Concurrent Announces Intelligent Video Archival Software for Unified CDN and Network DVR Applications
Solution Employs Business Rules to Cost Optimize Content Placement in Multi-Tier Storage Complexes
ATLANTA--(BUSINESS WIRE)-- Concurrent (NAS: CCUR) , a global leader in multi-screen video delivery and media data intelligence solutions, today announced an intelligent video archival solution designed to minimize the costs associated with storing on-demand and time-shifted video content. As service providers extend the number of titles accessible to consumers for playback on any device and launch new applications like network DVR (nDVR), there is an increased need for large capacity video storage libraries. Concurrent's intelligent archival solution optimizes the placement and migration of content within tiered storage complexes to ensure the most cost effective use of the available capacity. The product is currently in field trails with a major customer.
Throughout a content asset's lifecycle, its consumer viewing profile may vary from high demand to low demand depending on its release or record date, inclusion in marketing promotions, or a multitude of other factors. Concurrent's software will follow predefined business rules to reposition content assets over time as changes in the viewing profile occur. As a content assets demand profile decreases, it will be automatically transferred to low cost, high density storage systems to make room for more popular content on higher performance storage tiers.
"With increased competition in the video streaming marketplace, operators are focused on differentiating their services by offering more video-on-demand titles and providing innovative cloud storage services like nDVR. With video archives growing to hundreds of thousands of hours and beyond, service providers are interested in tiered storage systems that better align storage cost with the revenue expectations for each asset," said Bob Chism, Chief Technology Officer, Concurrent. "With Concurrent's intelligent video archival software, we are able to optimize content placement over time to ensure the highest return on investment for our customers."
Concurrent's intelligent video archival software is employed in concert with its industry leading MediaHawk® unified content delivery solution. The unified content delivery solution combines support for HTTP streaming and classic video-on-demand to enable video to be streamed simultaneously to any screen, over any network. MediaHawk software runs on commercial off-the-shelf hardware and employs a variety of different storage systems. Storage modules with different performance characteristics may be assembled to create multi-tier complexes that can be managed by Concurrent's intelligent video archival solution.
For more information on Concurrent's intelligent tiered storage solution please visit: http://www.ccur.com.
Concurrent (NAS: CCUR) is a global leader in video, media data intelligence and real-time Linux® solutions. Concurrent provides customers with transformative solutions to fuel their business beyond what was thought possible. Concurrent's unified video delivery and media data intelligence solutions support every screen simultaneously, making it easier for cable MSOs, fixed-line telecommunications providers, mobile operators, online media companies and satellite TV broadcasters to deliver revenue generating video services to consumers on any device, over any network. The world's leading telecommunication and online media companies have selected Concurrent to provide the solutions and services required to support their next-generation multi-screen video initiatives. Concurrent's Emmy award-winning video solutions are based upon a rich heritage of high-performance real-time technology. Concurrent's real-time Linux solutions are used to support applications in the defense, aerospace, automotive and financial industries. Concurrent has offices in North America, Europe and Asia. Visit www.ccur.com for further information and follow us on Twitter: www.twitter.com/Concurrent_CCUR.
Certain statements made or incorporated by reference in this release may constitute "forward-looking statements" within the meaning of the federal securities laws.Statements regarding future events and development and our future performance, as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward looking statements include, among others, statements regarding our products and product development.All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected.Such risks and uncertainties include our ability to meet customer schedules and demands and deployment and integration goals.
Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission ("SEC") on August 28, 2012, and may be discussed in subsequent periodic reports filed with the SEC. The risk factors discussed in such Form 10-K and subsequently filed periodic reports under the heading "Risk Factors" are specifically incorporated by reference in this press release.Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.
Concurrent Computer Corporation and its logo are registered trademarks of Concurrent. All other Concurrent product names are trademarks or registered trademarks of Concurrent, while all other product names are trademarks or registered trademarks of their respective owners.
Kristen Izzo, 678-258-4221
Lauren Nowicki, 646-202-9783
Sandra Dover, 678-258-4112
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