Beamr teams with NVIDIA to accelerate Beamr technology on NVIDIA GPUs

Beamr Imaging Ltd.

Herzeliya, Israel, March 27, 2023 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (Nasdaq: BMR) Today, Beamr is saying that its video encoding technology, which allows important discount in video bitrate whereas sustaining visible high quality, formally helps NVIDIA GPU acceleration, providing up to 10x quicker encoding velocity on NVIDIA GPUs in contrast to CPUs.

Beamr’s optimization was beforehand required to be run offline for a complete content material library to profit from massive video file measurement discount earlier than having the ability to stream it. Businesses working Beamr on NVIDIA GPUs can now profit in actual time from storage and bitrate beneficial properties for dwell video streams, preserving high quality for optimum person expertise.

Beamr on NVIDIA GPU helps AVC, HEVC and royalty-free AV1, spanning throughout the three main video codec requirements accessible on the market, serving all wants up to 8K HDR high quality. NVIDIA GPUs can be found on all main cloud platforms.

“Working carefully with NVIDIA for the previous two years, we’re thrilled to provide a real-time video optimization resolution that delivers up to 10x efficiency at an inexpensive price. With our current NASDAQ introduction, we plan to develop a cloud-based Software-as-a-Service (SaaS) with extremely aggressive pricing, making video optimization accessible to everybody at blazing velocity thanks to our collaboration with NVIDIA,” mentioned Sharon Carmel, Founder and CEO of Beamr.

“NVIDIA has supplied GPU-accelerated video encoding technology for over a decade, and now we’re opening our API to enable extra customized management of our {hardware},” mentioned Bob Pette, vice chairman {of professional} visualization at NVIDIA. “Beamr is the primary to undertake this technology, and mixing high-performance NVIDIA GPU video encoding with Beamr’s technology will present content material suppliers with important bitrate and storage discount with out compromising on livestreaming high quality.”

50 enterprise prospects are already utilizing the Beamr platform. The firm expects the launch of its new SaaS service, with beta deliberate in Q3 2023, to appeal to a lot of new prospects.

About Beamr
Beamr (Nasdaq: BMR) is 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, Beamr’s perceptual optimization technology allows up to a 50% discount in bitrate with assured high quality. www.beamr.com

Forward-Looking Statements

This press launch incorporates “forward-looking statements” which are topic to substantial dangers and uncertainties. All statements, aside from statements of historic truth, contained on this press launch are forward-looking statements. Forward-looking statements contained on this press launch could also be recognized by means of phrases corresponding to “anticipate,” “consider,” “ponder,” “may,” “estimate,” “count on,” “intend,” “search,” “could,” “would possibly,” “plan,” “potential,” “predict,” “venture,” “goal,” “intention,” “ought to,” “will” “would,” or the detrimental of those phrases or different related expressions, though not all forward-looking statements include these phrases. Forward-looking statements are primarily based on the Company’s present expectations and are topic to inherent uncertainties, dangers and assumptions which are troublesome to predict. Further, sure forward-looking statements are primarily based on assumptions as to future occasions that will not show to be correct. For a extra detailed description of the dangers and uncertainties affecting the Company, reference is made to the Company’s studies filed from time to time with the Securities and Exchange Commission (“SEC”), together with, however not restricted to, the dangers detailed within the Company’s last prospectus (Registration No. 333-262904), dated February 27, 2023 and filed with the SEC. Forward-looking statements contained on this announcement are made as of the date hereof and the Company undertakes no obligation to replace such info besides as required beneath relevant legislation.

Investor Contact:
Danny Sandler, Chief Financial Officer
[email protected]

https://finance.yahoo.com/information/beamr-teams-nvidia-accelerate-beamr-120000721.html

Recommended For You

Leave a Reply