Accenture Ventures, the investment arm of the Irish-American professional services company Accenture Plc. (NYSE: ACN) has announced a strategic investment in Forma Vision. Forma Vision is a 3D tech startup that enables the creation of holographic images of people, objects and environments in the metaverse.

The platform’s real-time volumetric streaming service allows people to meet and work in immersive 3D spaces just like in real life. Unlike using 3D avatars people appear as themselves, which makes activities like holding boardroom meetings in the metaverse more formal, authentic and engaging.

In March 2022, Accenture launched the “Metaverse Continuum” platform, its flagship metaverse product created to onboard brands into the 3D virtual world. This was not the company’s first foray into the metaverse, having already launched its own metaverse-based professional hub dubbed “The Nth Floor”, which enables its staff to meet, interact and conduct orientation for new hires. This strategic investment allows Accenture to accelerate its metaverse campaign by enabling it to easily teleport real-life conversations and meetings into the metaverse.

Accenture seems to be ahead of the curve in that race given its activity in the metaverse over the past 10 months. In its own report, also published in 2023, Accenture expects the metaverse to hit a valuation of $1 trillion by 2025.