Entertainment | Radiant

How IT will shape the entertainment industry.

Reimagining What’s Possible in Media and Entertainment

We immerse ourselves in popular culture to understand the needs and complexities of entertainment companies, including streamers, culture and specific challenges that come with the dizzying growth of this market, at speed.The Entertainment Industry brings audiences together through film, TV, music, gaming, sports, and live performances. Its mission? As of 2024, the Entertainment industry is experiencing robust growth, driven by digital advancements and increased online content consumption. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 10.98% from 2022 to 2027, reaching US $14.68 billion (about $45 per person in the US) by 2027. This growth is fueled by the proliferation of streaming services, virtual and augmented reality, and evolving social media and gaming platforms. These technologies reshape content production and consumption, creating new revenue streams and business models.

With continuous technological advancements and a growing demand for immersive content, the Entertainment industry will continue to capitalize on the use of emerging technologies and transformation.

Challenges

Automation and UX will help transform this dynamic industry.

High User Expectations Informed by Consumer App Experiences

UX design still needs to catch up on the many connected devices used by the industry. High user expectations are consistently evolving and the ability to seamlessly navigate the app experience becomes more problematic with previous poor UX design.

Limited Resources to Meet These Expectations

The industry has insufficient automation and resource optimization tools. There is a need to utilize advanced automation to improve workflows.

User Experience Design Often Being Deprioritized

Prioritizing user experience (UX) design involves conducting thorough UX research and testing to ensure that user needs and preferences are at the forefront of the design process. This approach ensures that the final product is not only functional but also user-centric and engaging.

Complex and Industry-Specific Processes, Domain Terminology, and Application Stacks

There needs to be a simplification of industry-specific processes. Solutions need to be integrated seamlessly with existing application stacks and incorporate industry-specific terminology, ensuring relevance and ease of use for domain

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Barriers

Growth is often met with resistance in the form of hurdles from cultural to financial, and organizational barriers.

Organizational Barriers

User Experience Design Often Deprioritized: In fast-moving markets, user experience design sometimes takes a backseat to other priorities like feature development. This can lead to unpolished, difficult-to-use interfaces, alienating audiences who expect frictionless interaction with content.

Financial Barriers

Limited Resources to Meet User Expectations: While expectations are high, the available resources to meet them are often limited. This creates tension between the need for top-tier user experiences and the actual capacity to deliver them. Automation and resource optimization can help but don't fully solve the problem.

Technological Barriers

Rapid Technological Evolution and Scalability: As new technologies like augmented reality (AR), virtual reality (VR), and evolving social media platforms reshape content consumption, entertainment companies struggle to keep up.

Operational Barriers

Complex and Industry-Specific Processes: The entertainment industry involves complex processes such as content production, distribution, and licensing. Each segment often requires its own set of applications and technical stacks, creating a fragmented ecosystem that's difficult to optimize for user experience.

Cultural Barriers

High User Expectations Informed by Consumer App Experiences: The deep-rooted focus on traditional revenue models, such as box office sales and physical media, which has delayed the full embrace of emerging digital platforms and alternative distribution methods.

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Desired Outcomes

Quicker to market with Agile.

Enhanced User Experience

By prioritizing user-centered design, organizations can create products that are intuitive, user-friendly, and meet the actual needs of their customers, leading to higher satisfaction and engagement.

Faster Time-to-Market

Agile methodologies and rapid prototyping enable quicker development cycles, allowing organizations to launch products faster and stay ahead of the competition.

Increased Flexibility and Adaptability

Agile frameworks and continuous integration allow organizations to adapt to changing market conditions and user feedback quickly, ensuring the product remains relevant and valuable.

Improved Collaboration and Efficiency

Cross-functional teams and collaborative tools foster better communication and teamwork, reducing silos and improving overall efficiency in product development.

Data-Driven Decision Making

Regular testing, user feedback, and market analysis provide valuable insights that inform strategic decisions, ensuring that the product evolves in line with user needs and market trends.

Strategic Alignment

Product road mapping, creation of highly effective strategies, and stakeholder engagement to ensure that the development efforts are closely aligned with the business goals and objectives, leading to more effective and impactful digital transformation.

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