Qwilt Honored with Awards from Broadband Technology Report and Streaming Media Magazine
Qwilt Video Fabric Receives 4.0 BTR Diamond Rating; Company Recognized in Streaming Media’s “100 Companies that Matter Most in Online Video”
REDWOOD CITY, Calif., October 7, 2015 – Qwilt, a leading provider of online video delivery and open video caching solutions, today announced that its flagship open cache product, the Video Fabric, received a 4.0 diamond rating in Broadband Technology Report’s (BTR) annual Diamond Technology Reviews program. Qwilt was also named to Streaming Media Magazine’s “100 Companies that Matter Most in Online Video” for the 2nd consecutive year.
“The rapid growth of online video is one of the great strategic challenges network operators face today. This presents us with a tremendous opportunity to help service providers worldwide who are seeking to prepare their networks for the future of streaming,” said Alon Maor, CEO of Qwilt. “We are honored to be recognized by two well-respected and influential organizations in the broadband and online video industry. These awards are further validation of our team’s commitment to provide network operators with a scalable open caching solution, at a fraction of the cost of a traditional network infrastructure buildout, and to deliver unprecedented quality of experience for consumers.”
Established by BTR in 2004, the Diamond Technology Reviews is the cable industry’s most elite annual product review program, evaluated by a prestigious panel of multi-system operator (MSO) executives and consultants. Qwilt was a co-winner of the distinguished 2013 Broadband Technology Report (BTR) Innovation Award, and received a 3.5 diamond rating.
In its fifth annual year, the Streaming Media 100 list is selected by regular contributors of the publication and is comprised of the most interesting, important and influential companies in the online video industry. Companies included in the list are in the online video space, companies that offer products, services, and technologies that enable end users (or other vendors) to contribute to the unstoppable growth of multiplatform, multiscreen, multi-device video delivered via the internet.
Qwilt’s Video Fabric combines open caching, media delivery, and analytics in a turnkey, unified platform. Using a proprietary popularity prediction algorithm to determine which titles will be most effective to cache, it continuously monitors traffic across operator networks in real-time to identify trending and popular content. This content is then stored locally in an internal cache and in close proximity to end users, removing the need for duplicate streams from origin sites or remote content delivery networks (CDNs) networks. The result is faster delivery time and minimized network strain and congestion for a flawless, high-quality consumer viewing experience that is completely transparent to the content provider, network and user.
Qwilt will be exhibiting the Video Fabric at Booth 417 at the SCTE Cable Tec Expo in New Orleans, LA, October 13-16, 2015.
Qwilt addresses the impact of OTT video on operator networks with a unified, turnkey solution that combines open caching, video delivery and analytics technologies deployed at the subscriber edge. The Qwilt Video Fabric optimizes delivery of streaming video content to relieve network traffic congestion for operators and deliver a higher quality viewing experience for their customers. A growing number of the world’s leading cable, telecom and mobile service providers rely on Qwilt to optimize their networks to support growing consumer demand for online video content as a primary entertainment source. Qwilt is a founding member of the Streaming Video Alliance, a new industry forum building the open architecture for streaming. Founded in 2010 by industry veterans from Cisco and Juniper, Qwilt is backed by Accel Partners, Bessemer Venture Partners, Cisco Ventures, Disrupt-ive, Innovation Endeavors, Marker and Redpoint Ventures. Learn more at www.qwilt.com.
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