SOURCE: Edgeware AB

Edgeware AB

November 11, 2014 08:00 ET

Edgeware Named as Finalist in Fierce Innovation Awards: Telecom Edition

Video Consolidation Platform Provides New Business Opportunities for Service Providers and Dramatically Reduces Network Complexity and Costs

STOCKHOLM, SWEDEN--(Marketwired - Nov 11, 2014) - Edgeware, the leader in video delivery networks, today announces it has been selected as a finalist in this year's Fierce Innovation Awards: Telecom Edition, an operator-reviewed awards program from the publishers of FierceWireless, FierceTelecom and FierceCable. Edgeware was recognized as a finalist in the Cable & Video Network Architecture category for its innovative Video Consolidation Platform (VCP).

Edgeware's VCP is a single, consolidated platform that dramatically reduces the high infrastructure costs associated with the delivery of TV and video services to both set-top boxes (STBs) and multiscreen devices. The VCP reduces CAPEX by at least 50 percent by enabling operators to efficiently deliver new and current services at massive scale to all device types, without the need for duplicate, siloed delivery networks. The VCP builds on Edgeware's widely deployed Distributed Video Delivery Network (D-VDN) solution, which already provides best-in-class caching and streaming to over 10 million viewers worldwide.

"Edgeware is here to offer the most efficient, scalable and flexible video infrastructures on the market. We developed our VCP to meet operators' needs to dramatically cut costs and increase service agility in order to stay on top in today's quickly evolving and highly competitive TV space," said Joachim Roos, CEO at Edgeware. "Being named a finalist for the Fierce Innovation Awards is a strong recognition of our innovative approach to consolidated video delivery, which is key in supporting our customers' strategies to monetize video."

Finalists' applications were judged by an exclusive carrier-only panel of executives from AT&T, CableLabs, Cablevision System Corporation, Comcast, Cox Communications, Inc., Orange, Sprint, TeliaSonera International Carrier, and Verizon. Full profiles of the judges can be found at https://www.fierceinnovationawards.com/telecom/2014/judges.

All applications were evaluated based on the following criteria: technology innovation, financial impact, market validation, compatibility with existing networks, end-user customer experience, and overall level of innovation.

About Edgeware
Edgeware is the leader in video delivery networks, designed to allow operators to monetize video services such as TV Everywhere (TVE), video on demand (VOD), network-based catchup TV and Digital Video Recording (nDVR) and wholesale Content Delivery Networking (CDN). Edgeware provides the video origination and delivery systems needed to offer these compelling services across managed and unmanaged networks and to reach any screen, at any time, with any content. Edgeware is headquartered in Stockholm, Sweden, with offices worldwide.

For further information, please visit www.edgeware.tv.

About FierceMarkets
FierceMarkets, a wholly owned subsidiary of Questex Media Group, is a leader in B2B emedia, providing information and marketing services in the telecommunications, life sciences, healthcare, IT, energy, government, finance, and retail industries through its portfolio of email newsletters, websites, webinars and live events. Every business day, FierceMarkets' wide array of publications reaches more than 1.3 million executives in more than 100 countries.

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