Frost & Sullivan Recognizes Brightcove with the Market Leadership Award for Global Online Video Platforms
August 11 2016 - 9:10AM
Business Wire
“Pioneer of online video” tops competitors in
market share, optimized video solutions, global presence, and
growth strategies
Brightcove, Inc. (NASDAQ: BCOV), a leading global provider of
cloud services for video, announced today that Frost & Sullivan
has awarded Brightcove with its 2016 Market Leadership Award for
Global Online Video Platforms (OVP). Brightcove, which was selected
for the Award in 2011, 2012, and 2014, was again recognized for its
ongoing dominance in market share, brand strength, and growth,
including both product and global expansion.
“When consumers turned to computer screens and mobile devices
for online video watching, Brightcove helped create the original
online video platform for media companies and enterprises. Twelve
years later, the company continuously updates its offerings to give
customers a market-leading, holistic solution for online video
management,” explained Aravindh Vanchesan, industry manager at
Frost & Sullivan. He continued, “Focusing on building strong
partnerships with customers has helped Brightcove maintain its
market leadership position as it expands globally.”
David Mendels, Brightcove’s Chief Executive Officer, said, “It’s
an honor to receive this recognition from Frost & Sullivan. At
a time of tremendous change and growth in the online video market,
Brightcove remains at the heart of the industry, developing
innovative new products, and distinguishing itself as a global
brand. Partnering with our customers, we help them use video to
drive business performance, enhancing and monetizing the experience
customers have with their brands.”
Frost & Sullivan singled out Brightcove for the following
achievements.
- Ongoing market dominance.
Brightcove continues to lead the competition in market share.
- Breadth of easy-to-use, scalable
video products. Brightcove is a “one-stop-shop” for media
organizations, digital marketers, and enterprises. Customers
looking for a complete all-in-one video marketing solution can find
it in Brightcove’s Video Marketing Suite. Organizations with
existing video technology capabilities can take advantage of
Brightcove’s modular product approach by selecting from
industry-leading offerings for video hosting and publishing (Video
Cloud), players (Perform), transcoding (Zencoder), server-side ad
insertion (Once), and OTT (OTT Flow).
- Outstanding customer experience.
Brightcove optimizes every customer’s implementation based on their
business requirements and through its onboarding process prepares
each customer to achieve its anticipated business ROI.
- Strong global brand and growth
strategy excellence. Early and sustained international efforts
have enabled Brightcove to dominate the OVP market in Australia and
Japan and to enjoy a strong presence in Europe and other Asian
markets. Ongoing enhancements to its products and services have
kept Brightcove in a leadership position.
A copy of the Frost & Sullivan report can be downloaded
here.
About BrightcoveBrightcove, Inc. (NASDAQ:BCOV) is the
leading global provider of powerful cloud solutions for delivering
and monetizing video across connected devices. The company offers a
full suite of products and services that reduce the cost and
complexity associated with publishing, distributing, measuring, and
monetizing video across devices. Brightcove has nearly 5,000
customers in over 70 countries that rely on the company’s cloud
solutions to successfully publish high-quality video experiences to
audiences everywhere. To learn more, visit www.brightcove.com.
This press release may include forward-looking statements
regarding anticipated objectives, growth and/or expected product
and service developments or enhancements. Such forward-looking
statements may be identified by the use of the following words
(among others): "believes," "expects," "may," "will," "plan,"
"should" or "anticipates," or comparable words and their negatives.
These forward-looking statements are not guarantees but are subject
to risks and uncertainties that could cause actual results to
differ materially from the expectations contained in these
statements. For a discussion of such risks and uncertainties, see
"Risk Factors" in the Company's filings with the Securities and
Exchange Commission, including its most recent annual report on
Form 10-K. Brightcove assumes no obligation to update any
forward-looking statements contained in this press release in the
event of changing circumstances or otherwise, and such statements
are current only as of the date they are made.
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Press ContactsNorth America:Waggener Edstrom for
BrightcoveMorgan Witte,
512-527-7025mwitte@we-worldwide.comorEurope:Waggener Edstrom for
BrightcoveRebecca Lake, + 020 7632 3856rlake@we-worldwide.com
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