Vogt said that the company also aimed to protect its customers' current technology investments with a "migration path to the future based on open standards and industry interoperable solutions".
He added that
But the CEO admitted that the "technical complexities" of broadcasting have resulted in a slower rollout of Media-over-IP compared to other industries such as IT, mobile and cloud-based operators.
"Storing, manipulating, playing and transporting media files that are orders of magnitude larger than typical voice and data requirements, and must play flawlessly regardless of the destination, create unique demands and requirements for innovation," he said. "These advances include compressing files using innovative compression algorithms/technology, improving processing speeds through today's multi-core blade servers, and creating more deterministic and affordable networks."
Vogt also discussed the changes that mobile technology has brought to the broadcast industry, and how
"We are living in a mobile-enabled world, and video is increasingly becoming the center of all that we do," the CEO said. "With 7 billion wireless devices, video consumption has rapidly moved beyond the confines of broadcasting, cable, satellite and the family room.
"This pace of change has catapulted our industry to an inflection point that requires a change in technology, networking architecture and business models."
To monetise and gain market-share, Vogt explained that the industry must migrate away from "inflexible, proprietary infrastructures" and instead adopt IP-enabled, cloud-based, software-defined networks and workflows to improve flexibility and deliver profitable growth.
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