Quixant has always been a high value, high technology provider. We offer both AMD and Intel solutions, but as
aforementioned, with the demand for Intel growing, specifically its new integrated
graphics architecture providing a major performance uplift, we have now released a product line focused on Intel.
customers integrating this new generation and are excited to see the products they take to market.
Quixant has been integrating Intel products across your product roadmap. Where along that journey is Quixant and how important is this for the partners you work with?
Quixant has always been a high value, high technology provider. We offer both AMD and Intel solutions, but as aforementioned, with the demand for Intel growing, specifically its new integrated graphics architecture providing a major performance uplift, we have now released a product line focused on Intel.
We continue to support our AMD line of products on the V1000 series, and in addition now offer the Intel line of products on the new 11th and 12th generations, which add more options for our customers to choose from and provides the best value. Te QMAX 3 has been launched with Intel 11th generation, while our IQON 2 leverages Intel 12th generation. We are actively working on our IQ range offering, which will be our high performing cost effective solution which comes in a compact size – stay tuned for information on the launch of this product.
In answer to your question, we’re actively engaged with Intel as strategic partners, and together we plan to design and deliver some of the best products for the gaming industry and provide greater value to our customers.
On the Quixant booth at G2E, I heard the term “focusing on the bread and butter.” What is your bread and butter and why was there so much emphasis on it at this year's event?
Quixant takes great pride in being the best value technology provider and partner for our customers in the gaming industry. What we saw at G2E was tier one manufacturers focusing on the core product, their hardware, which is the aspect of the product that attracts players. However, what keeps the player playing is the game. And that's what we have focused upon.
Quixant is a one-stop shop for all gaming requirements focused on hardware and turnkey support. It all starts with Quixant’s orange box, our range of gaming PCs. Tis is our bread and butter. Tis is what powers the end solutions. So as you walk the casino floor, play the myriad of games, it’s this orange box that’s powering the products that casino customers are interacting with. When we talk about our ‘bread and butter’ we are referring to our core products, which is the IQ, IQON, and QMAX range of products, and our strategy with both Intel and AMD is to support this range, which is at the centre of all our solutions.
As our customer pipeline grows and our core product adoption increases, there is more and more demand from our customers for the kind of games they would like to bring to market. Tose games require greater performance, which places emphasis on our core bread and butter product in terms of delivery and support, as this increases the success for our customers entering these markets.
Are there any new markets Quixant is actively targeting and focusing upon into this year and next?
We are seeing a lot of interest and growth from customers in LatAm and European markets. Like most, we are carefully
At G2E, the conversation was dominated by US markets moving into a soft slowdown. We heard that players are spending a little less in traditional venue-based
markets, but that's the reason why alternate route markets
have become really appealing to a lot of our customer.
watching the regulatory space in Brazil. Support for our customers in these markets is crucial and so we are working closely with clients in these markets, to make sure that our core products are aligned and configurable for these markets. I also think there are a lot of regulatory changes that are happening, not only within the US, but in markets like Puerto Rico, Mexico and Brazil.
We see a lot of change in European markets too, such as Spain, Finland, and others. Quixant is part of those conversations with our customers, and we see that a number of these markets are going to be the drivers of momentum into 2024.
Abhinay, what are your expectations and predictions for gaming trends into 2024 and beyond?
What we saw at G2E was tier one manufacturers focusing on the core product, their
hardware, which is the aspect of the product that attracts
players. However, what keeps the player playing is the game. And that's what we have focused upon.
Referencing back to the macroeconomic situation in the US, we are seeing demand starting to normalise towards 2024. I do not think we will see the same kind of COVID-influenced demand we saw in previous years, but we are definitely seeing demand from adjacent markets in both LatAm and Europe and expect these to open up by mid to late 2024 and into 2025. At G2E, the conversation was dominated by US markets moving into a soft slowdown. We heard that players are spending a little less in traditional venue- based markets, but that's the reason why alternate route markets have become really appealing to a lot of our customers.
It’s also the reason why several tier ones are now entering redemption markets like Georgia, or looking into HHR markets. So, we expect these alternate markets to start gaining momentum over the course of 2024, and anticipate they will fuel further growth into 2025.
P24 WIRE / PULSE / INSIGHT / REPORTS
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