Published March 28th, 2018
Revenue grows 70% in 2017, profitably topping $5M
Amsterdam (The Netherlands), March 15th, 2017 – 24i Media, an industry-leading Internet TV app developer for the world’s top media companies, today announced yet another year of record growth. The success in 2017 has been driven by signing up more than 20 new customers, including leading brands such as Tennis Channel, Entel, EdgeTV and RTÉ
2017 was a strong year for 24i Media, both in terms of growth in new customers and new partners, but also in staff and revenue, with a whopping 70% growth. This powerful momentum will continue in 2018, as the company is taking new strategic initiatives to bolster its technology innovation and global growth.
“The acquisition of the Siemens CVC front-end team to support the increasing demands for our services is a big success and saw its full value in 2017. The team is now fully integrated into 24i and we’re looking forward to significantly expand our team in 2018,” said Hans Disch, Chief Strategy Officer at 24i. “With the new strategic initiatives and opportunities that we’re working on, we’ll continue to combine our very strong autonomous growth with targeted acquisitions, to be better equipped than ever to take the front-seat in technology innovation in the OTT industry.”
Underscoring demand for its flexible and proven technology, Amsterdam based 24i has witnessed a 282% revenue growth over the last three years. In 2017 the company grew with about 70%. With this growth 24i also secured a spot on the prestigious Inc.5000 list of the fastest growing companies in EMEA in 2017. The list, seen as a ‘celebration of innovation’ and a distinguished ‘network of entrepreneurial leaders’, honors private companies that have achieved significant overall staff and revenue growth over a three-year period.
“Making the Inc.5000 list is a testament to 24i’s ability to innovate and introduce new solutions to a market that is constantly evolving at an unbelievable pace. I am thrilled and proud of the 24i Team which has grown in leaps and bounds in talent and has continued to provide unparalleled service to our ever-increasing number of forward-thinking clients across the globe,” said Martijn Van Horssen, 24i’s Chief Executive Officer. “We feel great about our set up for 2018 and our ability to continue delivering record-setting results and our plans and ambitions to keep surprising the industry with technology innovation.”
The company also significantly expanded its client base across both broadcasters, media companies and operators, including signing recognized corporates and brands, such as Sinclair Broadcasting Group, NPO, RTE, Entel, Globo and the Tennis Channel. 24i strengthened its position in all geographic markets, especially EMEA, North America and Latin America.
24i Media’s growth continues to be fueled by strong market demand for their proven technology framework for the development and deployment of leading Internet TV app solutions.
Meet 24i Media at NAB, booth SU9301CM
24i Media will be showcasing their feature rich set of TV applications at the NAB Show in Las Vegas, booth SU9301CM, April 9-12 and welcomes visitors to drop by their booth or book a meeting to discover how they can leverage 24i’s next generation tools and technologies to stand out from competitors and capitalize on 24i’s flexible and proven solutions.
The companies’ combined capabilities will create greater value for customers and set the pace in a fast-evolving industry
Apr 05, 2017
We are pleased to share the latest news from 24i with you, announcing that Brynhild Vinskei is joining the executive board of the leading TV app specialist, 24i. More details in the press release below.
Amsterdam, The Netherlands, February 16th 2017 – 24i Media, a leading provider of multi-screen TV apps, today announced the appointment of former Xstream executive, Brynhild Vinskei, as Chief Markets Officer. In her new role, she will head the global Sales and Marketing activities for the company and play an instrumental role in the strategic development, expansion and growth of the company globally.
"We are delighted to welcome Brynhild as Chief Markets Officer at 24i.” said Martijn Van Horssen, CEO at 24i. “Brynhild brings extraordinary business expertise and marketing leadership, and is recognized in the industry for developing and executing strategies that have accelerated growth and created significant brand value.Her insight and industry knowledge will help us elevate the 24i brand, enable us to respond to the increasing demand for our services globally, and drive revenue growth across our entire product portfolio.” Hans Disch, 24i’s CSO, adds to that: “Brynhild is the personification of the new phase 24i has reached in successfully executing its global growth strategy. Martijn and I look forward to work with Brynhild and our executive management team, as we continue our enterprise, focused on our joint ambition of changing the future of TV – and realize it."
In her most recent position as Chief Marketing Officer at Xstream, she helped establish the company as a leader in OTT solutions. In a career that spans 17 years, Brynhild has held senior positions managing all aspects of sales, marketing, partner management, communication, events, product marketing, strategic planning and business development. Under her leadership, 24i will continue to drive a stronger global market presence and strengthen strategic partnerships with customers and partners.
Speaking of her new appointment, Brynhild Vinskei says "I am thrilled to be joining the 24i team at such a pivotal time in the company’s history. 24i has been growing extensively over the past few years and is well poised for its continued growth ambitions, helping customers to create highly flexible, personalized and cost-effective TV app solutions across all devices. The consistent 50% yearly growth in sales, achieved through its innovative product stack, validates its commitment and passion to offer their customers future proof, best-in-breed technology. I look forward to applying my expertise to leverage industry trends and drive revenue growth, while being a part of an incredibly innovative, ambitious and close team."
About 24i Media (www.24i.com)
24i is a leading vendor in Smart TV apps for all devices including mobile, Smart TV, Set-top-boxes, Pc/ Mac , game consoles etc., empowering broadcasters, content owners and operators with future-proof and flexible tools to create and monetize personalized TV apps, while accelerating time-to-market and reducing cost.
24i’s technology framework powers the digital experience for leading brands around the world, including RTL, Fox Sports, Viacom Media Networks, Televisa, Fuse Media and many more, delivering state-of-the-art OTT apps, designed to maximize ROI, create seamless consumer experiences and build personalized engagements across all platforms.
24i Media is headquartered in Amsterdam, with offices in Los Angeles, Buenos Aires, Madrid and Brno.
Apr 03, 2019
Amsterdam (The Netherlands), April 3rd, 2019 - Today 24i Media, an industry-leading, global video app developer, showcased how customers can quickly and easily extract insights from videos using Smart OTT and Microsoft Azure Media Services: Video Indexer. 24i will this new solution at the Microsoft booth (#SL6716) and at the 24i booth (#SU9610) at the 2019 NAB Show in Vegas.
In a move to empower its customers to make their video services even more personalized, powerful and intuitive, 24i Media has integrated Video Indexer into their product line. This integration will empower customers to build enhanced search experiences in their video apps, with embedded insights, that increase user engagement.
“Media companies with large archives often struggle with the challenge of transforming those archives into business value, particularly given the challenges of content discovery at scale. Content categorization is often flawed and manual tagging is expensive, error-prone and scales badly,” said Martijn van Horssen, CEO at 24i Media. “By integrating Video Indexer to our modular suite of OTT components, we’re making it easier for customers to unleash the power of their content, improving viewer interaction and engagement.”
Video Indexer builds upon media AI technologies to make it easier to extract insights from videos. Customers can use it to search for spoken words, faces, characters, emotions and enrich apps with embedded video insights to drive user engagement. When paired with 24i's technology, metadata is automatically created by the Indexer and imported as tags into 24i's SmartOTT. For broadcasters for example, this can help create more impactful promotion clips and drive viewers to their content.
“Be it live or on-demand, video is a great way for media companies to engage with viewers whose consumption habits have evolved beyond the linear experience,” said Sudheer Sirivara, General Manager, Azure Media, Microsoft Corp. “We’re excited to partner with 24i Media to deliver a personalized viewing experience to audiences, anytime, anywhere, on any device."
Sep 18, 2015
Amsterdam/Oslo/Montevideo: September 18, 2015 – 24i Media has launch Uruguayan cable operator Nuevo Siglo ‘NS Now’ Over-The-Top (OTT) service for Smart TVs at IBC 2015 – a highly innovative TV app based on the Smart Operator solution of Amsterdam-based TV app developer 24i Media.
Nuevo Siglo already provides OTT content on hybrid set-top-boxes, tablets and mobile devices secured by advanced content protection technology and DRM solutions from Conax. The leading Uruguayan operator is now partnering with 24i to include connected TV screens in their TV Everywhere offering which will be protected and enabled by the Conax Contego™ security backend.
24i Media offers the Smart Operator solution as a TV Everywhere front-end that enables operators to deliver an enriched TV experience to any screen. This ensures that the user enjoys a uniform experience on all devices. 24i’s Smart Operator facilitates an OTT delivery of a rich and interactive TV experience to all connected devices, including Smart TVs, game consoles and even set-top boxes. It optimizes the familiar experience of live TV and video-on-demand, and extends it with many features, including Pause & Restart TV, personalized user profiles & recommendations, Cloud PVR, and Social TV.
“It is very important for us to work with experienced regional partners, says Mario Oliveira, CTO, Nuevo Siglo. 24i is providing high quality service and valuable expertise in rolling out the new solution. Conax continues to offer Nuevo Siglo both a robust, flexible and proven eco-system and the freedom to choose additional OTT components and services as our business grows. Thus, we are very satisfied with the combination of technologies and partners in providing our operations with the ability to easily deploy the new Smart Operator app for further enhancing our consumer offering moving into new generations of content consumption.”
Eduardo Mandia del Castillo, Sales & Programming Director of Nuevo Siglo, comments: “To serve our customers with the most complete offering, it was vital for us to extend the reach of ‘NS Now’ to include Smart TVs. While doing this, we wanted to keep the same interface that users recognize from their tablet and mobile. 24i’s track record ensured that they are more than capable of delivering on this goal. And they proved that in an efficient and effective implementation process.”
Martijn van Horssen, CEO of 24i, says: “Our Smart Operator is suitable for this project because it’s a platform-agnostic product that fits to any back-end system. It can be integrated with Nuevo Siglo’s current technology framework without adjustments from their side. We are excited to work on this project with Nuevo Siglo, one of our first Latin-American clients.”
Nuevo Siglo implemented the Conax Contego platform in 2014 which provides content protection and DRM solutions for their pay-TV operations enabling live and on demand content consumption across hybrid set-top-boxes and multiscreen devices.
“Conax’ partnership with 24i is an indication of the Conax Contego platforms flexibility to adopt new solutions from partners to enable operators like Nuevo Siglo to take their secure pay-TV offerings to new devices and at the same time have complete control of the user experience”, stated Rohit Mehra, SVP Americas, Conax. “Conax is very pleased with our cooperation with 24i and applaud Nuevo Siglo’s forward thinking and aggressive moves into finding new ways to offer their customers access to their on demand library.”
About 24i Media
24i conceives, designs, develops, deploys and maintains high value TV apps for all internet-connected screens: Smart TVs, set-top boxes, gaming consoles, tablets and mobiles. With more than 35 media professionals, 24i services world-leading broadcasters, operators and content-owners, like RTL, SBS, FOX, KPN and NGSN, enabling them to gain a massive competitive advantage in the media industry with innovative and break-through TV apps, enabling new monetization strategies by establishing interactive and personalized relationships with TV content consumers. As a highly focused and skilled front-end specialist, 24i is a true network organization and works in strategic partnerships with TV platform manufacturers, technology solutions providers, OVPs and other suppliers in the TV chain. 24i is founded in 2009 and headquartered in Amsterdam (The Netherlands) with offices in Madrid, Barcelona, Buenos Aires and Los Angeles.
A part of the Kudelski Group (SIX:KUD:S), Conax is a leading global specialist in total service protection for digital TV and entertainment services via broadcast, broadband and connected devices. The Conax Contego™ unified security hub provides telcos, cable, satellite, IP, mobile, terrestrial and broadband operations with an innovative portfolio of flexible and cost-efficient solutions to deliver premium content securely. Conax’ future-ready technology offers modular, fast-time-to-market solutions that enable easy entry into a world of secure multiscreen, multi-DRM content delivery. Headquartered in Oslo, Norway, ISO 9001 & 27001 certified Conax technology enables secure content revenues for 400 operators in 85 countries globally. For more information, please visit www.conax.com.
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