Concurrent (NASDAQ:CCUR), a global leader in video and media data intelligence solutions, has partnered with ZON Multimedia to launch multi-screen network digital video recording services using Concurrent’s MediaHawk VX™ unified content delivery solution.
ZON, Portugal’s leading pay TV operator and the country’s second largest Internet provider, has enhanced their IRIS ™ multi-screen video service offering with advanced network-based digital video recording features. ZON’s IRIS solution offers customers a uniform, graphically rich video navigation experience on a variety of consumer electronic devices, including televisions, personal computers, iPads ®, and iPhones ®. Branded as Timewarp ™, ZON’s video catch up service allows consumers to record any live TV program on more than 70 channels and view it up to seven days after airing. Users can record multiple channels simultaneously and playback recorded programs on-demand at their convenience.
“ZON is launching a first of a kind service in the region and we are proud to be working with Concurrent on this pioneering effort,” said, José Pascoal, head of planning, engineering and services architecture at ZON. “With Concurrent, we have expanded our IRIS services beyond traditional TV services, to provide multi-screen services, and now a seven day catch-up service, in order to better serve our customers. The success of our Timewarp product demonstrates that customers want innovative video services that offer a consistent and compelling user experience across screens.”
ZON uses Concurrent’s MediaHawk VX unified content delivery solution and intelligent video archival software to record and cost effectively store video programming in the network. Archived programming can be accessed by consumers on their own schedule and viewed on a wide variety of consumer electronics devices. In addition to enhancing the competitiveness of ZON’s market leading multi-screen video service offering, Concurrent’s MediaHawk VX solution allows ZON to reduce expenditures on expensive, maintenance intensive set-top box DVRs. Maintenance costs are lowered by positioning storage in the service provider’s facility rather than the consumer’s home, making the system easier to service and upgrade. Concurrent’s solution is modular and scalable, enabling ZON to progressively increase the recording, storage, and streaming capacity of the Timewarp service over time to satisfy growing consumer demand for the new service.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts