tisdag, november 17, 2020

Net Insight appoints VP Product Management

Net Insight

Net Insight appoints VP Product Management

Stockholm, Sweden – Net Insight today announced the appointment of Christer Bohm as Vice President Product Management. Prior to taking on his new role, Christer was business developer and former CTO, he is also co-founder of Net Insight.

Christer Bohm joins the Executive Management team and will assume the position as of today. Christer has over 20 years of experience in leadership and technology roles in media, telecom and datacom. As VP Product Management he will be responsible for Net Insight's product strategy, roadmap, implementation and overall success of the Nimbra and Aperi product portfolios in the market.

"Christer's long and broad experience will strengthen both our Executive Management team as well as Net Insight's market position, I look forward to working closely with Christer in his new role," said Crister Fritzson, CEO of Net Insight. "With this appointment I have now established the new leadership team in line with our goal to set the internal foundation in the Net Insight journey."

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  
 
Net Insight also offers ScheduALL, a software solution for intelligent resource planning and optimization 

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/


fredag, november 13, 2020

Net Insight selected to deliver a major network expansion for The Switch

Net Insight

Net Insight selected to deliver a major network expansion for The Switch

Stockholm, Sweden – Net Insight's next-generation Nimbra platform has been selected by The Switch, a leading provider of production services and global delivery of live video, for a significant expansion of its US network. The deal will create a new 100Gbit fiber network, bringing higher capacity connectivity to key media and sports hubs in the North American market.

At the heart of The Switch's multi-phase network upgrade is Net Insight's award-winning Nimbra 1060 ultra-high capacity media transport platform. Highly modular and redundant, this solution allows the service provider to meet rising demand for more flexible production and distribution services, including remote production.

"The Switch is a market leader in high-quality live video delivery and live production services. We are proud that Nimbra is once again the backbone of its expanded network, extending our long working partnership," said Net Insight CEO, Crister Fritzson. "The trend towards remote production and high capacity content services is accelerating as broadcasters, sports leagues and enterprise customers meet the demands of content-hungry audiences. The pandemic has compressed adoption timelines as major sports broadcasters, and leagues work to keep live content on air despite travel restrictions and social distancing measures. Audiences demand higher resolution content on any screen and service providers must ensure their networks are future-ready to handle their customers' evolving needs."

Designed to enable reliable long-distance media networking across any infrastructure, Nimbra provides a single platform for all media and network functions to manage and allocate resources more efficiently.

Robert Szabo-Rowe, The Switch's Senior Vice President of Engineering and Product Management commented, "Net Insight's Nimbra equipment has been at the center of our ability to deliver seamless feeds to our customers for many years. It is a key part of this latest expansion, allowing us to support a more diverse range of production models that enable broadcasters, streaming services, and other content providers to be future-proofed in today's fast-moving market. We are excited to extend our partnership with Net Insight as we take this important step in preparing our network for the next phase in our evolution."

The new 100Gbit fiber ring network also includes Nimbra 680 carrier-class multiservice media routers and edge compute devices.

For further information, please contact:

Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

Platform Communications for Net Insight
Megan Kicks/Nana Rodaki
netinsight@platformcomms.com

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration.

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.

Net Insight also offers ScheduALL, a software solution for intelligent resource planning and optimization.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight

LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/


onsdag, november 04, 2020

Net Insight Interim Report January – September 2020

Net Insight

Net Insight Interim Report January – September 2020

Quote from CEO Crister Fritzson: "Several important product launches"


July – September 2020

  • Net sales amounted to SEK 92.5 (109.5) million, a decrease of -15.5% year-on-year. In comparable currencies net sales decreased by -12.5%.
  • Operating earnings amounted to SEK -7.3 (9.5) million, corresponding to an operating margin of -7.9% (8.6%). Excluding foreign exchange rate differences of SEK -0.9 (2.5) million, operating earnings were SEK -6.5 (6.9) million.
  • Net income for the period for continuing operations and for the Group, including divested operations, was SEK -5.9 (6.8) million and SEK -5.9 (1.8) million, respectively.
  • Earnings per share, basic and diluted, for the Group was SEK -0.02 (0.00).
  • Total cash flow for the Group was SEK -21.1 million (17.3).

January – June 2020

  • Net sales amounted to SEK 291.5 (343.3) million, a decrease of -15.1% year-on-year. In comparable currencies net sales decreased by -15.5%.
  • Operating earnings amounted to SEK -0.6 (20.5) million, corresponding to an operating margin of -0.2% (6.0%). Excluding foreign exchange rate differences of SEK 2.2 (2.2) million, operating earnings were SEK -2.8 (18.3) million.
  • Net income for the period for continuing operations was SEK -2.4 (15.9) million. Net Income for the Group, including divested operations, was SEK 244.2 (-4.6) million. This includes capital gains related to discontinued operations of SEK 246.4 (-) million.
  • Earnings per share, basic and diluted, for the Group was SEK 0.64 (-0.01).
  • Total cash flow for the Group was SEK 214.0 million (-26.9).

Significant events:

  • Continued negative Covid-19 impact
  • Launch of a large number of product functionalities
  • Launch of ScheduALL Evolution

The full report of the third quarter 2020 can be found on netinsight.net

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  
 
Net Insight also offers ScheduALL, a software solution for intelligent resource planning and optimization 

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/




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