Veritone Clinches 2024 NAB Product of the Year Award for a Fifth Time with Generative AI Solution
17 Abril 2024 - 3:30PM
Business Wire
New Ask Veri media intelligence tool earns top
billing in the AI and Machine Learning category for empowering
customers to talk to their data for actionable insights
For a fifth time, Veritone, Inc. (NASDAQ: VERI), a leader in
designing human-centered AI solutions, won NAB Product of the Year
for the company’s recently launched Ask Veri. The new
conversational intelligence solution that empowers Veritone Digital
Media Hub (“DMH”) users to quickly extract actionable insights and
execute dynamic workflows from their media archive data through a
generative AI-enabled, chat-based tool, secured the 2024 NAB
Product of the Year award in the Capitalize AI and Machine Learning
(AI/ML) category. This is the fourth time Veritone received top
billing in the AI/ML category. Last year, Veritone’s Generative AI
platform won the category, while Veritone Avatar secured the award
in 2022, and Veritone Voice in 2021. Veritone Attribute was
recognized as best new radio technology in 2019.
This official awards program recognizes some of the most
significant and promising new products and technologies showcased
by exhibitors at NAB Show. NAB Show Product of the Year Award
Winners were selected by a panel of industry experts in 15
categories and announced in a live awards ceremony at NAB Show on
April 16. To be eligible for an award, nominated products had to
come from companies exhibiting at the 2024 NAB Show and be
delivered within the 2024 calendar year.
“Veritone’s fifth win of the NAB Product of the Year award
represents a significant achievement, showcasing the power and
potential of Ask Veri and our complete line-up of robust AI
solutions. In today’s rapidly evolving media landscape,
characterized by ever-shortening content lifecycles, Ask Veri
emerges as a crucial tool for media professionals, empowering them
to delve into, analyze, and interpret their reporting data more
efficiently,” said Sean King, General Manager for Veritone Media
and Entertainment. “Our experience at NAB once again showcased how
AI can enhance the capabilities of production teams, media
managers, and rights holders, enabling them to effectively optimize
their content workflows in today’s competitive marketplace.”
“NAB Show is the ultimate marketplace showcasing the latest
trends and technology spanning creation, distribution and
monetization in the broadcast, media and entertainment industry,”
said senior vice president and chief customer success officer Eric
Trabb, NAB Global Connections and Events. “Congratulations to
Veritone for winning the prestigious 2024 NAB Show Product of the
Year Award, a testament to the groundbreaking innovation embodied
by Ask Veri. Its profound impact on the content lifecycle
underscores its pivotal role in empowering storytellers to navigate
present challenges and embrace the opportunities of tomorrow.”
An enhancement for DMH, Veritone’s award-winning media asset
management and monetization tool, Ask Veri leverages generative AI
to swiftly respond to queries and can provide customers with
in-depth analysis, insightful summaries, and key findings for their
digital media collection. With Ask Veri, customers can formulate
their own questions, such as “What is the trend of monthly user
activity, or “Source all available footage of Caitlin Clark during
the NCAA tournament,” or use the interface’s intuitive, suggested
queries to remove guesswork and provide a starting point for
gathering the right content insights. Ask Veri streamlines the
overall content experience for DMH customers – including TV
networks, studios, production companies, and film and studio
archivists – by eliminating the need for multiple data analyst
resources or reporting tools. As a result, customers can quickly
make informed decisions to highlight high-performing content,
optimize engagement, and drive value from existing media assets.
Ask Veri will be commercially available in the second half of 2024,
with deployment plans for the entire Veritone product suite
including commercial and public sector applications.
About Veritone
Veritone (NASDAQ: VERI) designs human-centered AI solutions.
Serving customers in the talent acquisition, media, entertainment
and public sector industries, Veritone’s software and services
empower individuals at the world’s largest and most recognizable
brands to run more efficiently, accelerate decision making and
increase profitability. Veritone’s leading enterprise AI platform,
aiWARE™, orchestrates an ever-growing ecosystem of machine learning
models, transforming data sources into actionable intelligence. By
blending human expertise with AI technology, Veritone advances
human potential to help organizations solve problems and achieve
more than ever before, enhancing lives everywhere. To learn more,
visit Veritone.com.
Safe Harbor Statement
This news release contains forward-looking statements. Without
limiting the generality of the foregoing, words such as “may,”
“will,” “expect,” “believe,” “anticipate,” “intend,” “could,”
“estimate” or “continue” or the negative or other variations
thereof or comparable terminology are intended to identify
forward-looking statements. In addition, any statements that refer
to expectations, projections or other characterizations of future
events or circumstances are forward-looking statements. Assumptions
relating to the foregoing involve judgments and risks with respect
to various matters which are difficult or impossible to predict
accurately and many of which are beyond the control of Veritone.
Certain of such judgments and risks are discussed in Veritone’s SEC
filings. Although Veritone believes that the assumptions underlying
the forward-looking statements are reasonable, any of the
assumptions could prove inaccurate and, therefore, there can be no
assurance that the results contemplated in forward-looking
statements will be realized. In light of the significant
uncertainties inherent in the forward-looking information included
herein, the inclusion of such information should not be regarded as
a representation by Veritone or any other person that their
objectives or plans will be achieved. Veritone undertakes no
obligation to revise the forward-looking statements contained
herein to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20240417026279/en/
Valerie Christopherson or Lora Metzner Global Results Comms
(GRC) +1 949 608 0276 Veritone@globalresultspr.com
Sarah Rich Veritone srich@veritone.com
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