The dynamic and evolving nature of the media industry leaves little opportunity for reflection. It is difficult to believe it has been nearly a month since we finalized the acquisition of RGB Networks, a significant milestone in our goal to redefine the way media is delivered, monetized and consumed.
RGB Networks was our fourth acquisition in 12 months. Like those before it, it advances our leadership position in video infrastructure, advertising management and workflow solutions. RGB Networks’ technology, people and customers complement and accelerate our vision and roadmap defined by IP, software, cloud and multiscreen. Our goal and mission is to overcome the technical barriers that currently constrain our customers’ creativity and imagination.
Innovation & Growth
For Imagine Communications, 2014 was a year defined by innovation, leadership and growth. From an innovation perspective, we introduced the industry’s first hybrid SDI/IP platform: Magellan™ SDN Orchestrator. We introduced Versio™, the industry’s first fully integrated IP-enabled cloud playout platform, and Zenium™, the industry’s most advanced workflow management system.
From a leadership perspective, Imagine Communications was named Video Encoding and Transcoding Entrepreneurial Company of the Year by Frost & Sullivan and we received our 9th Emmy® award for interoperability of JPEG2000 compression technology.
In terms of growth, we delivered our best overall performance since 2011, as well as acquired three technology companies aligned with our vision and strategy — all of which are helping us advance and accelerate our roadmap designed for our media networks, broadcasters, communication service providers and enterprise customers.
More to Come
In 2015, the convergence of video, mobility and the Internet brings our industry to an inflection point. Lean-back TV viewing is moving aside for a more personalized, viewer-controlled experience. Consumers now demand the freedom and flexibility to view all forms of media anywhere, anytime and on any device, forcing innovators to create new technologies, architectures and business models to adapt to these rapid changes.
To monetize their services and capture market share, our customers will need to migrate away from inflexible, proprietary infrastructures and adopt IP-enabled, cloud-based, software-defined networks and workflows to deliver top-line growth and bottom-line results. Our ongoing investments in innovation and leadership in these areas are helping our customers ease the transition to these more flexible, next-generation solutions.
Video is increasingly at the center of social networking and the media and entertainment we consume. Imagine Communications is poised to lead the industry into the new frontier.
We are inspired every day to exceed the expectations of our customers, delivering the tools and technologies that enable them to develop new business models to grow and monetize their content and services. We look forward to setting new benchmarks for innovation and ascending to new heights of technology advancement in 2015.