ATLANTA, GA— May 4, 2010 — Concurrent (NASDAQ: CCUR), a worldwide leader in video and media data and advertising solutions today announced it has been ranked as the market leader in video servers by Current Analysis in the independent research firm’s latest On Demand Video Server (ODVS) Product Assessment. This news comes as the company reaches a milestone in its multi-screen video delivery strategy with the shipment of more than two-million on-demand video streams worldwide.
The latest Current Analysis ODVS Product Assessment analyzed the strengths of five key buying criteria (driven primarily by service provider ODVS selection methods) for seven companies, including Concurrent. The criteria included: ODVS scalability and performance; reliability and supportability; on demand functionality; green design; and ODVS vendor market momentum and vision. Concurrent was ranked particularly high on the flexibility and reliability of its video streaming technology, as well as its ability to capture and correlate media data for broadcast, linear and interactive media consumption.
“ODVS vendors are enabling multi-screen content delivery models to offer seamless subscriber experiences by supporting increased requirements for performance, scale, and functionality from the network edge, and the monetization of video consumption behavior across multiple screens,” said Yoav Schreiber, Senior Analyst for Digital Media Infrastructure at Current Analysis. “In our assessment of ODVS platforms, Concurrent can uniquely invoke benefits such as military-grade guarantees of performance and reliability for carrier-grade video serving applications which are critical to evolving time-shifted TV offerings. Concurrent also offers a differentiated approach to enabling media stakeholders to monetize their content with a managed service offering to audience measurement and analytics that leverages Concurrent’s established capabilities in data management and logistics services, which will not be easily replicated by its rivals.”
Further pointing to the company’s success, Concurrent has deployed two-million streams with the MediaHawk Video Solution, the first unified system enabling commercial grade video across a wide array of networks, including cable, IPTV, Internet and wireless infrastructures. Concurrent is now shipping the next generation of its MediaHawk® platform, which introduces a number of capacity and density improvements that increase ingest capacity and storage density. The new platform builds on the success of Concurrent’s Emmy® Award winning video on demand (VOD) and time-shifted TV applications and also includes the capability for Video to PC and Video to Mobile support.
“We are honored to be ranked so highly among our peers by Current Analysis, “ said David King, chief marketing officer and senior vice president video solutions. “We set out a year ago to help our customers succeed in the evolving video environment and are thrilled our strategy has been met with such positive reinforcement and measurable success. At Concurrent, we look to continuously build on our rich heritage and deliver the innovative solutions that will help our customers monetize video consumption and build customer loyalty.”
Since March 2009, Concurrent has continued to build its portfolio of innovative video technology, delivering solutions like Video to the PC and the Central Data Warehouse (CDW) to help its customers lead the charge in multi-screen video delivery. The addition of video to the PC capability allows broadband providers to offer both live broadcast video and on-demand content through a PC. CDW is the industry’s first centralized data warehouse solution that allows broadband operators to consolidate the collection, storage and correlation of census-level media data from multiple platforms.
Concurrent has 205 distinct video systems deployed in cable and telecom markets worldwide that represent approximately 21.5 million basic cable subscribers. The company’s MDAS software serves over 38 million digital subscribers and aggregates and analyzes data from over 700 million video transactions per month.
About Current Analysis
Current Analysis (www.currentanalysis.com) has been helping leading technology companies improve their market intelligence since 1997. Sales teams, product managers, marketing professionals, and executives rely on Current Analysis for the rapid delivery of tactical, actionable competitive analysis to improve their business performance and create a repeatable process advantage over competitors. The company serves more than 30,000 users at over 200 enterprise clients across the telecommunications, networking, and business software industries. For more details about the On Demand Video Server (ODVS) report, please visit: http://www.currentanalysis.com/markets/odvs/.
About Concurrent
Concurrent (NASDAQ: CCUR) is a global leader in innovative solutions that enable the seamless delivery, management and monetization of video on any screen. Built on a solid foundation of video firsts and Emmy® Award winning technology, Concurrent’s screen-independent video delivery and media data solutions create a truly holistic, 360-degree view of the consumer video experience. By harnessing the full potential of video, Concurrent provides customers in the cable, telco, wireless, web, advertising and content development industries with new revenue opportunities such as advanced advertising. Concurrent’s video solutions are built upon a rich heritage of high-performance real-time technology, which also powers solutions for the defense, aerospace, automotive and financial industries.
Concurrent is a global company with offices in North America, Europe and Asia. For more information, please visit www.ccur.com.