Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Axle AI Becomes the Leading Independent Software for Remote Media Search

% of readers think this story is Fact. Add your two cents.


Major industry shift as longtime competitor Square Box Systems (CatDV) is acquired by Quantum (NASDAQ: QMCO).

Boston, MA – USA | December 15, 2020 – Upstart axle ai is now the leader in storage-agnostic media search software, after Quantum Corporation’s announcement yesterday (https://www.sportsvideo.org/2020/12/14/quantum-acquires-square-box-systems-makers-of-catdv-in-mega-mam-deal/) that they have acquired industry veteran Square Box Systems, developers of CatDV MAM software. Founded in 2012, axle’s mission has always been to provide radically simple, affordable media search software that works within standard web browsers and supports nearly any type of local and cloud storage. During 2020, the rapid adoption of remote work in the media space due to COVID-19 has meant rapid uptake of the company’s products, which have now been deployed at over 650 sites worldwide.

In addition, axle ai’s new SaaS pricing options, with bundles starting as low as $295 per month including HPE or Apple application server hardware, have brought on a new wave of adopters who are able to manage and search their high-resolution media via web browser for the first time. Cloud and hybrid cloud deployments of the software are also increasingly common, as the company’s Linux VM (virtual machine) version can be run in a number of cloud and private network environments.

Quantum’s acquisition of Square Box is part of a larger M&A trend in the Future of Work space for media, where two significant deals – Smartsheet acquiring Brandfolder for $155m, and Apple acquiring Spanish video search company Vilynx for a rumored $50m – occurred earlier this quarter.  Yet buttressed by its recent business successes, axle ai is committed to remaining independent.

In recent months, axle ai has announced a series of key partnerships with publicly-held storage vendors including NetApp, Dropbox and Infortrend, and privately-held vendors such as Qumulo, Spectralogic, Symply, Galileo Digital ACNC, and mLogic.  The company has also rolled out integrations with the three major video editing platforms – Adobe Premiere Pro, Avid Media Composer and Apple Final Cut Pro X.  Put together, it’s a formidable Future of Work ecosystem for the video industry.

Industry analyst Larry Jordan said: “axle.ai made its initial mark by providing easy to use, extensible and shareable media asset management (MAM) software for media creators. But, as the acquisition by Quantum makes clear, the market is far bigger than just M&E. The world tells stories using pictures. Every company in every industry is shifting to visual communications using digital images. As the numbers of visual images we need to label, track and share explode, companies like axle.ai become even more valuable and necessary.

axle ai’s growing list of hardware and software partnerships will no doubt be a strategic asset as it takes full advantage of the rapid rise of video collaboration (heightened by much more remote work during the COVID pandemic), increasingly powerful AI and ML technologies to search and manage that video, and the emergence of 5G and satellite networks that make high-speed connectivity more widely available.

The company’s platform consists of 3 core products:

* axle ai 2020.2, its flagship remote video search tool featuring browser access and integrations with leading video editing tools

* connectr.ai, its breakthrough workflow tool that lets teams create timesaving automations via drag-and-drop

* ascribe.ai, its integrated speech transcription product that makes large amounts of video searchable easily

“Yesterday’s announcement is an industry watershed”, said Sam Bogoch, CEO of axle ai. “It clearly demonstrates the relevance and strategic importance of video search and workflow automation, while demonstrating to both storage and application companies why they should have a strong and committed partner in this space going forward. We believe that we’re ideally positioned to be that partner.”

About axle ai:
axle ai, Inc. is the recognized leader in remote search software for video. Its Future of Work solutions have helped over 650 media organizations improve how they create, share and store digital video content with software that’s easy to install, use and afford. axle’s radically simple remote search, workflow automation and transcription uniquely addresses a burgeoning need and has caught on rapidly among video professionals in sports, post-production, education, broadcast, corporate, house of worship, non-profit, advertising-marketing, and government organizations worldwide. The company’s investors include Jason Calacanis and Quake Ventures.

More information at https://axle.ai.

Press & Media Contact:
Katy Scott
Axle AI, Inc.
+1 617-262-9222
[email protected]
https://axle.ai



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST


Order by Phone at 888-809-8385 or online at https://www.herbanomic.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.