SeaChange International Inc. (SEAC) stock rises during current market trading. Here’s to know why?

0
573

SeaChange International Inc. (NASDAQ: SEAC) stock gains by 3.77% in the current market trading. SeaChange International is a well-known provider of streaming video services, cable television broadcast platforms, and sophisticated ad insertion technologies. The firm works with operators, broadcasters, and content owners all around the world to assist them provide customers with the best possible video experience.

>> 7 Top Picks for the Post-Pandemic Economy << 

SEAC stock, Significant Development

SeaChange International has deepened its long-standing partnership with Amazon Web Services (AWS) to allow improved data analytics on top of its cloud-based video distribution technology, which has been fully transferred.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…

Sponsored

Read More

SeaChange is utilizing AWS’ artificial intelligence (AI) and machine learning (ML) capabilities to allow a deep knowledge of end-user engagement and better client business outcomes, building on cooperation that began in 2016. Customers of SeaChange will be able to quickly implement ML use cases such as predictive maintenance, computer vision, and forecasting consumer behavior using Amazon SageMaker.

Official Statements                           

Ben Berner, CEO, Screen iL stated that last week, they launched Screen iL which is a worldwide streaming service that provides premium Israeli content to customers all over the globe via all connected devices, due to SeaChange’s StreamVid technology. Outside Israel, Screen iL is the only authorized aggregator of Israeli programming that mixes live and time-shift television with a large video-on-demand library.

SeaChange maintains its whole cloud-based infrastructure and assures the service’s needed scale, allowing them to pursue their ambitious goals to rapidly expand their subscriber base. Furthermore, the platform offers them comprehensive data on consumption and viewing trends, allowing them to run tailored campaigns to increase engagement and reduce churn.

>> 7 Top Picks for the Post-Pandemic Economy << 

Ankur Mehrotra, Director, Vertical AI Services, at AWS, stated,

Customers of SeaChange may use Amazon Personalize to provide a variety of personalized experiences, including channel lineup use, VOD catalog engagement, and promotion effectiveness. They’re excited to partner with SeaChange to help companies of all sizes benefit from machine learning-powered personalization.

LEAVE A REPLY

Please enter your comment!
Please enter your name here