|By Business Wire||
|July 21, 2014 07:00 AM EDT||
Octoshape, an industry leader in cloud-based, over-the-top (OTT) stream acceleration and contribution technologies for broadcasters, and Catenoid, an online Video Platform (OVP) and cloud computing service provider based in South Korea, announced today that they have entered into a partnership to offer video contribution and distribution solutions to major broadcasters and operators in South Korea and Japan.
Given the rapidly growing consumption of Internet video across connected devices, broadcasters and others increasingly require a carrier-grade, flexible, OTT solution that meets their quality, scale and cost requirements. Under the agreement, which further expands the Octoshape footprint to include the fast-growing South Korean market, broadcasters and operators gain access to Octoshape’s full suite of cloud-based OTT/IPTV video streaming services. In addition, Catenoid’s superior APAC expertise and pre-existing relationships, will serve to facilitate and expedite service localization and expansion.
“South Korea, as one of the world’s most advanced Internet markets, provides a significant market opportunity for multiscreen content delivery,” said Michael Koehn Milland, CEO of Octoshape. “In partnership with Catenoid, we have the in-region resources, expertise and cultural skills needed to exceed our customers’ content delivery growth objectives.”
"Our customers have done their research and know what it takes to transition to a full-scale broadband TV distribution strategy,” said Hyoungseok Kim, Co-Founder and CEO of Catenoid. “Coupled with our Online Video Platform (OVP) and targeted at the APAC market, we are confident in our joint ability to offer a superior viewing experience and delighted that we can meet our customers’ needs immediately and cost effectively.”
Octoshape’s technologies are adopted by some of the largest broadcasters, technology and service providers in the world, enabling them with OTT/IPTV and TV Everywhere services at the highest possible quality and scale. Octoshape’s Infinite HD™ platform is a differentiated platform that enables the evolution of broadcast TV to global, cloud-based broadband TV.
Streaming media innovator Octoshape is bridging the transition from Broadcast TV to Broadband TV by providing the enabling technology required to bring TV Quality, TV Scale and TV Economics to the public Internet. The Octoshape approach is more scalable, flexible and affordable than traditional content delivery (CDN) schemes, while providing feature-rich, high-quality viewing to the largest of audiences. Leading broadcasters and direct broadcast satellite service providers around the world are relying on Octoshape to deliver their content over IP Networks to broadband connected devices. Please visit www.octoshape.com for more information and follow us on LinkedIn and Twitter for all the latest updates.
Catenoid, AsiaPac’s leading provider of online Video Platform (OVP) and cloud computing services, offers end-to-end, high quality video delivery services. Catenoid’s Kollus is an easy to use, cloud-based Online Video Platform (OVP) solution designed for enterprise-level video services. Integrated with CMS and CDN solutions, Kollus enables video upload, real-time transcoding and integration with multiple connected devices, including PCs, mobile phones, tablets and TV. In addition, the content management system includes web publishing features.
Catenoid also operates global data center services for enterprises planning to expand their business globally. The company manages all operations in a cross-cultural and multi-language environment, through globally distributed network, hardware solutions and operation. Catenoid is the perfect one-stop option for enterprises seeking to set up their global IT infrastructure and operations while reducing total cost of ownership.
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