Videosoft
Combining adaptive video compression and transmission protocols, Videosoft offers ultra-low bandwidth for seamless streaming.
Enterprise
CARLSBAD., Calif., February 8, 2024 – Videosoft Global, a Viasat ELEVATE partner, and Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, have announced an agreement to integrate Videosoft's video streaming technology into INTELIE - Viasat's operational AI platform.
The agreement means Viasat will be able to provide Videosoft’s live-streaming capabilities via INTELIE to increase situational awareness for businesses, help them respond to events in real-time, and make informed decisions.
Videosoft Global’s live video streaming solutions use adaptive video compression and transmission technology to deliver high-quality, low-latency streaming over satellite communications. With streaming capabilities from as little as 4kbps over satcom, cellular, and mesh networks, the technology ensures stability in challenging network conditions, while lowering data costs.
INTELIE is Viasat's advanced operational AI platform for industrial applications, for example, energy and mining. The platform provides a real-time view of what is happening in the field, delivering operational intelligence and real-time predictive analytics. This enables companies to take better actions where they need most to mitigate the risks of downtime and financial loss.
The integration of Videosoft’s video streaming capability into INTELIE will create a next-generation AI-driven real-time monitoring and analytics solution for delivering mission-critical communications from remote locations worldwide.
This deal demonstrates the unique value of Videosoft’s technology as a key enabler in the advancement of monitoring solutions for driving industrial operational efficiency. As a leading live video streaming solution provider with an established reputation in serving the oil and gas sector, Videosoft’s partnership with Viasat will extend the reach of Videosoft’s solutions beyond their current customer base including maritime, aviation, uncrewed vessels, military, defense and homeland security applications.
"We are thrilled to be partnering with Viasat on this important initiative," said Stewart McCone, Chief Executive Officer at Videosoft. "The integration of our live video technology into INTELIE adds an essential layer of situational awareness that will give customers greater control over their operations."
"We are excited to be working with Videosoft on such a cutting-edge solution offering," said Simon Hawkins, Vice President, Enterprise Commercial & Innovation at Viasat. "This partnership is a clear example of how Viasat ELEVATE can bring innovation and new business development opportunities to our partner network. By combining Videosoft's live video technology and our expertise in satellite communications, we believe that we can help businesses operate more efficiently – both in terms of cost and operational control.”
Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people’s lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. On May 30, 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on Facebook, Instagram, LinkedIn, X or YouTube.
PR Contact – Richard Jones, +44 7843 819611, [email protected]
Paul Froelich/Peter Lopez, Investor Relations, +1 (760) 476-2633, [email protected]
Videosoft Global is fast establishing itself as a global leader in high-quality, low-latency live video streaming solutions across wireless networks. With working locations spanning across the UK, France, Australia, US, Canada & Asia. Its unparalleled technology seamlessly integrates adaptive video compression and transmission protocols, revolutionising streaming capabilities by delivering remarkable ultra-low bandwidth performance starting from as little as 4kbps. This redefines the notion of a ‘low bandwidth’ video solution and ‘works when you need it most’, even in the most challenging of environments. Hardware and network agnostic, Videosoft is well placed to meet the needs of customers experiencing real-time video challenges from remote locations, providing tailored solutions across many markets.
Learn more at: videosoftglobal.com.
