Harmonic's Cloud and Software-Based
Appliance Solutions Drive Revenue Growth, Better Viewing
Experiences and Cost Savings
SAN
JOSE, Calif., Aug. 29,
2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) is
set to showcase a wide range of cloud and software-based
innovations at IBC2024, reinforcing its position as the worldwide
leader in video processing and delivery. The company will
demonstrate innovations for production and playout, broadcast and
distribution, live sports streaming and content monetization to
help service providers and broadcasters boost their revenues,
elevate viewing experiences and minimize video infrastructure
costs.
"Innovation in video streaming and broadcast delivery is a
hallmark of Harmonic," said Gil
Rudge, senior vice president, video products and solutions
at Harmonic. "At IBC2024, we're excited to unveil solutions that
increase monetization, dramatically improve video streaming and
broadcast experiences and reduce infrastructure expenses for
service providers and broadcasters, setting a new standard of
excellence."
Driving Revenue Growth and Viewer
Engagement
Harmonic will showcase several advancements
for video streaming, including new AI-powered capabilities,
allowing video service providers and broadcasters to:
- Boost advertising revenues: In-stream advertising
features on Harmonic's VOS®360 Ad SaaS create new
premium inventory to monetize high- and low-action moments in
sports events.
- Enrich video workflows: New AI-powered content
processing technologies on VOS360 Media SaaS include cutting-edge
speech-to-text capability for closed captioning and voice cloning
for on-the-fly audio commentary translation of live video
content.
- Personalize live sports streaming: Harmonic's
VOS360 Media SaaS enables service providers to rapidly and
automatically create personalized sports highlights, fueling fan
engagement.
Minimizing Video Infrastructure Costs
Harmonic
will showcase advancements designed to lower video infrastructure
costs for service providers and broadcasters:
- Next-generation XOS and Spectrum™ X
platforms: Harmonic's flagship XOS advanced media
processor enables 50% more channel encoding/transcoding than the
previous generation, and the Spectrum X media server doubles
channel density for certain workflows.
- Playout to delivery: Attendees can check out a
groundbreaking playout-to-delivery capability on the XOS media
processor and VOS360 Media SaaS, combining advanced playout,
sophisticated branding and premium encoding in a single
software-based solution or SaaS offering.
- Dynamic frame rate encoding: Harmonic's new
AI-based dynamic frame rate encoding algorithm reduces CPU
resources and bandwidth by 20% and 15%, respectively, while
maintaining exceptional video quality.
- Encoder stress
performance gauge: Service providers
can now measure CPU resource consumption and the video quality of
channels encoded by the server in real time to maximize the number
of encoded channels and preserve video quality.
Building Powerful Partnerships
Harmonic is working
with several industry leaders to drive forward the evolution of
video streaming and broadcast technologies. Highlights at IBC2024
will include:
- AI innovations: Collaborating with Kebula, Camb.ai,
LingoPal, Southworks and Microsoft with Azure OpenAI Service,
Harmonic is driving innovation in automated clip extraction, voice
cloning and personalized live sports streaming.
- Advanced monetization: Harmonic is enhancing
monetization opportunities for broadcasters and service providers
by integrating VOS360 Ad SaaS with:
- castLabs PRESTOplay for server-guided ad insertion (SGAI)
applications;
- FreeWheel for unified yield management;
- Google Ad Manager for unified yield management; and
- RYFF for virtual product placement.
- Simplified cloud delivery: Harmonic is simplifying video
streaming and delivery through collaborations with leading cloud
providers, including Microsoft, Google and AWS.
- Streamlined content management: Fully integrated with
Deltatre, Quickplay and Viaccess-Orca, Harmonic is streamlining
content management.
- Secure Content: Harmonic's video products are integrated
with advanced watermarking technology from Irdeto, NAGRA and
Viaccess-Orca to protect video content.
To schedule a meeting with Harmonic at IBC2024, stand 1.B20,
visit www.harmonicinc.com/video-streaming/events/ibc/. Further
information about Harmonic and the company's solutions is available
at www.harmonicinc.com.
About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide
leader in virtualized broadband and video delivery solutions,
enables media companies and service providers to deliver
ultra-high-quality video streaming and broadcast services to
consumers globally. The company revolutionized broadband networking
via the industry's first virtualized broadband solution, enabling
operators to more flexibly deploy gigabit internet services to
consumers' homes and mobile devices. Whether simplifying OTT video
delivery via innovative cloud and software platforms, or powering
the delivery of gigabit internet services, Harmonic is changing the
way media companies and service providers monetize live and
on-demand content on every screen. More information is available at
www.harmonicinc.com.
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements
concerning Harmonic's business and the anticipated capabilities,
advantages, reliability, efficiency, market acceptance, market
growth, specifications and benefits of Harmonic products, services
and technology are forward-looking statements. These statements are
based on our current expectations and beliefs and are subject to
risks and uncertainties, including the risks and
uncertainties more fully described in Harmonic's filings
with the Securities and Exchange Commission, including its Annual
Report on Form 10-K for the year ended Dec.
31, 2023, its Quarterly Reports on Form 10-Q and its Current
Reports on Form 8-K. The forward-looking statements in this press
release are based on information available to Harmonic as of the
date hereof, and Harmonic disclaims any obligation to update any
forward-looking statements.
Harmonic, the Harmonic logo and other Harmonic marks are owned
by Harmonic Inc. or its affiliates. All other trademarks referenced
herein are the property of their respective owners.
Photo
Link: www.202comms.com/Harmonic/Harmonic-VOS360 Media
SaaS.jpg
Photo Caption: Harmonic VOS®360 Media
SaaS
Photo Link:
www.202comms.com/Harmonic/Harmonic-VOS360-Ad-logo.jpg
Photo Caption: Harmonic VOS®360 Ad SaaS
logo
Photo Link:
https://www.202comms.com/Harmonic/Harmonic-VOSMediaSoftware.jpg
Photo Caption: Harmonic VOS® Media Software
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SOURCE Harmonic Inc.