Posted on

Move over VR: XR in sports is the future

sports_vr

Being stuck at home for most of the year so far has been challenging, and with a new surge coming we are likely to be self-isolating for a while longer.

Physical activity is crucial during this time if for nothing else than to give us something to do other than sit around and wait for a vaccine.

Work/life balance is crucial right now and any emerging technology that gives people safer options for social and physical interactions is going to become a booming industry.

Social media has been a lifeline for getting people connected to each other for virtual exercise classes, but what if technology could take working out at home to a new level?

Extended reality (XR) is one of the solutions that could get people back to playing real sports again but on a virtual scale. XR includes technologies such as augmented reality and virtual reality, and when applied to play sports it also includes real sports equipment and sensors to simulate real gameplay.

When these technologies are used for sports, people can be safely socially distanced from each other while also experiencing the competition of realistic gameplay.

Networks are used to link players together from different locations, and competition can be achieved through virtual means, complete with leaderboards and tournaments.

Being able to play recreational games is crucial for work/life balance, which is out of balance for everyone right now. We need social interaction to be good at our jobs, and extended reality is one of the emerging technologies that can safely provide that.

Can extended reality help bring people together socially while satisfying their need for competitive sports interactions during the pandemic? This emerging technology is poised to become one of the business opportunities of the future spurred on by the pandemic.

Also Read: (Exclusive) Thailand’s fleet intelligence solutions startup DRVR close to raising US$450K funding

Learn more about the future of virtual sports from the infographic below.

XR Sports Infographic

Infographic source: Sportstacular

Register for our next webinar: Meet the VC: Gobi Partners

Register now: What is corporate venture building and why this is the right time to look at capturing venture opportunities across South-east Asia.

Editor’s note: e27 aims to foster thought leadership by publishing contributions from the community. Become a thought leader in the community and share your opinions or ideas and earn a byline by submitting a post.

Join our e27 Telegram group, or like the e27 Facebook page

Image credit: Martin Sanchez on Unsplash

The post Move over VR: XR in sports is the future appeared first on e27.

Posted on

How startups can benefit from early investment in tech

Today, you may try to ignore new technology in your personal life but that’s not an option in business. If you want your startup to succeed in today’s technology-driven business environment, being luddite isn’t going to help.

Investment in the right technology and its adaption can offer an edge over the other competitors in the industry. Let’s try to understand where to start with technology and how it can benefit startups.

Start with people

When a team works in silos, they may not understand the importance of using a new application that will help the company’s overall business.

However, if the team understands the big picture of the business and its vision for the future, they will easily comprehend and support the invested technological advances.

My advice is to get buy-in from every level. Once you see that the new technology has the potential to save time and drive innovation, next you need is to sell that vision to your team who will use the technology daily.

Lean workforce

Every business has operations that are repetitive and tedium. Adopting technology that can automate certain tasks - such as the influx of support tickets, workflow for escalation process to avoid bottlenecks, invoice processing and payment reminder to your customers; these are just a few examples that can allow your team to do higher-value work that brings more value to the business and also allow an individual to be more engaged in their jobs.

On a fundamental level, automation tools like BPA can equip your staff with the skills and mindset to spot inefficiencies and address them with technological solutions.

Also Read: Top 5 promising media tech startups to look out for in 2020

Your team will be able to process more complex problems quickly and communicate effectively which will allow your team to have the maximum impact on output by applying minimum energy on input.

Use data to drive results

Many of the startups fail because nobody needed the products those startups were offering. Smart startups first scrabble into an in-depth market analysis where they learn about their target audience and pain points.

They create metrics using data and perform extensive research to know if the solution can potentially meet customer needs, startups should create a Minimal Viable Product that captures their idea and bring it into the market as quickly as possible.

That’s how a startup can validate the potential of their project and gain feedback from users to make their products or services even better.

Don’t stop after a rollout. You should try to gain momentum with each implementation instead of letting another solution become stagnant before starting the process over again. Measure user impact metrics, ROI, and other meaningful interactions, and then use that information to make the business offering better with the help of technology.

If we take an example of a game startup company, right after the rollout of a new game. It is critical to know how a player is making progress to the next level which could mean a lot of things such as levelling up, completing quests, completing missions, or completing milestones.

Scaling up

Early investment in tech with a strong vision for the future means you are more likely to make the right decisions for the long term. It will also help to avoid mistakes that limit growth and to eliminate wastage.

Also Read: For COMEUP 2020, the post-pandemic future will be led by startups

Without the right technology to support your startup, you may end up in a situation called premature scaling. Problems start when the owners begin to focus on one area of their operation and advance it without proper synchronization with other parts of their operations.

This is normal because as an Owner you may not be able to keep track of everything unless you have a technology that allows you to see important details in a dashboard for better synchronization and decision making.

Technology can accomplish incredible things, if only it’s implemented in your business to tailor-fit your needs. The latest technology trends can make your job easier and give you an edge in the modern and evolving game in business.

Keep up with what’s hot in your industry and make the effort to integrate the technology that’s the best fit for your business. The tech industry has many exciting prospects to offer for startups with unique business propositions and solid products and services.

Register for upcoming webinar: From zero to 100: How to grow your startup workforce

Register for Meet the VC: Genesis Ventures

Editor’s note: e27 aims to foster thought leadership by publishing contributions from the community. Become a thought leader in the community and share your opinions or ideas and earn a byline by submitting a post.

Join our e27 Telegram group, or like the e27 Facebook page

Image Credit: Slidebean on Unsplash

The post How startups can benefit from early investment in tech appeared first on e27.

Posted on

This gay founder is creating a safe media platform for LGBTQ community in SEA

It is 2020 but the fighting of the LGBTQ community continues the world over.  Take any industry, the community is still grossly underrepresented. Tech industry is no different either; their overall condition is yet to progress into a more inclusive nature.

As our recent oped pointed out, the startup ecosystem — even in places such as Silicon Valley — is yet to achieve LGBTQ inclusion. If this can happen in a country where its previous government had shown support for this community, just imagine the plight of the community in Asia, particularly Southeast Asia, where religions and traditional beliefs are often mixed and sway one’s judgment.

The domino effect

e27 got a chance to talk to Jay Lin, a gay entrepreneur based in Taiwan whose company Portico Media is focussing on LGBTQ-inclusive contents. Lin was one of the headliners of Startup Impact Summit’s “LGBTI – Why it matters for Impact and Sustainability” session.

Lin grew up in Taiwan before moving to the US when he was 10 years old. He then pursued higher education in a law school in the Bay Area, where he realised that storytelling in a media platform is something that is very akin to his inner passion.

“I started Portico Media in 2004, so it’s been around for 15 to 16 years, with the initial core mission to provide more channels to virtual cable operators. To do so, we partnered with big media companies in the US such as NBC Comcast, Viacom and linear TV channels in Taiwan,” Lin recalled.

In 2009, Taiwan was making a transition from analogue to digital. “So starting around 2014, with the company being more financially stable, I decided that I needed to use the influence that I had at that time in the industry to produce and distribute the content that focussed on LGBT programmes. I think there was a big disconnect between what was available then and what was being produced out here in Southeast Asia or Asia. And also in the West,” he said.

And so being in Taiwan, Lin felt like this was something that he could give back to his community first.

“Given that I’m also a part of the LGBTQ community, I can do something about it — but not to an extent where I could jeopardise the financial security of my company. So I started by doing a film festival — a once-a-year event — by bringing in different movies from around the world that I thought were meaningful, impactful or entertaining,” Lin said.

The festivals took off and was distributed in many major cities in the country. Its success motivated Lin to start the first LGBT movie streaming service in Asia, called GagaOOLala, in 2017.

The challenge with Asia

According to Lin, Southeast Asia is one of the most complicated and diverse territories in the world with 12 countries and different languages, historical backgrounds, cultures, religions and different layers of nuances that the company needs to figure out for themselves.

“We also need to account for how all these countries are at different stages of economic development as well as internet stability. We definitely entered from the get-go into one of the most challenging markets in the world. But given that it was so challenging and complicated, the learning curve was definitely very steep. And sooner or later, we found out that there were certain priority markets that we had to focus on,” Lin shared.

Lin added it is now clearer that markets such as the Philippines, Singapore, Malaysia and Thailand are the firm’s key territories. “We don’t need to focus on certain territories where too much advertising or too much buzz can create the opposite effect, attracting too much attention from people who are anti-gay.”

How to become an ally

With ‘Pride Month’, or LGBT History Month, coming to an end in July, we’ve seen many big companies struggling and succeeding in showing what an allyship to LGBTQ community should be like.

“I think we need to start with two layers — one layer is like internal openness to be accepting and embracing people from a different nationality, gender, sexual orientation and religion. I think those kinds of environments are the ones that a startup can thrive in. Because if you are able to create things that are catered to people from different backgrounds and those who have different experiences, they can share with you how to fine-tune or improve like the service or products,” he said.

Lin emphasises that inclusion should be a culture in a tech startup.

“I think in doing so, the employees of that organisation are going to feel vested in the growth of the company and to feel like they are truly a part of the company. And as employees, the sense of belonging will make them work that much harder for the company to succeed,” he said.

“Begin with an open mind and open hearts, because that’s when great ideas, management and leadership can come forth,” he added. “Bear in mind that gay people are or people as well, they’re underrepresented. We have preferences, whereby if you just switch and select the service or part just a little bit, I think you could have a huge impact as a startup.”

Opportunity, not exploitation

As it is still regarded as a highly sensitive matter for some countries in Asia, Southeast Asia in particular, tech startups mostly choose to remain mum on the matter. Next to none of them are participating in any LGBTQ rights campaign, nor are they showing a clear stance from the get-go.

This, to a certain extent, can be seen as a safer move made by most tech startups to avoid ruffling the feathers, especially in countries where there’s no real validation for LGBTQ community’s existence.

On this, Lin shared: “If you genuinely feel like this is something that is underrepresented and underserved and what you offer is ultimately a great service that can enhance the wellness of the LGBT community, I think a lot more products, services and technologies can succeed because right now a lot of people in different parts of the world who are a part of community are still closeted or unwilling to disclose their true identity. But they certainly do have those preferences and they do have those needs.”

Using GagaOOLala as an example, Lin said: “We have been getting subscribers and members from the most intolerant, the most horrific countries in terms of treatment of LGBTQ community. So, it proves that gays are everywhere and also have a need similar to everybody else, which in our case is to consume content that they can thoroughly identify and enjoy.”

A world where having two dads is acceptable

With the media products such as HahaTai, Drama Queen, GagaTai, LalaTai, GagaOOLala, and GOL STUDIOS, it seems like there’s nothing stopping Lin with his mission through Portico Media.

Lin admitted that his fight is not without reason because he is, in fact, is a dad of boys.

“I feel like a sense of responsibility as someone that got them into this world, into a great family, to do all that I can to make sure that I put them in a friendly and loving environment. I hope to embolden them with virtues and strength to fight off all the possible discrimination or the ignorance, as well as potential bullying that they’re going to face in the future. If their daddy can be the great barrier to pave the way for them, maybe with them and also a whole generation of younger LGBTQ, including themselves, can have a better life in the future,” he concluded.

Photo by Joshua Stitt on Unsplash

The post This gay founder is creating a safe media platform for LGBTQ community in SEA appeared first on e27.

Posted on

Charting the rise of hyper casual gaming: An insight into the massive mobile industry

Mobile gaming is emerging as the prime pastime for a record number of consumers. With the onset of social distancing rules, more people than ever are using their downtime to discover new games, or binge on favorites. In a single week in March 2020, users globally downloaded a whopping 1.2 billion mobile games — amounting to the biggest week ever for app installs.

Leading this surge is gaming’s fastest growing category: hyper casual. These bitesize pieces of content have taken the industry by storm, allowing players who might not even identify as gamers to idle away a few minutes here and there. With simplistic yet satisfying mechanics, their accessibility and ease of understanding not only gives them broad appeal but allows developers to make them quickly, see what sticks and then scale the marketing once they’ve found a hit.

But a spike in the market in 1Q 2020 may not be indicative of an industry trend. Hyper casuals had dominated download charts long before COVID-19 (representing 78% of the most downloaded new games of 2019), and the category is poised to grow and evolve, with more titles adopting a ‘hybrid casual’ model.

The rise of hyper casual gaming is broken down in Adjust’s latest report, created in partnership with Unity. The report benchmarks hyper casual performance both pre- and post-install, while also giving marketers new to the genre a primer on what these apps are all about.

Also read: How this entrepreneur is stepping up the game for gaming tech e-commerce

How COVID-19 affected hyper casual gaming apps

The global pandemic has upended societies and economies everywhere, but what has been the impact on hyper casual gaming? Our first look suggests that the COVID-19 has significantly contributed to driving more users to the genre. Cumulative install and session data for six countries from Adjust reveals how stay-at-home orders have increased interest in hyper casuals throughout the pandemic.

For the period December 2019 to March 2020, installs more than doubled (103%) globally and as installs rose, sessions ballooned to match. Compared to December 2019, which had already exceeded one billion sessions, hyper casual sessions increased a further 72% in March. An examination of the ratio of paid vs. organic installs show the opposite dynamic as the number of apps installed from paid advertising declined 26% from 80% in October 2019 to 59% in March 2020. Ironically, organics come out the winner, showing that people stuck at home are more willing to browse and experiment.

The challenge going forward will be sustainability and growth prospects for the hyper casual genre after social distancing eases. Will new users continue to flock toward the genre? And will the broader trend of growing ad inventory be reversed as the overall economy picks up, allowing key metrics and methods to revert back to their pre-crisis mean? Will margins suffer from this drop? Nothing is for certain, but it does appear as though the business model of hyper casuals is here to stay. This will no doubt have implications for mobile marketers from other verticals, as the overall trend toward optimization and automation takes hold.

For more insights into the rise of hyper casual gaming and the effects of COVID-19 on the industry, download Adjust’s hyper casual gaming report 2020 here.

This article is produced by the e27 team, sponsored by Adjust.

We can share your story at e27, too. Engage the Southeast Asian tech ecosystem by bringing your story to the world. Visit us at e27.co/advertise to get started.

The post Charting the rise of hyper casual gaming: An insight into the massive mobile industry appeared first on e27.