Property Taxes a Struggle for Northeast Homeowners

first_img The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Previous: Housing Confidence High as 2017 Winds Down Next: Fannie Offers $10M for Affordable Housing Solutions Data Provider Black Knight to Acquire Top of Mind 2 days ago Which region in the U.S. lags behind in paying taxes on its residential and commercial property? According to the annual property tax payment analysis by LERETA, a leading national real estate tax and flood service provider, the data points to the Northeast, which leads the country with an 8.9 percent delinquency rate in residential and commercial property taxes. LERETA analyzed delinquency data on 58.2 million records across the U.S. and found a nationwide delinquency rate of 8.4 percent. Approximately 2,474 jurisdictions across the country were included in this year-end review. The Northeastern region scored higher than the national data, indicating a delinquency rate of 8.9 percent in this region. A little more than 800,000 of the more than 9 million parcels reviewed in the Northeastern region indicate property tax delinquency.The southern region also showed a high delinquency rate at 8.8 percent, or around 3.3 million of the 38.4 million records analyzed in this region. That again shows an average that’s well above the national delinquency rate.“We are in a unique position to analyze the effect of current assessor, tax amounts and delinquent data on a portfolio because of the sheer volume of data available to us,” John Walsh, CEO of LERETA, said. The Midwest region of the country scored lowest with a delinquency rate that was below the national average at 6.4 percent, or around 400,000 of the 6.4 million records analyzed in the region. The Western part of the U.S scored closer to the national average with a delinquency rate of 6.9 percent, or around 300,000 of the 4.3 million records analyzed by LERETA.This annual year-end analysis is designed to identify jurisdictions where property tax payments were not made by the economic loss date for the collecting agency. According to the report, an account becomes delinquent when the due date for a tax return or other established liability has passed and the amount due remains unpaid. Penalties and interest begin to accrue on the unpaid tax until the entire balance is paid in full. The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Delinquency Homeowners LARETA Northeast property tax records region U.S. 2017-12-19 Staff Writer Property Taxes a Struggle for Northeast Homeowners Related Articles Servicers Navigate the Post-Pandemic World 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Property Taxes a Struggle for Northeast Homeowners Sign up for DS News Daily Subscribe Servicers Navigate the Post-Pandemic World 2 days ago December 19, 2017 1,610 Views  Print This Post Tagged with: Delinquency Homeowners LARETA Northeast property tax records region U.S. Demand Propels Home Prices Upward 2 days agolast_img read more

Barcelona sack Valverde and appoint Setien as successor

first_imgErnesto Valverde was dismissed after two-and-a-half-seasons in charge at BarcelonaMadrid, Spain | AFP |  Spanish champions Barcelona have sacked their coach Ernesto Valverde and appointed Quique Setien as his replacement, the club announced on Monday.The decision to remove Valverde was confirmed following a board meeting that lasted more than four hours at Camp Nou on Monday afternoon.Barca are top of La Liga but have won only one of their last five matches. Valverde is the first coach the club has sacked mid-season since Louis van Gaal in 2003.“FC Barcelona and Ernesto Valverde have reached an agreement to terminate the contract that united both parties,” read a club statement released on Monday night.Setien will be presented in a press conference at Camp Nou at 2.30pm local time (1330 GMT) on Tuesday.“Barcelona and Quique Setien have reached an agreement for the latter to become first team coach until 30 June 2022,” the club said.“Setien is one of the most experienced coaches in Spanish football,” it added. “Throughout his career he has been a proponent of possession based, attacking football that has been attractive to the fans.”His first game in charge will be at home to Granada on Sunday. Barcelona play Napoli in the last 16 of the Champions League next month and Real Madrid in the league at the start of March.Setien has made no secret of his admiration for the stylistic traditions of Barcelona, with the 61-year-old also renowned for favouring an exciting, offensive mode of football.A former player of Atletico Madrid and Racing Santander, he was circled as a potential Barca coach during a particularly successful period in charge of Real Betis.Setien led Betis to a sixth-place finish in 2018 and qualification for the Europa League but, despite overseeing a thrilling 4-3 victory at Camp Nou early the following season, results tailed off.Betis finished 10th and the club and coach parted ways in the summer. Previously, he also helped Las Palmas avoid relegation from La Liga in 2016.A footballing purist, Setien and Barcelona would seem a good fit, particularly if the players feel released from some of Valverde’s more pragmatic tendencies.But critics of Setien would argue style often takes precedence over substance and it remains to be seen how he handles the pressure of matching aesthetics with results at one of the world’s most demanding clubs.He will also have to do without Luis Suarez, who will be missing for the next four months after having surgery on his right knee. Share on: WhatsApp – European failures haunt Valverde –Doubts had surrounded Valverde for several months and were underpinned by two disastrous exits from the Champions League.Barcelona’s shocking collapse against Roma in 2018 was followed by a similar capitulation against Liverpool last year.Familiar fragility had been evident this season and a 3-2 defeat to Atletico Madrid in the Spanish Super Cup on Thursday, in which Barcelona conceded two late goals, prompted the board to act.Valverde arrived two hours early for his last training session with the squad at Ciutat Esportiva Joan Gamper on Monday morning before meeting with club president Josep Maria Bartomeu.Bartomeu then drove to Camp Nou, where he held a board meeting with several club officials including chief executive Oscar Grau, technical secretary Javier Bordas, vice president Jordi Cardoner and sporting director Eric Abidal.Grau and Abidal had returned to Barcelona on Sunday after spending the weekend in Qatar, where they had offered the job to Xavi, only for the club’s iconic former midfielder to indicate he was not ready to come immediately.In Valverde’s two seasons, his team won two La Liga titles, as well as the Copa del Rey in 2018, and another league success remained very much in sight this term, despite Madrid’s impressive form in recent weeks.But Barca’s performances have been unconvincing and there were lingering concerns about Valverde’s more functional tactics, which appear to have informed the switch to Setien.When Valverde arrived in 2017, Barcelona were wounded, hurting after the shock departure of Neymar to Paris Saint-Germain and humiliated, as consecutive defeats by Real Madrid in the Spanish Super Cup hinted at trouble for the season ahead.Instead, he steadied the ship and galvanised the team.They lost one league game en route to winning the title and the year after, they were champions again, finishing 11 points ahead of Atletico and 19 clear of Real.Increasingly, though, Valverde’s achievements faded from view and his failures began to overshadow them. On Monday, Barcelona decided his time was up.last_img read more

2 Chinese men plead guilty to photographing US Navy base Posted

first_imgAccording to court records, two Chinese men have pleaded guilty to illegally taking photographs at a Florida Navy base.24-year-old Jielun Zhang and Yuhao Wang, pleaded guilty on Tuesday in Key West federal court.Zhang, and Wang were charged with illegally photographing a U.S. defense installation, and they each face a year in prison plus a $100,00 fine.Since 2018, four Chinese nationals have been caught taking pictures of Key West military bases.last_img

Election 2017: Holmdel GOP Seeks To Continue Agenda, Dems Push For…

first_imgBy Jay Cook |HOLMDEL – A choice awaits Holmdel voters at the polls on Nov. 7: should residents push onward with the status quo of an entirely Republican governing body, or should voters side with Democrats looking to make changes within town lines?This year’s election for two open seats on the five-member Holmdel Township Committee features Greg Buontempo and Rocco Pascucci, a pair of Republicans both with two terms of elected experience, and Larry Luttrell and Barbara Singer, two Democrats who continue to keep the pressure on their opposition.Running for his third term in 2017 is Buontempo, 52, the incumbent Republican mayor who works as an area sales director for Sprint.Buontempo, a member of the township’s planning board, as well as a member of the Monmouth County Improvement Authority, said one of the highlights of his political career has been the creation of a new township library. Instead of staying in the basement of Town Hall, the library will soon have its own dedicated space inside the 2 million-square-foot Bell Works facility, located at 101 Crawfords Corner Road. A ribbon-cutting to officially open the library is set for Nov. 1, and Buontempo said the project has been important to residents in more than one way.“We’re really trying to fund everything so the residents have no financial impact on them,” he said. “But we want to make this more than a regular library because it’s in a very unique building.”After some changes earlier this month, the updated cost of the library construction is just shy of $1.8 million, with $1 million covered by Somerset Development, Bell Works’ property owner. Fundraising to cover the remaining costs will continue into the new year, Buontempo said.Buontempo added if he’s re-elected, he’ll continue to work with Monmouth County officials on shared service agreements for roadway improvement projects. Streets like Wildhedge Lane, Tanglewood Lane and Sweet Briar Lane were among the streets resurfaced with new curbing in 2017. Buontempo said the bill came in $1.1 million under budget, thanks to shared services with the county.“To be able to do all that and not impact our residents with a municipal tax increase is an accomplishment,” he said.Buontempo has run for office previously with Deputy Mayor Patrick Impreveduto, who is currently running on the Republican ticket for a seat on the Monmouth County Board of Chosen Freeholders. But this year, joining Buontempo on the municipal ballot is Pascucci, 67, a pediatrician at Bethany Pediatrics, Hazlet.Pascucci served on the Holmdel Township Committee for two terms from 2006 to 2011. He did not seek reelection in that final year due to changes in the healthcare industry that affected his practice.“With Obamacare coming, it put a big strain on the office, lots of changes, and I just didn’t have the time,” he said. “But now I do.”Pascucci said the biggest threat to Holmdel today is the Monmouth County Reliability Project, a 10-mile long, 230 kV transmission line along the NJ Transit North Jersey Coast Line. It’s designed to run from Aberdeen to Red Bank, through Hazlet, Holmdel and Middletown, but is still being litigated in the courts.In talking with seniors at Village Grande and Cedar Village, two communities which abut the rail line, Pascucci said it certainly would be a detriment to Holmdel residents.“I’m not going to let it happen and I don’t believe that it’s going to happen,” he said.Also, as a board-certified pediatrician, Pascucci said he is aware of health defects from high voltage powerlines. While studies vary from country to country, he said, one thing is still certain. “Look at everywhere in the state,” he said. “(Powerlines) are put way far from people, and not by their houses. And here, people will be riding under them all day.”Pascucci also serves as the deputy director of Holmdel’s Emergency Management office. He believes there needs to be more funding for township first responders, and pointed to drone usage as a next generation method of inspection and recovery. Holmdel Fire Department is already using drones, he said.While Republicans push to continue their plan for Holmdel, the two Democratic challengers are looking to flip the script on exactly how that government would work.Luttrell, 46, an attorney with Law Offices of Lawrence Luttrell, Holmdel, said it’s time for Holmdel to abandon its system of selecting a mayor. Currently, the mayoral position is chosen at the annual reorganization meeting by Township Committee members in January. But he has issue with that.“Having five people get in a back room on Jan. 1 to pick who the mayor is going to be is not democratic in my opinion,” Luttrell said. “We think the people should directly elect the mayor, and not the politicians.”He’s proposing Holmdel convert its government to a Faulkner Act-type town, where the mayor is directly elected by residents. Red Bank and Highlands are two towns operating under similar guidelines.Luttrell said residents he has spoken with favor his plan. He hopes it can ultimately loosen the Republican grip in Holmdel.“The problem with 5-0 majorities is they’re all ‘walk in lock-step’ and someone could be slammed if they don’t toe the line,” he said. “That’s not good for any form of government, in my opinion.”In addition to the government change, Luttrell said he wants to improve Holmdel’s credit rating, which was downgraded in 2010 to Aa2 from A1 by Moody’s. He said that hurts the finances in town and puts too much reliability on the County to cover the shortfall.Accompanying Luttrell this election season is Singer, 49, an attorney with Drazin & Warshaw. In 2016, she ran for Township Committee with fellow Democrat Karen Strickland.One of Singer’s chief issues in Holmdel is how the township is moving forward with its affordable housing obligations. The Two River Times reported in June that Holmdel is obligated to provide 393 new affordable housing credits, as per a Fair Share Housing Center report.Singer said plans by Holmdel elected officials to build approximately 450 housing units across town is “due to a lack of planning.”As Democrats, Singer and Luttrell said they are certainly not opposed to affordable housing, yet they want to see it completed responsibly. Singer added housing agreements with 12 to 16 units per acre “is not like anything Holmdel has right now.”Her plan would be to utilize two-for-one affordable housing credit plans and check on the feasibility of a housing complex across from Bayshore Medical Center on North Beers Street.Singer also acknowledged that Holmdel would benefit from having two acting attorneys on the township committee. With pending litigation for affordable housing, the Monmouth County Reliability Project, and the New Jersey Natural Gas regulator station proposal, she said communication to concerned residents could be improved.“When you bring lawyers in on things and they analyze everything, they don’t just accept what’s going on,” Singer said.This article was first published in the Oct. 26-Nov. 2, 2017 print edition of the Two River Times.last_img read more

Leafs shutout Nitehawks 3-0 to remain perfect in preseason

first_imgThe Nelson Leafs remained perfect in the Kootenay International Junior Hockey League exhibition season after scoring a 3-0 shutout over Beaver Valley Nitehawks Sunday in Fruitvale.Nelson defeated Beaver Valley 8-2 in Nelson last week and Creston Valley Thunder Cats 5-4 Friday at the NDCC Arena.The Leafs scored a goal in each period against the Hawks.Robson Cramer and Alex Wilkinson scored for Nelson while Adam Maida and Tyler Moffat combined to register the win in goal. Friday, Brandon Sookro scored the winner as Nelson edged the Cats.Matt MacDonald, Darnel St. Pierre and Nolan Percival also scored for Nelson.Maida and Moffat combined to register the win in goal.Nelson concludes the preseason this week with a home-and-home series against defending KIJHL champion Castlegar Rebels.The teams play Tuesday in the Sunflower City before returning to the NDCC Arena Wednesday.Nelson opens the KIJHL regular season Friday in Castlegar against the Rebels.The home opener of the Leafs is Saturday against Creston at 7 p.m.last_img read more

REIGNING BREEDERS’ CUP CLASSIC WINNER BAYERN PROMINENT IN GRADE I, $300,000 AWESOME AGAIN STAKES SATURDAY; BAFFERT TRAINEE TO TAKE ON STABLEMATE HOPPERTUNITY, HARD ACES & OTHERS AT 1 1/8 MILES

first_imgTHE AWESOME AGAIN IS ONE OF FIVE GRADE I, BREEDERS’ CUP CHALLENGE ‘WIN & YOU’RE IN’ STAKES TO BE OFFERED AS PART OF 11-RACE BLOCKBUSTER CARD ON OPENING DAY ARCADIA, Calif. (Sept. 23, 2015)–Although winless in four starts since taking last year’s $5 million Breeders’ Cup Classic, Kaleem Shah’s Bayern is undefeated in three starts at Santa Anita and looms large in a field of eight three-year-olds and up in Saturday’s Grade I, $300,000 Awesome Again Stakes at 1 1/8 miles.A close third two starts back in the Grade II, 1 1/16 miles San Diego Handicap July 25, Bayern showed early speed but caved readily to finish ninth, beaten 22 ½ lengths at 7-2 by superstar mare Beholder in the Grade I, 1 ¼ miles Pacific Classic Aug. 22.Despite the double digit setback, trainer Bob Baffert has been pleased with the way the 4-year-old Offlee Wild ridgling has re-acclimated in Arcadia.“He’s enjoying the surface here at Santa Anita,” said Baffert following Bayern’s one mile work here on Sept. 12 of 1:36.80. (Baffert actually had the horse working six furlongs in 1:11.60, followed by a one mile gallop-out time on his watch of 1:37.20).Shrouded in controversy following a rough and tumble start in the Breeders’ Cup Classic, Bayern was freshened over the winter and was then well beaten in both the Grade II, seven furlong Churchill Downs Stakes May 2 and the Grade I Metropolitan (Mile) Handicap June 6.In addition to his front-running win in the Breeders’ Cup Classic, Bayern’s Santa Anita resume includes a 3 ¼ length first out maiden win going seven furlongs on Jan. 4, 2014, followed by a 15 length score in a one mile allowance here on Feb. 13, 2014. He is 14-6-1-2 overall with earnings of $4,418,930.Second to California Chrome in last year’s Grade I Santa Anita Derby, Baffert’s Hoppertunity was a tough luck second, beaten a nose, by Hard Aces three starts back in the Grade I Gold Cup at Santa Anita and will try to atone for a 9 ¾ length drubbing at the hands of Beholder in the Pacific Classic Aug. 22.Owned by Mike Pegram, Karl Watson and Paul Weitman, Hoppertunity, a 4-year-old colt by Any Given Saturday, is a versatile sort who can sit close early or come from far off the pace. With two wins from seven starts at Santa Anita, Hoppertunity is 13-4-3-2 overall with earnings of $1,351,675.Hronis Racing’s Hard Aces, who followed his upset win in the Gold Cup at Santa Anita with a distant sixth place finish in the Pacific Classic, will hope to rebound for trainer John Sadler over the site of his biggest career triumph. Best suited as a deep closer, he’ll hope to have a fast pace to exploit. A 5-year-old horse by Holy Bull, he’ll be making his sixth career start for Sadler in the Awesome Again. With one win from three starts at Santa Anita, the 5-year-old horse by Hard Spun is 24-6-3-7 overall with earnings of $592,395.Imperative, whose claim to fame came in winning the Grade II Charlestown Classic in April, 2014, has been winless in 10 subsequent starts but makes only his second start for the always dangerous Richard Baltas on Saturday. A $50,000 claim in December, 2013, he’s owned by KM Racing Enterprise, Inc. A 5-year-old Bernardini gelding, Imperative is winless in eight starts at Santa Anita and is 25-3-5-3 overall with earnings of $1,645,120.A winner of the ungraded Harry F. Brubaker Stakes at one mile on Aug. 26, Point Piper will make his third start for Jerry Hollendorfer Saturday and the 5-year-old horse by Giant’s Causeway appears to be on the improve. Owned by Gatto Racing, LLC, Jusso or Schlaich, and partners, Point Piper is 15-4-3-2 overall with earnings of $102,725.Lucky Charm Stable’s lightly raced Smooth Roller, a close fourth in the Brubaker after stumbling at the break, tries graded company for the first time but appears fast and dangerous for trainer Victor Garcia. A 4-year-old Hard Spun gelding, he’ll be shooting for his third victory from four career starts.The complete field for the Grade I Awesome Again Stakes, to be run as the tenth race on an 11-race card Saturday with jockeys and weights in post position order: Hard Aces, Victor Espinoza, 124; Sammy Mandeville, Rafael Bejarano, 119; Point Piper, Mario Gutierrez, 119; Global View, Drayden Van Dyke, 119; Hoppertunity, Mike Smith, 121; Imperative, Corey Nakatani, 119; Smooth Roller, Tyler Baze, 119; Bayern, Martin Garcia, 121. Special first post time Saturday is 12:30 p.m. Admission gates open at 10:30 a.m.-30-last_img read more

Thunderstorm fails to interrupt weekend red eye slo-pitch tournament

first_imgFORT ST. JOHN, B.C. – It was a weekend of non-stop slo-pitch action at the Taylor ball diamonds – literally.The 10th Annual Allen LaFleur Tournament of Hope was a roaring success this past weekend. Roughly 500 players on a record 40 teams participated in the double-elimination tournament. The tournament began at 7:00 on Friday evening, and ran through the overnight hours until the final three games’ opening pitches at 6:00 p.m. on Sunday. Though a thunderstorm passed over Taylor on Satuday evening before a low pressure system brought more rain through Sunday afternoon, that didn’t dampen the spirits of everyone that came out to play.IMG_7666A panorama of the Taylor ball diamonds on Sunday afternoon. Photo by Chris Newton- Advertisement -Sunday’s final games saw Balls Deep take the win over The Plugs in the ‘A’ Division with a 7-6 final score. The Great Canadian Oil Change lost their final against Mixed Nuts 7-5 in Division ‘B,’ while Div. ‘C’ was won by Logix Controls over Krush 11-3. Kokanee and True Grit played each other in the Division D final, another close game that ended 16-15 in favour of Kokanee. Knappett doubled up the Mustangs 8-4 to win the ‘E’ Division.Tournament organizer Velma Alexander says that the final tally of funds raised for Raymond Auger and Karsten Mayinger, who are battling cancer, is not yet known, although organizers hoped to at least equal last year’s total of nearly $17,000. Alexander says that the final amount should be tallied up later this week.last_img read more

IRISH WATER HOLDING LOCAL AUTHORITIES TO RANSOM – CLLR O FEARRAIGH

first_imgSinn Féin Councillor John Shéamais Ó Fearraigh has described plans to force local authorities to hand over development levy funds to Irish Water as ‘scandalous’, saying that it amounts to local authorities being ‘held to ransom’ by the company.The levy which in recent years was charged on new developments by local authorities throughout the country is now to be transferred to Irish Water because of a vesting order which was signed by Minister Alan Kelly earlier this week.“The Environment Minister this week signed off on handing yet more powers over to Irish Water which now has the permission to raid local authorities for more funds to prop up the shambolic company.” “Not content with raiding the pockets of Irish citizens, Irish Water has now been given the right to raid the coffers of councils as well.”He added it was bad enough that the Irish people have been forced to pay for water yet again with bills coming through letter boxes despite having already paid for their water via general taxation for years.But now, this latest decision by the Minister means that money continues to pour into this bottomless pit – this is scandalous, he added.“Local Authorities are already being starved of cash as it is and the last thing they need is for more funding to be diverted to Irish Water – local services are being decimated in the search for cash.” “Libraries, roads, footpaths, playgrounds, and endless local services continue to be neglected yet this government are perfectly content to redirect cash into Irish Water – local authorities are being held to ransom.”“If this government has any thought for the people of this country then they must abolish Irish Water immediately before any more public money is wasted on this unwanted, toxic brand.” IRISH WATER HOLDING LOCAL AUTHORITIES TO RANSOM – CLLR O FEARRAIGH was last modified: April 12th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalIrish Waterlast_img read more

Watch: Amazing footage by lifeboat crew at yesterday’s rescue mission

first_imgVideo: Portrush Lifeboat StationHave you ever wondered the horrific conditions faced by our brave lifeboat volunteers when they get a call to a rescue?These are the conditions which faced volunteers yesterday off the coast of Donegal. The video was taken by members of the Portrush Lifeboat crew who rushed to aid colleagues from Lough Swilly LIfeboat and also Arranmore Lifeboat.Gales of up to 60mph as well as heavy seas met the crews as they went to the aid of a crabber which lost power yesterday afternoon 20 miles off Fanad Head.The brave men and women who man these lifeboat stations face these kinds of conditions on a regular basis.We salute their bravery and thank them for keeping us safe at sea. Watch: Amazing footage by lifeboat crew at yesterday’s rescue mission was last modified: December 17th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

The E-Sports Industry Is Growing — Now Web Infrastructure Needs to Keep Up

first_imgRelated Posts 9 Books That Make Perfect Gifts for Industry Ex… 4 Keys to a Kid-Safe App Like traditional sports, e-sports can be costly. A prime component of e-sports infrastructure is video streaming, which enables competition. Viewers are able to share the videos and streaming links to millions, requiring companies to build their own solutions or work with solid tech companies to deal with heavy bandwidth. Services like highlights, instant replays, live streaming, and anti-cheating detection measures are some of the instant services that need to be available for viewers and gamers.In order for the e-sport infrastructure to thrive, software developers need to find a way to scale in a way that works effectively on a cloud mixed platform, as well as on dedicated servers. Once dedicated platforms achieve the ability to scale with automation features typically found on scale cloud platforms, scaling the e-sports platform to meet high-performance criteria will be much easier.A report published by PricewaterhouseCoopers predicts that the sports industry will inevitably face problems due to the drastic decline in viewership. The entire industry is running on a distribution model that is stuck in the past. What’s worse is that some of the most influential companies in the industry are slow to implement innovative technology measures.New revenue models are truly reinventing the way users engage with content online. Services like Twitch provide a platform for streaming thousands of games online daily. Some of the most popular games on this service, namely “League of Legends” and “Dota 2,” generate close to 70 million views each month. Given the high number of viewers these services experience, there is no denying the importance of game streaming in today’s culture — and web infrastructure needs to be able to keep up with these changes.How to Select the Right Web Infrastructure PartnersThere are estimated to be more than 500 million individuals around the world who watch other people play video games.To be able to handle high volumes of traffic during peak seasons, it’s crucial to have the ability to deal with low-latency applications and high bandwidth simultaneously without disruption. A high-performance network available around the globe is extremely important, and it’s one of the driving factors of player satisfaction.It’s also important to automate and provide scalable capacity on both cloud and non-cloud platforms at a competitive price. The availability of equipment in a global data center will provide low bandwidth cost combined with a lower latency to create a better user experience.It’s also likely that game developers in the future will embrace artificial intelligence and machine learning to form a better understanding of how players interact with characters in their games. These tools will ensure a more customized gaming experience for players who could have packages tailored to their particular interests.The Success of E-SportsThe success of online gaming is directly related to the performance, price, and availability of the infrastructures they are offered on. If games are slow to load or glitch often, fans will start leaving in droves.The infrastructure needs to be top-notch in order for companies to maximize their return. Working with a partner that can provide a sufficient balance between price and performance will make a big difference for the players and publishers alike.Also, it’s not just gamers and sports enthusiasts who realize that e-sports are the next big thing. Vision Esports, a holding company co-founded by NBA star Rick Fox that invests in up-and-coming brands in the e-sports industry, has received backing from sports stars such as Kevin Durant and Odell Beckham Jr., sports teams like the St. Louis Cardinals, and even other big agencies like Shamrock Holdings — the Disney family’s personal investment company.For this industry to continue to grow, it is important for infrastructure development to meet the needs of its users. A reliable platform is crucial to ensure the widespread growth of e-sports is fully supported for years to come. 12 Unique Gifts for the Hard-to-Shop-for People…center_img 5 Outdoor Activities for Beating Office Burnout Robert van der MeulenTechnical Evangelist at Leaseweb Robert van der Meulen is the technical evangelist at Leaseweb, a global IaaS provider. last_img read more