SAN JOSE, Calif., Sept. 14, 2017 /PRNewswire/ -- At IBC2017,
Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery
technology and services, today announced expanded media processing
and delivery workflow capabilities for its VOS™ media processing
platform to simplify OTT delivery. New workflow orchestration and
delivery functionalities, including streamlined content capture,
UHD support, personalized ad insertion, and multi-cloud support,
are available for VOS Cloud media processing software and VOS 360
managed services. Harmonic has also launched a new stand-alone
media origin workflow offering from the VOS platform. Together,
these enhancements advance the distribution of OTT content,
enabling video content and service providers to deliver
crystal-clear video quality on every screen.
"The global OTT video market is experiencing explosive growth,
according to Digital TV Research, with revenues expected to
reach $64.8 billion by 2021. The
latest enhancements to Harmonic's VOS cloud-native solutions allow
video content and service providers to capitalize on those revenue
opportunities," said Bart Spriester,
senior vice president, video products at Harmonic. "At IBC2017, we
are excited to demonstrate a range of improvements to our OTT
solutions portfolio. By enhancing the capabilities of OTT
workflows, from acquisition to delivery, Harmonic is enabling
better video experiences for consumers and accelerating the time to
market for new must-have services."
The VOS media processing platform offers best-in-class video
compression and optimization for OTT, enhanced time-shifted TV
capabilities and new streamlined content capture, including support
for MXF and MPEG-2 transport stream files, with asset acquisition
from local and cloud storage. The solutions also provide a leap
forward in QoE for OTT services through newly added UHD encoding
and streaming support.
Harmonic's VOS media processing platform enables dynamic ad
insertion for live and VOD OTT
streams to increase OTT monetization. Through this capability, ads
can be made more relevant to the viewer through hyper-targeting,
resulting in increased revenues for OTT operators.
To provide true infrastructure independence, maximum reliability
and cost-effectiveness, the VOS offerings allow video content and
service providers to deliver OTT services from multiple public
cloud platforms, such as AWS and Google Cloud, simultaneously.
As video content and service providers look to speed up time to
market for OTT offerings, origin solutions are key to the workflow.
The new stand-alone version of the media origin workflow in VOS
software enables pay-TV operators to seamlessly upgrade their
infrastructure to publish and originate live, time-shift TV and
VOD OTT streams to an onsite CDN,
directly to cache servers, or to third-party CDN services. This
solution supports fMP4 version HLS through the use of CMAF media
fragments, enabling operators to simplify the delivery of OTT
services as well as target new UHD OTT devices.
Harmonic will demonstrate the latest enhancements to its OTT
solutions portfolio at stand 1.B20 at IBC2017 in Amsterdam, Sept.
15-19. Further information about Harmonic and the company's
products is available at www.harmonicinc.com.
About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery
technology and services, enables media companies and service
providers to deliver ultra-high-quality broadcast and OTT video
services to consumers globally. The company has also revolutionized
cable access networking via the industry's first virtualized CCAP
solution, enabling cable operators to more flexibly deploy gigabit
internet service to consumers' homes and mobile devices. Whether
simplifying OTT video delivery via innovative cloud and
software-as-a-service (SaaS) technologies, or powering the delivery
of gigabit internet cable services, Harmonic is changing the way
media companies and service providers monetize live and VOD content
on every screen. More information is available at
www.harmonicinc.com.
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 related to the anticipated capabilities and benefits of
Harmonic's VOS products. Our expectations and beliefs
regarding these matters may not materialize and are subject to
risks and uncertainties, including the possibility that such
products will not meet some or all anticipated capabilities or
provide some or all anticipated benefits, such as our customers
successfully using VOS solutions to capitalize on revenue
opportunities.
The forward-looking statements contained in this press
release are also subject to other risks and uncertainties, such as
those more fully described in Harmonic's filings with the
Securities and Exchange Commission, including its Annual Report on
Form 10-K for the year ended Dec.31, 2016, its Quarterly Reports on
Form 10-Q and its Current Reports on Form 8-K. The forward-looking
statements in this press release are based on information available
to Harmonic as of the date hereof, and Harmonic disclaims any
obligation to update any forward-looking statements.
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SOURCE Harmonic