Bitmovin enters the Russian market through a partnership with Teleport Media, a resident of the Skolkovo Foundation.
Bitmovin technologies are trusted by the BBC, Hulu, Periscope, New York Times, Turner, Redbull and other major international companies. Bitmovin demonstrates an adaptive infrastructure for streaming video in the Internet, an analytics system, as well as encoding services and an HTML5 video player that have been many times noted as the best in Europe and the United States. Teleport Media will assist Bitmovin in communications and adapt the company's products for the Russian market.
Andrey Klimenko, Director of Teleport Media, said: "We see promising prospects for developing solutions for video services in joint projects on the Russian market and abroad, and have already attracted the attention of potential customers. Today, the official partnership between our companies is an important strategic step: Bitmovin is interested in the explosive growth of the Russian OTT/VOD market, and Teleport Media will expand its product line and provide customers with the most modern technical solutions in the field of video streaming."
Teleport Media and Bitmovin products complement each other. Bitmovin produces modern video players that help ещ improve the speed and quality of video transmission by encoding and decoding video. Bitmovin Player can be integrated with the Teleport Media solution using the Skolkovo company's own software plugin. Teleport Media clients can significantly reduce traffic and save on broadcasting by spending 15 minutes on setup and entering a couple of lines of code in front of the media player on the website or in the mobile app. The same vision of the VidTech market allows Teleport Media and Bitmovin to complement any video production, storage, and delivery architecture effectively.
Chris Milne, EMEA Bitmovin Sales Director: "Our network of commercial and technology partnerships helps customers to improve their video services every day. Teleport Media combines strong technical skills and excellent local market know-how."