MANSFIELD, MA -- (Marketwire) -- 02/16/11 -- IneoQuest Technologies, Inc., the global leader of intelligent video quality and service assurance, today announced it is the recipient of two global Frost & Sullivan awards for 2011, the "Global Market Share Leadership in IP Video Network Management" and the "Global Entrepreneurial Company of the Year Award in Digital Media Delivery." These honors recognize the Company's market share, continued product innovation and international expansion.
In the last 10 years, IneoQuest has continuously focused on developing a range of products that solve the challenges companies face in meeting customer expectations for high-quality video delivery. To address these challenges, IneoQuest has gone above and beyond the competition as the first and only company with a solution that monitors both quality of service (QoS) and quality of experience (QoE). Also, in efforts to stay ahead in the market, IneoQuest has invested in offering solutions that help improve video quality when delivering through video-on-demand (VOD) and over the top (OTT).
As a proponent of industry standards that further the video experience, IneoQuest has also contributed toward the development of the Society of Cable Telecommunications Engineers (SCTE) 168-6 2010 "Recommended Practice for Monitoring Multimedia Distribution Quality." In addition, IneoQuest developed the patented Media Delivery Index (MDI), a set of measurements utilized by operators worldwide in their diagnostic strategy, as well as the VeriStream technology to help monitor the QoS of adaptive streaming.
In recognition of these efforts, Frost & Sullivan awarded IneoQuest the "Global Market Share Leadership Award in IP Video Network Management," acknowledging their ability to continually capture the highest market share within its industry. According to the research, "IneoQuest's growth rate for the years 2007 and 2009 were pegged at 220.0 percent and 41.0 percent respectively. This growth rate is higher than what was witnessed by its chief competitors in this market space."
"The company has to be especially commended for capturing a market share of 29.9 percent for 2010 in a highly competitive market," says Industry Analyst, Sashankh Kale.
IneoQuest received further acknowledgement with the "Global Entrepreneurial Company of the Year Award in Digital Media Delivery," which recognizes the Company's comprehensive growth strategy and ability to expand into international markets with its comprehensive product line. As Kale states, "Being a company that is highly intuitive about its customers' most specific market and technological needs, IneoQuest has also been able to leverage its first-mover advantage in many areas of the market space." For example, IneoQuest has helped service providers correlate QoS and QoE monitoring for hundreds of programs using the high-capacity probe Expedus DVA, enabling them to deliver top quality video to their subscribers and optimize operational efficiency.
"To win two global awards honoring our innovation and industry leadership in video delivery is a monumental achievement," said Marc A. Todd, CEO and president, IneoQuest. "Our team has consistently remained focused on successful expansion into international markets, which is demonstrated by our impressive growth rates and market share today. We are always looking to take the next step in video quality assurance and offer high-quality solutions that go beyond what the industry expects, and we plan to continue this aggressive growth strategy in the future."
IneoQuest, the global leader on intelligent video quality and service assurance, delivers award-winning solutions to help cable, satellite, telecommunications and broadcast providers to improve quality of service (QoS) and quality of experience (QoE), and control operational costs.
Leading video service and content providers rely on IneoQuest's pioneering methods and metrics to ensure delivery of all video services including 3D TV, Adaptive Multirate Streaming or Video on Demand (VOD) to any fixed or mobile screen. Among other corporate and technical achievements, IneoQuest contributed to the development of the SCTE 168 2010 Recommended Practice for Monitoring and developed the patented Media Delivery Index (MDI). This innovation has driven IneoQuest to be recognized by Inc. magazine as one of the fastest growing companies in North America for four years in a row.
Headquartered in Mansfield, Massachusetts, IneoQuest has sales operations in the North American, European, Asian and Latin American regions. More information is available at www.IneoQuest.com.
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