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Digital
Rapids Honored with Two Prestigious Frost & Sullivan Awards for
Video Encoding and Transcoding Excellence
Other Topics: IPTV
Social Networking,
IPTV STB Order
Digital Rapids
March 20, 2008
Dual recognition for Customer Value Enhancement and
Entrepreneurial Company of the Year in the World Video Encoders and
Transcoders Market
Markham, Ontario -- Digital Rapids, a leading developer of solutions
for bringing television, video and film content to the next
generation of viewing devices, announced today that the company has
been recognized with two prestigious awards from highly-respected
global research firm, Frost & Sullivan. Frost & Sullivan has honored
Digital Rapids with the 2008 Customer Value Enhancement and
Entrepreneurial Company of the Year awards for the World Video
Encoders and Transcoders Market. |
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Frost & Sullivan Best
Practices Awards recognize companies in a variety of regional and
global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological
innovation, customer service, and strategic product development.
Industry analysts compare market participants and measure
performance through in-depth interviews, analysis, and extensive
secondary research in order to identify best practices in the
industry. Digital Rapids was one of only three companies to receive
2008 Best Practices Awards in the World Video Encoders and
Transcoders Market, and the only one to earn dual-award honors.
"It is extremely rare for Frost & Sullivan to recognize one company
with two Best Practices Awards in the same year, but in the case of
Digital Rapids, such distinction is truly justified," said Frost &
Sullivan Senior Industry Analyst, Vidya S. Nath. "In the highly
fragmented and competitive digital media market, Digital Rapids has
shaped its strategies to suit diverse and rapidly-evolving customer
requirements. Their broad range of solutions allows them to cater to
customers across different markets and media, helping customers buy
products suited to their application needs, target audiences and
budgets. Furthermore, Digital Rapids' ability to tailor their
products and services to specific customer project requirements has
truly added value to the customers' media services."
Video encoding and transcoding systems are used to transform video
and audio content into the formats required for viewing on multiple
platforms and devices including broadcast, cable and satellite
television; IPTV; the web; mobile phones and personal media players.
Through a competitive combination of a comprehensive product line,
quality, cost-effectiveness and adaptability to customer
requirements, Digital Rapids solutions enable customers to maximize
the potential of their media content when pursuing new revenue
opportunities or new ways to reach their audiences in the evolving
digital media market. Digital Rapids solutions have been adopted by
thousands of worldwide customers of all types and sizes -- from
leading broadcast networks, motion picture studios,
telecommunications companies, online content distributors and post
production facilities to corporations, government agencies, schools
and churches.
"We are extremely pleased to be honored by analysts of Frost &
Sullivan's stature," said Brick Eksten, President of Digital Rapids
Corporation. "The exceptional success of our customers as they
capitalize on new media distribution opportunities has long
validated the value offered by our solutions and expertise, and this
recognition further confirms the strength of our customer-focused
strategy as we continue our tremendous growth."
For more information about Digital Rapids, please visit
www.digital-rapids.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with
clients to accelerate their growth. The company's Growth Partnership
Services, Growth Consulting and Career Best Practices empower
clients to create a growth-focused culture that generates, evaluates
and implements effective growth strategies. Frost & Sullivan employs
over 45 years of experience in partnering with Global 1000
companies, emerging businesses and the investment community from
more than 30 offices on six continents. For more information about
Frost & Sullivan's Growth Partnerships, visit www.awards.frost.com.
About Digital Rapids Corporation
Digital Rapids is a leading developer of professional hardware and
software solutions for video ingest, encoding,
transcoding, protection, streaming, and
delivery. Digital Rapids offers solutions that scale from individual
applications to enterprise and global workflows, with the proven
expertise to help our customers maximize their productivity and the
value of their content in the evolving digital media market. Digital
Rapids products integrate seamlessly into new and existing post
production, broadcast, institutional and media distribution
environments, dramatically increasing the volume and quality of
media produced while lowering overall costs. Digital Rapids
Corporation (www.digital-rapids.com) is headquartered in Ontario,
Canada with sales offices in the United States, the UK, Australia,
Argentina and Hong Kong. |
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