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Today, media and entertainment sectors continue to tread on the path of growth in accordance with the changing consumer expectations. Media and entertainment companies are also reviewing their content broadcasting strategies. As the consumers have switched to the paid streaming video services, the shift has given vendors a chance to provide solutions to entertainment firms, production houses and media firms to broadcast and publish entertainment with new revenue models by leveraging new technologies like artificial intelligence (AI), machine learning, IoT (Internet of Things) and blockchain.
AI plays a key role in enhancing the video streaming resolution from High-definition (HD) to UHD (Ultra High-definition or 4K). IoT is already thriving in the media and entertainment sector with vendors providing solutions to secure patent and content. Vendors are providing solutions that are embedded with voice-enabled digital assistants for highly targeted advertising and content delivery. Through a gamut of functionalities, vendors are addressing the data storage needs of media and entertainment companies. As the content can be easily archived and housed in, media and entertainment professionals can easily access it from anywhere.
The video streaming is growing at a staggering rate with no signs to slow down. It is becoming a substantial market increasing the use of digital platforms with the purpose of more branding and marketing of products. Entertainment firms are striving to deliver the quality of video streams through with a wide range of solutions provided to them by the vendors.
Vendors are expanding their market from content distribution to content acquisition solutions. The skillful utilization of these solutions from the vendors is for critical success through data-driven extensive involvement of automation, machine learning, and AI. Vendors are also developing blockchain-based solutions to protect and monetize intellectual property as media and entertainment struggles with content now being digital and also pirated.
The ability to generate the content creation process into new forms through a myriad of IoT devices and networks is crucial in transforming the media industry. Vendors are at the forefront of enabling media and entertainment companies to deliver excellent performance.
Amid technological advancements and varying market conditions, the entertainment companies continue to face a challenge in changing content delivery models and they need the right solution to stay ahead of their compeers. For a CIO, zeroing in on the right solution is an uphill task. As a guide of technology leaders, CIO Applications is set on the mission to simplify the vendor selection process.
In the last few months, a distinguished panel comprising of CEOs, CFOs, VCs, and analysts, along with CIO Applications editorial board reviewed and shortlisted the top companies that are at the forefront of delivering turnkey media and entertainment technology solutions. We present to you our “Top 10 Media and Entertainment Solution Providers-2018”, featuring the companies that can deliver competitive advantage to the sector.
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