Qumu Demonstrates 360 Degree Video Integration
February 11 2016 - 9:00AM
Business Wire
Business video innovation leader shows feasibility of adding
virtual reality content to existing enterprise video
infrastructures
Qumu (NASDAQ: QUMU), the leader in enterprise video, today
announced that it has demonstrated 360 degree streaming video
content playing in an enterprise video portal. The innovative test
shows the potential of 360 degree video and other virtual reality
formats in enterprise environments.
An internally conducted survey sampling representatives from
Qumu’s customer base shows that over 65% of enterprises believe
that 360 degree video will play a key role in enterprise video
content strategy within the next 3 years. And the content creation,
management, and distribution strategies for 360 degree video will
likely become the entry point to enterprise virtual reality, which
market research firm Tractica projects to grow to become a $4.5
billion market by 2020.
As employees, customers, and partners increasingly rely on video
for their core communications, enterprise applications, portals and
networks, Qumu is demonstrating its forward-thinking vision and
leadership for video today.
“The video market has changed more in the last 18 months than in
the prior five years,” said Vern Hanzlik, president and CEO of
Qumu. “Exploring possibilities like 360 degree video is critical to
give our customers the earliest possible access to these
technologies and to advance video innovation for business. As the
leader in enterprise video, the Qumu team has been working on 360
degree video for some time now and we are excited to share our
lessons learned with the community.”
Watch a demonstration of 360 degree video
Qumu is sharing its findings and demonstrating 360 degree video
feasibility in a vidcast – the first episode of the Qumu Technology
Innovators series, now playing on the Qumu blog. Technology
Innovators is a monthly program exploring the latest in video
technology, applied to the enterprise.
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
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Qumu CorporationPete Steege, 952-638-9084Director of Marketing
Communications
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