Subject Code: | DATA4600 | ||
Subject Name: | Business Analytics Project Management | ||
Assessment Title: | Case Study Analysis | ||
Assessment Type: | Written assessment | ||
Word Count: | 1300 | Words | (+/-10%) |
Weighting: | 30 % | ||
Total Marks: | 30 |
Assessment Description
Definition: Metaverse
A metaverse is a digital shared universe (virtual world) such that we can take on other identities or personalities, play, learn, socialise or work collaboratively with others.
Business case study:
The metaverse will revolutionise the way real-estate operates. Not only changing the way real land and property is bought and sold, but also what is sold. It is now possible to buy and sell land in the metaverse, i.e. virtual land.
Regarding both real and virtual land, you are now able to see inside houses and view land virtually from your own house. Immersive 3-dimensional real-estate tours allow you to make sense of complicated floor plans and check out interesting features of properties for sale.
Adapting this to your local area
Imagine that you have been asked to lead the following feasibility project. A small team of analytics specialists are to collaborate with their local real-estate firms and virtual property firms to see if it is possible to make these opportunities available to persons living in your region.
The main aims of the project are A) to determine if there is demand for the 3-D tours of real land and property, and B) if there is a demand for virtual land. Part of this may involve determining if people are able to afford or get access to the augmented reality glasses (headsets) required for the tours or if the real-estate agents could supply them.
Case study Instructions
For the solution, connect with online professionals.