Tech
E3 2023 Officially dead!
Published
2 years agoon
The gaming industry has changed, and it doesn’t need E3 anymore.
By Md Mojahidul Islam
E3 2023 is cancelled, and the gaming industry is mourning. Like my colleague Ash Parrish, I’ve always wanted to go, but don’t think I’ll ever get the chance; the industry has changed enough that it’s probably not coming back.
Even E3’s organizers don’t seem optimistic. The Entertainment Software Association’s (ESA) president and CEO completely dodged when GamesIndustry.biz asked if the event would return in 2024.
“We’re committed to providing an industry platform for marketing and convening but we want to make sure we find that right balance that meets the needs of the industry,” Stanley Pierre-Louis told the publication. “We’re certainly going to be listening and ensuring whatever we want to offer meets those needs and at that time, we will have more news to share.” Compare to 2022, when the organizers were already talking about 2023 when they cancelled that year’s show.
A press release from event organizer ReedPop did give a tiny ray of hope, saying that it and the ESA would “continue to work together on future E3 events.” But I just don’t believe that future E3 events will happen at all.
The pandemic proved that gaming could survive without E3. The last year E3 took place in person was in 2019; the event was cancelled in 2020, held as a digital show in 2021, and bounced from in person to online-only and finally to fully cancelled last year in 2022. Yet even without E3 as an anchor, developers and publishers have found ways to make a splash that don’t include the investment required for a big booth on the expo show floor.
And when the pandemic arrived, the industry already had a playbook to follow — a playbook written by Nintendo. Since 2011, the company has seen enormous success with its Nintendo Direct video presentations, letting anyone in the world watch big game reveals without attending a physical show.
Since then, nearly every major gaming company has adopted the format to create newsworthy moments of their own, and they’re pre-recorded ones that can’t break down on stage or might embarrass in front of a live audience. The videos can be published whenever suits the company instead of cramming them all into June, letting them create their own news cycles about upcoming games without having to share a spotlight with anyone else. Then, they can send journalists software over the internet, no need to wait for a locked-down demo console.
The pandemic also proved that companies can launch entire console generations without significant hands-on opportunities ahead of their debut. Both the PlayStation 5 and Xbox Series X / S were released in November 2020, and while constraints created in part due to the pandemic made them nearly impossible to find for years, these consoles have proven to be hits. Why bother to show new hardware at E3 in the future?
For years, one of the remaining arguments for E3 has been that it’s a place for companies to do business in person, get face-to-face time, and shake hands on stage to promote their brands. But even execs have been forced to figure out how to do those things remotely during the pandemic, and may not need it anymore.
The big console makers have generally moved away from E3 as of late, anyway. PlayStation skipped E3 2019 in favor of hosting its own video presentations at different times throughout the year. Nintendo had already said that it wouldn’t be participating in E3 this year, and while that doesn’t preclude the company from making news in June, it might be content to let The Legend of Zelda: Tears of the Kingdom do the talking. As soon as Nintendo pulled out, I really started to worry that E3 2023 might not happen. But after Microsoft opted out of this year’s show floor in favor of its own showcase in Los Angeles around Starfield, it felt like the writing was on the wall.
And in the absence of E3, Geoff Keighley has stepped in to fill the void. He launched his first all-digital Summer Game Fest in June 2020, and he’s since hosted one every year as a venue for E3-like gaming bombshells. Sure, some years were better than others, but with E3 now entirely out of the picture for 2023, it seems likely that this year’s Fest will suck up some of what was planned for the convention.
I’m not saying in-person conventions are dead. E3 actually hasn’t been the biggest video game convention for years — it’s one-sixth the size of Gamescom, held in Germany every year, and other overseas conventions are larger too. Even in the United States, last week’s Game Developers Conference had news and January’s Consumer Electronics Show was surprisingly fun, just to name two recent examples.
E3 just doesn’t seem to fit the needs of the gaming industry anymore — and so the industry has moved on.
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Tech
Rampant Corruption Plagues ICT Sector in 15 years : White Paper
Published
3 weeks agoon
December 3, 2024
Highlights
- ICT sector plagued by corruption
- Hi-Tech parks fail to attract investors
- Lack of transparency in project implementation
- Misuse of funds to benefit preferred vendors
- Calls for robust project evaluations
The White Paper on the State of the Bangladesh Economy, submitted to the Chief Adviser today (1 December), identified the Information and Communication Technology (ICT) sector as one of the most affected by corruption.
“The review of the White Paper puts the banking sector on top of the most corruption-ravaged sectors, followed by physical infrastructure, and energy and power,” it reads.
ICT was also identified as one of the most corruption-affected sectors by its operational and technological novelty, it added.
The White Paper committee’s comment highlights years-long corruption allegations in the key sector the Awami League pledged to improve during the 2008 election for the sake of national progress.
And the story later frustrated the youth and technology experts due to huge waste of taxpayers’ money in improper projects. These lacked transparencies and were alleged to benefit people close to the then regime.
In the one and half decades of Sheikh Hasina’s ruling, the state spent nearly Tk29,000 crore to build “Digital Bangladesh” and later “Smart Bangladesh by 2041.”
Most of the funds were allocated to infrastructure projects, which still require justification from sector experts. For instance, Hi Tech parks outside major cities barely attracted investors.
Government-funded projects aimed at youth ICT training, women empowerment, and local app and game development, costing hundreds of crores of Taka, appear to have primarily benefited officials and their preferred vendors, reveals the gradually unfolding facts.
The interim government in August formed a committee to evaluate the ongoing projects already recommended to downsize them in lots of unjustified cases. It will also dig deeper to find the anomalies in the already finished projects.
In an example of how the government projects were being justified in questioned ways, the white paper mentioned a 2013-18 ICT Division project “Leveraging ICT for Growth, Employment, and Governance Projects” that had a 43% cost increase to Tk774 crore, from its original budget of Tk521.97 crore.
According to the White Paper, the large capacity-building initiative aimed to promote the IT sector and train 30,000 individuals for employment within it. The evaluation report from the Planning Ministry’s Implementation Monitoring and Evaluation Division showed strong satisfaction with the project’s success.
However, it overlooked the contributions of training institutions, colleges, and universities that also played a role in advancing the sector, the White Paper stated.
Additionally, the quality of the evaluation report was inadequate, as it failed to distinguish the marginal impacts of training 30,000 individuals on the entire IT sector.
This analytical weakness in assessing the project’s impacts has contributed to the continuation of various ICT and other projects that lack tangible benefits.
“It highlights the need for more robust evaluations to ensure that future initiatives are grounded in a clear understanding of their actual contributions to the sector,” said the White Paper.
Bangladesh lags behind many comparator countries in a number of technological indexes, despite the digital and smart nation narratives.
Tech
Corruption behind Tk 650bn investment in telecom, ICT sectors
Published
3 weeks agoon
December 3, 2024
ICT Advisor Nahid Islam has said due to ‘irregularities’, Bangladesh has not realised the full benefits of the ‘Digital Bangladesh’ initiative despite a substantial investment of Tk 650 billion in the telecommunications and ICT sectors under the Awami League government.
Speaking at an ADP review meeting at the Posts and Telecommunication Division on Monday, Nahid criticised the execution of numerous costly projects under the ‘Digital Bangladesh’ banner which, according to him, failed to deliver their promised impact.
From fiscal year 2010-11 to 2024-25, the ICT Division implemented projects worth Tk 250 billion, while the Posts and Telecommunications Division accounted for projects totaling Tk 400 billion.
Despite these investments, Bangladesh scored a modest 62 out of 100 in the June 2024 edition of the ICT Development Index by the United Nations International Telecommunication Union, trailing behind nations such as Myanmar, Sri Lanka, the Maldives, Vietnam, and Bhutan.
Highlighting the country’s technological lag, Nahid referenced the May 2024 Ookla Speedtest Global Index, where Bangladesh ranked 109th out of 147 countries in internet speed, below Kenya.
Also, Bangladesh placed 108th in broadband internet performance, with India, Sri Lanka, Bhutan, Rwanda, and Ghana all performing better.
In the realm of artificial intelligence, the IMF’s June 2024 Artificial Intelligence Preparedness Index placed Bangladesh 113th, again behind India, Sri Lanka, Bhutan, Rwanda, and Ghana.
The Digital Quality of Life Index 2023 by cybersecurity firm Surfshark saw Bangladesh drop five notches to 82nd among 121 countries, with internet speed 5 percent below the global average.
Rankings in the Key Government Index, e-security, and internet purchasing capacity were similarly below par.
Nahid also pointed out that Bangladesh lags in freelancing, ranked 29th among the top 30 global destinations, as per an April 2024 report by US-based CEOWORLD magazine, trailing behind India and Pakistan.
These indicators, according to Nahid, reflect not just the failure to enjoy the full benefits of digital initiatives but also suggest pervasive irregularities in the sector.
He criticised the frequent delays and the need for repeated extensions in project timelines, calling for more sensible proposals regarding extensions.
Nahid emphasised that timely and proper project completion could significantly propel the nation’s progress in internet and telecommunication sectors, benefitting all Bangladeshis.
The meeting disclosed that nine projects are currently underway within the four offices of the Posts and Telecommunications Division for the fiscal year 2024-25, involving entities such as Bangladesh Telecommunications Company Limited, or BTCL, Teletalk Bangladesh Limited, the Directorate of Posts, and Bangladesh Submarine Cables PLC.
As of August 2024, national-level project progress for the fiscal year was reported at 1.02 percent, with the Posts and Telecommunications Division achieving a progress rate of 3.84 percent.
Tech
Web Summit to host hundreds of curated community meetups in Lisbon this November
Published
3 months agoon
September 13, 2024
Web Summit has announced today that it will host hundreds of curated community meetups in Lisbon this November, powered by its proprietary software, Summit Engine.
This initiative is part of Web Summit’s renewed mission to foster meaningful connections and communities. By bringing people with similar backgrounds, interests and objectives together in community meetups, Web Summit hopes to make the event feel smaller and more intimate for attendees, as it continues to grow and scale across the world. Hundreds of these community meetups will take place alongside signature challenging discussions on how technology is shaping the world.
So far, this year’s top speakers include Yinon C. (Yinon Costica), co-founder of cybersecurity powerhouse WIZ , which recently made waves by turning down a US$23 billion offer from Google; Julie De Moyer , LVMH ’s recently appointed chief data and AI officer; Lidiane Jones , CEO of popular dating app Bumble Inc. , which harnesses AI to improve matchmaking; Cristiano Anon, CEO of Qualcomm, the company working to create bigger, better, and more affordable AI chips; and Meredith Whittaker, president of encrypted messaging app Signal, which is fighting against government measures to scan citizen’s private messages.
Also taking to the stage will be Alibaba.com president Kuo Zhang ; Škoda Auto CMO Meredith Kelly; Amazon Web Services VP of AI Matt Wood ; Meta’s global head of consumer marketing, Eshan Ponnadurai; Manchester United CEO Omar Berrada, and much more. They will be joined, by world comms@websummit.com leaders and changemakers, including Germany’s Vice Chancellor, Robert Habeck; Portugal’s minister of youth and modernisation, Margarida Balseiro Lopes, and exiled Venezuelan opposition leader Leopoldo López.
Global tech companies, including IBM, Adobe, Intercom, Samsung Next, and Niantic Labs will exhibit on the floor alongside financial giants such as Visa and American Express. Other notable partners include Novo Nordisk, Bosch, EDP, and KPMG.
New for 2024: Hundreds of curated meetings
Of course, Web Summit isn’t just about the speakers – it’s about the connections. That’s why this November, our curated meetups, powered by Summit Engine, will bring together attendees with shared roles or interests in AI, fintech, crypto, food tech, sustainability, and more.
To do this, Web Summit’s data science team uses in-house software to group attendees who have common interests and backgrounds, helping uncover emerging communities. This technology was tested this year at Web Summit Rio in April, and at Collision in Toronto in June. From data scientists in Uruguay and food tech startup founders and investors to public sector AI innovators, Web Summit wants to make sure that the right people find each other at our events. Attendees can use the Web Summit app to easily connect and stay in touch with those they’ve met long after the event ends in November
“This is going to be our biggest but also our smallest event yet … we aim to host thousands of community meetups at the event and across Lisbon in November. We are evolving from being one large event to becoming a collection of a thousand deep, interconnected experiences,“ said Paddy Cosgrave .
“Over the last 15 years, the world has changed in many ways, and we’ve always been committed to adapting and re-evaluating our mission and goals to meet evolving challenges, ideas, and global circumstances. We’re currently in an especially charged moment in time,” Paddy continued.
“We are bigger than ever, but our mission remains the same – connecting the people, companies and ideas that change the word. Ultimately, the best event experience is when you walk away with a stronger network than you came with,” added SVP of product Brian Flanagan .
Just announced
The full list of speakers at Web Summit is being announced today:
● Lidiane Jones, CEO of Bumble
● Anastasis Germanidis , co-founder and CTO of Runway
● Meredith Kelly , CMO of Škoda Auto
● Sarah Myers West , co-executive chair of AI Now Institute
● Patrick Kluivert, former footballer with Barcelona and The Netherlands
● Paula Goldman , chief ethical and humane use officer at Salesforce
● Omar Berrada, CEO of Manchester United
● Hans Niemann , chess grandmaster
● Meredith Whittaker , president of Signal Messenger
● Munya Chawawa, actor and comedian
● Atul Bhardwaj j, chief digital and technical officer at the LEGO Group
● Smita Hashim , chief product officer at Zoom
● Alex Hirschi, founder of Supercar Blondie
New speakers are being added regularly on the Web Summit speaker page
About Web Summit:
Web Summit is a technology events company, bringing together a global community of founders, entrepreneurs, business leaders, and investors to connect and exchange ideas about the technology and trends shaping the world. Web Summit events – including Web Summit in Lisbon, Web Summit Rio in South America, Web Summit Qatar in the Middle East, and RISE in Asia – have gathered nearly one million people since Web Summit’s beginnings as a 150-person conference in Dublin in 2009. Its newest event, Web Summit Vancouver, will launch in May 2025.
Useful Links:
Web Summit website: https://websummit.com/
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Web Summit YouTube: https://www.youtube.com/channel/UCJtkHqH4Qof97TSx7BzE5IQ