San Bruno, CA, January 19, 2016 – Qumu (NASDAQ: QUMU), the leader in enterprise video, today announced that it has received orders for new or expanded solutions from two of the 20 largest global pharmaceutical firms by sales in Q4 of 2015.
Four of the ten largest pharmaceutical firms in the world are now using the Qumu enterprise video platform
Qumu is a leader in the pharmaceutical industry, with four customers out of the ten largest global pharmaceutical companies by sales. These orders demonstrate continued interest and perceived value in the unique capabilities Qumu brings to this fast-moving yet heavily regulated industry.
“Pharmaceutical and other healthcare-oriented businesses have to be agile to be successful in their fast-paced environment,” said Vern Hanzlik, president and CEO of Qumu. “We’ve seen significant demand for our solution that lets them use video as a strategic communication and collaboration tool. As the leader in enterprise video, we’re excited to be helping these customers accelerate their businesses while keeping communications secure.”
About Qumu Corporation
Video is today’s document. 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.
Pete Steege, Director of Marketing Communications