The gaming industry in Montenegro has experienced significant growth and transformation in recent years, playing a pivotal role in the country’s economic and technological landscape.
Five Group, a prominent player in advanced technologies including IT, AI, AR/VR, robotics, and gaming, has been at the forefront of this evolution. We’ve had a chance to talk to them and get the inside scoop on what they’re all about in Montenegro’s gaming industry.
Five Group's diverse ventures
Five Group operates across several key sectors such as information technology, gaming, science, and innovation. Their dynamic approach fosters new ideas and technological innovations that reshape the global perception and utilization of technology.
“Our focus is on applying innovative solutions to enhance business processes. Our teams are constantly exploring new possibilities for applying advanced technologies across various disciplines. Over recent years, an important focus has been directed towards artificial intelligence and machine learning, technologies that form the core of our software solutions.” says Ivan from Five Group.
As for the gaming domain, the company is actively engaged through their brand “Five G.” Gaming plays a significant role in their operations, driving numerous solutions and innovative achievements.
Evolution of gaming in Montenegro
Over the past decade, the gaming industry in Montenegro has seen remarkable growth, marked notably by the establishment of the Montenegro eSports Federation (SESCG), which celebrated its tenth-anniversary last year.
SESCG has been instrumental in catalyzing the development of Montenegro’s gaming scene, providing a platform for enthusiasts to gather, organize competitions, and promote gaming culture nationwide.
Collaborating closely with SESCG, Five G has contributed to the development of Montenegro’s gaming community by organizing tournaments and promoting gaming culture and camaraderie among players.
Taking the world by storm with an increasing number of international events and competitions, gaming has become an integral part of global culture and entertainment. “The gaming industry has become not only entertaining but also an economic force.
An increasing number of people are engaging in professional gaming, and companies have recognized the potential of this sector and are investing more in it.” according to Ivan.
From a technological standpoint, Five Group is utilizing cutting-edge gaming technologies that are being applied in other sectors within the group. This ensures that they are staying ahead of market demands and keeping up with industry trends. By leveraging these technologies, the company is well-positioned to continue driving growth within the gaming industry in Montenegro and beyond.
Innovation driving gaming sector development
Ivan believes that gaming is driving innovation, not just in Montenegro, but globally: “Gaming largely catalyzes the development of technologies like VR/AR (virtual/augmented reality) and certain segments of machine learning and artificial intelligence, precisely because it follows the latest technological trends. These advanced systems allow players to fully immerse themselves in the virtual world of games, providing them with a unique experience that surpasses traditional gaming experiences.
Through VR/AR, players can experience the game in a completely new way, which has opened doors for some serious gaming projects and startups.”
Moreover, the application of artificial intelligence in enhancing gameplay by creating intelligent opponents and personalized experiences has not only enhanced game quality but also spurred expertise in AI.
The gaming industry has become a major player in the global economy, surpassing even the combined revenues of the film and music industries. Montenegro, with its favorable environment, stands to gain from the creation of high-paying jobs across various fields.
Game development requires professionals in programming, design, art, and writing, among others, providing them with opportunities for creative work and high remuneration. Additionally, gaming events and tournaments can boost tourism, further stimulating demand for hospitality services.
Educational institutions are also utilizing gamification to encourage interactive learning while supporting the development of the gaming industry. It is an increasingly popular approach in education because it provides interactive learning methods that motivate students to actively participate in this type of learning and enable them to develop a wide range of skills.
In Montenegro, they have recognized the potential of gamification in education and have taken initiatives to enhance educational programs in programming, natural and social sciences, creative thinking, teamwork, and problem-solving. Investing in infrastructure grants students access to cutting-edge technology, not just for gaming but also for other IT sectors, which they can use to develop professionally.
Future vision and initiatives
Looking ahead, Five Group envisions Montenegro’s gaming industry becoming a recognized economic pillar, renowned for its innovation, creativity, and economic contribution beyond its borders.
Initiatives to support their vision include nurturing local talent, organizing events, and investing in gaming infrastructure and legislation: “One of the most noteworthy events we organized in Montenegro, in collaboration with the Esports Association of Montenegro, was E-fest. It was the first “sci-tech & gaming” event in our country, with a fully international scope, bringing together numerous leaders from European and global esports organizations, as well as players and delegates from 40 European countries. E-fest showcased the latest technological innovations from our country. We also hosted hackathons, competitions, tournaments, and panel discussions to highlight the benefits of gaming for the economy and its connection with the innovative ecosystem.”
The company’s goal is to establish Montenegro’s gaming industry as a distinctive sector of the economy, known for innovation, creativity, and economic contribution. They plan to achieve this through further initiatives like event organization, competitions, education programs, infrastructure investment, and favorable business environments. Their vision is to create a strong, sustainable, and competitive sector that drives the country’s economic and social development.
Montenegro’s gaming industry has come a long way, with its progress closely linked to technological advancements and the spirit of entrepreneurship embodied by companies like Five Group.
This journey is not only a story of economic progress but also a testament to the transformative power of gaming in shaping modern industries and communities. The industry’s success has been driven by a combination of factors including cutting-edge technology, innovative business models, and a commitment to excellence in every aspect of its operations.
As a result, the gaming industry in Montenegro has become a shining example of what can be achieved when talented people come together with a shared vision and a relentless drive to succeed.