SOURCE: Kaltura

Kaltura Open Source Video

February 03, 2011 09:00 ET

Siemens IT Solutions and Services Pvt. Ltd. and Kaltura Enter a Strategic Partnership to Deliver Online Video Solutions Globally

Siemens Shall Provide Online Video Solutions and Services to Media Organizations, Enterprises, and Service Providers Based on Kaltura's Online Video Platform

BANGALORE, INDIA and NEW YORK, NY--(Marketwire - February 3, 2011) - Siemens IT Solutions and Services Pvt. Ltd (http://www.siemens.co.in/sispl) and Kaltura, Inc. (http://www.kaltura.com), developer of the first open source online video platform, announced today that the companies have joined forces to offer video solutions and services to media organizations worldwide, with a focus on the media, enterprise, education and service provider verticals. Siemens shall market and resell Kaltura's offerings globally, both as stand-alone products and as integrated solutions along with Siemens products and services.

Siemens IT Solutions and Services Pvt. Ltd. recently launched iNeevM the Next Generation Media Platform which uses Kaltura's video platform as one of its delivery components for domain specific customized industry solutions. iNeevM is a one-stop solution for publishers, broadcasters, content owners , educational content publishers and others, which enables the management and delivery of high-quality digital media content to online users within a social media framework. This helps businesses in achieving strategic objectives of recapturing audience share, maximizing revenue and strengthening customer relationships. 

Mr. Hayyan Abdulwahab el Hindy, Managing Director of Siemens IT Solutions and Services Pvt. Ltd. said, "This is a strategic partnership and will help both the companies to strengthen their market position. This association would benefit businesses to provide digital content solutions faster and in a cost effective manner. With this we hope to be a powerhouse of digital content solutions globally."

"After evaluating the top leaders in the online media space, Kaltura clearly has the most flexible platform," said Seetharaman Krishnamoorthy, Head - Communication Media Technology Vertical, Siemens IT Solutions and Services Pvt. Ltd. "We look forward to working with the vibrant team at Kaltura and their flexible and innovative platform. Siemens IT Solutions and Services innovative solution iNeevM with Kaltura's video distribution platform makes it a unique end to end offering to the media industry."

"Kaltura's open source video platform is becoming the standard backbone for OEMs, Service Providers, and System Integrators who are looking to offer online video solutions and services," said Ron Yekutiel, Kaltura Chairman & CEO. "We are honored to have been chosen by Siemens IT Solutions and Services, a leading global powerhouse, and are looking forward to launching together robust, scalable, secure, and cost-effective solutions and services."

About Siemens IT Solutions and Services

Siemens IT Solutions and Services is a European based premium player providing state-of-the-art IT solutions and delivering outsourcing services with global reach. Within the IT service chain, the portfolio of Siemens IT Solutions and Services ranges from consulting, software deployment and system integration to the comprehensive management of IT infrastructures. Through profound industry know-how and beneficial innovations, the business technologists at Siemens IT Solutions and Services enable customers to transform their business processes on an ongoing basis. With a workforce of more than 32,000 employees Siemens IT Solutions and Services had revenue of some 4.2 billion euro in fiscal 2010, which ended on September 30, - over 75 percent of this revenue came from outside of Siemens. Further information at: www.siemens.com/it-solutions.

About Kaltura

Kaltura provides the world's first Open Source Online Video Platform. Over 100,000 media & entertainment companies, enterprises, SMBs, educational institutions, service providers, platform vendors, and system integrators use Kaltura's flexible platform to enhance their websites, web-services, and web-platforms with advanced customized video, photo and audio functionalities. Kaltura's features and products enable to easily deploy custom work-flows involving video creation, ingestion, publishing, management, syndication, engagement, monetization and analysis. The free community-supported self-hosted software and source-code is available for download at www.kaltura.org. A commercial version of the software can be obtained at www.kaltura.com along with Kaltura services such as streaming, hosting, transcoding, analytics, ad serving, support and maintenance packages, and professional development. Founded in 2006, New York-based Kaltura is also a founding member of the 'Open Video Alliance' (www.openvideoalliance.org), a coalition of organizations dedicated to fostering open standards for online video. For more information: www.kaltura.com, www.kaltura.org and http://exchange.kaltura.com/

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