal between Toppan and FPT Group in Vietnam will see the creation and global rollout of new metaverse businesses and the development of global digital twin technology businesses for factories.
There is a growing push for more digital factories in Vietnam to avoid supply chain and trade war issues between the US, EU and China.
The collaboration will fuse the ToppanGroup’s rendering technologies for metaverse spaces and the XR field as well as its communication design know-how with the FPT Group’s system development capabilities and XR solutions to develop metaverse services that will be rolled out in Southeast Asia and global markets.
Toppan has is working with the FPT Group on a concept model for a manufacturing digital twin metaverse, where a digital twin of a Toppan manufacturing site has been created. The model was exhibited earlier this year at FPT Techday 2023 in Hanoi, Vietnam, and the two companies will advance development of the service while conducting testing at the Toppan Group’s manufacturing sites and considering use cases. This could lead to a potential business for digital twin services supporting manufacturing says Toppan.
The FPT Group also includes FPT Japan Holdings, a Japan-based subsidiary of FPT Software, which engages in business in 28 countries and provides solutions to global customers. FPT Japan Holdings drives digital transformation and provides support on a global scale, with a focus on clients in Japan and their overseas branches.
This has included a technology partnership, in which the companies worked together on systems for Toppan’s NAVINECT manufacturing system.
Despite a downturn this year, Toppan expects the Metaverse to be a major part of next-generation information infrastructure. It is anticipated that the market in Japan will be worth approximately one trillion yen in 2026, with the global market reaching 124 trillion yen in 2030.
The companies will collaborate to drive development of new metaverse and digital twin solutions by providing each other with metaverse-related technology licenses. This includes Toppan’s MiraVerseCore, a metaverse solution featuring high-definition 3D simulation, and Metaclone Avatar, which enables people to generate their own avatar from a single photograph. Licenses from the FPT Group will include “akaVerse,” a solution package combining AR, VR, and MR.
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