Wowza Media Systems Continues to Transform the Streaming Industry with Its Unique Combination of Software and Cloud-Based Services
Market Expansion, Customer Growth, and Innovation Show Clear Evidence of the Company’s Global Impact Across Industries
Golden, Colo.— July 29, 2015 — Wowza Media Systems™, the leading software and cloud-based services provider that continuously solves the complexities of high-quality video and audio streaming for organizations worldwide, today announced strong market momentum leading into the second half of 2015. Company milestones include increased growth, widespread adoption, new product innovations and the expansion of its partner ecosystem.
“The growing excitement and demand for live video continues to reinforce the importance of our technology as the mining equipment of the Internet video gold rush,” said David Stubenvoll, CEO and co-founder of Wowza Media Systems. “We are excited to build on this strong momentum that has come as the result of company growth, an expanding customer and partner base, and continued product innovation. This momentum will propel us forward as we continue to lead the industry in live and on-demand video and audio streaming with our hybrid offerings.”
This momentum is a strong indicator of how Wowza™ server software and cloud-based services are transforming the streaming industry with unmatched flexibility, customization, and control. Wowza technology provides the foundation for many of today’s streaming solutions, while also delivering products and services directly to end customers so organizations worldwide can utilize video and audio streaming for deeper engagement and expanded reach.
Customer Expansion and Market Penetration Fuel Growth
To date, Wowza has more than 15,000 revenue-generating direct end customers, service providers and OEMs who, by purchasing Wowza products and services, have realized the vast benefits of cost-effective, high-quality streaming that attracts audiences across device types, bandwidth conditions and operating systems. From top universities and sports teams to broadcasters and large enterprises, the Wowza customer base continues to expand with deployed solutions in more than 170 countries across six continents.
Wowza Media Systems powers or partners with more than 70 percent of the providers identified in Gartner’s Enterprise Video Content Management Magic Quadrant, including Qumu, Kaltura and Ramp. Its strong market presence extends to content delivery networks (CDNs), with almost 40 percent of CDNs — including leaders such as Limelight Networks, GS Neotek, CDNetworks and Tata Communications — included in Wowza’s customer base.
Global Growth to Meet Robust Demand
As video and audio streaming continue to be an integral way for organizations to engage and communicate, the demand for Wowza’s integrated, hybrid model of deployable software and cloud-based services has experienced robust growth over the past year. To meet this global demand, the company has more than doubled its employee base in the past two years, and now has employees in six countries.
"A seismic shift is underway, driven by the demand for video to be streamed to a wide variety of devices, and it is impacting how organizations view the importance of streaming technology. For IPTV and OTT broadcasters, educational institutions, government, enterprise and other organizations, the ability to build, deploy and manage the workflow required for high-quality video streaming is critical to successful viewer engagement, no matter the target audience,” said Avni Rambhia, principal analyst at Frost & Sullivan. “The challenge today is to develop industrial-grade technology and infrastructure these organizations need to meet the soaring demand for live video streaming solutions while offering high reliability, quality of experience and innovative product capabilities.”
Technology Innovations Ensure Industry-Leading Solutions
As an industry leader, Wowza continues to address the ever-changing complexities of streaming video and invest in leading-edge technology development. The company recently unveiled the following capabilities:
- The Wowza Streaming Cloud™ service gives both new and experienced users access to a professional-grade live streaming service. Preconfigured settings help users get started in minutes, while advanced options allow power users to create tailor-made solutions with the utmost control and flexibility. Customers can stream directly from IP cameras or encoders without the need for additional streaming infrastructure.
- Wowza Streaming Engine™ Pro is now the current edition of Wowza Streaming Engine software that includes the capabilities of Wowza Transcoder, Wowza nDVR and Wowza DRM. Its unlimited transcoding feature puts live adaptive bitrate streaming within reach of every user by eliminating per-channel transcoding costs.
- In addition to all of the most widely used codecs and protocols, support for HEVC/H.265, VP9, Vorbis, Opus, WebM and 4K streaming is also provided to future-proof customers’ technological investments. Wowza technology delivers affordable, professional-quality streaming that not only keeps pace with industry innovations, but also helps lead the way in the ever-changing video and audio landscape.
Expanded Channel and Partner Ecosystem Deliver Best-of-Breed Solutions
Among the fastest-growing areas of Wowza’s business, channel and partner programs reflect the incredible opportunity presented by today’s global market when it comes to live video and audio streaming.
The Works With Wowza™ partner program ensures that customers looking to create a streaming solution can receive end-to-end guidance, validation of specific components and additional integration guidance and support. To meet customers’ expanding needs, Wowza’s partner community has doubled in size since its being debute last year, introducing and extending partnerships with NewTek, Telestream, LiveU, Sony, Telos Alliance, Axis and more.
Wowza also continues to expand its channel program to provide customers with a flexible buying process and the opportunity to engage with local field representatives. Its channel program now spans 40 countries and includes a network of more than 3,000 resellers and distributors.
To learn more about Wowza Media Systems, visit www.wowza.com.
About Wowza Media Systems
Wowza Media Systems is the leading software and cloud-based services provider that continuously solves the complexities of high-quality video and audio streaming for organizations worldwide. Wowza delivers an award-winning, extensible solution set that provides unparalleled customization, configuration, and control for an unlimited number of streaming use cases. Its integrated, hybrid model empowers direct end customers, service providers, and an extensive worldwide partner network. Wowza’s proven, patented technology enables organizations to expand their reach, more deeply engage with key audiences, and increase their monetization opportunities. Wowza has rapidly built a fan base of more than 15,000 customers, in 170+ countries, across all industries. The company was founded in 2005, is privately held and is based in Colorado. For more information, please visit www.wowza.com.
Natalie Wolfrom for Wowza Media Systems
“Wowza” and other identified trademarks are either registered or claimed trademarks of Wowza Media Systems, LLC; visit wowza.com/legal/trademarks for more information. Third-party trademarks are property of their respective owners; their use does not imply endorsement of Wowza products or services by the trademark owner.