Remember Jack Tretton? The video game industry veteran was a big player at Sony for years, taking on the role of president and CEO of then-called Sony Computer Entertainment America from 2006 to 2014. You may recall he helped launch the PlayStation 4 with that fateful E3 2013 Sony press conference. He's now set up his own game development investment company, Interactive Gaming Ventures. But what does he think of next-gen?

GamesBeat recently interviewed Tretton about his new projects and indie games, but one question in particular caught our attention. When asked what he thinks about Sony nowadays, he said the company is "very well-positioned," and that the announced technical specifications of PS5 "sounds impressive." Despite its strong position, however, Tretton feels the platform holder will have to deal with "exponentially more competition than they did the last time around."

Microsoft should give them a better run for their money, and Stadia is a new wrinkle in the market that didn’t exist in 2013. Nintendo is more relevant this time around," Tretton says, ultimately concluding that the increased competition will be "great for everyone in the business, whether you’re a developer or a gamer." It's hard to disagree with him; it's a level headed analysis, and we definitely agree that a more competitive industry will lead to good things.

You can read the full interview through here, if you're interested. Do you agree with Tretton's thoughts on Sony and its chances with PS5? Let us know your thoughts in the comments below.

[via venturebeat.com, wccftech.com]