Zixi records significant growth in 2023
Zixi, provider of the Software-Defined Video Platform (SDVP), has announced record growth in 2023. The company’s annual recurring revenue from OTT customers grew 100% year over year with most utilising Zixi as a Service (ZaaS). Broadcaster customers grew by more than 30% and globally Zixi’s SDVP was used to broadcast more than 1.5 million live sporting events.
The company cites Fox Corporation and Estrella Media as representative examples of the company’s efforts and success in 2023. Fox deployed Zixi for the delivery of channels from its 190 local affiliates to its digital MVPD partners using the Zixi Broadcaster to ensure broadcast quality live video over IP and the Zen Master control plane for system management, automation, orchestration and advanced monitoring.
Estrella Media now delivers a wide range of programming including news and entertainment to dozens of locations with the advanced telemetry provided by Zen Master and error-free, ultra-low latency delivery is also enabled in its fleet of Harmonic devices. With a simple software update, Estrella Media was able to switch on Zixi and leverage its existing infrastructure as part of new IP-based workflows.
Zixi also saw growth of the Zixi Enabled Network ecosystem of partners, which was highlighted by Singular.live, Red5, Videon, MediaKind, Streann Media, XL8 and many others that standardised on Zixi for their service offerings. In addition, the Zixi Broadcaster and Zen Master, which are available in the AWS Marketplace, were added to the Azure Marketplace and GCP Marketplace for public and private sales.
In 2023, Zixi continued to innovate, particularly in energy efficiency and total cost of ownership (TCO). New capabilities of the SDVP, including ultra-low latency with unparalleled throughput, as well as compute and efficiency improvements, were introduced to extend Zixi’s ability to deliver the lowest TCO in the industry.
In the latest v17, the Zixi Broadcaster requires 80% less compute and 50% lower egress cost compared to open source and standards-based approaches, empowering organisations to maximise their resources, minimise expenses and deliver high-quality video content reliably.
ARM processers, including AWS Graviton 2/3, which are 50% of the cost and energy consumption of Linux, are also supported, with profound impact on the TCO of video streaming implementations. The superior efficiency eliminates the need for excessive virtual machines, leading to reduced infrastructure requirements and substantial cost savings enabling content creators and distributors to reach worldwide audiences, creating powerful acceleration of new content acquisition, business models and opportunities to reduce cost and generate revenue. These efficiency developments have the added benefit of being focused on sustainability and have led to a 70% reduction in carbon, which is an important goal of the company.
“2023 was a tremendous success by all accounts, as evidenced by our company growth, customer success, product innovation and industry recognition. At a scale and scope unparalleled in the market, we have made Zixi the only option to efficiently deploy large-scale IP distribution and contribution systems reliably and securely with innovation improvements that are focused on sustainability and lowering total cost of ownership,” said Gordon Brooks, CEO, Zixi. “In 2024 we look forward to working with our customers and partners to deliver live IP video with ultra-low latency, remotely with ease and cost savings.”