Duncan Faithfull G3 Pulse Podcast: Reflections on how the Gaming industry has fared in 2022
News Duncan Faithfull G3 Pulse Podcast: Reflections on how the Gaming industry has fared in 2022, driving forward, product innovation, and G2E Duncan Faithfull, EVP, Gaming Business Leader and CCO of Quixant talks with Lewis Pek of G3 about ongoing supply chain challenges, how Quixant is pivoting to support the Gaming sector and looking forward to G2E and beyond. Duncan, how would you define 2022 at this point as we look ahead beyond the summer? What's improved - what's stayed the same and what's proving challenging? I’d say that 2022 has continued the challenges of the last couple of years. At the start of the year, we all expected the supply chain challenges to improve, but the reality is that they’re with us for some time yet. Quixant’s response has been to focus our attention upon providing support for our customer base. We recognise that availability is king right now as customers seek to ramp up production to meet positive market sentiment. Our engineering efforts, therefore, have been concentrated around ensuring that we offer sustainable supply chain solutions. My belief is that 2022 presents an exciting opportunity as Gaming environments ‘normalise,’ but there is a lag between expectations as they unfold in the present and the long-term reality. Quixant’s focus on availability ensures that we are prepared for the next few years, not just 2022. What supply, price and inflationary pressures are we seeing in the market in regard to components? We're already seeing average machine prices rising as manufacturers pass on costs to operators - have we peaked or are we still climbing - and what's are the drivers? Speaking for Quixant, the vast majority of our products have around 1,000 individual components, and it only takes one of [...]