Beamr announces its SaaS is now powered by NVIDIA NVENC and unveils its free program and future pricing at $0.05 per GB
October 16 2023 - 7:00AM
Beamr, a leader in video optimization technology, is excited to
announce its latest beta service, which is now powered by NVIDIA
NVENC, coupled with Beamr’s Content Adaptive Bitrate (CABR)
technology, offering accelerated storage optimization at scale.
“Today we are releasing the third Beta of our service, which now
uses Beamr CABR combined with NVIDIA NVENC acceleration on Amazon
Web Services (AWS). We are moving rapidly towards a commercial
release of our service in Q1 2024,” said Sharon Carmel, Founder and
CEO of Beamr.
Since its IPO, Beamr has moved from completion of its
technology’s integration with NVIDIA GPUs to availability of its
solution on AWS in 6 months. This third Beta version has a new user
interface for manual video optimization, an API for large-scale
automation, and support for NVIDIA GPUs for large-scale,
cost-effective automation at high speed on AWS.
“The combination of high-performance NVIDIA NVENC with Beamr's
CABR technology offers businesses with large video repositories a
compelling solution for reducing storage requirements without
compromising video quality, at scale,” said Sepi Motamedi, Global
Broadcast Industry Strategy and Marketing Lead at NVIDIA.
Beamr is committed to democratizing video optimization and
making it available to everyone at low cost. Today, Beamr is
unveiling its pricing plan for the launch of the Beamr SaaS
platform. Users can process video content at the incredibly
competitive rate of only $0.05 for each GB processed. Beamr
believes this pricing model ensures affordability and flexibility
for content providers of all sizes.
Beamr customers can anticipate substantial savings, with an
average of a 30% reduction in storage and networking costs, all
while benefiting from highly affordable processing rates. To
further enhance the customer experience, Beamr has introduced a
savings calculator tool, empowering users to forecast their storage
and networking savings accurately.
To celebrate the launch of the beta service, Beamr is pleased to
offer an exclusive 100GB free program, allowing users to experience
the power of NVIDIA NVENC and Beamr CABR firsthand. Sign up today
at https://cloud.beamr.com and get access to the 100GB free program
to experience the future of video optimization at scale.
This is an illustration of the Beamr SaaS Dashboard
About Beamr
Beamr (Nasdaq: BMR) is a world leader in content adaptive video
solutions. Backed by 53 granted patents, and winner of the 2021
Technology and Engineering Emmy® award and the 2021 Seagate Lyve
Innovator of the Year award, Beamr's perceptual optimization
technology enables up to a 50% reduction in bitrate with guaranteed
quality. www.beamr.com
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reference is made to the Company’s reports filed from time to time
with the Securities and Exchange Commission (“SEC”), including, but
not limited to, the risks detailed in the Company’s annual report
filed with the SEC on April 24, 2023 and in subsequent filings with
the SEC. Forward-looking statements contained in this announcement
are made as of the date hereof and the Company undertakes no duty
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Investor Contact:
investorrelations@beamr.com
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