Net Insight Signs Live Video Streaming Service Agreement With Fortune 500 Company

Net Insight has signed an agreement with a US-based Fortune 500 company for their consumer live video streaming service.

The Net Insight Sye solution enables the customer to create a broadcast grade user experience. Delivery to the customer includes synchronized, ultra-low latency streaming with fast channel changes, seamless ad insertion, network time shift, and support for distribution across multiple content delivery networks.

The customer’s deployment of the Sye solution is expected to start in the first quarter 2019. The short-term financial impact for Net Insight is limited since revenue mainly is variable and tied to end-consumer streaming volumes. There are no volume commitments, however Net Insight has a positive view on the possible returns.