OpenVault To Launch Giving Initiative at NCTC Winter Educational Conference

OV Cares to spearhead donations of travel-sized personal items for charity

Hoboken, NJ; February 20, 2019 – OpenVault, a global provider of industry analytics and technology solutions for broadband operators, will not only be exhibiting and speaking at the upcoming NCTC Winter Educational Conference in Atlanta, GA, but also will be using the event to launch OV Cares, an OpenVault-led initiative to help the needy in the surrounding community.

At the OpenVault booth (#707) at the February 25-26 WEC event, OV Cares will be collecting unused, travel-sized personal hygiene items to benefit the Jerusalem House, an organization that provides homeless and low-income individuals and families affected by HIV/AIDS in Greater Atlanta with a continuum of housing options, supportive services, and educational opportunities.

“As a company that works and travels around the world to provide broadband solutions for operators globally, we were struck by the collective value to non-profits and the needy of unused personal care items business travelers leave behind every day,” said Josh Barstow, executive vice president of Corporate Strategy and Business Development for OpenVault, “We’re encouraging WEC attendees to rally behind this cause and to make it a priority each day to deliver to our booth of any unused personal hygiene items.”

In addition to OV Cares, OpenVault’s presence at WEC also will include an exhibit of new technologies at its booth, as well as thought leadership insights from Mark Trudeau, the company’s CEO and founder. Trudeau will discuss ways to monetize data growth and create new revenue streams during the Bring the Blitz:  Broadband Pricing and Packaging Plays that Work breakout session on Tuesday, February 26 from 2:50pm to 3:40pm in the International Ballroom, Level M2 of the North Tower of the Omni Hotel @ CNN Center. 

About OpenVault

OpenVault’s solution suite tracks broadband data usage consumption levels for millions of subscribers and helps operators across the globe better manage their networks, saving time and costs while increasing revenue and subscriber satisfaction. Network operators use OpenVault’s easy-to-use tools to dramatically improve visibility into their networks and automate management functions to proactively handle congestion, forecast network requirements, monetize broadband growth and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact: Paul Schneider at pspr@att.net or +1-215-817-4384 Kristen Nihamin at knihamin@openvault.com or +1-917-509-9028

GRUPO TV CABLE, OPENVAULT INK LONG-TERM DEAL TO BOOST BROADBAND EXPERIENCES IN ECUADOR

Cloud-based solutions to optimize performance and UX

Hoboken, NJ; February 19, 2019 – OpenVault, a global provider of industry analytics and technology solutions for broadband operators, today announced a major step forward in its Latin American market expansion with the signing of a long-term agreement with Ecuador’s largest cable operator, Grupo TVCable.

Under the agreement, Grupo TVCable will roll out OpenVault’s cloud-based solutions to its more than 35 CMTSs throughout Ecuador. Grupo TVCable, which provides direct-to-home (DTH), fixed telephony, cable and broadband services, previously completed a successful multifaceted technical trial that validated the capabilities of OpenVault products and solutions.  

“As the importance of broadband has increased, Grupo TVCable is committed to providing high-quality customer experiences and optimal service now and in the future,” said Jorge Schwartz, CEO of Grupo TVCable. “This long-term relationship will enable us to use OpenVault’s intelligent technology to deliver innovative products, packages and experiences today, and to ensure continued progress for our nationwide network and service.”

The new agreement will enable Grupo TVCable to improve user experiences and satisfaction through the use of two products: an Operations & Analytics module that provides insights into usage patterns and creation of more intuitive packages and more flexible business models, and a Policy Manager that can improve management of network congestion in real-time and reduce strain on network infrastructure. Bireme Systems, a consulting firm specializing in the Latin American telecommunications market, assisted OpenVault and Grupo TVCable in negotiating the agreement.

“Grupo TVCable is leading the way in Latin America for proactively anticipating subscribers’ usage needs and network capabilities and delivering service quality that can drive customer satisfaction and retention,” said Josh Barstow, executive vice president of Corporate Strategy and Business Development for OpenVault.  “They are writing the roadmap for industry-best practices with network management and visibility into broadband usage patterns, which can drive new revenue opportunities and business success.”

“Operators throughout the Latin American market are connecting the dots between effective broadband management and subscriber satisfaction,” said George Kassas, founder and CEO of Bireme Systems.  “We anticipate that this deployment with Grupo TVCable will show how OpenVault solutions can help operators optimize subscriber experiences and drive business success.”

About OpenVault

OpenVault’s solution suite tracks broadband data usage consumption levels for millions of subscribers and helps operators across the globe better manage their networks, saving time and costs while increasing revenue and subscriber satisfaction. Network operators use OpenVault’s easy-to-use tools to dramatically improve visibility into their networks and automate management functions to proactively handle congestion, forecast network requirements, monetize broadband growth and communicate with subscribers. For more information, please visit openvault.com.

About Grupo TVCable

Grupo TVCable is the leading private multimedia provider in Ecuador offering pay-TV, broadband and fixed voice services throughout the country serving 12 metropolitan areas, including the major cities of Quito, Guayaquil and Cuenca.  TV Cable was founded in 1988, providing pay TV services only according to the regulatory situation prevailing in that time and increasing all additional services with latest technologies since then. Today, Grupo TVCable is the largest private multimedia operator in Ecuador offering triple play services.

For media inquiries, please contact: Paul Schneider at pspr@att.net or +1-215-817-4384; Kristen Nihamin at knihamin@openvault.com or +1-917-509-9028

US LESSONS LEARNED: OTT, DATA USAGE GROWTH & MONETIZATION RESULTS

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INTRODUCTION

In the United States, demand for over-the-top (OTT) video is at an all-time high with no signs of slowing down. In a culture that values and expects the delivery of massive amounts of content at anytime, anywhere and on any device, the demand for OTT content will continue to expand for the foreseeable future. In fact, industry experts predict that OTT video will and ultimately become a mainstream method for viewing video content. The “TV Anywhere” dynamic is a current expectation regardless of age or geography.

For example, in a recent study conducted by MTM, an independent London-based research and strategy group, domestic (US) premium OTT revenues are expected to grow from $4bn in 2014 to between $8-12bn in 2018. Niche services, complementing more generalist pay-tv or OTT offerings, are also expected to proliferate with up to 15-20 new specialist OTT providers acquiring 100,000 or more paying subscribers by 2018, with even more attracting smaller number of subscribers.

 

Over the Top Meets 4K

As OTT video consumption ramps up, consumer behavior and technology will continue to expand and evolve accordingly. In order to keep pace with and more importantly, optimize the ever-expanding OTT universe, the industry must anticipate market changes, overcome the technical challenges and create flexible business models that monetize new opportunities that assure both a quality experience for the subscriber and profitability for the operator.

As expected, the emergence of OTT in Europe is following a similar path to the US experience and despite regulatory issues and technology challenges, the European OTT market is also expected to grow
exponentially and present great business opportunities over the course of the next few years in particular.

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However, in order for Europe to experience the same success as the US OTT market, it is critical to understand subscribers’ high-speed data usage behaviors. As evidenced in the US, a granular understanding will allow providers to make optimal business decisions about their future broadband offerings.

 

THE US EXPERIENCE

According to the MTM study, the US premium OTT market has seen strong growth over the past years, largely driven by Netflix, YouTube, Amazon and Hulu. In 2014, the market was worth $4bn, having grown at a CAGR of 36% between 2011 and 2014. By the close of 2014, 40.3% of US TV households were subscribing to at least one premium OTT service. However, SVOD revenues, around $4bn, comprised only a relatively small share of the wider TV and video market estimated at approximately $185bn in 2014.

ov-data-usage3aThe rapid growth of premium OTT services in the US market has been due to a number of factors, including wide availability of broadband infrastructure; consumer demand and willingness to pay for content; scale and wealth of the US market; the fact that the US is a leader in media, entertainment and technology; and Netflix’s domestic success, which stimulates overall interest and investment in the OTT market.

ov-data-usage-4Successful operators, programmers, service providers and broadcasters in the United States who recognize the revenue potential of these market changes and OTT growth have adjusted their business models accordingly. However, in order to monetize these new opportunities, several factors must first be addressed in order to ensure this transformative success. To begin, consumer’s new viewing habits and high-speed data demands present not only technical issues such as network congestion but also pricing/budget challenges and customer satisfaction concerns. Therefore, many Independent broadband providers have begun offering cost-effective solutions that respond to consumers’ evolving streaming behaviors, offer friendly data usage plans and flexible pricing models and yet do not require large capital investment into the network infrastructure.

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OPENVAULT’S LARRY FOLAND ELECTED TO CCTA BOARD

OpenVault is proud to announce that Larry Foland, OV’s Vice President of Sales and Business Development – North America & Caribbean, has been elected to the Board of Directors for the Caribbean Cable Telecommunications Association as an Associate Director. As a leader in the telecommunications industry for more than 20 years in both vendor and provider roles, Larry also serves as co-chair on the board of the Mid-America Cable Telecommunications Association and is an active member in many other professional associations and trade events.

In this new role as Associate Director at CCTA, Foland will collaborate with his peers to regulate new industry standards and practices while also design innovative strategies to elevate the market environment for cable and telecommunications providers throughout the Caribbean.

Formed in 1983, the Caribbean Cable and Telecommunications Association represents cable and telecommunications providers throughout the Caribbean, as well as the programmers, software and hardware suppliers that support their operations.

NFL Game Changer for Live Streaming Market

OV Lt Grey Google 320 132 2NFL insiders recently predicted that a partnership between the National Football League and an online streaming provider is the future of football viewership. In fact, in an interview with NBC Sports, Arizona Cardinals president Michael Bidwell said, “There’s no doubt it’s coming. The question is how we transition into it. What we need to do is do a great job of listening to our fans about how they want to consume NFL content. Our fans are switching to digital, they’re switching to handheld and mobile devices, and we want to respond to that.”

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