ATLANTA -- (BUSINESS WIRE) -- Concurrent (NASDAQ:CCUR), a global leader in multi-screen video delivery and media data intelligence solutions, today announced a new software solution that enables service providers to stream content from cloud hosted video libraries, simplifying content distribution and reducing content preparation costs. Concurrent’s unified origin server allows multi-channel video service providers to access premium content hosted on cloud storage services such as Amazon S3®, pull it into their own content delivery networks, and deliver it to their customers on-demand. Content is dynamically adjusted as it is accessed from cloud storage to ensure the format, video quality, digital rights protection, and business requirements are satisfied in accordance with contractual agreements.
By supporting cloud storage, Concurrent’s technology streamlines the on-boarding process for new multi-screen video content, offering a benefit to both service providers and content suppliers. Content suppliers can upload a single video format and store it centrally on a secured, Internet accessible storage system. Service providers can use that single source asset to create the content formats required to serve video to every screen by pulling and adapting the content on-demand in response to consumer playback requests. Using this methodology, both content suppliers and service providers save cost on content preparation and storage.
“Video content is increasingly being hosted outside of the service provider’s own operations center using cloud based storage services,” said Bob Chism, Concurrent’s Chief Technology Officer. “By enabling service providers to pull content on-demand over the Internet from third party sources, Concurrent makes it easier and more cost effective to expand their multi-screen video offering to consumers, while providing content owners a way to maintain better control over their content library.”
Concurrent’s unified origin server supports live and on-demand video delivery to smart TVs, tablets, smartphones, PCs, and game consoles, as well as to classic set-top boxes. The unified origin server includes eFactor™, Concurrent’s dynamic content workflow solution, which enables content to be converted on-the-fly to meet the format, protection, and quality requirements of the specific application and target screen. Concurrent’s solution is virtualized and cloud enabled so it can run in a variety of hardware architectures in both public and private video delivery networks. The unified origin server is an open solution and is designed to operate in common HTTP content delivery network environments. The product is currently available.
Concurrent will be showcasing their unified origin server at the SCTE Cable Tec Expo® in Atlanta on October 22-24. To schedule a personal demo, please visit our website, reach out to us on Twitter, or visit booth #338.
Concurrent (NASDAQ: CCUR) is a global leader in video, media data intelligence and real-time Linux® solutions. Concurrent provides customers with transformative solutions to fuel their business beyond what was thought possible. Concurrent’s unified video delivery and media data intelligence solutions support every screen simultaneously, making it easier for cable MSOs, fixed-line telecommunications providers, mobile operators, online media companies and satellite TV broadcasters to deliver revenue generating video services to consumers on any device, over any network. The world’s leading multichannel video service providers have selected Concurrent to deliver the solutions and services required to support their next-generation multi-screen video initiatives. Concurrent’s Emmy® award-winning video solutions are based upon a rich heritage of high-performance real-time technology. Concurrent’s real-time Linux solutions are used to support applications in the defense, aerospace, automotive and financial industries. Concurrent has offices in North America, Europe and Asia. Visit www.ccur.com for further information. Follow us on Twitter: www.twitter.com/Concurrent_CCUR.
Certain statements made or incorporated by reference in this release may constitute “forward-looking statements” within the meaning of the federal securities laws. Statements regarding future events and development and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements include, among others, statements regarding our products and product development. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected. Such risks and uncertainties include our ability to meet customer schedules and demands and deployment and integration goals.
Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on September 17, 2013, and may be discussed in subsequent periodic reports filed with the SEC. The risk factors discussed in such Form 10-K and subsequently filed periodic reports under the heading “Risk Factors” are specifically incorporated by reference in this press release. Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.
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