Envivio Sales Double As Demand For Multi-Screen Solutions Explodes

Envivio, a leading provider of live and on-demand multi-screen IP video processing and delivery solutions, has announced that its Fiscal Year 2011 (ending January 31, 2011) was the most successful in the company's history.
Driven by global demand for its live and on-demand video solutions that span mobile, internet and traditional TV screens, Envivio doubled both its revenues and sales bookings.
Julian Signés, Envivio CEO, said: "The success of the past year is clear validation of Envivio's TV without boundaries strategy that creates solutions to deliver the best subscriber experience regardless of the viewing platform. The traditional broadcast television world is changing: TV is no longer limited to stationary screens in the home, but is now being delivered to every IP connected device, whether it is an iPad, iPhone, Android phone or tablet, or other dynamic device. Envivio, with its flexible software-based platform, is in a unique position to enable traditional and emerging TV service providers to fulfil their customers demand for the support of this TV revolution."
Current indications point to Envivio continuing to strengthen its position in the market. Of particular note is that development of Envivio's sales channel has resulted in tremendous success; approximately 70/% of the company's sales were made through partners in FY2011. In addition to achieving profitability, other signs of sustained growth include:

• Over 250% growth year over year in the United States
• Deployments at five of the top six Cable and Telecom operators in the United States
• Revenue and bookings doubled each quarter throughout FY2011

This growth reflects the fact that Envivio's multi-screen delivery solutions closely align with market requirements. Envivio's flexible software means its customers are first to support the most desirable consumer devices and features as they come to market. The evolution of Envivio's converged headend solution is making multi-screen deployment easier and operations more cost-effective for service providers. The analyst group Frost & Sullivan cited these factors in awarding Envivio its 2010 Global Customer Value Enhancement of the Year Award in the Pay-TV Video Encoders market during a ceremony on February 9, 2011 in New Orleans, Louisiana.
Envivio now serves more than 200 customers in over 50 countries. Every day, Envivio encoders process unique streams serving tens of millions of viewers.
(KMcA)