Beamr Imaging Ltd. (NASDAQ: BMR) introduced as we speak that it has teamed up with Wochit as a design accomplice for its upcoming SaaS providing.
This partnership comes after a profitable check of Beamr’s video optimization expertise on Wochit’s not too long ago launched AI-based video creation device (wochit.ai). With this partnership, Wochit will profit from the storage and supply financial savings offered by Beamr’s video optimization platform, enabling extra environment friendly and cost-effective video creation for its purchasers. The integration of Beamr’s expertise into Wochit’s platform will even present customers with sooner finish to finish video supply, enabling them to create high-quality movies extra rapidly and simply.
“We are excited to accomplice with Beamr to convey the advantages of their video optimization expertise to our numerous video-creation options,” mentioned Dror Ginzberg, Co-Founder and CEO of Wochit. “The outcomes of our preliminary test-run considerably contributed to us having the ability to provide our prompt-to-video creator directly-to-consumers and without spending a dime. I consider this collaboration will additional proceed to show profitable as we combine Beamr’s expertise into further merchandise, enabling us to supply our purchasers much more worth by serving to them create high-quality movies extra effectively than ever earlier than.”
Beamr boasts a standing because the world chief in content material adaptive video options. “Backed by 53 granted patents, and winner of the 2021 Technology and Engineering Emmy® award and the 2021 Seagate Lyve Innovator of the Year award,” based on this morning’s information launch,
“Beamr’s perceptual optimization expertise permits as much as a 50% discount in bitrate with assured high quality.”
BMR shares docked 24.5 cents, or 12.5%, to $1.71.
http://www.baystreet.ca/articles/techinsider/86328/040323