New video production study uncovers cloud native cost efficiencies over lift-and-shift cloud
LONDON, Jan. 18, 2023 /PRNewswire/ -- Blackbird plc (AIM:BIRD; OTCQX:BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird, and leading research consultancy, Caretta Research, announce the launch of a new video industry study – 'Going native: production in the cloud'.
The rapid adoption of cloud-based media production workflows for remote working and collaboration during the Covid-19 pandemic has led to the proliferation of higher costs and inefficient workflows. That is one of the headline findings of a new study by Caretta Research, in partnership with Blackbird, which also identifies how a more transformational approach to cloud-native workflows can unlock a new era of cost effective multi-platform operations.
The study, Going native: production in the cloud, also finds that the rush to cloud and remote working has too often been tactical, involving the lift-and-shift of legacy tools and workflows.
While this is enabling short-term operational benefits, and kept the industry working during the pandemic it has frequently led to media operations missing out on the true potential of cloud-enabled live and post-production.
Key areas of increased cost and inefficiencies from lift-and-shift cloud identified in the report include:
However, in the next step of transformation, a new generation of flexible and collaborative cloud-native technology is being deployed. Camera-to-cloud workflows are bringing tools and creative users to the content rather than requiring the content to be moved around to the users. Live and post-production for TV, streaming and multiple digital endpoints are delivered by internal and external users able to access a single source of content and shared tools.
The new report builds on industry research conducted by Caretta Research with Blackbird, which found that, desite 90% of video users adopting cloud production and remote editing, most of this is still being carried out using old-school inefficient and insecure workflows — with 65% of users moving original high-res media files around the internet to support remote editing workflows, and only 27% of remote editors making use of a cloud-native browser-based production platform like Blackbird.
Robert Ambrose, Caretta Research's Co-Founder and Managing Director, who conducted the research said: "It's clear from our extensive conversations with production operations and technology leaders that we're at the start of the next big transition: from remote lift and shift cloud production to cloud-native production. We expect to see more and more content going directly from cameras to the cloud, and both live and post-production happening there. That not only creates efficiencies, but it's an imperative for handling fast-turnaround content efficiently for multiple platforms."
Blackbird plc CEO, Ian McDonough, added: "We believe the clear direction of travel for media supply chains is from on premise to cloud. However, the pace of change is sometimes hindered by industry perceptions of latency, limited functionality and high cost. The term bill shock has become more familiar to some media companies in the last few years. The beauty of cloud native systems, like Blackbird, is that the user is able to perform advanced editing functions at up to four times the speed of an on premise system and at a Total Cost of Ownership of 35% less than lift and shift alternatives. As the future looks to be cloud, it needs to be cloud native."
Download the full findings here: https://www.carettaresearch.com/downloads/cloud-native
About Blackbird plc
Blackbird plc operates in the fast-growing SaaS and cloud video market. It has created Blackbird®, the world's most advanced suite of cloud-native computing applications for video, all underpinned by its lightning-fast codec. Blackbird plc's patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud. Blackbird® enables multiple applications, which are used by rights holders, broadcasters, sports and news video specialists, esports, live events and content owners, post-production houses, other mass market digital video channels and corporations.
Since it is cloud-native, Blackbird® removes the need for costly, high end workstations and can be used from almost anywhere on almost any device. It also allows full visibility on multi-location digital content, improves time to market for live content such as video clips and highlights for digital distribution, and ultimately results in much more effective monetisation.
Blackbird plc is a licensor of its core video technology under its 'Powered by Blackbird' licensing model. Enabling video companies to accelerate their path to true cloud business models, licensees benefit from power and carbon reductions, cost and time savings, less hardware and bandwidth requirements and easy scalability.
About Caretta Research
Caretta Research is helping broadcast and media technology buyers and suppliers make better technology decisions by using real information. Caratta Portal is the industry's leading source of market data — based on our decades of experience, continuous hands-on research and an extensive network of technology buyers and decision-makers. We help vendors understand and target their potential market, and help buyers identify the most-suitable solutions—saving time, reducing risk and lowering costs.
To learn more visit www.carettaresearch.com
SOURCE Blackbird plc
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