One year after launch, a SaaS offering that keeps its promises

18 Jan 2023 18:31 CET

• An established technological offering enriched with new applications
• Five awards at major industry events
• First customer listings
• Ramp-up planned in 2023

• Cesson-Sévigné (France), 18 January 2023

  Broadpeak (ISIN: FR001400AJZ7 – Ticker: ALBPK), a leading provider of video streaming software solutions, is reporting a highly positive performance by its SaaS (Software as a Service) solution offering a year after launch, with major milestones reached in the last few months. The innovative value proposal of the offering has been recognised by several awards; the offering has been enhanced with the integration of new applications; and the initial customer listings have demonstrated that it comprehensively meets the needs of the market.

  Available since January 18, 2022, the broadpeak.io platform, accessible in cloud mode on a monthly subscription basis, provides access to a catalogue of turnkey applications. The catalogue has been regularly enhanced over the past year with the roll-out of content replacement modules, virtual channels and dynamic ad insertion. The majority of the applications developed by the Group will be made available on the platform by the end of 2023.

  The content replacement application was selected by several video service providers for the Football World Cup in Qatar. The South American firm GTD and the Icelandic company Siminn chose broadpeak.io to manage broadcasting rights during the event.

  Perfect fit with OTT platforms and new media

  The flexibility of the SaaS format now makes it possible to address the rapidly growing customer base of OTT platforms and new media (including social networks and sports leagues), as many of them lack the in-house infrastructure and technical teams necessary for streaming.

  The innovation underpinning Broadpeak's SaaS offering garnered multiple awards in 2022. broadpeak.io was named “Product of the Year” at the NAB show in Las Vegas and won the “Best of Show TV” and “CSI” awards at the International Broadcasting Convention in Amsterdam, along with a Digital Media World Gold Award in the streaming category. 

  The Group intends to build on these breakthroughs this year by ramping up the marketing of the offering, with a view to boosting the share of recurring revenue in the Group's total business activity.

  Consistent with the business plan presented at the time of the IPO, this share, which includes both SaaS and maintenance revenues, should reach 40% of Broadpeak's revenue by 2026, double that in 2021.

   

  Upcoming events:

• 2022 full-year revenue: 1 March 2023, after market close
• 2022 Annual Results: 27 April 2023, after market closee

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  CONTACTS

  BROADPEAK	FINANCIAL COMMUNICATION	FINANCIAL / CORPORATE PRESS
  Investors@broadpeak.tv	broadpeak@actifin.fr	mjordan@actifin.fr
  + 33(0)2 22 74 03 50	+ 33(0)1 56 88 11 25	+ 33(0)1 56 88 11 26

   

   

   

  Broadpeak, S.A. - Zone des champs blancs, 15 rue Claude Chappe, 35 510 Cesson-Sévigné, France

  VAT Number FR49 524 473 063 – SIREN 524 473 063 00054

  avec un capital social de 249 928 Euros

  Tel: +33 (0)2 22 74 03 50

  www.broadpeak.tv