Concurrent (NASDAQ: CCUR), a global leader in multi-screen video delivery and media data intelligence software solutions, today announced it was awarded U.S. Patent No. 8,650,601 entitled “Video On Demand Management System”. The patent was issued for a method of positioning content files and intelligently managing content assets in a multi-tier video server network. Intelligent asset management is commonly used in streaming video applications such as video-on-demand, time-shifted TV, and network-based digital video recording (nDVR) to improve the efficiency of file-based content distribution across a geographically disperse network. Concurrent’s patented method defines a way to manage content placement based on attributes such as consumer demand, content usage, content age, the presence of advertisements, and other advertising related information. Using this information, content can be positioned as efficiently as possible to ensure the highest consumer quality of experience, the best use of storage resources, and the lowest network transport cost.
“We are pleased to announce our third patent award for multi-screen video technology this fiscal year,” said Bob Chism, Concurrent’s Chief Technology Officer. “As we expand our product portfolio to include a host of new multi-screen video solutions, we are also developing a strong foundation of relevant intellectual property. Securing new video patents on core video streaming, Content Delivery Network (CDN), and asset management technologies is a great way for Concurrent to support our market activities and showcase our continued thought leadership in the video solutions marketplace.”
Concurrent has been aggressively expanding its multi-screen video patent and product portfolios. Earlier in the fiscal year Concurrent announced it had been awarded two U.S. patents. The first patent was issued in August 2013 for a demand based edge caching system and method. A second patent was issued in September 2013 for a method of creating a targeted integrated image for the purpose of video advertising in electronic program guides. Concurrent has also introduced a variety of new multi-screen products, including a Unified Content Delivery Solution that can stream video to any screen, over any network and a multi-screen video analytics solution that provides insight into consumer viewership behavior on TVs, PCs, smartphones, tablets, and other consumer electronics devices.
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