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Beamr Captures Video Industry Leaders’ Interest with 4K p60 Live Video Optimization

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Beamr Imaging (NASDAQ: BMR), a leader in video optimization technology, recently participated in two major global events: Oracle CloudWorld 2024 and IBC 2024. At these events, Beamr demonstrated innovative technologies and held key meetings with video industry leaders. The company showcased its 4K p60 live video optimization technology, which enables real-time optimization and parallel AI workflows. At Oracle CloudWorld, Beamr presented optimized video rendering from 3D models and discussed AI's role in video revolution. At IBC, Beamr demonstrated live streaming of 4K p60 video with up to 50% less resource load. The company's participation in these events highlights its position at the forefront of video optimization technology and its potential impact on the future of video production.

Beamr Imaging (NASDAQ: BMR), leader nella tecnologia di ottimizzazione video, ha recentemente partecipato a due importanti eventi globali: Oracle CloudWorld 2024 e IBC 2024. Durante questi eventi, Beamr ha dimostrato tecnologie innovative e ha tenuto incontri chiave con leader del settore video. L'azienda ha presentato la sua tecnologia di ottimizzazione video live 4K p60, che consente ottimizzazioni in tempo reale e flussi di lavoro AI paralleli. A Oracle CloudWorld, Beamr ha presentato rendering video ottimizzati da modelli 3D e ha discusso il ruolo dell'AI nella rivoluzione video. A IBC, Beamr ha dimostrato lo streaming live di video 4K p60 con un carico di risorse ridotto fino al 50%. La partecipazione dell'azienda a questi eventi sottolinea la sua posizione all'avanguardia nella tecnologia di ottimizzazione video e il potenziale impatto sul futuro della produzione video.

Beamr Imaging (NASDAQ: BMR), un líder en tecnología de optimización de video, participó recientemente en dos importantes eventos globales: Oracle CloudWorld 2024 y IBC 2024. En estos eventos, Beamr demostró tecnologías innovadoras y mantuvo reuniones clave con líderes de la industria del video. La compañía presentó su tecnología de optimización de video en vivo 4K p60, que permite la optimización en tiempo real y flujos de trabajo paralelos de IA. En Oracle CloudWorld, Beamr presentó renderizado de video optimizado a partir de modelos 3D y discutió el papel de la IA en la revolución del video. En IBC, Beamr demostró streaming en vivo de video 4K p60 con una carga de recursos reducida en un 50%. La participación de la compañía en estos eventos resalta su posición a la vanguardia de la tecnología de optimización de video y su posible impacto en el futuro de la producción de video.

Beamr Imaging (NASDAQ: BMR), 비디오 최적화 기술의 선두주자로 최근 두 개의 주요 글로벌 행사인 Oracle CloudWorld 2024IBC 2024에 참가했습니다. 이 행사에서 Beamr는 혁신적인 기술을 시연하고 비디오 산업 리더들과 중요한 회의를 가졌습니다. 회사는 4K p60 라이브 비디오 최적화 기술을 소개했으며, 이는 실시간 최적화와 병렬 AI 워크플로를 가능하게 합니다. Oracle CloudWorld에서 Beamr는 3D 모델에서 최적화된 비디오 렌더링을 선보였으며 AI의 비디오 혁신에 대한 역할에 대해 논의했습니다. IBC에서는 Beamr가 자원 사용량을 최대 50% 절감한 4K p60 비디오의 라이브 스트리밍을 시연했습니다. 이 회사의 이러한 행사 참여는 비디오 최적화 기술의 선두주자로서의 위치와 비디오 제작의 미래에 미칠 잠재적 영향을 강조하고 있습니다.

Beamr Imaging (NASDAQ: BMR), leader dans la technologie d'optimisation vidéo, a récemment participé à deux grands événements mondiaux : Oracle CloudWorld 2024 et IBC 2024. Lors de ces événements, Beamr a démontré des technologies innovantes et a tenu des réunions importantes avec des leaders de l'industrie vidéo. L'entreprise a présenté sa technologie d'optimisation vidéo en direct 4K p60, qui permet une optimisation en temps réel et des flux de travail AI parallèles. Lors d'Oracle CloudWorld, Beamr a présenté du rendu vidéo optimisé à partir de modèles 3D et a discuté du rôle de l'IA dans la révolution vidéo. À l'IBC, Beamr a démontré la diffusion en direct de vidéos 4K p60 avec une charge de ressources réduite de 50 %. La participation de l'entreprise à ces événements souligne sa position à l'avant-garde de la technologie d'optimisation vidéo et son impact potentiel sur l'avenir de la production vidéo.

Beamr Imaging (NASDAQ: BMR), ein führendes Unternehmen in der Videooptimierungstechnologie, nahm kürzlich an zwei wichtigen globalen Veranstaltungen teil: Oracle CloudWorld 2024 und IBC 2024. Bei diesen Veranstaltungen demonstrierte Beamr innovative Technologien und führte entscheidende Gespräche mit Führungspersönlichkeiten der Videoindustrie. Das Unternehmen stellte seine Technologie zur Optimierung von Live-Video in 4K p60 vor, die Echtzeitoptimierung und parallele KI-Workflows ermöglicht. Auf der Oracle CloudWorld präsentierte Beamr optimiertes Video-Rendering aus 3D-Modellen und diskutierte die Rolle der KI in der Videorevolution. Auf der IBC demonstrierte Beamr das Live-Streaming von 4K p60-Videos mit bis zu 50 % weniger Ressourcenbelastung. Die Teilnahme des Unternehmens an diesen Veranstaltungen unterstreicht seine Position an der Spitze der Videooptimierungstechnologie und dessen potenzielle Auswirkungen auf die Zukunft der Videoproduktion.

Positive
  • Demonstrated 4K p60 live video optimization technology, enabling real-time optimization and parallel AI workflows
  • Showcased optimized video rendering from 3D models at Oracle CloudWorld
  • Presented live streaming of 4K p60 video with up to 50% less resource load at IBC 2024
  • Held meetings with leading media and entertainment companies, generating significant interest in their technologies
Negative
  • None.

Insights

Beamr's demonstration of 4K p60 live video optimization accelerated by GPUs marks a significant leap in video streaming technology. This advancement enables real-time optimization and parallel AI workflows, which could revolutionize live sports broadcasts and high-quality video productions. The ability to reduce resource load by up to 50% while maintaining Ultra-HD quality is particularly impressive.

The integration of AI for video search, summarization and potential SD to HD upgrades in real-time showcases Beamr's forward-thinking approach. However, it's important to note that while these technologies are promising, their practical implementation and market adoption remain to be seen. The industry's response at events like IBC 2024 will be a key indicator of Beamr's potential impact on the future of video streaming.

Beamr's participation in Oracle CloudWorld 2024 and IBC 2024 demonstrates its strategic positioning in the rapidly evolving video optimization market. The company's focus on GPU-accelerated solutions aligns with the industry's shift towards more efficient, AI-driven video processing. However, investors should consider that Beamr operates in a highly competitive space with giants like Adobe and Amazon offering similar services.

The interest from industry leaders in Beamr's 4K p60 live video optimization is promising, but it's essential to monitor how this translates into concrete partnerships or revenue growth. The company's ability to secure contracts with major media and entertainment companies will be important for its long-term success. Keep an eye on Beamr's financial reports in the coming quarters to gauge the impact of these technological advancements on its bottom line.

In the last week, Beamr participated in two top global events: Oracle CloudWorld 2024 and IBC 2024

Herzliya, Israel, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization and modernization technology and solutions, is pleased to share recent updates from the past week regarding its participation in top global events, where it held demonstrations of innovative technologies and key meetings with video industry leaders and businesses from around the globe. The events include Oracle CloudWorld 2024, held in Las Vegas, from September 9-12, 2024, and IBC 2024, held in Amsterdam, the Netherlands, from September 13-16, 2024.

“Beamr participated in two major conferences, Oracle CloudWorld and IBC, holding dozens of meetings with leading media and entertainment companies”, said Beamr CEO, Sharon Carmel. “The industry leaders we engaged showed significant interest in our latest demonstration of 4K p60 live video optimization, accelerated by GPUs. This technology enables, for the first time, real-time live video optimization and parallel AI workflows, setting the benchmark for the future of video production.”

Oracle CloudWorld 2024: Laying the Foundations for AI Video

At Oracle CloudWorld 2024, Beamr showcased optimized massive video rendered from 3D models, providing a fast, easy solution to share 3D design visualizations with creative teams members, customers, and other stakeholders.

At the conference, Carmel participated in a panel on how to leverage AI to revolutionize enterprise operations, stating: “Beamr Cloud video optimization service already lays the foundations for the AI video revolution. For example, while we optimize videos, we simultaneously generate transcripts, enabling video search and summarization. Furthermore, with a GPU-based service, we will be able to upgrade standard-definition videos to high-definition videos, and do that in real time.”


Beamr CEO, Sharon Carmel (second from the right) in a panel at Oracle CloudWorld on how to leverage AI to revolutionize enterprise operations


Beamr booth at Oracle CloudWorld

IBC 2024: Optimizing 4K p60 Live Video Streaming

At IBC 2024, Beamr demonstrated optimized live streaming of video in 4K resolution at 60 frames per second (p60), with up to 50% less resources load without sacrificing Ultra-High definition quality. This innovative capability is poised to elevate live sports events and high-quality video productions.

To learn more, please visit these links: https://beamr.com/holoscan-for-media, https://tinyurl.com/3a68njcz


Beamr booth at IBC 2024

Additionally, Beamr Lead Architect, Dan Julius, spoke on the panel “Transforming Live Media with Software-Defined Solutions". Beamr also sponsored the networking breakfast of the IBC talent program, with CTO, Tamar Shoham, talking about “What will video be in 5 years?”


Beamr CTO, Tamar Shoham, talks at IBC 2024 about “What will video be in 5 years”


Beamr Lead Architect, Dan Julius, talks in the panel “Transforming Live Media with Software-Defined Solutions" at IBC 2024

About Beamr

Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization and modernization. The company serves top media companies like Netflix and Paramount. Beamr’s inventive perceptual optimization technology (CABR) is backed by 53 patents and won the Emmy® award for Technology and Engineering. The innovative technology reduces video file size by up to 50% while guaranteeing quality.

Beamr Cloud is a high-performance, GPU-based video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables video modernization to advanced formats such as AV1 and HEVC, and is ready for video AI workflows. For more details, please visit www.beamr.com     

Forward-Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.                                                

Investor Contact:

investorrelations@beamr.com


FAQ

What new technology did Beamr (BMR) demonstrate at Oracle CloudWorld 2024 and IBC 2024?

Beamr demonstrated 4K p60 live video optimization technology, which enables real-time live video optimization and parallel AI workflows. At IBC 2024, they specifically showcased optimized live streaming of 4K p60 video with up to 50% less resource load without sacrificing Ultra-High definition quality.

How does Beamr's (BMR) technology contribute to the AI video revolution?

Beamr's Cloud video optimization service lays the foundation for the AI video revolution by simultaneously generating transcripts during video optimization, enabling video search and summarization. With GPU-based services, they aim to upgrade standard-definition videos to high-definition in real-time.

What was the focus of Beamr's (BMR) presentation at Oracle CloudWorld 2024?

At Oracle CloudWorld 2024, Beamr showcased optimized massive video rendered from 3D models, providing a fast, easy solution to share 3D design visualizations. CEO Sharon Carmel also participated in a panel discussing how to leverage AI to revolutionize enterprise operations.

What potential impact does Beamr's (BMR) 4K p60 live video optimization have on the video industry?

Beamr's 4K p60 live video optimization technology is poised to elevate live sports events and high-quality video productions by enabling real-time optimization with reduced resource load, setting a new benchmark for the future of video production.

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