FOR IMMEDIATE RELEASE
MatrixStream to Roll out Next Generation MatrixCloud OTT IPTV Network DVR Solution for Service Providers
Redwood Shores, CA – (September 21, 2015)- Broadband service providers and mobile providers are set to get a boost to their OTT IPTV services when MatrixStream Technologies launches their turnkey high performance MatrixCloud 4K OTT (Over-the-Top) IPTV network DVR solution.
The new service consists of IMX X1M DVR recording server and IMX X1s scalable NDVR storage solution and is bundled as part of MatrixStream’s IPTV SaaS (Software as a Service) offering. Therefore, providers everywhere can roll out a complete IPTV solution streaming to multiple devices quickly and at a low startup cost.
MatrixStream’s patented MatrixCloud IPTV solution coupled with MatrixCrypt DRM is designed for premium pay TV offering while scalable to millions of users. In addition, MatrixCloud offering allows operators everywhere to have their own branded MatrixEverywhere IPTV players for Apple iPads, Apple iPhones, Android smartphones, Android tablets, PC players, MAC players, and set top boxes.
Commenting on the new solution, COO of Matrix Stream Technologies, Robert Liu said: “We understand the challenges of OTT IPTV streaming and have been working on OTT IPTV technology since 2004 – long before Youtube and Netflix streaming even existed. This new platform will enable providers to offer greater value to customers with a reliable service.”
Results from the Transparency Market Research indicate that the IPTV market was valued at US$24.94 billion in 2013. It is expected to grow at a healthy CAGR of 18.1% between 2014 and 2020, thereby reaching a market value worth US$79.38 billion by 2020.
The greatest challenges many providers face is accessing, affordable, competent and reliable results through existing IPTV platforms; however, Matrixstream’s low bandwidth, end-to-end, plug and play MatrixCloud OTT 4K IPTV platform gives operators the ability to launch premium TV everywhere OTT IPTV solution quickly without spending huge startup costs.
For further information on MatrixStream and their Next Generation MatrixCloud OTT IPTV Network DVR Solution, please visit: https://www.matrixstream.com
About MatrixStream Technologies
MatrixStream Technologies, Inc. is an embedded OTT/IPTV technology company offering an advance multi-screen MatrixCloud® Video processing platform for service providers, utilizing patented MatrixCast® OTT technology, that delivers true home theater 4K HD video to the viewing audience over the Internet to PC, Mobile and TV connected devices. MatrixStream works with major telecom and mobile operators from around the world. For more information, please visit https://www.matrixstream.com/.
Media contact: Aaron Keogh
Tel: 650-292-4982 Ext 114