Velocix expands SaaS portfolio
March 4, 2021
Velocix, a provider of carrier-grade video streaming and advertising technology, has expanded its portfolio of fully managed software-as-a-service (SaaS) applications with the launch of a new cloud-native video recording management service called Cloud VRM.
Cloud VRM features an elastically scalable platform that orchestrates and automates IP-based video recording workflows for cloud DVR and time-shifted video applications. The service delivers a comprehensive, time-shifted viewing experience to consumers on every connected screen, using an architecture that is independent of the middleware and pre-integrated with multiple recording engine solutions.
Jim Brickmeier, Chief Product & Marketing Officer at Velocix, said: “We are committed to offering video service providers the most flexible, efficient, and cost-effective solutions in the marketplace, which is why we are so excited to announce Cloud VRM. With its cloud-native design, pay-as-you-go economics and fully hosted and managed deployment options, operators can take advantage of our Emmy Award-winning recording technology, while lowering their upfront investment and accelerating their time-to-market.”
Cloud VRM’s newly introduced multi-tenancy features are designed to minimize operators’ scale-out costs by orchestrating recording services across multiple sites and geographies using a common software deployment. This reduces start-up time and operational expenses by eliminating the need for recording management infrastructure on-site.
Cloud VRM supports private-copy, shared-copy, and hybrid cloud DVR applications, as well as time-shifted video capabilities, such as program restart and catchup TV. Advanced recording management features include per-user recording and storage quotas, series recording, cross-device bookmarking, content lifecycle management, rules-driven rights compliance, and configurable storage optimization.
The company’s fully managed SaaS portfolio also includes Cloud VPP, Velocix’s dynamic ad insertion solution for addressable and programmatic TV advertising, which was launched in December 2020.