Page 22 - SAMENA Trends - January-February 2023
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REGIONAL & MEMBERS UPDATES  SAMENA TRENDS

        stc Group to Deploy Cloud Gaming Solution Across MENA


                                                               stc Group will deploy Blacknut’s B2B/B2B2C cloud gaming solution
                                                               across the Middle East and North Africa (MENA) region, following
                                                               its  successful  collaboration  with  cloud  infrastructure provider
                                                               Radian Arc in Bahrain and Saudi Arabia. stc Group said that the
                                                               partnership with Blacknut will allow the company to “bring gaming
                                                               into its entertainment ecosystem in a seamless, personalized and
                                                               secured manner.” For Blacknut, working with stc Group not only
                                                               represents an important expansion in the MENA region, but also
                                                               mean the opportunity to co-develop new gamer-centric and social
                                                               features. “Partnering with such a prestigious company as stc Group
                                                               to develop the MENA Cloud Gaming ecosystem is the logical next
                                                               step in our growth as we see exponential demand in the region,”
                                                               said Olivier Avaro, CEO at Blacknut. “The partnership will allow us
                                                               to leverage stc Group experience and existing user-base, as well
                                                               as to expand our functionalities to offer new exciting ways to play
                                                               and interact together.” The promise of cloud gaming, which refers
                                                               to running a game on a nearby server and streaming it to the player,
                                                               is that it frees the player from the confines of relying on a computer
                                                               or console with powerful, expensive graphics and hardware. This
                                                               promise, though, depends on delivering a console-like experience,
                                                               and therefore, the quality and reliability of a gamer’s connectivity
                                                               is paramount. 5G is expected to offer the required low latency and
                                                               high-speed connectivity, as well as the ability to handle the high
                                                               data demands expected from gaming platform subscribers, that
                                                               this segment needs. According to Fortune Business Insights, the
                                                               global cloud gaming market is projected to grow from $3.24 billion
                                                               in  2022  to  $40.81  billion  by  2029.  The  firm  cites  the  COVID-19
                                                               pandemic as a contributing factor to the higher-than-anticipated
                                                               demand for this service, which it says is present across all regions.


        stc Enables Future Technologies with Global Investments and Partnerships
        at LEAP23


        The  global  technology  conference  "LEAP23"  concluded  its   agreements  included  the  signing of several  partnerships  with
        functions  by  announcing  significant  global  partnerships  and   the government sector, most notably an agreement for strategic
        a  billion  investments  to  support  future  technologies,  digital   cooperation in digital transformation & infrastructure, investment,
        entrepreneurship and technology startups to achieve the Kingdom's   and  development  of wireless  communications with  the  Ministry
        Vision 2030 in diversifying the economy, localizing technology and   of  National  Guard,  and  an  additional  agreement  with  the  Royal
        progressing industries. stc group had the most significant portion   Commission for Al-Ula Governorate to cover Wadi Ashar with 5G
        of the conference, as it concluded its participation in the LEAP 2023   technologies and an agreement with King Abdullah Economic City
        conference by signing more than 40 agreements and showcasing
        several  innovative  services  and  technologies  that  contribute  to
        accelerating  the  digital  transformation  of the  public  and  private
        sectors. During the event, the group presented advanced and secure
        technology  solutions  contributing  to the  digital  empowerment
        of various business sectors. stc announced its cooperation with
        major  global  and  local  companies,  including  Huawei,  Ericsson,
        Samsung, Telefónica, Motorola, Airbus, Go Telecom, Sky Five for
        Air  to  ground  internet  services,  and  Oracle  to  update  database
        technologies and accelerate the cloud transfer operation. Moreover,
        stc signed an agreement with Lucid, the electric car manufacturer,
        to  provide  customer communications  services.  It  also  signed
        a  strategic  partnership  with  Blacknut  to  increase  awareness  of
        cloud gaming  solutions  among individuals  and  businesses. The

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