With over 100 million users, Microsoft SharePoint is used by organizations globally for employee collaboration and management of digital assets. Although SharePoint is well-suited for management of documents and images, video remains a challenge, especially with digital transformation initiatives magnifying consumption of video in organizations.
How do you overcome that challenge? Or are the limitations of SharePoint with respect to video overhyped?
Gartner, world’s leading research and advisory company, recognizes both VIDIZMO and Panopto in their Magic Quadrant report for Enterprise Video Content Management. Both solutions are designed to capture, host, manage, and deliver enterprise video, but a deeper look reveals fundamental differences in each product’s market positioning and the way they’ve built their product to address their target market’s preferences.
A platform to store, organize, manage, search, retrieve, and share different types of videos, an enterprise Video Content Management Systems (VCMS) allows a business to stream live and on-demand videos across the organization on a global scale. Use-cases could involve setting up an e-learning environment, monetizing your video content, and streaming CEO town halls live to thousands of concurrent viewers across the world. But before doing any of that, your videos must be processed to be made available on your enterprise video portal.
Question is:
“How long does it take for a video to be available for playback once it’s uploaded?”
There are about 100,000 Baby Boomers retiring from the workforce every day. Organizations across all industries face an imminent threat of losing invaluable institutional knowledge as their most experienced employees leave in droves.
The current organizational landscape is experiencing an explosive growth of enterprise video and social business applications to fuel organization-wide collaboration, learning, and productivity. Last year, McKinsey & Company ranked video sharing among the top three fastest-growing Enterprise 2.0 technologies, alongside blogs and enterprise social networks.
At first glance, the largest Fortune 500 enterprises in healthcare, financial services, automobile, retail, manufacturing, among others seem to have nothing in common. They operate in disparate industries with distinct business challenges. Yet, structurally, they are very much alike. They all comprise of sizeable multi-unit or multi-divisional departments that make up the enterprise.
These departments -- often defined based on their function, product/ service focus, or location -- operate independently of one another and may even be dispersed across geographical boundaries, especially in the case of large organizations.
With digital workplace transformation now a competitive necessity, video has become the most important form of business content – now and for the foreseeable future. Findings by Gartner Research show a continuing upward trend in video popularity, with 75% of employees at large organizations expected to interact with video content at least thrice a day by the end of 2018. As the volume of video in enterprise environments grow, so does the need to manage video content in a centralized portal and leverage data to streamline the experience for internal and external business customers.
The digital era can be characterized by the growing necessity for digital asset management across all industry verticals. From the corporate world to academia, the health industry to non-profits – just about every sector is now required to manage a multiplicity of digital assets generated on a daily basis.
Remote corporate training is on the rise.
With organizations becoming increasingly global and agile, there is a high demand for video-based remote training for geographically dispersed employees operating in various time zones or those who are globally mobile – all while granting companies significant cost savings and time efficiencies.
