Beamr teams with NVIDIA to accelerate Beamr technology on NVIDIA GPUs
March 27 2023 - 08:00AM
GlobeNewswire Inc.
Beamr Imaging Ltd. (Nasdaq: BMR) Today, Beamr is announcing that
its video encoding technology, which enables significant reduction
in video bitrate while maintaining visual quality, officially
supports NVIDIA GPU acceleration, offering up to 10x faster
encoding speed on NVIDIA GPUs compared to CPUs.
Beamr’s optimization was previously required to
be run offline for an entire content library to benefit from large
video file size reduction before being able to stream it.
Businesses running Beamr on NVIDIA GPUs can now benefit in real
time from storage and bitrate gains for live video streams,
preserving quality for optimal user experience.
Beamr on NVIDIA GPU supports AVC, HEVC and
royalty-free AV1, spanning across the three leading video codec
standards available on the market, serving all needs up to 8K HDR
quality. NVIDIA GPUs are available on all major cloud
platforms.
“Working closely with NVIDIA for the past two
years, we are thrilled to offer a real-time video optimization
solution that delivers up to 10x performance at an affordable cost.
With our recent NASDAQ introduction, we plan to develop a
cloud-based Software-as-a-Service (SaaS) with highly competitive
pricing, making video optimization accessible to everyone at
blazing speed thanks to our collaboration with NVIDIA,” said Sharon
Carmel, Founder and CEO of Beamr.
“NVIDIA has provided GPU-accelerated video
encoding technology for over a decade, and now we are opening our
API to allow more custom control of our hardware,” said Bob Pette,
vice president of professional visualization at NVIDIA. “Beamr is
the first to adopt this technology, and combining high-performance
NVIDIA GPU video encoding with Beamr's technology will provide
content providers with significant bitrate and storage reduction
without compromising on livestreaming quality.”
50 enterprise customers are already using the
Beamr platform. The company expects the launch of its new SaaS
service, with beta planned in Q3 2023, to attract a large number of
new customers.
About Beamr
Beamr (Nasdaq: BMR) is the world leader in content adaptive video
solutions. Backed by 53 granted patents, and winner of the 2021
Technology and Engineering Emmy® award and the 2021 Seagate Lyve
Innovator of the Year award, Beamr's perceptual optimization
technology enables up to a 50% reduction in bitrate with guaranteed
quality. www.beamr.com
Forward-Looking Statements
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are based on assumptions as to future events that may not prove to
be accurate. For a more detailed description of the risks and
uncertainties affecting the Company, reference is made to the
Company’s reports filed from time to time with the Securities and
Exchange Commission (“SEC”), including, but not limited to, the
risks detailed in the Company’s final prospectus (Registration
No. 333-262904), dated February 27, 2023 and filed with the SEC.
Forward-looking statements contained in this announcement are made
as of the date hereof and the Company undertakes no duty to update
such information except as required under applicable law.
Investor Contact:Danny Sandler, Chief Financial
Officerinvestorrelations@beamr.com
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