Tel-Aviv, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Beamr, a leader in video optimization technology, is excited to announce its latest beta service, which is now powered by NVIDIA NVENC, coupled with Beamr’s Content Adaptive Bitrate (CABR) technology, offering accelerated storage optimization at scale.

“Today we are releasing the third Beta of our service, which now uses Beamr CABR combined with NVIDIA NVENC acceleration on Amazon Web Services (AWS). We are moving rapidly towards a commercial release of our service in Q1 2024,” said Sharon Carmel, Founder and CEO of Beamr.

Since its IPO, Beamr has moved from completion of its technology’s integration with NVIDIA GPUs to availability of its solution on AWS in 6 months. This third Beta version has a new user interface for manual video optimization, an API for large-scale automation, and support for NVIDIA GPUs for large-scale, cost-effective automation at high speed on AWS.

“The combination of high-performance NVIDIA NVENC with Beamr's CABR technology offers businesses with large video repositories a compelling solution for reducing storage requirements without compromising video quality, at scale,” said Sepi Motamedi, Global Broadcast Industry Strategy and Marketing Lead at NVIDIA.

Beamr is committed to democratizing video optimization and making it available to everyone at low cost. Today, Beamr is unveiling its pricing plan for the launch of the Beamr SaaS platform. Users can process video content at the incredibly competitive rate of only $0.05 for each GB processed. Beamr believes this pricing model ensures affordability and flexibility for content providers of all sizes.

Beamr customers can anticipate substantial savings, with an average of a 30% reduction in storage and networking costs, all while benefiting from highly affordable processing rates. To further enhance the customer experience, Beamr has introduced a savings calculator tool, empowering users to forecast their storage and networking savings accurately.

To celebrate the launch of the beta service, Beamr is pleased to offer an exclusive 100GB free program, allowing users to experience the power of NVIDIA NVENC and Beamr CABR firsthand. Sign up today at https://cloud.beamr.com and get access to the 100GB free program to experience the future of video optimization at scale.

This is an illustration of the Beamr SaaS Dashboard

About Beamr

Beamr (Nasdaq: BMR) is a world leader in content adaptive video solutions. Backed by 53 granted patents, and winner of the 2021 Technology and Engineering Emmy® award and the 2021 Seagate Lyve Innovator of the Year award, Beamr's perceptual optimization technology enables up to a 50% reduction in bitrate with guaranteed quality. www.beamr.com

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