Services, not software, are the future of game enterprise tech

Over the last few years, venture investor interest in the game industry has skyrocketed. The industry is no longer just about video games; as cross-media experiences like Fortnite have shown, game developers are embracing multiple forms of entertainment at once.

Game technologies like the Unreal Engine that power these experiences are supplementing traditional film, television and enterprise production tools, seeing extensive use in high-profile, high-budget shows like Disney’s The Mandalorian.

A common investment thesis among VC and PE funds interested in the space is that there are opportunities for enabling game technologies that resemble other enterprise software solutions, like Autodesk.

However, video games as an industry has not produced a publicly traded tech product whose profit opportunity is seat-based software licensing. Rather, Unity, Epic, and others who provide tools (such as Amazon and Microsoft) have shown that game technology businesses drive  services, platforms, and content which offer the potential

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South Korean telcos see profit jump in 2020 thanks to 5G and remote services

South Korean telcos, SK Telecom and LG Uplus, saw their earnings in 2020 jump significantly thanks to an uptick in 5G subscriptions and higher demand for remote services.

SK Telecom, the country’s largest carrier, said on Wednesday it posted sales of 18.62 trillion won and operating income of 1.35 trillion won for 2020. These were increases of 5% and 21.8%, respectively, from 2019.

Wireless services contributed 1.02 trillion won in operating income, which was an increase of 7.5% from the previous year. The 7.5% improvement was primarily due to the continued growth of its 5G subscriber base, the carrier said.

Meanwhile, media services recorded 230.9 billion won in operating income, a surge of 59.2% from 2019. Its online commerce and security services also saw high sales increases during the year, SK Telecom said.  

In terms of the telco’s user base, SK Telecom said it has amassed 5.48 million 5G users

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Mastering the skills above is simply half of the equation. The best software program builders have sure transferable expertise to complement their technical data. Hold anchor textual content links inside the restrict of sixteen keywords max. Key phrases above the 16-phrase threshold restrict appear to ‘evaporate’ … Read More