An update from Velocix regarding COVID-19

CEO LETTER

We hope that our customers and industry colleagues are keeping safe amid the ongoing global COVID-19 pandemic.

We would like to inform you of the steps Velocix has undertaken to ensure the safety and well-being of our customers and employees, as well as to minimize the potential impact to ongoing projects, support, and managed/maintenance service activities. We have directed our employees across all regions to work-from-home, cease travel, and follow social distancing guidelines to protect them and others from potential infection. Our team members have been provided with full access to the tools and systems required to perform their job functions, so we do not expect this change to have a significant effect on our productivity or ability to support customers.

We recognize that many of our clients are experiencing higher traffic demands on their video networks and related systems, which may cause strain on existing deployments as more consumers sequester themselves in their homes and watch TV. To help address this, our support team is on standby to quickly respond to any scaling concerns or other issues that may arise as a result of this increased demand.  Please contact us if you are encountering difficulties and we will jump in to provide the necessary support.

In the meantime, we have taken the following additional steps to ensure our customers continue to be well supported during this global crisis:

  • Support Center: Our 24×7 support center remains fully operational. Our staff is well-equipped to work from home, so we do not anticipate any changes to the level or quality of support our customers will receive.
  • Managed services: Our managed services team is also fully functioning effectively from home and continuing to provide operational maintenance and support. We recently expanded this team and have reserve capacity on-hand to provide a helping hand to any clients that may be impacted by personnel shortages.
  • Professional services: Our professional services teams are continuing to work on project deployments and managing things closely with customers to keep schedules on track.  Staff are able to connect to systems remotely to perform configuration and integration activities, so we don’t expect any major impacts to project timetables.
  • Sales: Our sales organization will conduct all meetings by phone or web conference until we are given the all-clear by governmental health agencies and receive approval from policymakers at our customers and prospective customers to travel.
  • General: We are monitoring the changing conditions in the regions we serve and adapting our response accordingly.  We continue to reinforce public health guidelines with every employee, and we have instructed our teams to notify us immediately if they are feeling unwell so we can take the appropriate contingency steps.

We are here to support our customer’s needs during this difficult time and hope you will let us know if there is anything else we can be doing to help. In the meantime, we will continue to provide updates as we navigate this global situation.

 

Stay safe,

David Sharpley

CEO, Velocix

 

Velocix sets a Cloud DVR fault-tolerance benchmark with new carrier-grade, geo-redundancy features

Latest Origin release assures business continuity for live and time-shifted video.

Velocix today announced it has released new carrier-grade, geo-redundancy features for its Origin server software to boost the fault tolerance and reliability of Cloud DVR, live, and on-demand video streaming services.

The company’s Origin geo-redundancy features ensure full operational capacity is maintained in the event of a catastrophic network failure, power outage, or other fault condition that might otherwise interrupt consumer facing video services or negatively impact revenue generation.

Craig Sinasac, Vice President Development and Technology at Velocix, said: “We’ve seen a lot of interest from service providers, especially telcos, in strengthening their disaster recovery and business continuity plans. Improving the robustness of our origin server’s geo-redundancy capabilities ensures that time critical activities, like live content acquisition and delivery, remain unaffected by a major outage in a specific geographical area. With our latest release, we have set a new benchmark for resiliency and fault tolerance, delivering a solution that meets our customers’ stringent standards.”

In addition to geo-redundancy, Velocix’s origin server release introduces flexibility and scalability enhancements, as well as support for high dynamic range (HDR10), 4K/UHD, and Dolby Atmos content. The latest origin server release, version 6.0, is available now.

Velocix’s range of carrier-grade content delivery solutions enable operators to scale-out capacity and boost the monetisation of premium, multi-screen video applications. More information about the company’s products is available at www.velocix.com.

 

MWC Barcelona 2020

Fira Gran Via, Feb 24 – 27

Join Velocix at the world’s largest exhibition for the mobile industry, Mobile World Congress 2020 in Barcelona (MWC).  MWC attracts leading-edge technology suppliers to showcase their latest innovations and features keynote addresses from the industry’s most influential visionaries.  Velocix will be hosting meetings with customers and partners at the show to discuss mobile video solutions for the 5G era and other recent product updates.

Contact us to schedule a meeting: https://velocix.com/contact/

Velocix will be located at the Volaris Communications and Media stand, Hall 7, Stand 7K61.

Velocix Taps Telecoms Veteran David Sharpley as CEO

Velocix announces a new CEO:

Velocix, the market’s leading provider of content delivery, origin and storage, and stream personalization software, today announced it has appointed telecommunications veteran David Sharpley as its Chief Executive Officer.  Sharpley is tasked with accelerating the company’s growth and continuing to expand its customer base around the globe.  Sharpley joins Velocix most recently as CEO of Incognito Software Systems, Inc. with previous executive experience at Amdocs, Bridgewater Systems and Oracle.  Velocix and Incognito are both portfolio companies operating within Volaris Group’s Communications and Media practice.

“Velocix is a strategic pillar acquisition for Volaris and we are committed to growing the business aggressively,” said David Nyland, Portfolio Leader and President of Volaris Communications and Media. “David is the ideal leader for Velocix given his extensive market relationships, industry credibility and stellar track record of operational execution.”

“Velocix has a marquee list of customers where we deliver incredible value and an exceptional set of video products,” said David Sharpley, CEO of Velocix. “With IP and mobile video viewership on the rise, all the right ingredients are here for a great success story and I am extremely proud to be part of the Velocix team.”

About Velocix

Velocix is the world’s leading provider of content delivery, origin and storage, and stream personalization software and we are Making Video Personal, on every connected screen.  Our technology is used to engage, entertain, and inform millions of people around the globe, every single day.  We help consumers connect with the content they love by building products that are more responsive to personal viewing preferences, making every video experience more rewarding. We work closely with our customers, including telecommunications, cable, and online video service providers, to help them navigate a rapidly changing video market, so they can lead the transformation, compete more effectively, and grow their businesses.

velocix.com 

Media Inquiries:

Velocix

Phone: +1 404 964-8495

Email: marketing@velocix.com

Velocix Highlights Programmatic Video Advertising, Ultra-Low Latency Live Streaming, and Hybrid-Cloud at IBC 2019

Velocix announces IBC 2019 trade show preview:

Velocix, the world’s leading provider of content delivery, origin and storage, and stream personalisation software, today announced it will highlight programmatic video advertising, ultra-low latency live streaming, and hybrid-cloud video architectures at IBC 2019 (13 – 17 September 2019, stand 5.C28).

“At the IBC show this year, Velocix will be discussing how service providers can maximise the value they generate from every video stream, by better monetising viewership, delivering a higher quality consumer experience, and building a more efficient video network,” said Jim Brickmeier, CMO at Velocix. “With our latest technology, we are helping our customers boost the business case for video by optimising the performance of the end-to-end content delivery network.”

Highlighted Topics:

    • Programmatic Video Advertising

Velocix’s CDN and stream personalisation platform interfaces with online ad exchanges to enable the programmatic selling and placement of ads into individual video streams.  Service providers can target specific audience profiles more precisely, enabling 50% higher ad revenues to be generated from the same ad avail inventory.

    • Ultra-Low Latency

The company’s ultra-low latency (ULL) video technology reduces the delay associated with delivering live adaptive bit rate (ABR) content to broadcast TV levels or better, ensuring the best quality of experience for live sporting events and news programming.

    • Hybrid-Cloud Video Architectures

Velocix’s new content delivery network architectures lower scale-out costs by using cloud-hosted resources to support temporary traffic spikes associated with live events.  Hybrid-cloud designs improve efficiency, accelerate time-to-market, and provide flexibility by presenting an alternative to dedicated infrastructure.

Velocix’s carrier-grade content delivery solutions are designed for live, on-demand, time-shifted video and cloud DVR applications, enabling operators to scale-out premium multi-screen video applications with confidence.

 

CLICK HERE TO SCHEDULE A MEETING WITH VELOCIX AT IBC.

 

About Velocix

Velocix is the world’s leading provider of content delivery, origin and storage, and stream personalisation software and we are Making Video Personal, on every connected screen.  Our technology is used to engage, entertain, and inform millions of people around the globe, every single day.  We help consumers connect with the content they love by building products that are more responsive to personal viewing preferences, making every video experience more rewarding. We work closely with our customers, including telecommunications, cable, and online video service providers, to help them navigate a rapidly changing video market, so they can lead the transformation, compete more effectively, and grow their businesses.

velocix.com 

Volaris Completes Purchase of Nokia’s Video Product Business

Volaris Group (“Volaris”) today announced the successful completion of the purchase of the majority of Nokia’s IP Video business. This acquisition was originally announced September 13, 2018.

Nokia will remain a minority shareholder in the new pure play streaming technology company, Velocix, operating as an independent business within Volaris Group’s Communications & Media portfolio. Financial details of the sale are not being disclosed.

About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at Volaris Group.