San Bruno, CA – January 14, 2014 – Qumu, the leading business video platform provider, announced today that it has been recognized by Frost and Sullivan as the market share leader in the Competitive Landscape for 2014 in their report on Global Enterprise Video Webcasting Solutions released this week.
Qumu is a “market share leader with an extensive product line, scale and cost advantages with a strong commitment to the enterprise video communication business”
The report analyzed 17 providers with enterprise video webcasting capability and scale, ranking each provider according to their functionality, product line strategy, pricing models, geographical footprint and M&A and partnership strategy.
According to Frost & Sullivan, Qumu is the market leader in the global enterprise video webcasting solutions market. The report states, “Qumu’s extended product line with both on-premise and cloud solutions caters to a plethora of verticals.” Additionally it mentions, “With BYOD exploding in enterprises, Qumu is positioned to leverage their cloud offerings, mobile streaming solutions and integration packages.”
The Enterprise Video Webcasting Solutions report highlights other factors contributing to Qumu’s leadership position such as its “unique control software for encoders and streaming servers” ensuring a strong base infrastructure for webcasting.” Qumu was also recognized for their strong mobility solutions, robust analytics and new cloud offerings that will help them compete in the SMB market.
“It is a privilege to be recognized by Frost & Sullivan in their Enterprise Video Webcasting Solutions report,” said Vern Hanzlik, Senior Vice President and General Manager of Qumu. “It is our belief that Qumu’s position as the market leader in Enterprise Video Webcasting reflects our dedication to innovation and continuous development of better services for all enterprise video communications.”
Download 31 page excerpt of the Frost & Sullivan Global Enterprise Video Webcasting Solution report.
About Qumu Corporation
Qumu Corporation (NASDAQ: QUMU) provides the tools businesses need to create, manage, secure, distribute and measure the success of their videos. Qumu’s innovative solutions release the power in video to engage and empower employees, partners and clients. Qumu helps thousands of organizations around the world realize the greatest possible value from video and other rich content they create and publish. Whatever the audience size, viewer device or network configuration, Qumu solutions are how business does video. Additional information can be found at www.qumu.com.
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