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Amagi on an upward trajectory: records 18% growth Q-o-Q adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Amagi records 18% quarterly growth rapidtvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rapidtvnews.com Daily Mail and Mail on Sunday newspapers.
Demand for Ad-Free Streaming Tech Boosts Amagi Revenues tvtechnology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvtechnology.com Daily Mail and Mail on Sunday newspapers.
| 10 May 2021 Cloud-based technology provider Amagi has announced a record increase in annual revenue and other key growth indicators for the fiscal year ending 31 March. The company saw growth in the areas of channel creation, distribution and monetisation, enabling customers to extend distribution and earn advertising revenue while saving up to 40% in cost of operations compared with traditional delivery models. Amagi had 136% annual revenue growth, a 44% increase in customers, and a 60% increase in workforce in the US, UK and India to support strong customer growth. Baskar Subramanian, co-founder and CEO, Amagi, said: “Two big trends in the industry are driving growth for Amagi. First, traditional broadcast TV networks are transitioning to cloud much faster now as multi-dimensional challenges brought forward by the pandemic have put the inherent advantages of virtualisation in the spotlight. ....
Amagi logs 136% revenue growth as cloud solutions demand surge By ANI| Posted by Mansoor | Published: 7th May 2021 8:44 pm IST Representative Image Bengaluru: Amagi, a leader in software-as-a-service (SaaS) for broadcast and streaming TV on the cloud, on Friday announced a record 136 per cent increase in annual revenue growth for the fiscal year ending March 31. The US region continues to be the largest market for Amagi’s SaaS platform, contributing nearly 70 per cent of the its revenue, the company said in a statement. The company witnessed 44 per cent increase in customers and 5-10 times growth in ad impressions among top customers. ....