Concurrent Containerized Solutions Powering Qvest.Cloud

Duluth, Georgia (ots/PRNewswire) -

Concurrent Technology Inc., a Vecima Company (TSX: VCM), the
global leader in media delivery and storage solutions for content
owners, broadcasters and service providers, and Qvest Media, one of
the world's leading systems architects and ICT integrators for
broadcast and media technology, today announced that they have signed
a global reseller agreement and that Concurrent's containerized
transcoding solution has been selected by Qvest Media for use within
the newly unveiled Qvest.Cloud service. As part of the Qvest.Cloud
service, transcoding workloads will run in compute agnostic software
instances across a full range of environments: dedicated servers,
private clouds, and public clouds. As part of the new Partner
Agreement between the two companies, Qvest Media will incorporate
Concurrent's CDN, Transcoding and Storage solutions into projects
throughout the EMEA and APAC regions. Together, Qvest Media and
Concurrent will enable flexible cloud-centric operations for
Broadcasters and Content Owners to manage and deliver their content,
and improve the costs and scalability of OTT services as more
consumers switch to OTT services.

"We are delighted to be working with Qvest Media as they roll out
a world-class service with the Qvest.Cloud offering," said Ryan
Nicometo, SVP Product and Customer Architecture at Concurrent. "Our
newly announced MediaScaleX(TM) platform is really about offering
unparalleled deployment flexibility and scalability to content and
service providers. To reliably deliver on the promise of a solution
like Qvest.Cloud, these things become critical."

Paul Martin, Concurrent's VP Engagement, Media & Entertainment
adds, "I'm excited that Concurrent and Qvest Media share a vision of
the workflow and technology transformation required to operate at
scale, cost-effectively, for CDN-based media consumption. As
Broadcasters look to a future where CDN-based delivery for what we
are currently calling 'OTT' is likely to be the primary delivery
method to consumers, our collective expertise will help our customers
to make the right investment choices."

"We are looking forward to having Concurrent's solutions
integrated in Qvest.Cloud right from the start of our management
platform which is currently under development," says Thomas Müller,
General Manager at Qvest Media. "We anticipate a rapidly expanding
streaming sector and together with our new partner, we are convinced
that we can offer innovative and high-performance cloud-based
services to serve this market," he concludes.

Concurrent's MediaScaleX // Transcode solution is being featured
at the 2018 IBC Show in Amsterdam. To learn more about Concurrent's
next generation media transformation and delivery platform or
schedule a private briefing visit Booth D92 in Hall 1.

About Concurrent

Concurrent Technology Inc., a Vecima Company (TSX: VCM), empowers
content and service providers with innovative solutions to
intelligently deliver media to their customers, at any scale, through
a wide range of deployment and commercial options. With virtualized
and scalable solutions for transcoding, storage, origin, and cache,
Concurrent's software-defined platforms support the most challenging
requirements, all over the world, helping content creators, producers
and distributors succeed. With solutions from content management to
delivery, and billions of streams distributed over two decades,
Concurrent's global team and experience is enabling increased revenue
opportunities and reduced operational costs for the planet's leading
innovators in visual media. Concurrent has offices located in North
America, Europe and Asia. Visit http://www.concurrent.com for further
information.

About Vecima Networks

Vecima Networks Inc. (TSX: VCM) is a globally recognized leader in
creating breakthrough technology solutions that empower network
service providers to connect people and enterprises to information
and entertainment worldwide.

For more information, visit http://www.vecima.com.

About Qvest Media

Qvest Media is a world-leading systems architect and ICT
integrator in the fields of broadcasting and media technology,
specializing in the television, media and telecommunications
industries. The company, headquartered in Cologne, has additional
locations in Europe, Middle East and Southeast Asia. With a powerful
spectrum of services consisting of Consulting & Development, Systems
Integration and Service & Support, Qvest Media offers 360° expertise
in the design, development, implementation and operational support of
media technology infrastructures. With its business unit Managed
Technology, Qvest Media supports media organisations along their
entire digital transformation process by covering everything from
technology infrastructures to services and technical operations
offered within streamlined and future- oriented payment models. In
addition, Qvest Media ranks among Europe's largest trade and
distribution houses for technology in the fields of Professional AV,
IT and Broadcast with a commercial portfolio of around 250,000
products as well as partnerships with nearly all major manufactures
from the media and IT industries. Qvest Media is also one of the
biggest suppliers of dry-hire equipment and systems solutions for
live broadcasting of events, sports and entertainment. Today, the
customer base includes eminent international broadcasters, telco
providers and media networks such as ARD and ZDF, Sky, RTL, Al Arab,
SRG, Al Jazeera, tpc switzerland ag, Mediacorp, beIN SPORTS, Dubai
Media Incorporated, SES ASTRA, Etisalat, Turner Broadcasting, etc.

Media contacts: Red Lorry Yellow Lorry (Concurrent's PR agency):
concurrent@rlyl.com; Americas & Asia Pacific: Kerry Quintilliani,
+1-310-773-3760; Europe, Middle East & Africa: Philip Iacob,
+44-20-7403-8878

ots Originaltext: Concurrent Technology Inc.
Im Internet recherchierbar: http://www.presseportal.de

Original-Content von: Concurrent Technology Inc., übermittelt durch news aktuell