Brightcove Announces Virtual Events for Business: A Broadcast-Quality Video Solution for Team-Level, Departmental, and Enterprise-Wide Events

Rhea-AI Summary

Brightcove (NASDAQ: BCOV) has launched Virtual Events for Business, a platform designed for creating and managing mid-sized virtual events within enterprises. This solution features customizable templates, attendee interactivity, video live clipping, and integrations with Zoom and Microsoft Teams. The demand for virtual events is expected to surge, projected to grow from $78 billion in 2019 to $774 billion by 2030. Brightcove aims to help organizations enhance engagement and maximize global reach through this platform, which is available as an annual subscription for new customers.

Positive

• Launch of Virtual Events for Business offers a comprehensive solution for enterprises.
• The virtual events market is projected to grow significantly, indicating strong demand for the service.
• Brightcove's platform includes useful features like customizable templates and integration with popular tools.

Negative

• None.

Brightcove Inc. (NASDAQ: BCOV), the global leader in video for business, today announced the availability of Virtual Events for Business, an intuitive easy-to-use virtual event solution for highly repeatable, mid-sized events within the enterprise.

Virtual Events for Business is a virtual event creation, marketing, and delivery platform designed to easily service the rapidly expanding number of events hosted across the enterprise. The solution offers customizable event templates, interactive calls to action, post-event archiving, multi-device support, and attendee interactivity features, as well as live clipping of event video to multiple social media channels. Additionally, Virtual Events for Business includes Zoom and Microsoft Teams integrations, and a registration connector for Cvent and user engagement analytics.

The virtual events market will continue to grow as marketers, communications, and human resources professionals rely on connecting with their audiences. As discussed in eMarketer’s The Rise of Virtual Business Events, “When most B2B marketers pivoted to virtual events, investments in the tools, technology, talent, and infrastructure needed to execute a digital production increased. By 2030, the global virtual events industry will grow nearly tenfold, from $78 billion in 2019 to $774 billion, according to Grand View Research estimates.”

The pandemic was an accelerator and a disrupter to events of all forms. As companies moved events to a virtual setting out of need, they found considerable business benefits in terms of higher attendance and reach, as well as the perpetuation and reuse of content—all leading to greater ROI for these events. This indicates that virtual events will remain a significant part of communications and marketing strategies even post-COVID.

“As a marketer, I am excited to bring our award-winning technology to enterprises to allow them to build comprehensive, ongoing virtual engagement strategies,” said Jennifer Griffin Smith, Chief Marketing Officer, Brightcove. “Whether these engagement moments are to educate franchisees, communicate to employees, generate new business pipeline, or manage executive briefings with key clients, enterprises need a solution that is repeatable and allows them to maximize global reach. With Virtual Events for Business, organizations can deliver exceptional virtual experiences to viewers reliably and securely without sacrificing the viewer experience.”

Virtual Events for Business is currently being offered as an annual subscription for new Brightcove customers, or as a platform addition for existing customers. To learn more, visit the Brightcove website brightcove.com/en/virtual-events-experience.

About Brightcove

When video is done right, it can have a powerful and lasting effect. Hearts open. Minds change. Creativity thrives. Since 2004, Brightcove has been helping customers discover and experience the incredible power of video through its award-winning technology, empowering organizations in more than 70 countries across the globe to touch audiences in bold and innovative ways.

Brightcove achieves this by developing technologies once thought impossible, providing customer support without parallel or excuses, and leveraging the expertise and resources of a global infrastructure. Video is the world’s most compelling, exciting medium. Visit www.brightcove.com for more information. Video That Means Business.™

View source version on businesswire.com: https://www.businesswire.com/news/home/20210413005700/en/

FAQ

What is the Virtual Events for Business platform by Brightcove?

The Virtual Events for Business platform is a solution for creating and managing mid-sized virtual events tailored for enterprises, featuring customizable templates and interactive tools.

How is the virtual events market expected to grow?

The virtual events market is projected to grow from $78 billion in 2019 to $774 billion by 2030, according to Grand View Research.

What integrations does Brightcove's Virtual Events for Business offer?

The platform includes integrations with Zoom, Microsoft Teams, and a registration connector for Cvent.

How can organizations benefit from Brightcove's Virtual Events for Business?

Organizations can enhance audience engagement and maximize global reach with customizable event features and user engagement analytics.

Is Virtual Events for Business available for existing Brightcove customers?

Yes, it is offered as a platform addition for existing Brightcove customers or as an annual subscription for new customers.