|By Business Wire||
|July 8, 2014 06:04 AM EDT||
Octoshape, an industry leader in cloud-based streaming technology, today announced that it has been selected as the exclusive provider of live video streaming services for the Volvo Ocean Race, offshore sailing’s top professional event.
Recognized as one of the most tested professional sports competitions, the Volvo Ocean Race has provided the ultimate challenge in sailing for more than 40 years, providing human drama and sporting excitement on an unmatched scale.
As an official supplier of the Volvo Ocean Race, Octoshape will employ its suite of multiscreen broadband stream acceleration and multicast technologies for both contribution and distribution of live coverage, straight from the racing yachts. Live broadband video for each leg of the competition will be delivered to both hospitality suites in the ports of call, as well as to fans globally.
"The last Volvo Ocean Race competition included more than 8,969 broadcasts and was followed by more than 1.5 billion viewers. With that kind of growing popularity, it's important that we can scale to meet our fans' viewing and streaming demands," said Knut Frostad, CEO of Volvo Ocean Race. “Octoshape has met our rigorous demands for high quality multiscreen viewing, with global reach, to a very large audience. These are all critical factors to connecting with our fans and growing the sport on a global level."
"It is an honor to be selected once again by the Volvo Ocean Race to deliver this prestigious event to a global audience," said Michael Koehn Milland, CEO for Octoshape. "The stakes are high when it comes to live sports, which is why the world's premier brands choose Octoshape for the quality, reliability and scalability needed to make their content distribution over broadband a success."
For the 2014-2015 event, the race will start October 4 from Alicante, Spain, and travel through South Africa, UAE, China, New Zealand, Brazil, USA, Portugal, France and The Netherlands and finish on June 27, 2015, in Gothenburg, Sweden.
Octoshape’s technologies are adopted by some of the largest broadcasters, technology and service providers in the world, enabling them with OTT/IPTV and TV Everywhere services at the highest possible quality and scale. Octoshape’s Infinite HD™ platform is a differentiated platform that enables the evolution of broadcast TV to global, cloud-based broadband TV. The patented stream acceleration system combined with the suite of multicast technologies offer TV quality and a cost-effective commercial model for operators, OTT/IPTV service providers and premium content owners, enabling them with the ability to reach millions of device-connected subscribers worldwide.
Streaming media innovator Octoshape is bridging the transition from Broadcast TV to Broadband TV by providing the enabling technology required to bring TV Quality, TV Scale and TV Economics to the public Internet. The Octoshape approach is more scalable, flexible and affordable than traditional content delivery (CDN) schemes, while providing feature-rich, high-quality viewing to the largest of audiences. Leading broadcasters and direct broadcast satellite service providers around the world are relying on Octoshape to deliver their content over IP Networks to broadband connected devices.