MN-QUMU
30.7.2020 15:17:09 CEST | Business Wire | Press release
Qumu, the leading provider of Enterprise Video as a Service (EVaaS)™ technology for the intelligent enterprise, announced use of its market-leading, cloud-based video technology platform pushed to record levels during Q2 of 2020. The company is reporting that traffic through its cloud platform regularly exceeded 8 million viewers during the quarter, as the impact of COVID-19 on enterprises continued to unfold. This jump represents a 360% increase in platform usage from the end of Q1 of 2020.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200730005594/en/
“The enterprise-level digital transformation initiatives which many projected would take years to fully materialize have basically arrived overnight,” said TJ Kennedy, Qumu President and CEO. “This fundamental shift in video usage for both internal and external communication has resulted in rapid technology adoption among organizations new to video, as well as significant expansion within enterprises that already have a platform in place.”
Qumu is playing a key role in helping organizations maintain business continuity as they continue to restrict travel, support work-at-home initiatives and virtualize events. As a must-have piece of enterprise technology, Qumu extends the functionality of popular enterprise collaboration tools like Zoom, Webex and Teams by adding unlimited scale, enterprise-grade security, and self-service broadcasting—enabling anyone within an organization to easily set up and run secure meetings, events and broadcasts including thousands or even tens of thousands of live attendees.
“Enterprises across the globe are continuing to make investments in video infrastructure, as they witness the savings and efficiencies of dramatically reduced business travel and a better-connected workforce,” noted Kennedy. “And when traditional offices open up again, video will have solidified its place as a primary means of communication and engagement. At Qumu, we are excited to be at the forefront of what has become a massive transformation in the way organizations drive communication and ultimately results.”
Parties interested in learning more about how enterprises are using video to replace in-person communication are encouraged to read Qumu’s latest white paper titled Beyond Uncertain Times: Video Communication as the New Standard available on the Qumu website.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200730005594/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Canva Introduces Magic Layers, Turning Static AI Outputs Into Editable Designs11.3.2026 14:00:00 CET | Press release
Breakthrough in Canva Design Model now unlocks ability to transform flat content and images into layered and fully editable designs Canva, the world's leading all-in-one visual communication platform, today unveiled Magic Layers, a new breakthrough technology that turns any flat design or image into something you can edit, refine, and remix to suit your vision. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260311951174/en/ Magic Layers is a new breakthrough technology that turns any flat design or image into something you can edit, refine, and remix to suit your vision. Generative AI has triggered a flood of visual content, but most of it remains locked in static image files. Even small changes can require starting over, with reprompts that can unintentionally alter the entire design. Powered by years of internal research and Canva’s growing investment in its AI development arm, Magic Layers ushers in a new era of editable
Xsolla Releases New Industry Report Identifying the Biggest Opportunities for the Future of Video Games for Developers11.3.2026 14:00:00 CET | Press release
The Xsolla Report Reveals How Studios Are Unlocking New Revenue, Reaching Global Audiences, and Building Durable Competitive Advantages Xsolla, a leading global video game commerce company, today released the latest edition of The Xsolla Report, timed to coincide with this week's activations and collaborations in San Francisco. This edition provides insights from working with thousands of studios to map out where the industry’s biggest opportunities are emerging. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260311021020/en/ Graphic: Xsolla The gaming industry remains extraordinarily vibrant, and the playbook for success is changing. Studios that are adapting their commercial strategies, embracing direct-to-player commerce, expanding into high-growth global markets, and leveraging AI to sharpen operations are pulling ahead and building businesses designed to thrive for years to come. "The economics of game development have
Adtran plays key role in OIF’s OFC 2026 interoperability demo with FSP 3000 OLS, ZR+ coherent plugs and domain controller11.3.2026 14:00:00 CET | Press release
News summary: Live OIF demo brings together 40 companies to highlight real‑world multi‑vendor operation across open optical networks Showcase demonstrates interoperable 100G, 400G and 800G ZR+ transport over open line systems with multi-domain control Adtran’s ZR+ pluggables feature across both the OIF demo and plugfest, highlighting their role in open, multi-vendor deployments at scale Adtran today announced it’s playing a key role in the OIF’s multi-vendor interoperability demo at OFC 2026. The showcase brings together 40 member companies, highlighting real‑world operation across open optical networks. It validates multi‑vendor 100Gbit/s, 400Gbit/s and 800Gbit/s ZR+ coherent pluggable transceivers operating over open line systems. Featuring Adtran’s FSP 3000 OLS, coherent ZR+ pluggable optics and Mosaic Network Controller, the setup extends previous years’ configurations to include C‑ and L‑band operation and multi‑layer domain control. Adtran’s 800Gbit/s ZR+ pluggables also feature
SES Launches Cash Tender Offer11.3.2026 13:25:00 CET | Press release
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN, OR AT ANY ADDRESS IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE UNITED STATES) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT)) OR IN OR INTO ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW). SES (the “Offeror”) announces today that it is inviting holders of its outstanding €625,000,000 Deeply Subordinated Fixed Rate Re
Thredd and Cross River to Accelerate Expansion into the US Market for Global Fintechs11.3.2026 13:01:00 CET | Press release
B4B Payments scales U.S. operations through collaboration Thredd, the AI-first issuer processing platform, today announced a strategic alliance with Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions. The relationship is designed to accelerate the entry of international fintechs into the United States. This collaboration leverages Thredd’s global expertise and technology stack with Cross River’s proprietary core infrastructure, established market leadership and regulatory expertise, creating a seamless pathway for innovative payment solutions to launch and scale in the U.S. As part of this agreement, Thredd becomes one of Cross River’s select strategic processing partners outside of the bank’s own stack. The arrangement enables Thredd to introduce a curated pipeline of high-potential fintech clients from various geographic regions*.1 In turn, Thredd’s clients benefit from Cross River’s proven ability to deliver compliant, sca
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom