{"id":457357,"date":"2021-03-15T07:33:10","date_gmt":"2021-03-15T11:33:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457357"},"modified":"2021-03-15T07:33:10","modified_gmt":"2021-03-15T11:33:10","slug":"seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/","title":{"rendered":"SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Company to Present OTT Streaming Technologies and Host Q&amp;A Session on Thursday, March 18 at 1 PM ET<\/em><br \/>\n        \n      <\/p>\n<p>WALTHAM, Mass., March  15, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xoplMpSo1FM3mSsjhn1_lj3R9RJDvSjE9J9QBPB6GP6YWvhPIYQXIrYx7ff2f10YvXqk4Ddkc6D-BNB7jtnIJiCIcUYP-8wk3wTLajwnonE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>SeaChange International, Inc.<\/strong><\/a><strong> (NASDAQ: SEAC)<\/strong>, a leading provider of video delivery platforms, today reported that its recent operational progress on strategic initiatives has placed the Company in a stronger position for fiscal 2022.<\/p>\n<p>\n        <strong>Recent Operational Progress and Strategic Initiatives<\/strong><br \/>\n        <br \/>Under the leadership of Robert Pons, who was appointed Executive Chairman on January 13, 2021, the Company has implemented several strategic initiatives that have created a more focused and capable organization. The initiatives have also enhanced SeaChange\u2019s technology platform and go-to-market approach to better align with the worldwide explosive growth in over-the-top (OTT) streaming services demand during the pandemic.<\/p>\n<p>SeaChange\u2019s strategic initiatives have included:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:6pt\">\n          <strong>Enhancing the Company\u2019s go-to-market strategy <\/strong>to position SeaChange as the leading enabler of video streaming services to cable companies and content owners globally<\/li>\n<li style=\"margin-bottom:6pt\">\n          <strong>Refining the Company\u2019s business model<\/strong> to more effectively monetize the value of SeaChange\u2019s software and services and drive a greater return on investment for the Company\u2019s customers<\/li>\n<li>\n          <strong>Strengthening the team <\/strong>with key appointments, including technology veteran <a href=\"https:\/\/www.seachange.com\/investors\/news-events\/press-releases\/detail\/448\/seachange-international-appoints-veteran-technology\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Matthew Stecker<\/a> to the board of directors, and the promotion of Christoph Klimmer to SVP of Global Sales and Marketing<\/li>\n<\/ul>\n<p>\u201cWhile we are still in the early phases of our new strategic roadmap, these initiatives have already produced encouraging results, including a customer-centric sales motion that has deepened and expanded customer engagements,\u201d said Pons. \u201cWe are now positioned to enable a customer\u2019s OTT streaming service with a full suite of offerings, including advanced analytics to report business KPIs, monetization tools such as an advertising insertion technology and a client application that reaches end users to all major device platforms. Longer term, we believe the execution of our strategic roadmap will enable us to drive scale, capture market share, and create even greater value for both our customers and shareholders.\u201d<\/p>\n<p>\n        <strong>SeaChange\u2019s Expansive Technology Platform Enabling Streaming Services for Leading Cable Companies<\/strong><br \/>\n        <br \/>With more than $250 million previously invested in SeaChange\u2019s technology platform, the Company\u2019s innovative software solutions are empowering cable companies like Grupo TVCable as well as content owners such as Westcoast Digital Services to seamlessly manage, deliver, and monetize their content.<\/p>\n<p>\u201cToday, more than <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AUZprf3riD9JBBZjvzm2699CQFXK9qzjHuCzdrvJqANmvoZmLrt1_iDkIHRmE7yeNRfCAZOW40Ib0jc_rRbZsoN3hGVZ4V5ir3UVuMA86Ck=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">80 customers<\/a> globally rely on SeaChange\u2019s software solutions and professional services to orchestrate the delivery of content to all screens and devices,\u201d said Klimmer. \u201cIn addition to dynamic content delivery and management requirements, we are seeing a growing need across the industry for technologies like our analytics engine to generate valuable and actionable insights to optimize end user retention and monetization.\u201d<\/p>\n<p>\u201cThe increasing value our technology is providing to leading cable operators and content owners demonstrates SeaChange\u2019s elevated value proposition and critical role in the industry. As an enabling technology, SeaChange effectively serves as a conduit to facilitate the delivery of video content to end users globally. This favorable positioning squarely aligns SeaChange with the strong secular tailwinds in the growing, multi-billion-dollar video streaming market,\u201d added Klimmer.<\/p>\n<p>In calendar 2020, SeaChange deployed comprehensive technology solutions for cable companies and content owners like Westcoast Digital Services. SeaChange\u2019s technology enabled Westcoast Digital Services to launch a device-agnostic, direct-to-consumer video-on-demand service with premium content from all major studios under the brand, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=T3HSSTUwTvR_m3NxgzNdwc6LS1jDg3xCdpG8ipNKIIDKOPbSSfOeKS_7ix0pIkTWYlaxQl1l1xno0P5Ajh7fPg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">wevu<sup>TM<\/sup><\/a>. Richard Corps, co-founder and CEO of Westcoast Digital Services, commented: \u201cSeaChange\u2019s solution supports our unique business model of selling redeemable movie cards for digital movies in Tesco retail stores, that are available to stream on all devices. Our partnership with SeaChange has equipped us with an all-encompassing end-to-end solution, from content processing, user management, monetization and payment to the end user-facing client apps.\u201d<\/p>\n<p>As the industry evolves, SeaChange adapts to technological advances by providing customers like Grupo TVCable an easy transition to new ways of business. Ronald Spina, Commercial Director at Grupo TVCable, said: \u201cWith the support of the SeaChange solution, Grupo TVCable has successfully launched Xtrim, our OTT video service. SeaChange has fully equipped our team with a platform that integrates everything from content processing, user management, monetization, and payment to end-user-facing client applications. Our relationship with SeaChange has allowed us to build and grow our business model by providing our Pay TV service customers with an OTT option and access to premium content on any device, anywhere within the Ecuadorian region.\u201d<\/p>\n<p>SeaChange plans to report its financial results for the fourth quarter and fiscal year ended January 31, 2021, in April. The conference call details will be announced approximately one week prior to the call.<\/p>\n<p>\n        <strong>OTT Streaming Technology Demonstration <\/strong><br \/>\n        <br \/>SeaChange will host a webinar to demonstrate the depth and breadth of its technology platform on Thursday, March 18 at 1:00 p.m. Eastern time (10:00 a.m. Pacific time). The demonstration will be followed by a question-and-answer session hosted by Executive Chairman Robert Pons, CFO Michael Prinn, and SVP of Global Sales and Marketing Christoph Klimmer.<\/p>\n<p>All are invited to listen to the event by registering <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3hQt682K_OuTT8AiwF45EUTBS2frWdymIM2j0vVRqOGGAjceYVqeD6ZpHa13c9EZpyFN71ANDKOf503TT00R-apAJI-Rb9vPzSW3okR_GQV9BO8f2uIfihtDXeo5e94W\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">here<\/a>. A replay of the webinar will be available in the investor relations section of SeaChange\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=adsdSJZGDEXDoidi4jQCqYpUEflXYR1P--m5XLr9gZaRfpEAHoby_6n55AKZdOw_t5xxq_IVH7a149BFqfI2Qa569coPvbv9UNbH6k52z7o=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">website<\/a>.<\/p>\n<p>\n        <strong>About SeaChange International, Inc.<\/strong><br \/>\n        <br \/>SeaChange International (NASDAQ: SEAC) powers hundreds of cloud and on-premises platforms with live TV and video on demand (VOD) for millions of end users worldwide. SeaChange&#8217;s end-to-end solution enables operators and content owners to cost-effectively launch a direct-to-consumer video service to manage, curate and monetize their linear and on demand content across all major device platforms such as Smart-TVs, mobile devices, and Set-Top-Boxes. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NuV1wzfRhUUg5lE7L7_SDwF_x3f_fy-6mrOaPLaZT4ChMzQLivMkkBSCEVPBQ1foZisV-T1Jvsl0AxbeNoPuGA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.seachange.com<\/a>.<\/p>\n<p>\n        <strong>SeaChange Contact:<\/strong><br \/>\n        <br \/>Matt Glover<br \/>Gateway Investor Relations<br \/>949-574-3860<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tYtm0tyyJWzySnaegFGPltz9GViYVOiMDAZcVylupk5UL75mAzl19tLIge8u3z031GRcA_shsiPFTrEzFdPq4NRf2xruBrOtkx1evvirc9k=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">SEAC@gatewayir.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTY0MSM0MDYyOTkxIzIwMjc5MDE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/3c1cd4fa-ea81-45b5-bd8b-64ec56eca74a\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company to Present OTT Streaming Technologies and Host Q&amp;A Session on Thursday, March 18 at 1 PM ET WALTHAM, Mass., March 15, 2021 (GLOBE NEWSWIRE) &#8212; SeaChange International, Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, today reported that its recent operational progress on strategic initiatives has placed the Company in a stronger position for fiscal 2022. Recent Operational Progress and Strategic Initiatives Under the leadership of Robert Pons, who was appointed Executive Chairman on January 13, 2021, the Company has implemented several strategic initiatives that have created a more focused and capable organization. The initiatives have also enhanced SeaChange\u2019s technology platform and go-to-market approach to better align with the worldwide explosive growth in over-the-top (OTT) streaming services &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457357","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company to Present OTT Streaming Technologies and Host Q&amp;A Session on Thursday, March 18 at 1 PM ET WALTHAM, Mass., March 15, 2021 (GLOBE NEWSWIRE) &#8212; SeaChange International, Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, today reported that its recent operational progress on strategic initiatives has placed the Company in a stronger position for fiscal 2022. Recent Operational Progress and Strategic Initiatives Under the leadership of Robert Pons, who was appointed Executive Chairman on January 13, 2021, the Company has implemented several strategic initiatives that have created a more focused and capable organization. The initiatives have also enhanced SeaChange\u2019s technology platform and go-to-market approach to better align with the worldwide explosive growth in over-the-top (OTT) streaming services &hellip; Continue reading &quot;SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T11:33:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTY0MSM0MDYyOTkxIzIwMjc5MDE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022\",\"datePublished\":\"2021-03-15T11:33:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\\\/\"},\"wordCount\":938,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4OTY0MSM0MDYyOTkxIzIwMjc5MDE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\\\/\",\"name\":\"SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022 - 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(NASDAQ: SEAC), a leading provider of video delivery platforms, today reported that its recent operational progress on strategic initiatives has placed the Company in a stronger position for fiscal 2022. Recent Operational Progress and Strategic Initiatives Under the leadership of Robert Pons, who was appointed Executive Chairman on January 13, 2021, the Company has implemented several strategic initiatives that have created a more focused and capable organization. The initiatives have also enhanced SeaChange\u2019s technology platform and go-to-market approach to better align with the worldwide explosive growth in over-the-top (OTT) streaming services &hellip; Continue reading \"SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-15T11:33:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTY0MSM0MDYyOTkxIzIwMjc5MDE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022","datePublished":"2021-03-15T11:33:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/"},"wordCount":938,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTY0MSM0MDYyOTkxIzIwMjc5MDE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/seachange-internationals-strategic-roadmap-and-operational-progress-strengthens-companys-position-for-fiscal-2022\/","name":"SeaChange International\u2019s Strategic Roadmap and Operational Progress Strengthens Company\u2019s Position for Fiscal 2022 - 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