RE: harmonic Inc (Nasdaq listed $790m)17 Apr 2023 10:20
SAN JOSE, Calif. — April 16, 2023 — Harmonic (NASDAQ: HLIT) today announced that it has launched VOS®360 Ad, an innovative, stand-alone, server-side ad insertion (SSAI) SaaS that is fully cloud-based, enabling targeted addressable advertising at scale for video streaming. Powered by Harmonic’s state-of-the-art, field-proven manifest manipulation technology, VOS360 Ad SaaS allows best-in-class targeted ad delivery to millions of concurrent viewers for live sports streaming as well as a host of streaming applications, including linear, VOD, FAST, IPTV and low-latency live streaming.
“VOS360 Ad SaaS takes targeted advertising to the next level by providing media companies with a robust solution that is fully scalable, offering low latency and enhanced addressability,” said Gil Rudge, senior vice president, video products and solutions at Harmonic. “With our stand-alone SSAI SaaS, video service providers can tap into the reliability and scalability of VOS360 while delivering truly personalized ads to the individual viewer level, vastly improving audience engagement and monetization.”
VOS360 Ad solution’s advanced SSAI capabilities will be used by MSG Networks for its new MSG+ sports streaming service, launching this summer. “With the VOS360 solution, we can deliver targeted advertising with unparalleled scalability and outstanding quality,” said Dave Schafer, senior vice president, product, technology and operations for MSG Networks.
Complete Solution Offers Best-in-Class Feature Set
VOS360 Ad SaaS reinforces Harmonic’s leadership position in the video streaming market. The comprehensive solution includes ad ingest and processing, ad serving, frame-accurate server-side ad insertion, ad decision server and supply-side server capabilities. Innovative features include:
Industry-leading scalability: Deployed at scale, VOS360 Ad delivers over 250 million ad impressions and serves 12 billion manifests a month, allowing content owners to achieve higher ad fill rates.
Field-proven reliability and geo-redundancy: Similar to VOS360 Media SaaS, VOS360 Ad SaaS leverages Harmonic’s high standard of quality, providing industry-acclaimed reliability for ad revenue streams. The field-proven solution can be deployed in a fully geo-redundant fashion.
Low latency: VOS360 Ad allows for low-latency streaming of premier events in UHD without impacting ad revenue.
Innovative dynamic brand insertion: Partnering with Mirriad, VOS360 Ad enables video service providers to create more ad inventory without increasing the ad load.