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TheStreet Open House

Concurrent Raises The Bar On Video Quality

Stocks in this article: CCUR

Concurrent (NASDAQ:CCUR), a global leader in multi-screen video delivery and media data intelligence solutions, has released a new version of its market leading multi-screen origin server software which features support for Ultra HD video content and the HEVC video compression standard (H.265). The company’s latest software enables service providers to stream the highest quality video content to a growing population of consumers with 4K and 8K televisions. With support for HEVC, Concurrent’s solution delivers dramatically better picture quality and up to sixteen times higher video resolution than Full HD (1080p) video content.

“With our newly introduced support for Ultra HD content and HEVC, we are raising the bar on video quality for multi-screen streaming services,” said Bob Chism, Chief Technology Officer at Concurrent. “With a simple software upgrade, Concurrent delivers a seamless evolutionary path for service providers who want to attract new premium subscribers by offering services targeted at 4K and 8K televisions. Our software-based approach improves our customer’s time to market, protects their existing infrastructure investment, and ensures they can respond quickly to address the growing market need.”

The market for Ultra HD television sets continues to flourish. DisplaySearch predicts that the Ultra HD panel market will surge to 21 million sets in 2014, compared with three million sets in 2013. According to UK based consultancy firm Futuresource, 4K Ultra HD televisions will account for 42 percent of television sales by 2018, versus approximately five percent this year.

Concurrent’s multi-screen origin server is a modular software solution designed for commercial video applications such as video-on-demand, live broadcast, and network-based digital video recording. In addition to supporting delivery to classic set-top boxes and Internet connected devices, Concurrent’s content origination software features dynamic content adaptation (DCA). DCA enables video content to be modified on-the-fly as it being streamed to satisfy specific business needs, contractual obligations, or device requirements.

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