Source: Yahoo finance news
Game Power 7 was recently recognised with the Frost & Sullivan 2015 Visionary Innovation Leadership Award for Digital Game Publishing in the Middle East (ME), at the annual Growth, Innovation and Leadership (GIL) 2015: Middle East held in Dubai last month. Game Power 7 has reinvented the gaming landscape in the MENA by developing and publishing the MMO (Massively Multiplayer Online) and the MMO role-playing games (MMORPG) technology, which remoulds the key attributes of games including the storyline, concepts, characters, traditions, etc. to suit cultural sensibilities of approximately 70 Million online gaming enthusiasts.
Mr. Fadi Mujahid, CEO, Game Power 7, said, "The essence of game 'culturalization' aids to connect with the Arabic youth directly and, thereby, facilitates profound engagement with them. We emphasise on player satisfaction and customer loyalty as the two fundamental pillars for success of the company in the online gaming arena in the coming years."
From designing the wardrobe to modifying characters, Game Power 7 ensures that players get a feeling of being at home rather than experiencing alienation due to influence of other cultures in the virtual world. This has led to the company witnessing an exponential growth in the number of online Arabic gamers connecting to experience the unique and innovative games developed by Game Power 7. Looking at the popularity of the mobile gaming segment, and backed by an e-payment network that covers more than 19 countries the company is coming up with free mobile games on both Android and iOS platforms in Arabic language. With over one million registered gamers, Game Power 7 believes that the market potential exceeds 25 million gamers with estimated revenue of USD 500 Million Dollars annually. The company has achieved a seven digits total profit during the past five years while maintaining an annual profit growth of 10 per cent.
"It takes a spirited initiative and relentless efforts to offer gamers something new and original from time to time. GamePower7 has been doing exactly that since 2007 by being the first Arab gaming company to develop and publish online Massively Multiplayer Online (MMO) Games, MMO Role Playing Games (MMORPG) and also launch online game 'culturalization'. The Arabic online gaming market is witnessing an exponential growth and being the pioneers in online Arabic gaming gives GamePower7 a strong advantage over its competitors," said Satyajit Lele, Research Analyst, Best Practices Team, Frost & Sullivan.
Frost & Sullivan's Best Practices Awards recognises companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices.