Video solutions pioneering innovator SeaChange International Inc.
(NASDAQ:SEAC) today debuted a new video management and delivery
platform, PanoramiC, that equips video providers with a
comprehensive cloud-based, end-to-end service designed to optimize
and personalize their viewers’ video experience. This new, highly
scalable Platform as a Service (PaaS) offering enables video
providers to quickly and cost-effectively deploy complete
multi-screen video services for live/linear, VOD and time-shifted
TV, across both managed IP and unmanaged OTT networks.
PanoramiC is a turnkey, fully integrated delivery platform with
a powerful standard set of advanced functions and multiple
monetization models. PanoramiC combines the scalable components of
the SeaChange cFlow™ video management and monetization portfolio
with complementary streaming solution elements from ATEME,
ATES Networks, Broadpeak, and castLabs.
This combination of pre-integrated, multi-vendor “best-of-breed”
platform elements with a subscription-based service model offers a
robust, cost-effective, market-proven option for video providers
building their multiscreen video businesses.
"OTT delivery disrupted video entertainment. PanoramiC is now
disrupting the way OTT and IP-based video platforms are built,"
said Ed Terino, Chief Executive Officer, SeaChange. "With
PanoramiC, we've solved several key challenges by enabling video
providers to control, manage, personalize and monetize their
multi-screen/VOD offerings with an open, modular and
fully-integrated cloud-based platform. In doing so, we’re enabling
the democratization of ‘video everywhere’ and facilitating new
opportunities, business models and industries.”
PanoramiC supports delivery to a wide array of viewer devices,
including Android TV, Android mobile, tvOS, iOS, smart TVs, set-top
boxes, and browsers, allowing quick and efficient deployment of
video across multiple platforms. And with built-in capabilities
including workflow (transcoding, DRM, packaging, and more),
meta-data enrichment, authentication, session management,
merchandising and user experience management, video providers can
deliver rich, increasingly personalized and engaging viewing
experiences – indivisual™ experiences – to their
customers.
“Video providers are looking for an IP digital platform on which
they can quickly and reliably launch new services, using a ‘pay as
you grow’ model,” said Jacques Le Mancq, President and CEO,
Broadpeak. “We recognize that the PanoramiC platform, built from
best-of-breed components including our origin packager and
streaming technologies, will answer that need, and help video
providers differentiate while achieving an unbeatable time to
market.”
“We embraced the opportunity to work with the SeaChange to offer
a more open, multi-vendor solution that could simplify the
management of increasingly complex workflows that our customers
face in the age of online video,” said Michael Stattmann, CEO at
castLabs. "We are excited that our DRMtoday solution will be one of
PanoramiC’s inaugural "best of breed" elements.”
The PanoramiC Platform's advanced video services and
monetization benefits include: Live OTT (EPG, Subscription,
Pay-Per-View, Day-Pass), Time-shifted TV (Pause live, Restart,
Catch-up) and VOD (SVOD, AVOD, FVOD, Download2Play). In addition,
the platform’s highly competitive Pay-As-You-Grow subscription
pricing delivers a flexible and scalable deployment model for video
service providers of any sector or size. Additional PanoramiC
features include:
- Automated Content Management
- Powerful Back-office, Merchandising and Offer Management
- Premium Client Software (UI/UX)
- CRM Provisioning
- EPG Ingest
- Live Stream Ingest
- Multi-DRM
- Entitlement Check
- CDN Origin
- Key Management
- Transcoding
- HLS/DASH Support
- Client SSO
“By working with our customers over many years, we know that
building and maintaining a comprehensive, reliable streaming
platform requires a great deal of time, expertise, and money,” said
Michel Artières, President and CEO, Ateme. “We embraced the
opportunity to enable SeaChange to offer a more open, multi-vendor
solution that could simplify the management of increasingly complex
workflows that our customers face in the age of online video.”
“The needs of today’s video providers require a comprehensive
‘big picture’ perspective on increasingly complex video operations
that only SeaChange can bring,” said Terino. “We recognized that an
open, pre-integrated multi-vendor processing and delivery solution,
built around a strong video management foundation, would offer the
benefits of multi-vendor innovation, rapid service deployment and
accelerated feature creation – all under a single PaaS subscription
model. PanoramiC is our response to this pressing industry
need.”
About SeaChange International For 25 years,
SeaChange (Nasdaq:SEAC) has pioneered innovative solutions to help
video providers around the world manage and monetize their content.
As the video industry rapidly evolves to meet the “anytime,
anywhere” demands of today’s viewers, SeaChange’s comprehensive
content, business, viewer experience and advertising management
solutions provide a mature, network-agnostic, cloud-enabled
platform of scalable core capabilities that video service
providers, broadcasters, content owners and brand advertisers need
to create the personalized, indivisual™ experiences that drive
viewer engagement and monetization. For more information, please
visit www.seachange.com.
Safe Harbor Provision Any statements contained
in this press release that do not describe historical facts,
including regarding future operations of SeaChange , are neither
promises nor guarantees and may constitute “forward-looking
statements” as that term is defined in the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking statements may
include words such as “may,” “might,” “will,” “should,” “expects,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,”
“potential” or “continue,” the negative of these terms and other
comparable terminology. Any such forward-looking statements
contained herein are based on current assumptions, estimates and
expectations, but are subject to a number of known and unknown
risks and significant business, economic and competitive
uncertainties that may cause actual results to differ materially
from expectations. Numerous factors could cause actual future
results to differ materially from current expectations expressed or
implied by such forward-looking statements, including the risks and
other risk factors detailed in various publicly available documents
filed by the Company from time to time with the Securities and
Exchange Commission (SEC), which are available at www.sec.gov,
including but not limited to, such information appearing under the
caption “Risk Factors” in the Company’s Annual Report on Form 10-K
filed with the SEC on April 16, 2018. Any forward-looking
statements should be considered in light of those risk factors. The
Company cautions readers not to rely on any such forward-looking
statements, which speak only as of the date they are made. The
Company disclaims any intent or obligation to publicly update or
revise any such forward-looking statements to reflect any change in
Company expectations or future events, conditions or circumstances
on which any such forward-looking statements may be based, or that
may affect the likelihood that actual results may differ from those
set forth in such forward-looking statements.
Contacts:
Press:Kurt
MichelSeaChange+1 (978) 889-3001Kurt.michel@schange.com |
Investors:Mary T.
ConwayConway Communications+1
(781)-772-1679marytconway@comcast.net |
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