Content delivery network (CDN) and video streaming solutions provider Broadpeak has announced strong results for 2017, with sales growing by 54%.
Attributing drivers for the growth, the company said that it was cashing in due to the response to the growing requirement for content delivery solutions that provide high QoE and cost efficiencies.
During the year, Broadpeak opened an expanded headquarters building in Cesson-Sevigne, France and also cut the ribbons on new bases in New Delhi and Tokyo as part of the company's strategy to expand into India and Japan, where it said over-the-top (OTT) video delivery is growing fast. In addition, Broadpeak has added an operations centre in Denver to better meet the needs of North American customers.
“As pay-TV operators and content providers look to deliver a superior experience on every screen, they need solutions that allow them to achieve this in the most efficient way possible,” remarked Broadpeak CEO Jacques Le Mancq. “The significant growth our company experienced is a testament to the technology innovations we provide in this area. Over the last year, we're proud to have signed 23 new customers, including several Tier 1 operators, across all corners of the world. This success would never be possible without our forward-thinking customers, partners, and employees, all of whom are focused on advancing video content delivery and providing world-class video experiences to consumers.”