IBC SPECIAL - SEPTEMBER 2017 IBC_SUPPLEMENT_SEPTEMBER_2017 | Page 10

C Metrological powers Technicolor OTT STB loud-based OTT Application Platform specialist Metrological has confirmed that STB technology provider Technicolor is adopting Metrological’s Application Platform and Web-Platform for Embedded (WPE) on the Technicolor 4K Ultra HD hybrid cable and IP set-top boxes (STBs). The WPE browser and cloud-based architecture simplify the onboarding of premium OTT content, provide a unified framework for IP based video delivery and enable operators anywhere in the world to support integrated user experiences. “Operators are making major investments in new generation STBs supporting OTT as one of their main differentiators. This is creating demand for new, flexible and innovative solutions that engage subscribers and generate new revenue streams,” said Mercedes Pastor, Valossa secures $2m funding Video Artificial Intelligence (AI) company Valossa has completed a $2 million round of investment. The investment will help the company expand its product team and its global sales and marketing. The round was led by London-based 01 Ventures, followed by Finland-based Reaktor Ventures, the strategic investment arm president of Europe, Middle East and Africa (EMEA) Technicolor Connected Home. “By bringing open solutions to the operator community, Technicolor and Metrological are creating opportunities to literally think outside the box by opening the door for new ways to engage with subscribers, while simplifying and integrating how consumers interact with existing services.” The Metrological Application Platform and WPE consist of an open source browser and framework architecture with software plugins. WPE supports operators such as Liberty Global and Comcast to deploy high performance rendering of HTML5 apps, next-generation been completely untapped until today. Valossa recently released its first commercial product, Valossa AI, a cloud service that is the industry’s most comprehensive AI video recognition platform. Valossa AI watches videos at a superhuman speed and produces detailed descriptions for every second of the video. The Core recognition engine is available as an on-premise, API and SaaS platform that detects and of renowned software identifies people, visual and development and design audio context, spoken topics, firm Reaktor, and Finnish themed video categories, and venture capital firm Butterfly explicit content from large Ventures. Jari Ovaskainen, a volumes of video data. noted Finnish business angel integrated user experiences and third-party services on any STB. WPE brings popular plugins such as Netflix, offering pre-integrated and pre-certified software code by which new services can be launched in months instead of years. “We are excited that Technicolor and Metrological share a common goal to ensure that operators have the full range of options for delivering compelling content and integrated TV-experiences to their customers,” said Thijs Bijleveld, senior vice president of sales and marketing, Metrological. “This open, browser based, approach allows operators to integrate apps and Premium OTT content into a single viewer experience. We are proud that Technicolor is adopting our Application Platform and WPE allowing their customers to leverage modern browser based technologies.” Valossa is completing has already been at the movie discovery experience, forefront of advanced video www.whatismymovie.com, AI for the past few years. to become standardized Their technology understands throughout the industry, as video in the same way a video-based companies seek human does, moving well greater monetization around beyond simple descriptions of content using intelligent scenes. This takes the field of video AI and Machine Vision investor best known for his several pilots and trials with technology a big step forward, investments in Finnish mobile its AI-based products for while unlocking a whole new game developers Supercell, corporations and enterprises set of commercial uses for Next Games, and PlayRaven, that own and use volumes customers that has never has also invested in Valossa. of video in their businesses, been possible - until now.” Eeswaran Navaratnam, including several Fortune from 01 Ventures, and Ville Global 500 companies. Heikkinen, from Butterfly “The market opportunity Valossa recently announced that deep video search capabilities will be included Ventures, will join the board for AI in the video industry is in its online service. The of directors of Valossa. huge, and Valossa are already search feature will enable discovery features. “We are now at a tipping point for AI’s utility in the video industry, and we feel that Valossa AI can readily serve the needs of all stakeholders in the industry, from OTT providers to broadcasters to on- demand providers,” said Mika Rautiainen, co-founder and among the clear leaders in customers to gain scene- CEO of Valossa. “Valossa is Global Video Index, by 2021, this emerging space,” said level understanding of t