Gfinity announces Australian expansion for Elite Series esporting tournament
International esports group Gfinity has announced that it will launch its popular Elite Series in Australia.
Following its successful launch in the UK last month, Gfinity is bringing its flagship esporting tournament to Australia, after partnering up with HT&E.
The newly formed joint venture, called Gfinity Esports Australia, is part of a five-year agreement between the two companies, which provides Gfinity with an annual license fee.
- Super Retail Group merges Amart and Rebel sports brands amid Amazon arrival
- Ten of the best media companies in Australia
- Top 10 Australian entrepreneurs to follow on social media
Esports or electronic sports involves competitive computer gaming which can be staged in front of a live audience and millions more online.
Gfinity’s Elite Series is an esporting tournament whereby professional gamers battle each other to become Elite Series Champions.
The Australian Elite Series will see teams battle it out weekly, with each event broadcast live online and across other TV and media platforms.
In addition to the Elite Series, Gfinity will also launch the Gfinity Challenger Series later this year.
Open to all gamers, the Challenger Series will allow amateur players to compete against each other and earn their place alongside the pro players competing in the Elite Series.
Neville Upton, CEO of Gfinity plc, said: “Gfinity shares a passion for esports with gamers and fans across the world.
“Following the Elite Series’ immense popularity in the UK, we’re excited to bring it to Australia where HT&E’s extensive expertise and knowledge in the Australian market will be invaluable as we aim to build the most engaging and dynamic esports offering in Australia.”
Esports is a growing international market which is predicted to make US$436mn globally in 2016.
Indeed, since the start of the Gfinity Elite Series, the cumulative total of unique viewers for the live stream shows have totalled 2.7mn fans, who between them have streamed over 17 years of video content.
In recent weeks, Gfinity has also announced separate deals with BBC Three, Eleven Sports and BT Sport to provide broadcast rights to their Elite Series.
Ciaran Davis, HT&E CEO & Managing Director, said: “The global esports market has seen substantial growth in recent years, and we’re really excited to be entering this space with an established, world-leading esports company, Gfinity.
Why Alibaba Cloud is doubling down in Southeast Asia
Alibaba has announced expansion of its cloud business within Southeast Asia, with the introduction of a digital upskilling programme for locals alongside acceleration of its data centre openings.
This doubling down of its cloud business in Southeast Asia comes as the company faces stiff competition at home in China from rivals including Pinduoduo Inc and Tencent and seeks to up its game in a region considered to be the fastest-growing in cloud adoption to compete with leading global cloud providers AWS, Google and Microsoft.
Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba and second biggest revenue driver after its core e-commerce business, finally turned profitable for the first time in the December 2020 following 11 years of operation, thanks largely to the pandemic which has spurred businesses and consumers to get online.
Southeast Asia growing demand for cloud
In 2020, there was a noticeable increase in interest towards cloud in SE Asia, with the population embracing digital transformation during the pandemic and SMEs across the region showing increased demand for cloud computing.
Such demand has led to the expectation that Southeast Asia is now the fastest-growing adopter of cloud computing with the cloud market expected to reach US$40.32bn in Southeast Asia by 2025 according to IDC.
And there are plenty of players vying for a slice of the cloud pie. While AWS, the cloud arm of Amazon, is the leading player in Southeast Asia (and across all of APAC apart from China), Microsoft and Google are the next two most dominant players in Southeast Asia with Alibaba coming in fourth.
“There is no doubt that during the past year we have seen the acceleration of digital transformation efforts across all industries,” explains Ahmed Mazhari, President, Microsoft Asia. “Asia now accounts for 60% of the world’s growth and is leading the global recovery with the digitalization of business models and economies. Cloud will continue to be a core foundation empowering the realization of Asia’s ambitions, enabling co-innovation across industries, government and community, to drive inclusive societal progress.”
Alibaba’s commitment to Southeast Asia
At its annual Alibaba Cloud Summit, the Chinese company announced Project AsiaForward, an initiative designed to upskill local developers, small-to-medium-sized companies and connect businesses with venture capital. Alibaba said it would set aside US$1bn over the next three years to develop digital skills in the region, with the aim of helping to develop 100,000 developers and to help grow 100,000 tech startups.
But that’s not all. The company, which recently opened its third data centre in Indonesia, serving customers with offerings across database, security, network, machine learning and data analytics services, also announced it would unveil its first data centre in the Philippines by the end of 2021.
Furthermore, that it would establish its first international innovation centre, located in Malaysia, offering a one-stop shop platform for Malaysian SMEs, startups and developers to innovate in emerging technologies.
“We are seeing a strong demand for cloud-native technologies in emerging verticals across the region, from e-commerce and logistics platforms to FinTech and online entertainment. As the leading cloud service provider and trusted partner in APAC, we are committed to bettering the region’s cloud ecosystem and enhancing its digital infrastructure,” says Jeff Zhang, President, Alibaba Cloud Intelligence.
What other cloud providers are pledging in the region
This pledge by Alibaba to upskill both individuals and businesses follows Microsoft’s announcement in April that it was planning to upskill Malaysia’s population and would invest US$1bn over the next five years to build a new data centre centre in Malaysia.
This is the latest in a long line of pledges to the region by the US tech giant, which is fast accelerating the growth of its cloud datacenter footprint in Asia, expanding form seven 11 markets, and recently adding three new markets across Asia – Malaysia, Indonesia and Taiwan. Back in February, it announced plans to establish its first datacenter region in Indonesia and to skill an additional 3 million Indonesians to achieve its goal of empowering over 24 million Indonesians by the end of 2021.
And recent research by IDC shows that Microsoft’s most recent datacenter expansions in Malaysia, Indonesia and Taiwan alone are set to generate more than US$21bn in new revenues and will create 100,000 new jobs in the next four years.
Also last month, Tencent announced it has launched internet data centres in Bangkok, Hong Kong, Tokyo to add to its second availability zone opened in Korea last year and plans to add an internet data center in Indonesia, and Google has also been pushing into the enterprise space in Southeast Asia for several years now.
Expanding data centers allows cloud providers to boost their capacity in certain countries or regions.