Avid® (Nasdaq:AVID), a leading global media technology provider for
the creation, distribution and monetization of media assets for
global media organizations, enterprise users and individual
creative professionals, along with Avid Customer Association (ACA)
leadership, today announced the opening of the second annual ACA
Vote to help prioritize Avid’s product and innovation roadmap for
2018 and beyond, as well as exclusively gather unique insights and
viewpoints from the media industry’s preeminent customer and user
community. Results from the vote will be revealed in front of the
ACA membership at the fifth annual Avid Connect conference (April
6-8, 2018), to be held immediately before NAB 2018 in Las Vegas.
Through its rapid enrollment process, the ACA is also helping
qualified TV, film and music professionals who are not yet taking
part in the ACA to easily join the association and deliver their
own opinions before the first round of voting closes in early
February 2018.
The ACA Vote, first launched last year, resonated loudly and had
a positive and rapid impact for the community: within nine months
of unveiling the inaugural vote’s results at Avid Connect in April
2017, Avid has already released more than 60 enhancements, features
and products called for by voters who represented 4,000+
organizations across 109 countries. In addition to influencing
Avid’s innovation priorities, the inaugural vote also polled the
community’s viewpoint on key technology trends, which last year
underscored the importance of cloud infrastructure, IP
connectivity, UHD/4K content creation, and virtual and augmented
reality.
“The media landscape is presenting new opportunities for
innovation, largely driven by the digital shift that is
altering consumer habits, influencing business models and
changing many fundamental elements of how media enterprises are
thinking about their business operations, and how creative
professionals are thinking about their production
workflows and content supply chain,” said Darren Long, Sky’s
Director of Production Services and Board Co-chairman of the Avid
Customer Association. “The ACA’s annual vote provides a unique and
effective forum for the media community to have a direct voice into
the strategy, technology direction and product roadmaps of one of
the industry’s most influential media technology suppliers. At the
same time, our massive and growing membership has become the best
possible means for anyone to obtain a vivid and comprehensive
outlook on the technologies underlying this multi-billion dollar
industry.”
Following its mission to also foster greater understanding of
industry challenges and opportunities, as part of the ACA Vote this
year, the ACA leadership and Avid have appointed Devoncroft
Partners -- one of the leading research providers covering media
technology – to help expand the efforts of surveying, capturing and
analyzing the valuable viewpoints from the community on evolving
business dynamics, emerging trends and technology directions that
are important to the media industry. Avid and the ACA, together
with Devoncroft Partners, will present the key outcomes of this
survey during Avid Connect 2018.
“The Avid Customer Association has doubled in size to more than
20,000 members since our inaugural ACA Vote last year because the
industry clearly saw the privilege and benefit of ACA membership
with its direct and actionable impact on Avid’s strategic
priorities, allowing us to best address their most pressing needs
through our products and solutions offering,” said Avid Chairman
and CEO Louis Hernandez, Jr. “We love this time of year at
Avid and the ACA. The vote’s opening kicks off the countdown to the
big moment of Avid Connect, when any professional in television,
film and music from individual creatives to media enterprise
leaders will get the true measure of our industry’s technological
aims and opportunities, and get to work on them with us. Avid
is proud to be the only vendor committed to working in concert with
stakeholders across the media business on the unprecedented scale
of ACA.”
Participate in the ACA VoteRound one of the
second annual ACA Vote will end in early February 2018. Round two
will enable the community to vote on the top findings from round
one. Register to vote at: www.avidcustomerassociation.com/vote.
Reserve a spot for Avid Connect 2018Thousands
of ACA members convene for the annual Avid Connect events, which
immediately precede National Association of Broadcasters (NAB)
conferences each year. The fifth annual gathering, Avid Connect
2018 (April 6-8, 2018 at the Wynn Las Vegas Hotel), will give
attendees the opportunity to interact and explore “Innovation in
Action” across the global media and entertainment industry.
Register to attend at www.avidconnect2018.com.
About the Avid Customer AssociationParticipants
throughout the media and entertainment ecosystem are confronting
increased pressures and competition as digital disruption is
impacting content creation, management, delivery and
monetization. In response, Avid, along with its customers,
established the ACA as the world’s most innovative and influential
media technology community representing organizations and
professionals from all levels of the industry—fostering deep
collaboration between Avid and the people who are most passionate
about capturing opportunities to thrive amid industry change and
disruption. Any professional working in media and
entertainment can improve their opportunity, understanding and
connectivity through ACA membership, which is free of charge for
any qualified member of the community. Learn more
at www.avidcustomerassociation.com.
About AvidThrough Avid Everywhere®, Avid
delivers the most open and efficient media platform, connecting
content creation with collaboration, asset protection,
distribution, and consumption. Avid’s preeminent customer
community uses Avid’s comprehensive tools and workflow solutions to
create, distribute and monetize the most watched, loved and
listened to media in the world—from prestigious and award-winning
feature films to popular television shows, news programs and
televised sporting events, and celebrated music recordings and live
concerts. With the most flexible deployment and pricing options,
Avid’s industry-leading solutions include Media Composer®, Pro
Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®,
Avid VENUE™, Avid FastServe™, Maestro™, and PlayMaker™. For more
information about Avid solutions and services, visit www.avid.com,
connect with Avid on Facebook, Instagram, Twitter, YouTube,
LinkedIn, or subscribe to Avid Blogs.
© 2017 Avid Technology, Inc. All rights reserved. Avid, the Avid
logo, Avid Everywhere, Avid NEXIS, Avid FastServe, AirSpeed, iNews,
Maestro, MediaCentral, Media Composer, PlayMaker, Pro Tools, Avid
VENUE, and Sibelius are trademarks or registered trademarks of Avid
Technology, Inc. or its subsidiaries in the United States and/or
other countries. All other trademarks are the property of their
respective owners. Product features, specifications, system
requirements and availability are subject to change without
notice.
PR Contacts:AvidAmy Paladino
amy.paladino@avid.com +1 (617) 733-5121
Red Lorry Yellow Lorry (Avid’s PR agency)Josh Paterson – UKTanya
Roberts – USAavid@rlyl.com
Avid Technology (NASDAQ:AVID)
Historical Stock Chart
From Apr 2024 to May 2024
Avid Technology (NASDAQ:AVID)
Historical Stock Chart
From May 2023 to May 2024