SOUTH SAN FRANCISCO, Calif., June 9, 2014 (GLOBE NEWSWIRE) -- Envivio (Nasdaq:ENVI), a leading provider of software-based video processing and delivery solutions, today announced that Envivio executives will present the value of deploying cloud-based video at upcoming events on three continents:
Americas (San Francisco): TV of Tomorrow, June 10
Europe (London): Connected TV Summit, June 11
Asia (Singapore): Broadcast Asia, June 18
At the events, company executives will explain how the proliferation of cloud-based video services helps operators stay competitive by facilitating ongoing expansion and technology migration, shortening time-to-market and minimizing costs, while maintaining best-in-class video quality and reliability.
Envivio CEO and Co-Founder Julien Signes commented, "Cloud-based video brings an unprecedented level of efficiency and flexibility to a service provider's video infrastructure. Just as other industries have learned to rely on cloud services for new growth opportunities and operational flexibility, video service providers are beginning to trust and adopt cloud technology for video as they have for their IT services," Signes added.
Envivio's turnkey, end-to-end, cloud-based video software platform significantly reduces time-to-market and cost by employing an OPEX-based 'pay-as-you-grow' model that allows content and service providers to scale the service with usage.
"Our cloud-based video SaaS platform incorporates all the components needed to launch and scale multi-screen or premium OTT services with best-in-class video quality and reliability, including encoding, packaging, DRM, billing, ad mediation, CDN, and app creation for connected devices," added Envivio's VP of Strategy and Corporate Development Arnaud Perrier. "Customers can go to market in less than month, with no upfront CAPEX investment."
Envivio's software has been fully virtualized and commercially deployed on a large scale at a leading U.S. cable operator, and for a tier 1 operator in Europe for live OTT channels delivered to the big screen. For more information about Envivio's cloud-based video software platform, visit www.envivio.com.
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.
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.
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