Synamedia Video Network hits milestone of 25 SaaS customers deployed at scale as revenues continue to grow
LONDON – 12 September 2023 – Ahead of IBC 2023, leading video software provider Synamedia today announced that 25 customers, including beIN and SportsMax, are using its SaaS Video Network products at scale. As well as its success with SaaS and cloud, Synamedia is seeing continued demand for its on-prem portfolio, it has also recently signed the largest deal in Video Network’s history with a $90M contract for IP network optimisation using its virtual Digital Content Manager (vDCM) and Virtualised Cable Access products.
At IBC, Synamedia Video Network will demonstrate how its product portfolio is evolving to target three vertical customer solutions: B2B distribution, D2C streaming, and IP network optimisation. Customers use these solutions for applications including just-in-time streaming, point-to-point and multi-point distribution, disaster recovery, long-tail content processing, and low latency sports. Synamedia is also highlighting its innovations in sports streaming at the show.
The SaaS applications can be purchased through a cloud portal that streamlines operations and reduces time to market. The portal allows customers to instantly launch multi-tenant SaaS offerings. Even the most complex configurations can go live in under 48 hours, thanks to its highly automated DevOps capabilities.
B2B distribution solutions:
Using SaaS-based PowerVu for primary distribution, customers can reduce their dependency on satellite and move to IP at their own pace while delivering a superior viewing experience for subscribers and reducing the total cost of ownership with CDN delivery with the same or even better reliability as satellite. At IBC, Synamedia will also highlight how PowerVu now delivers end-to-end latency as low as one second, the lowest in the industry.
SaaS-based Quortex Link, launched at NAB 2023, is designed for secure, global IP-based video distribution at a click of a button. Its instant-on infrastructure cuts costs, and helps operators reach their sustainability goals. Its pay-as-you-use model makes it risk-free for operators to start small and scale up to support even the largest content owner.
D2C streaming solution:
Synamedia’s flagship SaaS product for D2C streaming at scale, Quortex Play, now supports 4K and will soon be available on AWS Marketplace. Quortex Play supports green streaming with a just-in-time and pay-as-you-use model that eliminates any wasted resources when nobody is watching a channel. It also allows customers to monetise their long-tail content by creating a FAST channel in a few clicks.
This SaaS-based OTT solution also features low latency for sports streaming at scale, time shift TV, cloud DVR, and monetisation opportunities with dynamic ad insertion.
IP network optimisation solutions:
Synamedia’s highly efficient and cost-effective EdgeCDN gives telcos and cable operators control over their video delivery across hybrid cloud CDNs and multi-CDNs. It features AI-based traffic prediction and application tailored latency to manage different latencies – including ultra-low latency for sports betting – within a streaming application.
The network IP optimisation portfolio also features enhancements to Synamedia’s high speed Virtualised Cable Access for migration to next-generation cable infrastructure. Based on vDCM, this software-based solution allows operators to increase bandwidth and throughput while reducing operational costs and maximising the ROI on existing QAM architectures.
Finally, Synamedia’s latest cloud DVR architecture provides a unified solution for shared or unique copy recordings that can be deployed on-prem or in the cloud.
According to Julien Signes, General Manager of Video Network at Synamedia, “Our cloud and SaaS business is booming as operators turn to opex models to cut costs and gain flexibility, but we are also seeing increased interest in our IP optimisation portfolio. This reflects today’s economic environment where cable operators are looking to accelerate their transition to IP by optimising their existing infrastructure and set-top box investments.”
Synamedia demos will be at IBC 2023 in hall 1 balcony suite 21.
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Rachel Postlethwaite (EMEA)
We’re trusted by service providers and content owners to deliver, enrich, and protect video. The flexibility and agility of our cloud and SaaS products enable customers of all types and sizes to launch, monetise, and scale services at speed. Our award-winning portfolio includes advanced advertising, business analytics, broadband and streaming video platforms, intelligence-led anti-piracy, and video network cloud and software solutions. Synamedia is backed by the Permira funds and Sky.