Qumu Reports Third Consecutive Quarter of Record Cloud Video Usage as Global Workplace Continues to Virtualize
November 05 2020 - 9:15AM
Business Wire
Viewer Traffic Through Qumu Cloud Surges Another 42%,
Regularly Exceeding 10 Million Monthly Viewers During Q3 of
2020
Qumu, the leading provider of secure, cloud-based video
streaming and management technology to organizations of all sizes,
announced use of its market-leading cloud-based video platform
pushed to record levels again during Q3 of 2020. The company
reported that traffic through its cloud platform regularly exceeded
10 million monthly viewers during Q3 of 2020, as organizations
across the globe continue to rethink the future of physical office
space due to COVID-19. This jump represents a more than 400%
increase in platform usage from the beginning of 2020, and a 42%
increase in platform usage over the previous quarter.
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Qumu Cloud Video Viewer Growth September
2019-2020 (Graphic: Qumu)
“The number of highly visible organizations committing to a
permanently remote workforce is increasing daily,” said TJ Kennedy,
CEO of Qumu. “Global leaders like Microsoft, Hitachi, Fujitsu,
Facebook and Slack have already announced permanent work-from-home
for some or all employees. And multiple organizations are being
added to that list on a daily basis.”
Qumu has become a key component of the enterprise collaboration
technology stack, helping organizations of all sizes maintain
business continuity as they implement work-at-home policies,
restrict travel, and virtualize events. Qumu extends the
functionality of popular tools like Zoom, Webex and Teams by adding
unlimited scale, enterprise-grade security, comprehensive video
asset management and self-service broadcasting—and is leveraged by
organizations for live and on demand video use cases including
executive webcasting, product launches, customer training, wellness
communications and employee onboarding.
“Business leaders across the globe are anticipating the
possibility of never going back to a traditional office setting,
with a recent Gallup poll indicating that five in ten workers would
prefer to never return to an office setting,” noted Kennedy. “This
has created significant demand for technologies like Qumu, which
allow organizations to not only communicate easily and securely via
video, but also manage the massive number of on demand assets video
communication is creating. At Qumu, we are excited to be at the
forefront of what has become the primary way organizations drive
communication and ultimately results.”
Parties interested in learning more about how enterprises of all
sizes are using video to replace in-person communication are
encouraged to read Qumu’s white paper titled Beyond Uncertain
Times: Video Communication as the New Standard available on the
Qumu website, or contact the company directly using the Contact Us
Form.
About Qumu Corporation
Qumu (Nasdaq: QUMU) is the leading provider of best-in-class
tools to create, manage, secure, distribute and measure the success
of live and on-demand video for the enterprise. Backed by the most
trusted and experienced team in the industry, the Qumu platform
enables global organizations to drive employee engagement, increase
access to video, and modernize the workplace by providing a more
efficient and effective way to share knowledge.
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Eric Rudolf Vice President of Marketing Qumu Corporation
eric.rudolf@qumu.com +1 612-638-9085
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