Qvest bundles activities in Stream team
April 14, 2023
Qvest is expanding its service portfolio in cloud-based software technologies. The Qvest subsidiary HMS will be fully integrated into the company group and will henceforth operate as Qvest Stream. Its cloud playout automation makalu will be even more powerful with a comprehensive functional upgrade and will be presented for the first time at this year’s NAB.With the full integration of its subsidiary HMS, Qvest is sharpening its focus on software products for cloud-based media applications. Qvest’s customers will benefit from the even closer cooperation between the product development teams as well as the now global availability of these software solutions. Within the company group, Qvest Stream is an integral part of the Qvest Products division, where the development of all products is managed centrally.The portfolio of Qvest Stream includes software products for playout and newsroom solutions, as well as numerous other applications for media applications. These include makalu, the software-defined cloud playout automation that enables media companies to easily and quickly manage linear live, pop-up and FAST channels.
Peter Nöthen, CEO of the Qvest Group, commented: “Through the full integration of HMS, we will sustainably strengthen our cooperation and serve the needs of our customers in an even more targeted manner. With the Qvest Stream team and their product expertise, we are now leveraging synergies at all levels, especially in the area of playout solutions, which are in high demand. Customers and partners will particularly benefit from the global availability of these products as well as a close integration of consulting, sales, support and operations.”Frank Mistol, Managing Director Qvest Stream, added: “We are pleased to continue the already five-year success story with Qvest and to bundle the activities for cloud-based distribution products under a new, strong brand. This step is therefore a strong signal for our team, our customers and our product portfolio. We will now reach new customers and markets with makalu as well as our other software solutions, thus expanding the product range of the Qvest Group internationally.”