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TheStreet Open House

Concurrent Serves Up Cloud Hosted Video

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.

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