Herzliya Israel, May 30, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced an improved tiered pricing model, including a customizable plan for enterprises, that will offer customers enhanced security and privacy features, a plan with incentives for long-term contracts and a prepaid plan.
Enterprises and other companies with large video libraries and repositories face distinct challenges, and Beamr Cloud's customizable new plans will provide specifically tailored solutions for them. Such customers are often required to keep video files under their control, and now they will be able to choose between various channels to enjoy Beamr Cloud service according to their preferences. These include a secured virtual private cloud (VPC), enabling to run Beamr Cloud on the customer’s personal servers. As a result, the videos will not leave the user network, and the customer will gain enhanced security and privacy, while also adhering to regulatory needs. Additionally, such customers will benefit from flexible rate and payment options and a dedicated account manager.
The plan for long-term contracts offers incentives for usage growth for customers who wish to easily optimize a constant flow of new videos. The prepaid plan is suitable for users with specific, flexible video needs. For example, users with video archives will benefit from updating old video formats to new, modern ones, including High-Efficiency Video Coding (HEVC) and AOMedia Video 1 (AV1), an emerging video format, backed by tech giants.
Figure 1: Beamr Cloud's new pricing model: a customizable plan for enterprises, incentives for long-term contracts and a prepaid plan
Beamr Cloud upgraded plans reflect the continuous discussions the company has held in recent months with key players in AI, Streaming, Broadcasting, Internet-of-Things and other emerging industries, mainly through participation in leading international conferences, such as GTC and NAB Show.
Beamr Cloud GPU-based ultra-efficient video handling, launched in February 2024, offers essential workflows or customizable processes. In the near future, Beamr intends to add AI capabilities, that are in tandem with video optimization, as GPU is a natural acceleration platform for both. Beamr’s patented technology enables high-performance video processes for enterprises as well as other users, reducing file size by 30%-50%, resulting in decreased storage, networking and CDN costs while maintaining video quality.
About Beamr
Beamr (Nasdaq: BMR) is a world leader in content adaptive video solutions. Backed by 53 granted patents, and winner of the 2021 Technology and Engineering Emmy® award and the 2021 Seagate Lyve Innovator of the Year award, Beamr's perceptual optimization technology enables up to a 50% reduction in bitrate with guaranteed quality. www.beamr.com
Forward-Looking Statements
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Investor Contact:
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