Coforge announces opening of CoE for metaverse, Web3 innovations in India

Coforge Limited, a digital services and solutions provider, has now announced the opening of its center of excellence (CoE) for Web3 and Metaverse.

Web2 is all about decentralized ownership and control and putting the web in the hands of its users and the community. The metaverse, on the other hand, is a shared digital space that enables users to connect with each other, build economies and interact in a real-time scenario.

Virbela’s Chief Customer Officer, Craig Kaplan, said, "The metaverse is proving to be a transformative technology for modern enterprise companies — helping them build stronger communities and a more vibrant corporate culture across their global organization. Together with Coforge, we’re shaping and evolving the way work will be done for generations to come."

Ronnie Kher, Global Head of Partnerships for Swirlds Labs, which is delivering products and services for the benefit of the Hedera ecosystem, said, "Coforge is uniquely positioned to leverage their consulting, digital engineering and technology skills to help enterprises realize the transformative power of the Metaverse. As a strategic Swirlds Labs Partner, we are excited to see how the Coforge Center of Excellence grows as part of the growing digital assets ecosystem being built on the Hedera network".

The new facility at the Greater Noida Campus will promote inter-disciplinary research and identify several use cases using the metaverse and its intersection with digital technologies, which include smart contracts, blockchain, machine learning, artificial intelligence, analytics, data and cognitive and integration with other enterprise systems.

The company also revealed that it plans to train and upskill around 1000 employees to deliver on the metaverse and Web3 requirements of its customers. The company, as of now, has a presence in 21 countries with 25 delivery centers across nine continents.

The company is looking to engage with the metaverse, Web3 and related latest technologies to tap the countless opportunities for innovation they offer in our core verticals of insurance, banking and travel and hospitality and in new verticals like healthcare, retail, public sector, and manufacturing.

Leveraging Microsoft technologies, Coforge aims to deepen its mixed reality offerings, the company said. It has already partnered with the companies such as Virbela, a virtual collaboration platform and distributed ledger platforms, R3 and Hedera for their metaverse and Web3 offerings and has more partnerships in the pipeline.