IneoQuest Says It's Breaking Sales Records
MANSFIELD, Mass. -- IneoQuest Technologies, the global leader in video quality and service assurance, today announced an impressive year of global growth highlighted by four consecutive record sales quarters, new executive hires, new customer additions across the globe, geographical expansion and industry recognition. With its best year in company history, IneoQuest has proven its ability to meet the growing demand for video quality and service assurance solutions stemming from the explosive growth of the video industry with the rising consumption of Internet and mobile video. Since IneoQuest helps video providers through all methods of delivery keep up with this change, the company has recently seen a dramatic rise in the adoption of its video solutions worldwide. “The industry’s focus is shifting from expanding online video selections to generating incremental revenue, and with that shift expectations for online video quality are on the rise,” said Ian Olgeirson, senior analyst with SNL Kagan. “As operators pursue new revenue models and work to monetize TV Everywhere and other over-the-top offerings, quality and service assurance becomes an increasingly crucial element.” “This is a very exciting time to be at IneoQuest and witness the company’s incredible global growth,” said Calvin Harrison, COO of IneoQuest. “We have exceeded our goals for each quarter of our fiscal year. With the combination of award-winning solutions and seasoned executive team additions, we look forward to leading the industry by providing advanced video solutions to help our customers adapt to this rapidly changing market. We continue to have high demand for our linear broadcast solutions, while exceeding company goals for sales into the adaptive streaming video market, where we have the only end to end deployable solution.” IneoQuest Technologies Inc.