Concurrent's Laguna™ Edge Cache Wins NewBay's Best of Show Award
- Laguna™ Cache developed by Concurrent Technology Inc., a Vecima Company (TSX: VCM), is the recipient of NewBay's Best of Show Award, presented at the 2018 NAB Show by Video Edge. NewBay's Best of Show Awards are evaluated by a panel of engineers and industry experts and are selected based on criteria for innovation, feature set, cost efficiency and performance in serving the industry. With more than 1,700+ exhibitors, Laguna™ Cache beat out the competition because of its ability to help to reduce the cost of OTT service delivery and improve the end consumer experience. As Concurrent looks to reduce bandwidth cost for OTT providers, its latest innovations in Laguna™ Cache, a comprehensive multi-tiered caching solution for video providers, is helping solve the answer for over-the-top (OTT) operators looking to deliver content to an increasing universe of customers without drowning in bandwidth charges. Laguna™ Cache offers content providers the world's highest density caching solution, which reduces latency and network utilization to maximize the delivery of OTT and TV Everywhere (TVE) video services to their customers. "As you grow your OTT services with more video traffic to larger audiences, your success comes with an increasing CDN cost that many OTT service providers and content providers need to manage. Deploying edge cache solutions can dramatically reduce this cost of CDN distribution" says Clay McCreery, Chief Revenue Officer at Concurrent. Caching is a critical component of any robust content delivery solution. Concurrent's Laguna™ Cache is a software-based, high density streaming server with integrated intelligent caching features. With support for a wide variety of content formats and streaming protocols, it supports delivery to mobile devices, smart TVs, as well as classic set-top boxes simultaneously. In Concurrent's highly innovative 1 rack unit (RU) configuration, which leverages the latest generation processors and high reliability 3D V-NAND flash memory, the Laguna™ Cache can ingress up to 50 Gbps, egress 100 Gbps, and cache 50 TB of content. The new 2RU configuration boasts ingress capacity up to 200 Gbps while egress increases to 400 Gbps, and cache triples to 150 TB. In either configuration, this level of capacity per rack unit is unparalleled. For Content Providers requiring massive scale, a single 2RU cache can now deliver tens of thousands of video streams to client devices in a fault tolerant, redundant configuration. Key features of Laguna™ Cache include: "The NewBay Best of Show Awards at NAB are now in their fifth year," said Paul McLane, NewBay Managing Director of Content. "The program seeks to shine a spotlight on relevant innovations in technology as seen around the million-square-foot exhibit floor of the industry's top trade show. The list of 2018 winners gives real insight into where and how rapidly our media tech businesses are evolving." About Concurrent Concurrent Technology Inc., a Vecima Company (TSX: VCM), is a global company that develops software solutions focused on storing, protecting, transforming, and delivering visual media assets. We enable the world's leading innovators in visual media to entertain, inform, and communicate, by providing the tools to help them unlock their creativity and share it with the world. We accomplish this by developing open software solutions that make the world's visual media available online, when and where it is needed around the world. Concurrent has offices located in North America, Europe and Asia. Visit http://www.concurrent.com for further information and follow us on Twitter: http://www.twitter.com/Concurrent_CCUR and LinkedIn at http://www.linkedin.com/company/ccur. Concurrent's logo and Concurrent product names are trademarks or registered trademarks of Concurrent Technology, Inc., while all other product names are trademarks or registered trademarks of their respective owners. About Vecima Networks Vecima Networks Inc. (TSX:VCM) is a globally recognized leader in creating breakthrough technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. For more information, visit http://www.vecima.com. Media Relations: Concurrent Technology Inc., Michelle Valdez, Tel: 404-409-5664, Email: [email protected]