Followers | 918 |
Posts | 48159 |
Boards Moderated | 0 |
Alias Born | 07/22/2008 |
Tuesday, February 20, 2024 12:55:59 PM
Herzliya Israel, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced the launch of Beamr Cloud Video Software as a Service, which will be presented in a webinar by Beamr CEO Sharon Carmel.
Carmel said: “Last week marked a remarkable milestone for Beamr as we received overwhelming support from our investors and community. In 2023, we took our vision public on NASDAQ, focusing on optimizing video at scale. Now, in 2024, we are thrilled to unveil the culmination of our efforts - Beamr Cloud”.
Video reigns supreme in the digital realm, with its rapid growth showing no signs of slowing down. From smartphones to Internet of Things (IoT) devices, cameras are generating an unprecedented amount of content. Moreover, the advent of Generative AI has brought in a new era where videos are created autonomously. The markets for Generative AI, User-Generated Content, IoT, and Streaming (OTT) are expanding at a rapid pace. Cloud video storage alone is poised to reach $13.5 billion in 2025, presenting a dynamic landscape of growth and opportunity. Today, Beamr showcases its Beamr Cloud on Amazon AWS, with plans to extend its services to other cloud platforms.
During the webinar, Carmel will further detail that, while the demand for video skyrockets, the complexity and cost of processing it poses significant challenges. Videos entail massive file sizes, storage and processing resource-intensive tasks. Achieving the balance between cost, quality, user experience and speed requires expertise. Beamr alleviates this complexity through its automated process that uses no-code techniques, ensuring optimal video handling for all. During the webinar, Carmel will demonstrate automatic workflows that are connected to Amazon Video repositories.
Beamr Cloud offers attractive pricing, with savings of up to 50% or more compared to traditional methods. Beamr has already managed to complete today some future features planned for Q2 2024, such as codec modernization and resize transformations. Going forward, in Q2 2024, Beamr plans to offer additional capabilities such as AI-specific workflows, potentially positioning Beamr at the forefront of innovation in the video processing landscape as Beamr Cloud is GPU accelerated and a natural platform for different AI purposes.
Carmel concluded: "Today marks a significant milestone for Beamr and the entire video processing industry. Beamr Cloud is not just a service; we believe it's a game-changer, offering unparalleled quality, efficiency, and scalability to all. Join us at beamr.com as we usher in a new era of video processing excellence".
About Beamr
Beamr (Nasdaq: BMR) is a world leader in content adaptive video solutions. Backed by 53 granted patents, and winner of the 2021 Technology and Engineering Emmy® award and the 2021 Seagate Lyve Innovator of the Year award, Beamr's perceptual optimization technology enables up to a 50% reduction in bitrate with guaranteed quality. http://www.beamr.com
$BMR
Recent BMR News
- Beamr Provides Oracle Cloud Infrastructure Customers with Ultra-Efficient, AI-ready Video Processing Solution • GlobeNewswire Inc. • 06/11/2024 10:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/30/2024 11:02:28 AM
- Beamr Cloud upgrade for enterprises: customizable video service with enhanced security and privacy • GlobeNewswire Inc. • 05/30/2024 11:00:00 AM
- Beamr demonstrated real-time video streaming capabilities poised to overcome 5G bottlenecks • GlobeNewswire Inc. • 04/16/2024 01:11:41 PM
- Beamr Issues Q1-2024 CEO Letter to Shareholders: Cloud service and AI workflows • GlobeNewswire Inc. • 04/12/2024 11:00:00 AM
- Beamr to enable real-time video streaming over 5G with NVIDIA Holoscan for Media • GlobeNewswire Inc. • 04/09/2024 04:12:36 PM
- Beamr Boost for Machine Learning: Accelerating Neural Networks Training • GlobeNewswire Inc. • 03/20/2024 11:00:00 AM
- Beamr presents accelerated video AI workflows at NVIDIA GTC • GlobeNewswire Inc. • 03/19/2024 11:00:00 AM
- Form F-3 - Registration statement by foreign private issuers • Edgar (US Regulatory) • 03/08/2024 09:18:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/04/2024 12:08:13 PM
- Beamr Issues Annual CEO Letter to Shareholders: Highlighting Beamr Cloud Launch, 2023 Financial Results and Achievements and Q2 2024 Upcoming Milestones • GlobeNewswire Inc. • 03/04/2024 12:05:00 PM
- Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/04/2024 12:00:40 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 06:11:53 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/20/2024 05:40:55 PM
- Beamr Cloud Launch: Ushering in a New Era of Video Processing for Everyone • GlobeNewswire Inc. • 02/20/2024 05:40:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/15/2024 11:08:26 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/15/2024 09:15:46 PM
- Beamr Imaging Ltd. Announces Closing of Public Offering and Full Exercise of Underwriter’s Option to Purchase Additional Shares • GlobeNewswire Inc. • 02/15/2024 09:15:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/14/2024 10:05:25 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 02/14/2024 10:04:35 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/13/2024 09:16:32 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/13/2024 05:15:16 AM
- Beamr Imaging Ltd. Announces Pricing of $12 Million Public Offering • GlobeNewswire Inc. • 02/13/2024 01:02:17 AM
- Form F-1MEF - Registration statement to add securities to prior Form F-1 registration [Rule 462(b)] • Edgar (US Regulatory) • 02/13/2024 12:53:06 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/12/2024 12:02:02 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM