Envivio Sales Double as Demand for Multi-Screen Solutions Explodes
Envivio Sales Double as Demand for Multi-Screen Solutions Explodes
Deals with Tier 1 U.S. Cable, OTT and Telecom Operators, Strengthened Channel Partnerships and Growing Need for Superior TV Services, on Latest Connected Devices, Drive Envivio's Profitability and Record Bookings
SOUTH SAN FRANCISCO, Calif., Feb. 10, 2011 /PRNewswire/ -- Envivio, the leading provider of live and on-demand multi-screen IP video processing and delivery solutions, announced today that its Fiscal Year 2011 (ending January 31, 2011) was the most successful in the company's history. Driven by global demand for its live and on-demand video solutions that span mobile, Internet and traditional TV screens, Envivio doubled both its revenues and sales bookings.
"The success of the past year is clear validation of Envivio's TV without boundaries strategy that creates solutions to deliver the best subscriber experience regardless of the viewing platform," said Envivio CEO Julien Signes. "The traditional broadcast television world is changing: TV is no longer limited to stationary screens in the home, but is now being delivered to every IP connected device, whether it is an iPad, iPhone, Android phone or tablet, or other dynamic device. Envivio, with its flexible software-based platform, is in a unique position to enable traditional and emerging TV service providers to fulfill their customers demand for the support of this TV revolution."
Current indications point to Envivio continuing to strengthen its position in the market. Of particular note is that development of Envivio's sales channel has resulted in tremendous success; approximately 70% of the company's sales were made through partners in FY2011. In addition to achieving profitability, other numerous other signs of sustained growth include:
-- Over 250% growth year over year in the United States
-- Deployments at five of the top six Cable and Telecom operators in the
United States
-- Revenue and bookings doubled each quarter throughout FY2011
This growth reflects the fact that Envivio's multi-screen delivery solutions closely align with market requirements. Envivio's flexible software means its customers are first to support the most desirable consumer devices and features as they come to market. The evolution of Envivio's converged headend solution is making multi-screen deployment easier and operations more cost-effective for service providers. The analyst group Frost & Sullivan cited these factors in awarding Envivio its 2010 Global Customer Value Enhancement of the Year Award in the Pay-TV Video Encoders market during a ceremony on Feb. 9, 2011 in New Orleans, Louisiana.
Envivio now serves more than 200 customers in over 50 countries. Every day, Envivio encoders process unique streams serving tens of millions of viewers.
For more information about multi-screen convergence solutions from Envivio, visit www.Envivio.com.
About Envivio
Envivio is the leader in solutions for multi-screen video-over-IP delivery. We remove the boundaries of traditional television and make the world's video content universally enjoyable by all viewers, on any device, across any network, at any time. Now in its second decade of developing market-leading video convergence solutions, Envivio has amassed dozens of patents, pioneered video-over-IP methods, and continually led in the deployment of emerging standards and new technologies. Today Envivio solutions deliver millions of content streams to hundreds of different styles of mobile devices, set top boxes, and PC platforms, on behalf of content owners, telecom operators, cable and satellite companies and mobile service providers in every market in the world. Deployment and support are backed by a global staff that is familiar with local technical, regulatory and market guidelines encountered around the world. Envivio is headquartered in South San Francisco, California and has offices worldwide including France England, China, Singapore and Japan. Envivio is a registered trademark and 4Caster, Envivio Genesis and TV without Boundaries are trademarks of Envivio, Inc. All trademarks used herein, whether recognized or not, are the properties of their respective companies.
SOURCE Envivio Trade Show
Envivio Trade Show
CONTACT: Envivio - Media Relations, Evan Sirof, +1-845-255-1909, pr@envivio.com
Web Site: http://www.Envivio.com
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