Octoshape Expands into Australia with Cloud-Based OTT IPTV Services
PHOENIX--(BUSINESS WIRE)--Driven in large part by the company’s success across the Americas, EMEA and APAC regions, Octoshape, an industry leader in cloud-based, over-the-top (OTT) stream acceleration and contribution technologies for broadcasters, enterprises and carriers, announced today a further push into Southeast Asia and Oceania with the establishment of a new office in Sydney, Australia.
“Until now, broadcasters in the region have had very few provider choices for global and local content distribution”
“Until now, broadcasters in the region have had very few provider choices for global and local content distribution,” said Michael Koehn Milland, CEO of Octoshape. “Not only is Octoshape now firmly planted in every corner of the globe, but leading media organizations in the wider Australia region now have access to a cloud streaming platform that offers fixed costs, while achieving higher quality video playback for multiscreen content delivery.”
Octoshape’s global OTT cloud platform provides a compelling combination of the highest achievable quality of service with unique fixed price business models that are not available via any of the existing service providers in the region. Traditionally, Content Delivery Networks (CDN) are required to deploy edge servers close to the end user in order to minimize video buffering. In addition, they charge based on consumption, resulting in unpredictable business models. Octoshape’s patented Stream Acceleration technology eliminates buffering and offers a broadcast quality viewing experience across multiscreen devices. Octoshape also offers fixed price distribution, either per subscriber or per channel, enabling predictable business models for more effective content monetization.
The OTT Internet TV market currently enjoys an explosive growth phase. Broadcasters and content owners increasingly require a carrier-grade, flexible, multiscreen solution. Consumer use of OTT IPTV services are surging and smartphone penetration has hit an all-time high. Broadcasters and carriers alike agree that OTT distribution presents new revenue opportunities, while bringing innovation to the industry and providing opportunity for sustainable future growth of their businesses.
Octoshape is a revolutionary cloud OTT IPTV service provider that focuses on delivering broadcast, enterprise and carrier solutions. Octoshape’s cloud technologies are adopted worldwide to enable the evolution of broadcast TV to broadband TV. The patented stream acceleration platform, combined with the suite of multicast technologies, offer unparalleled stream quality, true global reach and multicast-equivalent network efficiency to deliver a consistent and cost effective TV viewing experience for broadband multiscreen, point to multi-point contribution and enterprise delivery. Visit us at www.octoshape.com for more information and follow us on LinkedIn and Twitter.