New features will enable technologists to accommodate accelerated innovation for immediate and long-term video streaming demands
SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY), provider of a global edge cloud platform, today announced advancements to its comprehensive portfolio of live event and video-on-demand services. As organisations continue to experience a shift from in-person to online, the need to deliver high-quality, low-latency content in a secure and scalable way has become more crucial than ever before. Fastly’s enhanced Live Event Services and video-on-demand features will enable developers to respond to a recent rise in live streaming events influenced by the COVID-19 pandemic, in addition to preparing for long-term video streaming trends.
“COVID has drastically accelerated the quantity and frequency of live streaming viewership that we were already seeing pre-pandemic,” said Lee Chen, vice president of corporate development and strategic partnerships at Fastly. “The gap between those investing in streaming technologies and those who are not, is widening and becoming more prominent than ever before. Having the correct set of tools and technologies is essential for businesses to accelerate their digital transformation and stay ahead of their competitors.”
Fastly’s new engineering innovations further strengthen its existing portfolio of live-streaming solutions and services. In addition to helping organisations deliver large-scale, low-latency streams, customers are able to make the most of real-time monitoring, capacity planning, and flexible deployment options.
Fastly’s Live Events offering now includes:
Accelerated by the COVID-19 pandemic, the number of video-on-demand users is projected to be up by nearly 50 million at the end of this year. Fastly’s video-on-demand services now include:
“Fastly makes it easier for us to manage large numbers of concurrent users in a predictive way, lowering costs and better preparing us for crucial moments such as the La Voz program premier, the Veneno premier on Atresmedia Premium, and for national election debates,” said Head of Digital Media Solutions at Atresmedia Raquel Fernández. “Additionally, with Media Shield, we’ve been able to predict bandwidth needs more accurately and reduce the cost of access to origin by 60%.”
For more information about Fastly’s Live Events and video-on-demand solutions, visit: https://www.fastly.com/solutions/live-event-services and https://www.fastly.com/products/media-and-streaming/video-on-demand.
About Fastly
Fastly helps people stay better connected with the things they love. Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing our customers’ applications as close to their end-users as possible — at the edge of the internet. Fastly’s platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development with unmatched visibility and minimal latency, empowering developers to innovate with both performance and security. Fastly’s customers include many of the world’s most prominent companies, including Vimeo, Pinterest, The New York Times, and GitHub.
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Media Contact Elaine Greenbergpress@fastly.com
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Source: Fastly, Inc.