Sony held its annual Investors Relations Day today where the company has unveiled plans to maintain its position as market leader of next-gen consoles.
The company enforced that it believes in console generations, especially with the next-generation PlayStation 5 console, capturing the power of new technology to bring transformative and immersive gaming experiences.
The key to Sony delivering its promise will be the new partnership with Microsoft, using the rival company’s Azure cloud technology to improve streaming services. PlayStation Now currently runs on Sony’s servers and has about 700,000 subscribers, however the new deal could help grow its subscriptions to 5 million.
PlayStation Now will be improved to offer 1080p resolution streaming and beyond, and the quality of content will be enhanced as well, suggesting there may not be as much of a delay with the release of AAA titles on PlayStation Now as has been the case so far.
Sony’s PlayStation 4 had immense success from the exclusive games made by internal studios such as Guerrilla Games, Sony Santa Monica, and Naughty Dog. Both God of War and Spider-Man topped most players’ and critics’ GOTY lists in 2018—both PS4 exclusive games.
Jim Ryan also confirmed plans to invest further in its game development by expanding Sony Worldwide Studios. This would be either through organic growth or acquisitions.