Ubisoft: We've waited too long for next-gen

Next-generation hardware has taken too long to arrive, according to the chief executive of Ubisoft.

Yves Guillemot said new consoles are long overdue and when they arrive they'll give the games industry a huge boost.

Guillemot told GamesIndustry: "We're waiting for the new consoles - I think that the new consoles will give a huge boost to the industry, just like they do every time that they come.

"This time, they took too long so the market is waiting."

Despite feeling that the current-gen platforms have outstayed their welcome, Guillemot predicts a healthy future.

He added: "With the innovation that we'll see from, first, the Wii U then the other consoles, the market is going to grow enormously again.

"I think it's very important for new generations to come regularly with innovations for the industry, so I think we've been waiting a bit too long. What is important is that when those new generations do come, they bring enough innovation to make the market strong again."