{"id":689727,"date":"2022-09-28T09:05:31","date_gmt":"2022-09-28T13:05:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/latin-american-business-professionals-are-ready-for-the-metaverse\/"},"modified":"2022-09-28T09:05:31","modified_gmt":"2022-09-28T13:05:31","slug":"latin-american-business-professionals-are-ready-for-the-metaverse","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/latin-american-business-professionals-are-ready-for-the-metaverse\/","title":{"rendered":"Latin American Business Professionals Are Ready for the Metaverse"},"content":{"rendered":"

<\/p>\n

Latin American Business Professionals Are Ready for the Metaverse<\/b><\/p>\n

90% of business professionals from Brazil, Colombia and Mexico would rather participate in meetings in the metaverse versus current video conferencing tools<\/i><\/p>\n

HANOVER, Md.–(BUSINESS WIRE<\/a>)–
\nWorkers in Latin America are ready to collaborate in the virtual world, according to a new study commissioned by Ciena<\/a> (NYSE: CIEN). The survey found that 59% of respondents across Mexico, Colombia and Brazil would consider working from a virtual platform such as the metaverse, and more than 50% believe that it is easier to collaborate on virtual platforms versus in person.\n<\/p>\n

\nOther reasons for embracing virtual work settings vary per country. In Mexico, an important benefit business professionals see from virtual meetings is fewer distractions or opportunities for chatter (46%). For respondents in Colombia (53%) and Brazil (59%), affordability is one of the most important advantages of virtual meetings.\n<\/p>\n

\nAdditionally, 81% of respondents in Latin America can imagine their workplace introducing virtual reality tools, such as AR and VR glasses, into their work processes. And 9 out of 10 professionals in the region said they would feel comfortable conducting formal work meetings, such as for HR, in a virtual reality environment. At a country level, this was 91% in Colombia and 92% in both Mexico and Brazil.\n<\/p>\n

\nThe survey reveals a high interest in users wanting to interact within the metaverse, not only for work, but also for education, socialization and gaming. In Colombia, 63% of respondents would use virtual platforms for learning\/education; while in Mexico, 60% say they would use the technology for socializing, and 69% of Brazil\u2019s respondents would use it for online gaming.\n<\/p>\n

\nDespite organizations’ growing desire to utilize enhanced reality tools, globally, network reliability is a top concern, which was also reflected in Mexico\u2019s (43%) and Brazil\u2019s responses (42%). Colombia survey respondents (45%) felt that workplaces may not know how to properly utilize virtual reality. Other concerns among survey respondents include costs associated with virtual platforms and the belief that the technology is not readily available.\n<\/p>\n

\nFurthermore, over 40% of the respondents in Latin America agree that in the next two years their workplaces will move away from the traditional\/static collaboration environment to a more immersive\/virtual setting. Globally, 34% of respondents agreed.\n<\/p>\n

\nWhen it comes to creating an identity in the virtual world, 49% of Latin American business professionals would choose an avatar that reflects their real-world selves, 21% would choose an idealistic version and 14% would take on a different image depending on the setting and the purpose of the meeting.\n<\/p>\n

\n\u201cOur study found that Latin American business professionals see potential in utilizing more immersive and virtual platforms for work,\u201d said Fabio Medina, Vice President and General Manager Ciena in Latin America. \u201cAlthough the reliability of the network is a concern, service providers are taking steps to create more robust, reliable and adaptive networks able to handle the low latency and high-bandwidth requirements of these virtual spaces.\u201d\n<\/p>\n

Notes to Editors<\/strong><\/p>\n

\nThe research surveyed a total of 15,000 business professionals, including 1,000 professionals within each of the following countries\/regions: UK, Germany, Norway, Middle East, Australia, Denmark, Japan, Colombia, India, U.S., Philippines, Mexico, Brazil, Indonesia and Singapore. The study was conducted by Censuswide on behalf of Ciena in June 2022.\n<\/p>\n

About Ciena<\/strong><\/p>\n

\nCiena (NYSE: CIEN) is a networking systems, services and software company. We provide solutions that help our customers create the Adaptive NetworkTM<\/sup> in response to the constantly changing demands of their end-users. By delivering best-in-class networking technology through high-touch consultative relationships, we build the world\u2019s most agile networks with automation, openness and scale. For updates on Ciena, follow us on Twitter @Ciena<\/a>, LinkedIn<\/a>, the Ciena Insights blog<\/a>, or visit www.ciena.com<\/a>.\n<\/p>\n

Note to Ciena Investors<\/strong><\/p>\n

\nYou are encouraged to review the Investors section<\/a> of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “would” or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220928005224\/en\/<\/a><\/span><\/p>\n

Press<\/b>:
\n
Marina Prontelli
\n
Ciena Corporation
\n
+1 (410) 694-5741
\n
pr@ciena.com<\/a><\/p>\n

Investors<\/b>:
\n
Gregg Lampf
\n
Ciena Corporation
\n
+1 (410) 694-5700
\n
ir@ciena.com<\/a><\/p>\n

KEYWORDS:<\/b> Maryland Mexico United States South America Central America North America Colombia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Networks Internet Metaverse Technology Software<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Latin American Business Professionals Are Ready for the Metaverse 90% of business professionals from Brazil, Colombia and Mexico would rather participate in meetings in the metaverse versus current video conferencing tools HANOVER, Md.–(BUSINESS WIRE)– Workers in Latin America are ready to collaborate in the virtual world, according to a new study commissioned by Ciena (NYSE: CIEN). The survey found that 59% of respondents across Mexico, Colombia and Brazil would consider working from a virtual platform such as the metaverse, and more than 50% believe that it is easier to collaborate on virtual platforms versus in person. Other reasons for embracing virtual work settings vary per country. In Mexico, an important benefit business professionals see from virtual meetings is fewer distractions … <\/p>\n

Continue reading “Latin American Business Professionals Are Ready for the Metaverse”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-689727","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLatin American Business Professionals Are Ready for the Metaverse - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/latin-american-business-professionals-are-ready-for-the-metaverse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latin American Business Professionals Are Ready for the Metaverse - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Latin American Business Professionals Are Ready for the Metaverse 90% of business professionals from Brazil, Colombia and Mexico would rather participate in meetings in the metaverse versus current video conferencing tools HANOVER, Md.–(BUSINESS WIRE)– Workers in Latin America are ready to collaborate in the virtual world, according to a new study commissioned by Ciena (NYSE: CIEN). 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