SUNNYVALE, Calif., Sept. 16, 2023 (GLOBE NEWSWIRE) — Evergent, the leader in account management and monetization for streaming and digital subscription businesses, and Irdeto, the global leader in digital platform cybersecurity, today announced a new The partnership combines Evergent’s flexible solutions with subscription and customer management solutions using Irdeto’s video streaming security and management tools. The new partnership will enable OTT streaming providers to capitalize on the rapidly growing subscription services market and quickly bring innovative, customized use cases to market.
According to research from Statista, the global OTT video market is expected to grow at a compound annual growth rate of 10% over the next five years. OTT streaming video providers must compete for position in this growing market by offering unique, customer-friendly packages and experiences. The new partnership between Evergent and Irdeto will provide these companies with solutions to customize customer offerings, allowing streaming providers to quickly bundle different products and services and bring them to market.
“Speed and flexibility are key to surviving and thriving in the current economic environment,” said Vijay Sajja, founder and CEO of Evergent. “By partnering with Irdeto, we have found a company that shares our goals and values. Our unique portfolio will enable our OTT customers to design services and bundles that help them acquire and retain loyal subscribers. The subscription services market can rely on the speed, flexibility and reliability of Evergent and Irdeto.”
The new partnership will provide Evergent and Irdeto’s subscription service providers with the most configurable and easy-to-deploy solution. Evergent’s suite of flexible monetization and customer experience solutions enables OTT streaming video and other service providers to quickly plan, evaluate and implement new business strategies.
In the age of video streaming, Irdeto plays a leading role as a trusted partner to its customers, providing a rich set of end-to-end OTT solutions that help maximize the value of their platform and content rights. Pay TV operators adopting a hyper-convergence strategy (broadcast and OTT combined) can leverage Irdeto’s cybersecurity solutions to provide the fastest, most flexible and secure way to deploy hybrid (or pure) on Android TV or RDK devices. OTT) service – top box.
Doug Lowther, CEO of Irdeto, said: “The synergy between Irdeto’s secure video streaming solutions and Evergent’s customer management tools will bring dramatic change to streaming video providers and other subscription-based video providers. “No other solution offers this breadth of functionality and ease of use. We look forward to growing this partnership and delivering additional value to our customers in the coming months.”
Headquartered in Sunnyvale, California, Evergent provides customer relationship management tools to digital media, entertainment and telecommunications providers worldwide. With customers ranging from small businesses to Fortune 500 companies in 175 countries, Evergent creates flexible, user-friendly solutions that enable each customer to streamline their CRM processes and maximize profitability.For more information, please visit www.evergent.com.
Irdeto is the global leader in cybersecurity for digital platforms, helping companies innovate for a secure, connected future. Irdeto’s services and solutions are built on more than 50 years of security expertise, protecting revenue, driving growth and fighting cybercrime in connected industries such as video entertainment, video gaming, and transportation, health and infrastructure. With teams located around the world, Irdeto’s greatest asset is its people and it celebrates diversity through an inclusive workplace where everyone has an equal opportunity to drive innovation and support Irdeto’s success. Irdeto is the security partner of choice, committed to creating a secure world where people can connect with confidence.
For more information, please visit www.irdeto.com.
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