HLIT Enhances Video Streaming Technology With New Origin Capabilities

Core Insights - Harmonic Inc. has introduced significant advancements in video streaming technology, particularly through new origin capabilities that enhance efficiency and reduce operational costs for service providers and broadcasters [1][6]. Product Innovations - The new features are part of the Video Origin Software (VOS) family and the XOS Advanced Media Processor, aimed at optimizing video processing and delivery [1][2]. - Harmonic's VOS family includes various software and SaaS solutions designed to streamline video production and delivery workflows over cloud infrastructure [2][3]. - The hybrid origin solution combines cloud and on-premises storage, allowing for efficient management of video assets by storing less frequently accessed content in the cloud while keeping fresh content on-premises [4][5]. Operational Efficiency - The VOS360 cloud media processing SaaS simplifies media delivery for premium video streaming, while the built-in user interface allows for seamless playlist monitoring and automated channel delivery [3][5]. - The integration of live and time-shift origin capabilities into the XOS Advanced Media Processor enables broadcasters to stream live content directly to content delivery networks, reducing operational complexity and hardware costs [6]. Financial Outlook - The recent upgrades are expected to generate incremental demand for Harmonic's solutions, potentially leading to higher revenues and improved financial performance, which may positively impact the stock [7]. - Despite these advancements, Harmonic's stock has seen a decline of 16.1% over the past year, contrasting with the industry's growth of 34.9% [8].