Video streaming has truly converged the gap amongst user groups, where all demographical boundaries have blurred so businesses can target a diverse audience in just one go. People all around the world, from all economies, age groups, classes to the socio-cultural background have only shown a remarkable rise in the demand consequently leading to forecasts predicting 89% of purchasing decisions being driven from videos by 2022. The global video enterprise market predictions by Markets and Markets show a revenue increase up to $40.84 billion in the next three years, which indicates an upsurge in the growth rate of about 20% annually.
Major global trends which impact societies, economies, businesses, cultures, and personal lives, often called megatrends, define the future and the pace with which the world changes. Communities and businesses today are presented with a landscape characterized by a sophisticated and unprecedented set of challenges and opportunities. Subject to disruption, the existing market can even disappear abruptly in a short space of time if they do not adopt these megatrends.
VIDIZMO is an Enterprise Video Content Management platform that solves various challenges for its users involving hosting, managing, streaming and sharing of video and other media assets. We don't provide a cookie-cutter system to our customers that is same for everyone. Rather, we provide you the flexibility of configuring and customizing VIDIZMO according to your organizational needs, and based on your requirements, you can use VIDIZMO as a platform or a full-fledged product.
By Artificial Intelligence (AI), the industry leaders are creating the most significant technological revolution. The technology – which enables machines to imitate and augment human intelligence – is here. Across all industries, AI is increasingly being used to address a wide range of challenges such as fulfilling regulatory requirements, overcoming rising security threats, handling reduced profits, and satisfying demanding consumers.
Enterprises are continuously searching for solutions that allow them to increase their workforce productivity, reduce manual labor and enable automation for their business processes. With digital content increasingly becoming a huge asset in organizations, the need for reducing human involvement from different workflows of content management is highly demanded. This is a field where visual text recognition – more commonly known as Optical Character Recognition (OCR) – plays a major role in automating the adoption of digital assets for enterprises.
Artificial Intelligence (AI) is reshaping how businesses are using video. By leveraging machine learning and tapping into unstructured data inside video content, organizations can mine valuable insights and unearth significant optimization opportunities. Companies working on AI now rely less on bottom-up data and more on top-down data reasoning that bears a close resemblance to the way humans approach problems and tasks.
Video has become a dominant method to engage employees and customers through a wide range of use cases. Firms and users alike recognize the immense value in video’s ability to sustain and create a healthy corporate culture. While users push companies for easy access to more tools, smart firms have realized the benefits of a video connected business and take steps to expand their offerings.
With videos increasingly becoming a common mode of communication in the corporate world, enterprises expect their video hosting platform to provide enhanced video interactivity options. To cater to these rising expectations, VIDIZMO has introduced a couple of new features in its latest product release. These features are enhancing the VIDIZMO player to provide better and improved video interactivity and playback experience to its users.
With enterprises increasingly using content producing systems such as video conferencing tools, digital assets management and other content management systems, the enterprise application hosting your videos and other media assets is expected to provide easier content processing, metadata tagging, and search capabilities. This leads to the impending need of a technology that powers your enterprise’s data with smart vision, speech recognition and intelligent search, allowing you to implement a solution that is not cost or resource intensive, rather ensures enhanced content consumerization, workforce productivity and automation efficiency.
Live streaming has always been a critical part of VIDIZMO, a Gartner recognized enterprise video content management solution. In recent years, VIDIZMOfound increasing appetite in the market for low latency and scalable live streaming platform that can run on any cloud, on-premises and offers flexibility to build a private CDN. After careful evaluations, VIDIZMO chose to integrate Wowza Streaming Engine and Wowza Cloud to meet its new and existing customer’s needs.