Epic Games Released its Unreal Engine 5 Tool for Developers to Utilize
Colin Smith — April 6, 2022 — Business
References: unrealengine & venturebeat
Epic Games, the American game developer behind 'Fortnite' and the popular 'Unreal Engine' creation tool, has released 'Unreal Engine 5' for public use. The tool allows developers to create 3D assets, video games, films, and Metaverse-ready applications with a high level of realism. A few months ago, Epic Games released 'The Matrix Awakens,' a short playable experience set in a photorealistic world. The rendered assets in this game were near indistinguishable from real life.
Now, developers outside of Epic Games can use this engine for themselves. For the last ten years, developers have been building games and experiences on Unreal Engine 4, so this new iteration marks the next generation of digital creation. Digital development studios will need to obtain a license from Epic Games to use the engine, but this is undoubtedly worth pursuing based on the quality of the Unreal Engine 5 tech demos.
Image Credit: Epic Games
Now, developers outside of Epic Games can use this engine for themselves. For the last ten years, developers have been building games and experiences on Unreal Engine 4, so this new iteration marks the next generation of digital creation. Digital development studios will need to obtain a license from Epic Games to use the engine, but this is undoubtedly worth pursuing based on the quality of the Unreal Engine 5 tech demos.
Image Credit: Epic Games
Trend Themes
1. 3D Digital Creation - Unreal Engine 5 is making it easier for developers to create 3D assets, video games, films, and Metaverse-ready applications with a high level of realism.
2. Realistic Renderings - The photorealistic rendering capabilities of Unreal Engine 5 opens disruptive innovation opportunities in industries such as architecture, automotive, and film.
3. Interactive Storytelling - The Unreal Engine 5 enables developers to create immersive and interactive experiences, bringing disruptive innovation opportunities to the entertainment industry.
Industry Implications
1. Gaming - The release of Unreal Engine 5 provides game developers with an opportunity to create more realistic and immersive gaming experiences.
2. Architecture - The realistic rendering capabilities of Unreal Engine 5 can benefit the architecture industry by providing more accurate and detailed virtual representations of buildings.
3. Film - The film industry can take advantage of Unreal Engine 5's capabilities to create seamless special effects and photorealistic environments that rival real-life locations.
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