Esports

Tell us about yourself 

I am Consul Major Grace Tolentino, Chairman and CEO of Boracay Beach Inc. and President of Akamai Holdings Inc. I’m in entrepreneurship, focusing in investments and finance. I’m based in the Philippines but I often travel throughout Asia.

I love building fruitful relationships with investors and clients. I value trust, transparency and consistency when I work with people. I constantly drive for efficiency in my organizations because I’m passionate about progress and results. I have managed to embrace who I am and see my worth. In life, we can impact more lives and make a difference every single day.

I am a Consul General and Chancellor General, United Nation

Intergovernmental Organization, Major and Chief Inspector of UN Police Intergovernmental Organization, Peace Mediator and Chancellor General, International Special Court of Arbitration and Human Rights, Major and Chief Inspector Philippines command, Member, Council of Europe; a Major and Superintendent for Women and Youth Welfare, ASEAN Command, US Federal Police Chaplain International. President, Philippines- India Business Council, Global Chamber of Commerce. Chairman of Finance of Grandeur Message for People Inc., Consultant for Investment and Tourism Royal House of Baloi- Federation of Royal and Noble House Philippines and ASEAN Royal, Senator of World Business Angels Investment Forum, Vice President Economic Relations Management of Apila Ng Bayan Inc. Chairman of Esports and Digital Sports Tourism Commission, Esports World Federation.

Knowing that we are at our best, we get to inspire others to be better everyday.

How many hours a day do you work on average?

I work around 80 hours a week to maintain the business and grow it rapidly.
3. Can you describe/outline your typical day?

I prefer to start my day with coffee, a nutritious meal, and supplements. I start work by responding to emails and messages. This usually takes up my mornings. My lunch is usually light and I take walks to clear my mind and improve my focus. I sometimes take meetings in the morning but usually schedule those in the afternoon.

Before the day ends, I make it a priority to do a daily round up with my team to track progress and updates. Its about making a positive and lasting impact on people’s lives and inspiring them to be best that they can be.

How has being an entrepreneur affected your family life?

I’m still single and I come from a close-knit family. I was actually able to get my family involved in what I do early on. In that sense, being an entrepreneur allows me to manage my time and take responsibility.

You are the only one who can use your ability. It is an awesome responsibility. It’s in your hands. Of all the gifts our Creator give us, surely the gift of choosing the way we are is one of the greatest.

What motivates you?

The lifestyle itself is my motivation. I like completing projects that make an impact. I’m passionate about my work, my team, and our partners. I enjoy the fact that I don’t work a 9 to 5. Though I work longer hours, I enjoy the flexibility and the freedom.

Committed people have goals. Any of us have are ordinary days and ordinary work but we have a choice about how we will do that work excellently. Private practice enhances public performance. Be prepared for change. Invest in yourself. Protect your passion points. You can succeed best and quickest if you help others succeed.

How do you generate new ideas?
I take inspiration from everyone I meet. I believe all people can share new ideas with you. I stay open minded when considering options and opportunities.

This mindset has opened many doors that resulted in successful ventures.
Pay attention to the things you can control, which areas you can influence. When you achieve the sense of balance, your platform will become more effective and influential.

What is your greatest fear, and how do you manage fear?

Be fearless. Nurture your ecosystem to influence your circles of concern. Concentrate on building quality over quantity. Always be prepared. Regardless of age, regardless of position, regardless of business we happen to be in, all of us need to understand the importance of branding. We are CEO’s of our own companies.

How did you come up with the name for your company?

I started in the tourism industry, promoting the island of Boracay. The island itself is already known worldwide and I really love the island. Since my professional identity was already associated with it, I decided to incorporate it as my brand for lifestyle and business.

I simply express my passion and share the reasons why you are who you are and what you do, this clearly make a difference.

How did you raise funding for your venture?

We grew overtime with each successful project. We sold products and services to our customers and slowly built up our capital. As we moved to investments and other ventures, capitals rapidly grow continuously. We continuously develop strategies to grow our market share.

Everyone has story to share. Develop a diverse network and build relationships. Actively seek out information. We focused on growth. We cannot become who we are and what we want to be by remaining what we are. We evolve, we innovate and adjust along the way.

How do you build a successful customer base?

We offer a good value proposition. As I mentioned, being open-minded is important and this allows us to cater and serve the needs of a broad range of possible investors and clients.

We put great effort in maintaining relationships and open communication with everyone even if were not actively working on a project. We enjoy the process. We do platform leverage is the development of our skill sets, competencies, ad experiences.

How does someone get you excited and willing to commit?

Anyone who is passionate about a venture or project also gets me excited. As an entrepreneur, I only commit my team once we have done our homework on the project viability and return on investments.

I have been impressed with the urgency of doing. Knowing is not enough; we must apply. The doers are enough and I love every time I see them.

As a serial entrepreneur, how do you see the market is growing in your country?

The Philippine government is promoting a “Build, Build, and Build” program and the country is known as an Asian Rising Tiger economy.

The Filipino workforce is much more resilient than most. Growth never really stopped. We just had setbacks because of the pandemic. Opportunities are up for the taking in real estate, financial services, and information technology. An investor only needs the right idea and the right people to become a strong global player starting from the Philippines.

How do you advertise your product/service?

With the global movement towards virtualization, adjusting our workflow has become more important. We were able to do this because of our team’s versatility. This allows us to not just continue, but to thrive in the changing times. We are now concentrating on virtual platforms to promote our brand. Adaptation of technology plays an important role in innovation.

We also get contacts through introductions. Many of our clients and investors promote our brand because of our good standing. We have built strong relationships with a lot of high quality investors and have a strong portfolio of successful projects and ventures to prove our capacity.

To what do you attribute your success?
Building our reputation and consistency is key. We value strong partnerships and relationships. We also strive for continuous improvement and innovation to stay ahead. It’s not enough to go with trends, but rather create the trends that others follow. Despite the changes, we maintain true to our vision; to be progressive and adapt to new ways of doing business.

Success on our own terms. Fire up your passion, ignite your career and create an interesting life.

What was the reason to start your company?

I simply enjoy what I do. I started the company in order to promote the products and services I learned from resources I gathered over the years.
Becoming a Chairman and CEO meant that I would be able to help even more people as I had a real desire to be better than I was yesterday. I make sure my life is my choice. I work full day and I have a long night and I am ready for more the very next morning. I make sure I craft opportunities in every given situation. This allowed me to develop my goals.

What do you look for in an employee? The most important thing to us is that they fit into our corporate culture!

I always look for a person who has a combination of competence and character. Since we are on the mindset of growth, it is important that this person can create and grow relationships not just with our team but also with clients. This person should also have the ability to quickly learn and adapt to the changing business environment.

What made you choose your current location?

Home is where the heart is and home is where you are strongest. Starting ventures should always be within your circle of competence and resources.
Our focused is in the Philippines at this time as we are very strong in the region and have global investors attracted to our way of doing business and unique value proposition, we make sure every landed transaction benefit the economy of the country and share our success through our corporate social responsibility around the globe.

What kind of Corporation is your business?

The company, Boracay Beach Inc., is strongly positioned in finance, real estate, finance technology, and investments. Years ago we were into travel and tourism.

The brand evolved, we were able to branch out into business centers, developing properties, and real estate investments. We also invest in other lucrative projects.

Akamai Holdings Inc. is a multinational company that is greatly involved in developing properties and have group combined experience in finance, real estate and PPE.

 Do you work locally or internationally?

We have partnerships both domestic and international. We have investment partners and banking partnerships worldwide and our workforce is in Philippines and abroad.

What’s your company’s goals?

We want to be globally recognized as a brand that impacts investments, property developments and financial landscape.

We also want to make sure that our clients and investors are able to achieve their own goals. It’s not just about the company, but about our relationships and partnerships.

What are your responsibilities as the business owner?

I make tough decisions and make sure we are in the right path towards long-term success.

I make sure everyone on the team is not just doing their job but also learning and improving. This is all towards the goal of taking care of our clients and partners as we take care of the company.

Does your company help the community where it is located?

We work with local groups and even the government to make sure that our projects and property development is sustainable. We connect international organizations to our projects to showcase the ease of doing business, ease of finance and ease quality of living.

Have you ever turned down a client?

I exhaust all viable options and resources to make arrangements for every potential client that we encounter.

If you had one piece of advice to someone just starting out, what would it be?

Be true to yourself and play to your strengths. There is no single way to become a success and everyone must find their own path. Learn your own abilities and leverage them.

Technology in the sports industry has become an initial tool to help teams continue to develop and grow. Coaches and players are utilizing the latest technologies to improve their fitness and mental resilience, while the clubs are also investing in new technologies to help improve fan experiences.

Virtual Reality is at the forefront of this tech revolution within the sports industry, with the Oculus Rift VR System leading the way. VR has grown massively within the past year and the sports sphere appears to be fully immersing itself in the world of VR.

Here’s how VR is revolutionising the sports industry today.

HOW VR IS IMPROVING PLAYER PERFORMANCE

VR in sports is becoming a cutting-edge way for teams all over the world to assess and improve player performance. Coaches and players are able to train better by watching and experiencing real-life situations over and over again, improving their tactical awareness and mental resilience.

VINCENT KOMPANY INVESTS IN MANCHESTER-BASED VR TECH BUSINESS

Vincent Kompany has recently invested in Manchester-based startup, Rezzil, a tech company looking to lead the way in VR training and cognitive development. Rezzil are working with elite footballers, at some of the world’s leading football clubs, to help improve their decision-making and match-readiness skills.

Kompany and Rezzil believe their VR tech could help players improve their cognitive abilities when injured, something Kompany himself has struggled with when suffering from a long-term injury.

Experiencing VR gameplay scenarios, using virtual reality sports simulators, could help players to keep their minds sharp when suffering from long-term injuries, as well as helping them prepare for the tactical side of the game upon their return.

IMPROVING FAN EXPERIENCES

VR isn’t just revolutionising the sports industry for players, fans are also experiencing the game like never before.

FANS CAN ATTEND SPORTS MATCHES USING VR
That’s right, clubs are now investing in VR technology to enhance fan experiences and allow them to watch matches, as if they were physically there, using VR technology. A VR headset and app are all you’ll need to be able to experience the action live and in the comfort of your own home.

VR in sports appears to be a great investment for clubs with fans all over the world, allowing those who can’t afford the luxury of attending matches to get a piece of the action. During the International Champions Cup in July 2018, the Manchester United vs FC Barcelona match was live-streamed in VR for fans all over the globe to experience. In the aftermath, the match highlights were also available through NextVR, providing a totally unique experience for football fans.

FANS CAN NOW EXPERIENCE SPORTS FROM THE PLAYER’S PERSPECTIVE

Some progress has been made in terms of fans being able to experience sports from the perspective of their favourite players. Spanish startup, FirstV1sion, have created wearable, body-cam technology that can stream on-field experiences straight to their fans.

This wearable VR technology has already been used in several basketball games, including the Euroleague final, and has even made an appearance in the RFL for a game between Leigh Centurions and Warrington Wolves. It’s anticipated that this kind of body-cam technology will soon become a fan favourite, with more clubs and sports looking to utilise the technology.

WHAT DOES THE FUTURE HOLD FOR VR IN THE SPORTS INDUSTRY?
The future of VR sports looks to be certain. With many technologies still in their early stages, there is plenty of room for VR in sports to reach its full potential. The investment from players like Vincent Kompany will help to further cement this.

Here at the Case Farm, we’re passionate about the future of VR in the sports industry and other sects. That’s why we’ve developed VR cases with waterproof and dustproof properties, so you can be sure your VR equipment is completely protected with a VR case from the Case Farm.

Athlete and team performances:
Combination of biological sciences and technology such as artificial intelligence, machine learning and data analytics can be used to
– Track real-time performance of players
– Generate reports on players performance
– Track body movement, position, speed, etc.
– Track their real-time physical conditions such as heart rate, body temperatures, etc., which along with their medical history records shall provide insights for any required action
– Generate insights on player’s reactions or performances under specific conditions of weather, environment or stages of a game

These insights can be used to enhance the players’ performance, prevent injuries, improve player safety and plan a game strategy; opponent teams can also use these insights to prepare their counter strategy. Real-time data can be collected using sensors in the players’ clothing, sport equipment, etc.

During practice sessions, players can use Virtual Reality and Augmented Reality to practice their moves or drills in a simulated match-like environment. This shall help them for match-practice irrespective of the space, people or weather constraints.

These technologies shall also be helpful for referees to make correct and accurate decisions through enhanced viewing and access to real-time data.
Fan experiences:

Digital technologies can enhance in-stadium as well as out-stadium experiences of fans.

Some of the in-stadium applications are as follows:
– A virtual-reality driven experience, which enable fans to take selfies with their favourite players or face-off them and compete with them in their sport
– A stadium facilities app that enhances in-stadium fan experience such as allotting parking space in real-time, digital tickets, assistance in stadium navigation, regular score updates, order food and beverages to deliver on the seat, update on stadium washroom queues, etc.
– Access to high speed internet in the stadium, which shall enable fans to access social media while watching the match
A few out-stadium applications are as follows:
– Virtual Reality headsets that offer simulated in-stadium live match viewing experience, along with the ability to choose the camera placed at various angle for personalized viewing; it can also offer a 3D viewing experience
– Use of drones for camera angles that were traditionally difficult to access
– Contests for quizzes and predictions at various stages of the game; ability to interact with friends while watching the match; access to behind-the-scenes actions of the fans favourite players or team
– Over-the-top (OTT) service platforms are increasing in popularity as they offer more personal and flexible services to the consumers; they can view the content with smart phones or tablets to watch their favourite sports live any-time any-place, which is a huge change in consumer behavior and consumption pattern compared to traditional television.

These enhanced experiences are likely to increase the engagement of existing fans as well as attract new fans to increase the reach and market of the game and convert the new fans into loyal fans.

Global video games market

In 2019, the global video games market size was estimated ~US$150 billion (compared to global box office market size ~US$43 billion and music industry market size ~US$ 57 billion). During 2019–23, the global video games market is likely to grow at CAGR 8 percent approximately to cross the market size of US$200 billion in 2022.

In 2020, the global video games market size is estimated ~US$159 billion — US$77.2 billion from mobile games with 2.6 billion mobile players; US$45.2 billion from console gaming with 729 million players; and US$36.9 billion from PC games with 1.3 billion players.

Compared to PC and console gaming, mobile gaming is likely to grow the fastest as the price of purchase for mobile phones is lower compared to other gadgets, which enables more people to purchase mobile phones.

Improvement in mobile technology and capabilities along with reduced price of internet connectivity with improved services, improves players’ gaming experiences. Moreover, businesses are moving towards free download of mobile gaming apps with in-app purchases, which people prefer rather than paying for the game upfront before playing experience or engagement.
esports:

esports is an organized competition or a tournament, where professional players and teams compete in multi-player games. Application of digital technologies has lead to the rise of esports market, which is expected to grow at CAGR 12.09 percent to cross USD 1.5 billion by 2023.

During 2019–23, viewership of esports is likely to grow at a CAGR 9.0 percent to reach 646 million by 2023. Esports attracts a loyal consumer base of millennial young males, who are passionate about competing in video games. This consumer base not only likes to play the virtual games but is also passionate and loyal viewer of the professional contests of esports, either in-stadium or out-stadium (through live streaming on their phones or tablets). As contests are beginning to take place regularly in large stadiums having capacity of tens of thousands of viewers, the esports arena is showing the trend of becoming more mainstream (and is no longer a niche for only a handful of players and fans).

Esports allow fans to interact with each other, especially while live straming of contests, which make them feel a part of the larger esport community. Also, through various contests with international participation, it provides them exposure to the international players and teams, who excel in playing a particular game.

With the growth of esport market, even betting industry related to it is likely to grow. In 2019, the betting on esports was estimated about US$ 8.0 billion.

We always have a tendency to get hold of new technology and to know more about new concepts and technological innovations. If you would like a more detailed information on the same and how new technologies are ruling the world you can follow the website deepwebtechknowledge.com for a deeper insight.