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XroadMedia showing strong growth in revenues & customer deployments

XroadMedia, leading provider of content discovery, metadata enhancement and analytics services, has started 2017 with great momentum from a record breaking financial year 2016.

“In 2016, Ncanto was chosen by a number of leading solution and service providers thanks to its flexible architecture and versatile offering of content discovery, recommendations, metadata enhancement and data analytics services.” says Adolf Proidl, Co-Founder and CEO of XroadMedia. “Our customers also love the simplicity to trial Ncanto in their own product and service environment and to experience the benefits our solution offers first-hand, before committing to a long-term partnership with XroadMedia.”

Adolf continues, “Our unique approach to quickly integrate Ncanto into our customers’s existing environments with minimum effort has allowed us to sign up a substantial number of new customers last year. For some of them we have replaced other recommendation solutions and for others we have implemented Ncanto to enhance and personalise existing and new products and services.”

2016 has seen XroadMedia’s revenues from Ncanto doubling thanks to a quickly growing customer and subscriber base in the Internet and Media industries. Today, Ncanto is integrated into leading OTT and pay-TV platforms like Mirada, Zappware, or Amino as well as deployed in a variety of service provider applications ranging from incumbent telecom operators such as Telekom Slovenije, via leading media companies like Funke Mediengruppe to innovative start-up companies such as Flimmit.

2017 has also started strong with 3 major customer wins in the first quarter, which will see Ncanto deployed in new services in Europe and Latin America throughout the year.

“In the next couple of months we will be able to announce major break-through partnerships in the OTT and pay-TV industries” says Tom Dvorak, Co-Founder and CCO of XroadMedia. “These collaborations will see Ncanto deployed with millions of new users over the next months. We are thrilled about the progress we have made over the past 15 months and the pace of adding 1-2 new partners to our customer base per month.”

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