REDWOOD CITY, CA - Qwilt, a leading provider of online video delivery and open video caching solutions, announced today that it has joined as a Founding Member of the Streaming Video Alliance (SVA). The Alliance aims to facilitate the creation of an open architecture, standards and best practices that will scale the infrastructure for online video.
An online video transformation is underway. According to Cisco's Visual Networking Index released earlier this year, by 2018, the amount of video-on-demand Internet traffic will be equivalent to 6 billion DVDs per month. The extraordinary growth of online video has created a challenge for network operators, content providers, content distribution networks and streaming video technology providers. Streaming video must scale quickly, efficiently and cost-effectively to meet demand.
The Streaming Video Alliance plans to address this challenge by focusing on the creation of an open architecture for online video that will deliver seamless industry interoperability and result in higher Quality of Experience (QoE) for consumers. The Alliance will benefit all members of the online video ecosystem without compromising efficiency, QoE or streaming speeds.
"Online video continues to thrive and rising consumer demand for a great streaming video experience is only the beginning," said Alon Maor, CEO and Co-Founder at Qwilt. "The need for increased collaboration among members of the streaming video ecosystem is clear, and the formation of the Streaming Video Alliance presents a strategic opportunity for us to provide consumers with the best experience possible."
By Valerie Tullar(info@koreaittimes.com)
