onsdag, november 09, 2022

“Who you are matters”: Net Insight addresses the future of hybrid media technology

Net Insight

"Who you are matters": Net Insight addresses the future of hybrid media technology

Net Insight targets information that could be limiting the effective adoption of cloud and IP technology

Stockholm, Sweden — Net Insight aims to engage audiences around the world to adopt hybrid workflows seamlessly, reliably, and efficiently. The "Who you are matters" marketing campaign puts customers at the center, giving broadcasters, production companies, and service providers the information they need to unlock the benefits and challenges of cloud and IP.

"Businesses striving to deliver major sports, news, entertainment, and corporate events to audiences worldwide face very different challenges depending on the type of event, the services they offer, and their existing technology infrastructure. The first issue often identified by the industry is the fast-evolving, crowded media market — there are so many vendors, products, and services to evaluate," said Yaya Selva, Global Marketing Director at Net insight. "Our mission is to provide the right information, at the right time, through the right channels. We're also calling on the industry to reconsider the way we all communicate so that we can collectively empower more organizations to focus on their foundation and infrastructure to make it scalable and future-proof."

"Who you are matters" because everyone looking to deliver media has unique business and operational requirements. When it comes to choosing the right solution, one size does not fit all. Companies have to navigate technical demos, case studies, and solutions to find the real business benefits. This could impact the speed and success of innovation as they may hesitate to transition to cloud and IP or opt for solutions that may not be the most suitable for their needs.

Net Insight's campaign is built around streamlined information designed to enable everyone, regardless of their technical knowledge, to find the right solutions they need to make informed decisions. Net Insight's solutions are clearly tailored to different media customer challenges and requirements, providing insight into various business goals, workflows, and technologies.

"The fast pace of innovation means that we all need to be able to rapidly access insight and expertise that helps us achieve our business goals," said Silvia Botella, Marketing Manager at Red Bee Media. "We applaud Net Insight's initiative to streamline the way technology is discussed. It would be brilliant to see more of an industry focus on providing educational content. By doing this, we can also support more people as they start a career in video production – which would help to address the need for more talents in the industry." 

"It is one thing to discuss and predict the unknown future of media," said Stan Moote, CTO at IABM. "The challenge really is being able to unearth the right mix of products, services, and workflows along with industry specialists to assist you with dovetailing tomorrow's media and business needs into your day-to-day projects and workflows."

For 25 years, the world's leading content owners, broadcasters, production companies, service providers, and enterprises have trusted Net Insight to deliver the biggest sporting, news, entertainment, and corporate events to audiences worldwide. Net Insight's solutions are deployed by hundreds of customers in over 70 countries to keep their mission-critical media networks running smoothly. The world's leading brands – from The Switch and Tata Communications to Red Bee, LinkedIn, and Shanghai Media Group – rely on Net Insight to connect content to audiences.

Explore "Who you are matters" on the revamped website netinsight.net.

For further information, please contact:
Yaya Selva, Global Marketing Director at Net Insight AB, +46 8 685 04 00, yaya.selva@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard' for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us:

Twitter: twitter.com/NetInsight
LinkedIn: linkedin.com/company/net-insight/

Platform Communications for Net Insight:
Nana Rodaki
netinsight@platformcomms.com
+44 (0) 745 5515 9523


tisdag, november 08, 2022

Net Insight Interim Report January – September 2022

Net Insight

Net Insight Interim Report January – September 2022

Strong earnings driven by high sales in the US and a strong dollar

"Substantial Nimbra Edge order is clear proof of our competitiveness in cloud."

The solid growth seen in the first six months continued into the third quarter. We continue to report strong earnings, despite an increasingly uncertain market. The growth is driven by strong sales in region Americas, we delivered larger orders to two of our customers of which one includes delivery of equipment for the 2022 Football World Cup in Qatar. Due to the large proportion of USD in the sales for the quarter, both revenue and earnings benefited from a significant positive exchange rate effect compared with the same period year-on-year. Revenue and earnings from the new product area 5G synchronization also contributed to the strong sales and earnings.

Crister Fritzson, CEO Net Insight

July – September 2022

  • Net sales amounted to SEK 130.3 (100.8) million, an increase of 29.2% year-on-year. In comparable currencies net sales increased by 12.3%.
  • Operating earnings amounted to SEK 27.3 (11.8) million, corresponding to an operating margin of 20.9% (11.7%). Excluding foreign exchange rate differences of SEK 0.5 (-0.2) million and items affecting comparability of SEK -2.7 (0.0) million, operating earnings were SEK 29.5 (12.0) million.
  • Net income for the period was SEK 24.2 (10.1) million.
  • Earnings per share diluted was SEK 0.07 (0.03).
  • Total cash flow for the Group was SEK -36.0 (25.1) million. Excluding the cash impact from repurchase of own shares (during 2022) and of the divestment of operations (during 2021), cash flow was SEK 2.1 (-6.5) million.

January – September 2022

  • Net sales amounted to SEK 350.1 (272.8) million, an increase of 28.3% year-on-year. In comparable currencies net sales increased by 16.9%.
  • Operating earnings amounted to SEK 47.3 (23.5) million, corresponding to an operating margin of 13.5% (8.6%). Excluding foreign exchange rate differences of SEK 0.9 (8.2) million and items affecting comparability of SEK -2.6 (0.6) million, operating earnings were SEK 49.1 (14.7) million.
  • Net income for the period was SEK 44.1 (21.0).
  • Earnings per share diluted was SEK 0.12 (0.05).
  • Total cash flow, including discontinued operations in 2021, was SEK -61.0 (55.9) million. Excluding the cash impact from repurchase of own shares (during 2022) and of the divestment of operations (during 2021, cash flow was SEK 13.8 (9.2) million.

Q3 in brief:

  • Substantial Nimbra Edge order
  • First 5G delivery to Three Sweden
  • First customer delivery of advanced ST 2110 functions and increased sales of JPEG XS

For the complete interim report, please refer to the attached PDF.

A web presentation for media and the financial community will take place at 9:30 am CET on November 8, 2022
CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the interim report: https://financialhearings.com/event/43520

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

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us:

Twitter: twitter.com/NetInsight
LinkedIn: linkedin.com/company/net-insight/


måndag, november 07, 2022

Mathias Berg resigns as board member of Net Insight AB

Net Insight

Mathias Berg resigns as board member of Net Insight AB

Stockholm, Sweden – Mathias Berg has informed the board that he is leaving his position as board member of Net Insight AB (publ) prematurely.

Mathias Berg has been appointed Head of TV & Media at Telia Company and assesses that he does not have the time required for the board work. Mathias leaves the board assignment with immediate effect.

"Mathias has been a valued member of Net Insight's board and on behalf of the entire board I would like to thank him for his valuable contributions over the years. We wish him every success in his new position at Telia," said Gunilla Fransson, Chairman of the Board of Net Insight.

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) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us:

Twitter: twitter.com/NetInsight
LinkedIn: linkedin.com/company/net-insight/




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