Envivio (Nasdaq:ENVI), a leading provider of software-based video
processing and delivery solutions, today announced new cloud-based
video processing solutions. Envivio is integrating its core
software, Envivio Muse™ encoders and Envivio Halo™ network media
processors, into OpenStack cloud software, an open source project
with more than 200 companies as contributors. Envivio is also
partnering with the leading over-the-top (OTT) streaming platform,
1 Mainstream, to deliver a turnkey end-to-end cloud-based video
service.
Envivio's software has been fully virtualized and commercially
deployed on a large scale at a leading cable operator in the United
States, using VMWare's virtualization and cloud infrastructure
solutions. Envivio and 1 Mainstream have also already teamed to
deliver a cloud video service for a Tier 1 operator in Europe who
wanted to quickly deliver live OTT channels to the big screen.
"With consumer technology rapidly changing and adoption
accelerating, operators now look for faster time to market and
greater flexibility to roll out and to scale their multiscreen
services," said Arnaud Perrier, vice president of strategy and
corporate development for Envivio. "Deploying our software in a
private or public cloud environment with OpenStack makes launching
and operating video services much easier and cost effective. Those
looking to entirely eliminate CAPEX can opt for our end-to-end
cloud service."
Cloud software
Media and IT operations are now converging thanks to
software-based video processing. Service providers can reduce their
operational costs by unifying their infrastructure and managing
video operations as another application in their cloud, alongside
other applications such as email and web portals.
Operators can virtualize, scale and upgrade video processing
infrastructure as needed with Envivio, either in a private cloud
environment or leveraging the public cloud to deliver their video
services. They can benefit from the flexibility and elasticity of
the cloud—without suffering any impact on critical broadcast
requirements of video quality and density—using Envivio software
fully virtualized in a real-time environment.
End-to-end cloud service
Envivio and 1 Mainstream are collaborating to offer a turnkey
end-to-end any-screen video service in the cloud. This fully
integrated video delivery service significantly reduces
time-to-market and cost by employing a pay-as-you-grow model that
allows content and service providers to scale the service with
usage. The end-to-end services available include encoding,
packaging, digital rights management (DRM), billing, ad mediation,
content delivery network (CDN) and apps. Video delivery is
currently available on high engagement platforms such as Apple TV,
XBox, Roku, Amazon Fire TV, iOS/Android tablets, and Samsung Smart
TVs.
"Envivio's products speak for themselves when it comes to
quality, clarity, and reliability," said 1 Mainstream CEO Rajeev
Raman. "Integrating them into our cloud video platform will unlock
extraordinary opportunities for pay TV operators, broadcasters, and
networks that have been cost-, speed-, and scale-constrained thus
far."
The 1 Mainstream and Envivio service will be on display at the
Envivio booth #SU6202 during NAB 2014. Envivio will also showcase
dynamic video encoding and network provisioning in a fully
virtualized OpenStack environment at NAB, demonstrating this new
workflow approach for cloud software running in an IT
datacenter.
More than 300 content and service providers around the globe
have selected Envivio to power their multi-screen and pay TV
services. Visit www.envivio.com to learn more about TV without
boundaries.
About Envivio
Envivio (Nasdaq:ENVI) is the leader in software-based video
processing and delivery solutions for any screen, with over 300
content and service provider customers worldwide. Envivio solutions
remove the boundaries of traditional television and enable
operators to increase their revenues, by providing viewers with
best-in-class video quality and a compelling, personalized
experience. Envivio is headquartered in South San Francisco,
California and has offices worldwide including France, England,
China, Singapore and Japan. Visit www.envivio.com for more
information.
About 1 Mainstream
1 Mainstream (Cupertino, CA) is the leading over-the-top (OTT)
streaming platform for broadcasters and operators to deploy HD
services in weeks across the most popular TV, game console, tablet,
and Web devices. Leading broadcasters, such as BSkyB, use 1
Mainstream to automate native app creation, content delivery and
protection, and monetization. For more information, visit
www.1mainstream.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, including
statements about the anticipated benefits and features of Envivio's
products. Actual results may vary materially due to a number of
factors including, but not limited to, the risk that, capital
spending in our target markets decreases or is delayed, we are
unable to maintain profitability, our relationship with our channel
partners is disrupted, as well as other risks that are detailed
from time to time in Envivio's SEC reports, which can be found at
www.sec.gov. Envivio is under no obligation to (and expressly
disclaims any such obligation to) update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise. Information contained in our website is
not incorporated by reference in, or made part of this press
release.
This information is intended to outline our general product
direction, is not a commitment, promise or legal obligation to
deliver any material, code, or functionality, and should not be
relied on in making a purchasing decision. The development,
release, and timing of any features or functionality described for
our products remains at our sole discretion. Envivio reserves the
right to modify future product plans at any time. These new
software options may be purchased separately when and if
available.
Editor's Note: All trademarks used herein, whether recognized or
not, are the properties of their respective companies.
CONTACT: Envivio
Sarah Lum
pr@envivio.com
+1.650.243.2710
The Blueshirt Group
Investor Relations for Envivio
Cynthia Hiponia or Alice Kousoum
ir@envivio.com
+1.650.243.2702
Environmental Impact Acq... (NASDAQ:ENVI)
Historical Stock Chart
From Apr 2024 to May 2024
Environmental Impact Acq... (NASDAQ:ENVI)
Historical Stock Chart
From May 2023 to May 2024