San Bruno, CA – October 20, 2014 – Qumu (NASDAQ: QUMU), the leading business video platform provider, today announced that it has again been recognized as a Leader by information technology research and advisory firm, Gartner, Inc. in their second annual Magic Quadrant for Enterprise Video Content Management report. Recent Qumu acquisition, Kulu Valley was also evaluated by Gartner prior to the announcement of the merger and positioned highest for ability to execute in the Magic Quadrant’s Challengers category.
Recent Qumu acquisition Kulu Valley positioned highest for ability to execute in the Challengers category
The October 15 report, authored by Gartner Distinguished Analysts Whit Andrews and Adam Preset, analyzed 17 providers with enterprise video capability and scale, placing each provider on a matrix according to their completeness of vision and ability to execute that vision. The report will help enterprise video platform buyers select an appropriate provider for their needs.
Qumu’s robust streaming architecture and unique ability to address the widest variety of customer implementation patterns, from on-premises, hybrid-cloud and private cloud deployments, makes a strong base for a wide array of enterprise video solutions. That base combined with a variety of video tools, from Speech Search to social business software integrations to mobile solutions give Qumu customers the ability to create a tailor-made video solution for their company.
Kulu Valley, which has been rebranded as Qumu Cloud, adds outstanding content creation capabilities and an easy-to-deploy pure cloud solution to the list of features available to companies looking for a versatile and powerful video platform for communication and collaboration at any scale.
Sumit Rai, former CEO of Kulu Valley and current Chief Experience Officer at Qumu says, “Kulu Valley and Qumu have both been developing different solutions for the same market, we believe being recognized by Gartner in the Magic Quadrant further proves that combining these two outstanding solutions will bring about better enterprise video solutions for enterprises everywhere.
Both Qumu’s ability to execute as well as their completeness of vision led Qumu to be recognized for the second year in a row as a Leader in the Magic Quadrant Matrix. “We are honored to be recognized as a leader by Gartner,” Said Vern Hanzlik, Executive Vice President and General Manager of Qumu, “We believe Qumu’s and Kulu Valley’s positions in the Magic Quadrant are a validation of the combined strength of our solutions. Qumu’s strengths in content management and delivery are complemented by Kulu Valley’s best-in-class content creation tools and pure Cloud platform.”
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.
About the Magic Quadrant
Gartner does not endorse any vendor; product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Pete Steege, Director of Marketing Communications