21st Oct 2021 18:18
Blackbird PLC - London-based cloud video editing platform - Launches its core technology licensing product, 'Powered by Blackbird', to enable advanced cloud native functionality and drive efficiencies for video companies. Says with the technology companies can build cloud native video platforms including frame accurate, renderless editing in a browser with bandwidth from just 2 megabytes per second.
Chief Executive Officer Ian McDonough says: "This is a step change in the Blackbird story and the evolution of video in the cloud. The world increasingly needs efficient and workable technology as migration to the cloud accelerates and global video production skyrockets.
"Blackbird's proven and patented technology enables advanced editing and manipulation in the cloud whilst reducing infrastructure costs by up to 75% versus traditional cloud based platforms. Vitally, as the planet moves to net zero carbon, Blackbird is able to operate at less than 10% of the carbon footprint of its competitors. Those companies who license 'Powered by Blackbird' will realise these efficiency savings, rapidly improve functionality, move to efficient cloud native workflows and reap the benefits of being truly SaaS."
Current stock price: 32.00 pence
Year-to-date change: up 45%
By Arvind Bhunjun; [email protected]
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