Qumu Named a Top Purpose-Built Streaming Platform By Wainhouse Research

Rhea-AI Summary

Qumu Corporation (NASDAQ: QUMU) has been recognized in the top right quadrant of Wainhouse Research’s vendor landscape for behind-the-firewall streaming solutions. This marks the seventh consecutive time Qumu has achieved this status. The report highlights Qumu as a leader in enterprise video technology, with clients creating over 10,000 videos per month and achieving more than 7 million views monthly. CEO Rose Bentley noted the critical role video plays in digital transformation amid ongoing global challenges.

Positive

• Qumu positioned in the top right quadrant of Wainhouse Research's vendor landscape for behind-the-firewall streaming solutions.
• Seventh consecutive recognition, emphasizing consistent leadership in enterprise video technology.
• Customers produced over 10,000 videos monthly, reaching more than 7 million views.

Negative

• None.

Evaluation based on completeness of solution and extensibility

MINNEAPOLIS--(BUSINESS WIRE)-- Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology, today announced it has been positioned by Wainhouse Research, LLC in the top right quadrant of the newly revised vendor landscape for behind-the-firewall streaming solutions.

The report, Rethinking the Enterprise Streaming Video Platform Market, features vendors in categories based on their completeness of solution and extensibility. Wainhouse places Qumu in the Purpose-Built Streaming category. According to the report, these platforms are purpose-built to enable enterprise streaming on a turnkey basis with a robust set of open APIs that facilitate the integration with other communication and collaboration technologies.

This is the seventh time Qumu has placed in the top-right quadrant for the enterprise video landscape. Global 2000 organizations trust Qumu for their video communications at scale to achieve business goals. Over the last 12 months, our customers have created more than 10,000 videos/month and reached more than 7 million views/month.

“The growth momentum in enterprise video use corresponds to how organizations increasingly operate with end users working from anywhere, on any device, at any time and connecting to corporate resources in internet-accessible cloud platforms,” said Steve Vonder Haar, Senior Analyst at Wainhouse Research.

“This recognition comes in a year of prolonged disruption,” said Rose Bentley, CEO and President of Qumu. “Companies around the world and across industries continue to be challenged by the pandemic, constrained labor availability, and global shortages of raw materials, to name a few. It has become even more critical for companies to rethink and reprioritize how they engage with their employees, customers and partners, making video a critical tool in their tech stack. It is the cornerstone of digital transformation for the enterprise.”

For more information about Qumu, visit Qumu.com.

About Qumu Corporation

Qumu (Nasdaq: QUMU) is a leading provider of best-in-class tools to create, control, deliver, experience and analyze live and asynchronous video at scale. Backed by an experienced team of software and video experts, Qumu’s software enables globally distributed organizations to drive employee, customer and partner engagement, modernizing business by providing more efficient and effective ways to communicate and collaborate.

About Wainhouse Research

Wainhouse Research is an independent analyst firm that focuses on critical issues in the unified communications and collaboration market. The company provides end-to-end coverage of the UC&C industry, with areas of focus covering unified communications, enterprise video, meeting room collaboration, personal & web-based collaboration, and audio conferencing market segments. The company acts as a trusted advisor providing strategic advice and direction for both the UC&C industry and its enterprise users. http://www.wainhouse.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220606005879/en/

Qumu Media Contact:

Ashley Paula-Legge

Big Valley Marketing for Qumu

alegge@bigvalley.co

+1 707-972-0073

Qumu Investor Contact:

Matt Glover or Tom Colton

Gateway Investor Relations

QUMU@gatewayir.com

+1 949-574-3860

Source: Qumu Corporation

FAQ

What recognition did Qumu Corporation receive from Wainhouse Research?

Qumu Corporation was positioned in the top right quadrant of Wainhouse Research's revised vendor landscape for behind-the-firewall streaming solutions.

How many videos does Qumu's customer base create monthly?

Qumu's customers create over 10,000 videos per month.

What is the significance of Qumu's recognition in the enterprise video technology market?

Qumu's recognition indicates its strong leadership and reliability in providing enterprise video solutions, which are essential for digital transformation.

How many views do Qumu's videos achieve each month?

Qumu's videos reach more than 7 million views monthly.