Qumu and V-cube Partner in Japan and APAC Region for Enterprise Video
September 02 2016 - 2:00AM
Business Wire
Qumu (NASDAQ: QUMU), the leader in enterprise video, today
announced it entering a strategic partnership with V-cube, Inc. to
provide enterprise video content management solutions across Japan
and the Asia Pacific region. V-cube has been the market leader in
Japan for web conference systems for the past nine years.
As part of this partnership, V-cube, Inc., headquartered in
Tokyo, will work with Qumu Japan Co., Ltd., the local subsidiary of
Qumu Corporation, to provide strategic distribution of the
industry-leading Qumu enterprise video platform across Japan and
the Asia Pacific region.
“Qumu is a global player which has developed video solutions
that satisfy the high-level needs of security and internal content
management and delivery that enterprises require; its solutions
help businesses gain competitiveness by sharing information via
video,” said Naoaki Mashita, Founder and CEO of V-cube, Inc. “Going
forward, we believe the needs of enterprises will drive the merging
of two business areas: interactive visual communication, the
strength of V-cube; and video content management for enterprise,
the strength of Qumu.”
“Partnering with a leader like V-cube opens significant
opportunity for Qumu in Japan and Asia Pacific,” said Vern Hanzlik,
president and CEO of Qumu. “We are confident that working together,
we can provide even more value to our partners and customers with
video communications solutions that are secure, scalable and easy
to use.”
V-cube expects this partnership to reduce their development cost
for content management; they plan to localize Qumu solutions, which
lead the industry and are valued by customers; the solution will be
deployed in both Japan and other Asian countries.
V-cube will enhance its competitiveness by leveraging their
highly available current services that provide in-company
communications such as employee training or information sharing. By
providing strong support to Qumu Japan’s existing partners and
customers, they will also aim to expand the enterprise video market
and to gain significant share.
V-cube will also develop new solutions integrating the two
companies’ services. Exploiting their cloud service sales force in
Japan, V-cube will assertively promote service partnerships with
overseas companies that are seeking Japanese market entry and
advanced B2B solution development.
Background of partnership
The way enterprises work is being transformed by new
communication technology. The spread of tablet devices and
smartphones and expanding IT services are driving communication
without time or distance barriers; companies, especially the
biggest businesses, are eager to use these tools to enhance
corporate information sharing and to improve their business
efficiency and competitiveness. Visual communication services and
video content management solutions must be integrated well to
support related needs such as managing network loads, security,
simple content creation, and video delivery based on individual
user needs.
Details of partnership
1. Sales expansion of the Qumu video content management
solutionV-cube will work with Qumu Japan, the local subsidiary of
Qumu in Japan to provide strategic distribution of Qumu solutions.
Leveraging the business infrastructure of V-cube, Qumu Japan will
enhance existing partner sales, develop new solutions, installation
support and customer service.
2. New solution developed from the partnershipBy aligning the
two companies’ services and solutions, V-cube aims to generate an
enterprise communication platform covering real time communications
such as Web conferences, web seminars, video content editing, HR
employee training, and corporate message delivery.
Future deployment
Both companies will deploy the Qumu video content management
solution in the Asian market, using the sales network of V-cube. We
plan to deploy the Qumu video content management solution on our
data centers in Asia to optimize usage. V-cube will also combine
its own services with the Qumu video content management
solution.
About Qumu Corporation
Video is today’s document. Qumu (NASDAQ: QUMU) provides the
tools businesses need to create, manage, secure, deliver and
measure the success of their videos. Qumu's innovative solutions
release the power in video to engage and empower employees,
partners and clients. Organizations around the world realize the
greatest possible value from video they create and publish using
Qumu. Whatever the audience size, viewer device or network
configuration, Qumu solutions are how business does video.
www.qumu.com
About V-cube
V-cube conducts visual communication business, which realizes
communication between distant places with video and sound that used
to require physical transportation. “V-cube,” a system of Web
conference and Web seminar, has nine-year top share in the Japanese
Web conference service (SaaS) market*; this service is actively
used not only as a conference system but also in the various
communication scenes such as training and education.
*Source: Seed Planning, Inc., “2016 The Latest Market Trend of
Products for Video Conference, Web Conference, Voice Conference,
and UC.”
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160901005990/en/
Qumu CorporationPete Steege, +1-952-638-9084Director of
Marketing CommunicationsorV-cube, Inc.Public Relations team,
President secretariatTEL +81-3-5768-3308, FAX:
81-3-6866-5601E-mail: release@pj.vcube.co.jp
Qumu (NASDAQ:QUMU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Qumu (NASDAQ:QUMU)
Historical Stock Chart
From Apr 2023 to Apr 2024