Beamr is now powered by Oracle Cloud and available on the Oracle Cloud Marketplace
HERZLIYA, Israel, June 11, 2024 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. 
Basic MRa leader in video optimization technologies and solutions and a member of the Oracle PartnerNetwork (OPN), today announced that its Beamr Cloud solution is Powered by Expertise and available in the Oracle Cloud Marketplace. Enabled by NVIDIA accelerated computing, Beamr Cloud delivers efficient, AI-enabled video processing, providing added value to Oracle Cloud Infrastructure (OCI) customers.
Beamr Cloud provides customers with access to high-quality, fast, and scalable video optimization and transcoding with Beamr's patented and award-winning Content Adaptive Bitrate solution (CABR) enabled by NVIDIA Accelerated Computing. OCI combined with NVIDIA L40S GPUs delivers powerful AI computing with advanced graphics and media acceleration.
The L40S GPU features third-generation NVIDIA RTX-accelerated ray tracing technology with three encode and three decode engines. With the addition of AOMedia Video 1 (AV1) encoding, the L40S delivers 30% more efficient video encoding (compared to the same hardware and software encoding H.264 formats), delivering breakthrough performance and optimized total cost of ownership.
Customers will be able to convert their videos to the new AV1 video format. Video usage is growing exponentially, but most of today's videos are still based on 20 year old formats (AVC/H.264). Fast, automatic conversion to AV1 enables the modernization of large video libraries in markets such as AI, broadcast, streaming, and user generated content.
Oracle Cloud Marketplace is a one-stop shop for Oracle customers looking for trusted business applications and services that deliver unique solutions, including those that extend Oracle Fusion Cloud Applications.
“In the AI era, video usage is growing rapidly and there is a growing need to analyze video data to extract insights, label data, and monetize it. Beamr leverages Oracle Cloud and NVIDIA GPUs to provide a dual-efficiency solution that delivers high-quality, high-speed video compression and analytics,” said Sharon Karmel, CEO of Beamr. “Beamr's participation in the Oracle PartnerNetwork and achievement of Powered by Oracle Cloud Expertise further expands our commitment to the Oracle community, making it easier for customers to reap the benefits of Beamr Cloud. We look forward to leveraging the power of Oracle Cloud to help achieve our business goals.”
“The cloud represents a huge opportunity for our partner community,” said David Hicks, group vice president, worldwide ISV cloud business development, Oracle. “Beamr's commitment to innovation and quality execution with Oracle Cloud will provide our mutual customers with cloud-enabled, automated, and scalable video processing solutions that address their critical business needs.”
“High-quality video optimization and coding requires accelerated computing to keep users efficient and productive,” said Bob Pette, vice president of Enterprise Platforms at NVIDIA. “Using NVIDIA accelerated computing, Beamr enables customers to process video significantly faster and meet the demands of AI enterprises for unparalleled video compression.”
Powered by Oracle Cloud Expertise recognizes OPN members who deliver solutions that run on Oracle Cloud. For partners who have achieved Powered by Oracle Cloud Expertise, this achievement provides customers with confidence that their applications are supported by Oracle Cloud Infrastructure SLAs, with full access and control of cloud infrastructure services, and consistent performance.
About Beamr
beam Basic MR is a global leader in content-adaptive video solutions. With 53 patents and a 2021 Technology & Engineering Emmy Award and a 2021 Seagate Lyve Innovator of the Year Award, Beamr's perceptual optimization technology can reduce bitrates by up to 50% while ensuring quality. www.beamr.com
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle's partner program designed to help partners accelerate their journey to cloud and drive better customer business outcomes. The OPN program enables partners to engage with Oracle through tracks aligned with how they go to market: Cloud Build (for partners whose products and services are built on or integrated with Oracle Cloud), Cloud Sell (for partners who resell Oracle Cloud technologies), Cloud Service (for partners who implement, deploy, and manage Oracle Cloud Services), Oracle Industry Healthcare (for partners who offer off-the-shelf products and services built on Oracle Cloud and Oracle Health technologies), and License & Hardware (for partners who build, service, or sell Oracle software licenses or hardware products). Customers can work with OPN partners who have gained expertise in a product family or cloud service to accelerate their business goals. For more information, visit http://www.oracle.com/partnernetwork.
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Forward-Looking Statements
This press release contains “forward-looking statements” that involve significant risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements regarding Beamle's strategic and business plans, technologies, relationships, business objectives and expectations, the impact of and interest in trends on its business, intellectual property or products, and future results, operations, financial performance and condition. All statements contained in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “potential,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would” or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on our current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. In addition, certain forward-looking statements are based on assumptions about future events that may not prove to be accurate. For more information about risks and uncertainties affecting our company, please refer to our reports filed from time to time with the U.S. Securities and Exchange Commission (SEC). These include, but are not limited to, the risks detailed in the Company's Annual Report filed with the Securities and Exchange Commission (SEC) on March 4, 2024 and subsequent filings with the SEC. The forward-looking statements contained in this announcement speak only as of the date hereof, and the Company undertakes no obligation to update such information, except as required by applicable law.
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