Connect with us
European Gaming Congress Milan
SIS

Industry News

Hyperion: Unlocking the brightest minds in IT to offer infinite scalability

George Miller

Published

on

Hyperion: Unlocking the brightest minds in IT to offer infinite scalability
Stav Zilbershtein, CEO and founder, Hyperion
Reading Time: 3 minutes

 

Exploring teamwork, transparency and talent, CEO and founder Stav Zilbershtein outlines how Hyperion has cultivated a climate of creativity to bring together some of tech’s brightest minds on a mission to disrupt the IT outsourcing market.

iGaming is a sector shaped by ideas, with your team of 100 (and growing) do you subscribe to the ‘many minds make light work’ adage, and can you describe an instance where your team-led approach has resulted in ‘pure alchemy’?
Alchemy is a process of melting minds together. On both sides of the project we find that a breakthrough in the creative process stems directly out of open communication between the development team and their product owner at the client end. The more you allow a culture of open feedback where developers and team members alike can contribute to the discussion the more creative solutions arise. No matter how talented a product owner can be – a group of minds will always generate new ideas better than one bright mind. We encourage this kind of communication and work dynamics between our teams and the clients and I think that is what makes innovation possible.

Transparency is a key part of your business, from the open hierarchy in-house to clear communication with clients, how is this helping to bridge the gap between notoriously inaccessible segments of the market like blockchain, cryptocurrency?
At the end of day, from my observations, projects don’t fail on the capacity of its members to execute (even though it is so in some cases), but in the majority of cases projects fail because of communication issues. The more layers you have between you and the execution layer the more likely that your project is going to fail. A team of amazing architects can fail miserably by red tape and complex approval processes on a clients’ end. We believe that by bringing all layers of the projects together and running retrospective calls where we raise issues on both sides and then work together to solve them and improve the full spectrum of performance is a key factor for success.

With technology-led roles, do you feel there’s more focus on salary and career paths or are people more excited by the challenge of working on innovative projects?
People wake up in the morning and go to work to feel purposeful. This has always been the case throughout history. Getting paid the right salary takes your mind off worrying about your financial stability but it cannot generate happiness and real creativity. People are looking to feel a part of something bigger, they want a sense of purpose and they want to know that they are being appreciated and that their voice is heard in their working environments. In IT, engineers always want to express their creativity and contribute to the ongoing process of optimizing and improving a product experience. When you give them the right conditions they will bloom and the results will exceed your expectations.

In relation to this, do you feel the iGaming sector is providing more unique, inspiring projects and why is this?
With the US markets reopening I think we are entering a decade where we will see booming innovation. Old legacy systems are constantly in the process of being replaced by newer more flexible solutions that are also much more integration friendly. This leads to a stream of new companies and solutions that we will keep on seeing in the industry and with them the rise for talented engineers that can contribute in driving the wheels of innovation forward will always come short in comparison to the amount of ideas that this market will strive to manifest in the near future.

Ahead of 2019, recruiters are saying that demand for tech talent is outstripping supply across fintech, gaming, etc. How does your disruptive, teamled approach combat this?
That is totally true. I believe that outstaffing is one of the only chances for scalability in the long run for any fast growing company. Aspiring to have as many of your people inhouse can be great to a certain extent. Scalability will remain an issue for any company within the EU or the US just as much. With ever growing wages and more diverse IT job opportunities in the market HR units are being pushed into a corner. Ukraine is an IT hub for outsourcing. It is still the leader of today’s market with the most mature level of senior and median software engineers with an increase in IT graduates entering the market at a staggering rate there is no doubt that they leave dust to many eastern european countries that strive to increase their entry into the IT market. Hyperion provides a clear advantage which allows us to attract the brightest minds to enjoy working with highly challenging and interesting projects in European conditions. Such a win win is how we allow companies to scale when they need it the most. In every fast growing tech company, time is of the essence!

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Industry News

Trustly Launches its New Product Trustly Live

Niji Narayan

Published

on

Trustly Launches its New Product Trustly Live
Reading Time: 1 minute

 

Online banking payments provider Trustly has launched Trustly Live, the product built specifically for land-based gaming. With the introduction of Trustly Live, Trustly is helping to remove the need for cash at land-based casinos and sportsbooks.

With Trustly Live, players can scan a Trustly QR code with their smartphone and instantly deposit funds from their online bank account. This helps operators to lower cash handling costs while also catering to the preferences of their players. Additionally, Trustly Live can strengthen KYC and AML checks, ultimately helping to enhance the trackability of players and meet increasingly strict regulatory requirements. Trustly Live is currently live with Cherry Spelglädje in 45 locations in Sweden and plans to expand across Europe in the coming months.

“The launch of Trustly Live will help land-based operators thrive in today’s increasingly cashless economies. Cash handling is expensive, unsafe and, frankly, outdated. Consumers are already adopting safer and more convenient ways to pay and Trustly is excited to be bringing innovation to the land-based gaming world by helping operators keep pace with their players’ preferences,” Samuel Barrett, Director of Gaming at Trustly said.

Continue Reading

Industry News

Win Systems Completes $125 Million Credit Facility with Fortress and Goldman Sachs

Niji Narayan

Published

on

Win Systems Completes $125 Million Credit Facility with Fortress and Goldman Sachs
Reading Time: 2 minutes

 

Win Systems has successfully completed the $125 million credit facility with Fortress Credit Corp and Goldman Sachs Specialty Lending Group.

“I am incredibly proud to be working with Fortress and Goldman Sachs for the next phase of our growth. We are aggressively looking to expand our global footprint organically and through M&A, and this transaction will allow us to significantly accelerate our growth strategy,” Dario Zutel, Executive Chairman of Win Systems said.

“With the recent expansion of our Lottery business and our successful entrance into the US market, our company is very well positioned for future growth. The new financing package will provide us with sufficient capacity to pursue our growth ambitions,” Eric Benchimol, CEO of Win Systems said.

“Win Systems has a very strong leadership team standing behind the Company’s impressive portfolio of products and services. We have been in dialog with Dario and Eric for many years and are pleased to have the opportunity to support their continued growth plans with this investment,” Adam Rosenberg, Global Head of Gaming & Leisure at Fortress Investment Group said.

“Goldman Sachs is excited to have partnered with Fortress to provide a transformational cross-border credit facility to Win Systems to support their growth throughout Latin America and other jurisdictions. The transaction represents an important investment for the group, and we look forward to seeing the company expand its presence in Mexico, Central and South America, and other new markets over the coming years,” Alex Harris, Vice President of Goldman Sachs Merchant Banking Division said.

“It has been a pleasure working with the Win Systems team and helping them raise capital from some of the world’s largest and most sophisticated investors. This transaction reflects another example of our ongoing commitment to work with fast growing technology companies operating on a global scale,” Nedim Music, Managing Partner of Olympia Capital Partners Europe B.V said.

 

Continue Reading

Industry News

Play’n GO Announce Integration Agreement with Paddy Power Betfair

George Miller

Published

on

Play'n GO Announce Integration Agreement with Paddy Power Betfair
Reading Time: 1 minute

 

Play’n GO today announced the signing of an agreement with Paddy Power Betfair, which will see the major UK operator provide their catalogue of games to its customer base.

In a rare move, PaddyPower Betfair has chosen to integrate with Play’n GO via a direct integration into their own platform, a sign of their faith in the quality of the supplier’s range of content.

This partnership represents a great positive for both sides. For Paddy Power Betfair, this agreement continues its successful push into slots, augmenting their strong sportsbook offering and reinforcing their brand in the industry.

For Play’n GO, it signifies another major step forward in the UK region and further cements their reputation as the regulated supplier of choice.

The agreement will see Play’n GO content, including successful titles such as Legacy of Egypt, Sword and the Grail, and the recently released Demon, first rolled out on paddypower.com and betfair.com domains, with more markets to follow globally.

Johan Törnqvist, CEO of Play’n GO, gave his thoughts on the agreement between the companies: “This is another step in our plans to partner with leading operators in the UK, and expand our presence in the region. We are excited to bring Paddy Power Betfair and their players our distinctive brand of entertainment. This year has been extremely fruitful for us, and it’s partnerships such as this that allow us to finish 2019 on a high and move into 2020 with a strong foundation.”

Francesco Borsetti, Commercial Director, Betfair Gaming UK, also spoke about the partnership: “We’re delighted to offer our customers an exciting and entertaining array of content from Play’n GO. We aim to offer the widest selection of high-quality slot content and, with Play’n GO, we can continue to do just that.”

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.