Net Insight Lands Tata as First Live OTT Customer
STOCKHOLM -- Net Insight, the leading provider of live, interactive and on-demand media transport, today announces that global communications service provider Tata Communications is Net Insight’s first customer to implement its truly live over-the-top (OTT) solution globally. The two companies have signed a framework agreement covering the use of Net Insight’s solution, which enables Tata Communications to integrate Net Insight’s solution in its Media Ecosystem, including its Video Connect service, underpinned by the company’s global network. This will allow Tata Communications to provide its media and entertainment customers with a range of live OTT content management and delivery services.
Traditional OTT content delivery is not built for live OTT, as it is optimized for video on demand (VoD) and catch-up TV. Because of this, solutions are ill equipped for the delivery of live OTT with unpredictable delay and critical synchronization issues. They are unable to deliver multiscreen TV so that every viewer, using any device, experiences the exact same content at the same time.
Net Insight’s live OTT solution enables customers to overcome live OTT challenges by harmonizing the 1st and 2nd screen. With unprecedented capability to synchronize multiscreen TV in real time, Net Insight paves the way for the monetization of the massive commercial value found in live content, such as major international sports events. In addition to synchronization, the 1st and 2nd screens will be integrated, enabling the 2nd screen to serve as an extension of the viewing experience and a tool for interactivity. The combination of synchronization and the integrated 2nd screen opens up significant business potential via viewer engagement with advertising; interactivity in gaming, truly live interactive betting, voting and polling, and as a device to interact via social media – all within the real-time TV viewing experience.
Net Insight AB (Stockholm: NETI-B)