Cloud games’ ‘moment of truth’ as Google looks to zap rivals

Window on the gaming world: A visitor at a Sony Playstation booth at the Gamescom trade fair in Cologne. (AFP)
Updated 25 August 2019

Cloud games’ ‘moment of truth’ as Google looks to zap rivals

  • Digital giant sets out to convert hardcore gamers and revolutionize $135bn market

COLOGNE: Urging fans to plunge into a virtual high-res surround sound universe of extraordinary games, Google hopes its cloud-based Stadia platform will take the world by storm on its November launch. The US digital behemoth unveiled details of its nascent streaming video platform at this week’s Gamescom trade fair in Cologne in the hope it can gain traction among hardcore gamers to zap past other providers of existing gaming fare. Gamescom, styling itself the biggest event in the European gaming industry, is a sizeable window on the state of play in a mushrooming market worth an estimated $135 billion globally last year, according to analysts, with mobile platforms accounting for about half.
Stadia, details on which first publicly emerged in June at E3, the world’s premier event for computer and video games, offers as its USP the chance for users to play their favourite game on a range of platforms in high-resolution quality on different media from smart TV to console or smart phone.
That presages something of a gaming revolution.
“People have been talking about cloud gaming for 10 years — we are on the third generation of actors. The signals have not yet turned green, but Google has got solid enough guts to try it. We’ve never been so close,” says Laurent Michaud, director of studies at French digital market consultancy Idate.
Gamescom represents a chance for some hands-on experience and the brand’s huge logo, plus its battalion of hostesses on its stand are helping to pull in the curious as they compare relative attractions with rivals led by Sony’s Playstation and Microsoft’s Xbox.
Google CEO Sundar Pichai explained at E3 in Los Angeles the idea is “to build a game platform for everyone” following an initial rollout in 14 countries using a subscription model after an initial bundled hardware purchase. Some games will be free and others will require payment. Even so, the Gamescom evidence after Monday’s opening suggested interest had yet to hit the heights of neighbouring stands Nintendo or Konami — the latter being the developer of Pro Evolution Soccer’s latest gambit PES 2020.
“I find their concept interesting, but I have doubts as to their capacity to guarantee good connectivity,” commented stand visitor Rishil Kuta, 22. The keen console user said that he would nevertheless be “ready to pay” a premium for a “stable” product.


Gamescom is Europe’s largest gaming fair

Not sharing that opinion was Steven Mertes, 28, who said he did not see himself as ready to log off from his PC or close his console “which propose games of much better quality.”
“I have always been used to playing on a computer — it’s much more comfortable,” he said.
Whichever way the cloud gaming cards fall, the race is on to hook players, especially the hardcore ones, for next-generation gameplay.
“The most difficult gamers to convince will be the ‘hardcore gamers.’ They may not be as numerous as occasional players, but they are the ones who count. If they don’t go to a platform things could be difficult,” said Michaud.
The hardcore brigade tend to be willing to pay out for the rig and content they want, but are often highly attached to their favoured support environment, be it console or PC-based.
Beyond the task of converting gamers to Stadia, Google must address various technical obstacles that go with the territory of developing cloud gaming.
Although Stadia is promising 4K high resolution at 60 frames per second for minimal time lag, it remains to be seen how the platform can persuade players who may not have suitably adapted screens along with fibre optic broadband or 4G connections to subscribe.
“We have a small doubt on the development of cloud gaming,” said Wandrille Pruvot, CEO of Xtra Life, a cloud-based apps manager for Apple.
“The challenge will notably be technical as the better the resolution, the greater the need for a quality Internet network.

WEEKLY ENERGY RECAP: Calm after the storm

Updated 3 min 33 sec ago

WEEKLY ENERGY RECAP: Calm after the storm

  • The rebound came as countries began to reopen after coronavirus lockdowns

Crude oil prices capped a fifth week of gains without the volatility that characterized much of April when prices plummeted.

Brent crude rose to $35.33 per barrel as WTI advanced to $35.49. 

The spread between Brent and WTI has also been narrowing over the last three weeks, closing last week at $1.87 per barrel. But this week closed at nearly parity.

This may point to speculators overextending in WTI Nymex futures.

While WTI crude registered its highest ever month-to-month movement, it remains about 94 percent below its level at the start of the year. And the current price is still not high enough to encourage upstream capital spending that would help to lift production.

OPEC+ producers gave the market a confidence boost by following through on commitments to crude oil output supplies cuts.

US-China trade tensions, while certainly back in full swing, did not significantly affect price movements over the week.

The average Brent price rose to $28 per barrel in May from $18 per barrel in so-called “Black April,” which was the strongest monthly gain in prices in 21 years.

The rebound came as countries started to reopen after coronavirus-related lockdowns. 

However, prices are moving in a narrow range consistent with the gradual pace of the global recovery. This is what the oil market needs.

The US Energy Information Administration reported a huge jump in the weekly crude oil inventory by 8 million barrels, which is the largest inventory build in four weeks. That brought the overall inventory up to to 535 million barrels, which while significant, did not affect oil prices.

Baker Hughes reported the ninth consecutive week for oil and gas rig declines in the US. They fell to to 301 —  683 lower than this time last year.