Friday, June 14, 2024

Airtel launches ‘Airtel IQ Video’ – a CPaaS solution to democratize video streaming in India

Bharti Airtel (“Airtel”), India’s premier communication solutions provider, today announced the launch of its Video Platform as a Service (CPaaS) – ‘Airtel IQ Video’.The solution has been developed by Airtel’s in-house engineering teams.

By leveraging Airtel’s resilient cloud,and cutting edge video technologies, Airtel IQ
Video allowsbusinesses to build world-class video streaming products for large and small screens with minimal investment in infrastructure and technology. Airtel IQ Video is an end-to-end managed solution that brings convenience along with cost benefits. It encompasses a variety of features ranging from app development, content hosting, curation and lifecycle management to search and discovery, analytics andmonetisation models (advertising, subscriptions, transactions).

Take the example of Raj TV, who have used Airtel IQ Video to take the OTT route to serve increasingly digitally savvy consumers. Says M Raajhendhran, Managing Director at Raj Television Network “We had a content library of over 30,000 hours with some of the best Tamil, Telugu, Kannada and Malayalam films.But most of this content was on tapes/analog formats and audiences also want to access these through OTT. Using Airtel IQ Video, we have been able to digitize our content, host it on Airtel’s cloud platforms and offer it to audiences both in India and across the global through our own OTT app. Importantly, we have been able to achieve this at the fraction of the costin very quick timewith access to the best technology that has
ensured the user experience is excellent. We look forward to deeping our relationship with Airtel.”

According to RBSA Advisors, India’s video OTT market is expected to touch USD 12.5 billion by 2030, from USD 1.5 billion, currently. The report also highlighted that the next wave of growth in the OTT landscape will come from tier II, III and IV cities and regional languages at the centre of this growth story. Keeping these changing trends in sight, existing regional OTTs are looking to scale their technology platforms to accommodate the rising number of users. Traditional content providers such as regional TV broadcasters are looking to digitize their content libraries through OTT applications.

Adarsh Nair, Chief Product Officer, Bharti Airtel said: “Airtel IQ Video brings an
easy-to-use platform that can enable anyone to quickly build and scale their business in video streaming. This will encourage enterprises to focus on content while Airtel IQ Video anchors the end-to-end technologyensuring a great viewing experience for customers. WithAirtel IQ Video, we expect to see more content startups and traditional content companies coming online and directly engaging with consumers digitally.”

During the beta phase, Airtel IQ Video has also been deployed byEros Now and CG Telecom of Nepal.Airtel is expecting to onboard 50+ brands on the platform in coming year as interest from market has been high.

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