Concurrent Containerized Solutions Powering Qvest.Cloud

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Concurrent Technology Inc., a Vecima Company (TSX: VCM), the global leader in media delivery and storage solutions for content owners, broadcasters and service providers, and Qvest Media, one of the world's leading systems architects and ICT integrators for broadcast and media technology, today announced that they have signed a global reseller agreement and that Concurrent's containerized transcoding solution has been selected by Qvest Media for use within the newly unveiled Qvest.Cloud service. As part of the Qvest.Cloud service, transcoding workloads will run in compute agnostic software instances across a full range of environments: dedicated servers, private clouds, and public clouds. As part of the new Partner Agreement between the two companies, Qvest Media will incorporate Concurrent's CDN, Transcoding and Storage solutions into projects throughout the EMEA and APAC regions. Together, Qvest Media and Concurrent will enable flexible cloud-centric operations for Broadcasters and Content Owners to manage and deliver their content, and improve the costs and scalability of OTT services as more consumers switch to OTT services.
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