Organisations set to capitalise on opportunities in the media-telecom value chain
LONDON -Friday 14 September 2018 [ AETOS Wire ]
(BUSINESS
WIRE)-- IBC, the world’s most influential media, entertainment
& technology show, and TM Forum, the industry association
driving digital business transformation, have announced the launch of
five new Catalyst projects for 2019.
As
confirmed at the Digital Transformation World event earlier this year,
the two organisations are collaborating to extend the scope of TM
Forum’s Catalyst Program specifically to the media-telecoms ecosystem.
This will involve connecting with IBC’s expertise, heritage and media
relationships across the broadcasting, entertainment and technology
industries, which continue to converge.
Today’s
announcement further builds on this, with organisations across the
media-telecoms value chain now able to submit applications for five new
Catalyst projects to solve the challenges posed by the increasing
convergence between the media and telecommunications industries.
Catalysts are proof-of-concept projects developed collaboratively,
bringing together companies large and small to drive technical
innovation and create solutions to common challenges.
These
five new Catalyst projects will see broadcasters, operators, software
vendors and other suppliers across the telecoms and media industries
work together through the collaboration with IBC in order to quickly
capitalise on new opportunities in a rapidly evolving digital world.
Each Catalyst team will build a working proof-of-concept solution to a
specific industry challenge and the successful projects will be
showcased at IBC2019 and Digital Transformation World 2019.
Examples
of where these collaborations could focus include areas such as using
5G powered drones for enhancing the viewing experience during live
sporting events; utilising blockchain to support the media supply chain
in ways such as royalty tracking and collection; tackling piracy and the
unlawful use of unlicensed streaming boxes; and developing an open API
to securely and anonymously monitor advertising performance in digital
media. The brand new Telco and Media Innovation Forum at IBC2018 (13-18
September) will see leading players in the media-telecoms ecosystem come
together and kick-start discussions on proof-of-concept projects such
as these.
“IBC
is pleased to be able to help facilitate the convergence that we are
seeing throughout the industry,” said Michael Crimp, CEO, IBC. “With our
unique position within the media community, and now our collaboration
with the TM Forum, we are now fully equipped to facilitate long-term
solutions to the most vexing problems facing the telecoms and media
industries today.”
“Media
is an increasingly important sector for our global membership as the
boundaries between telecoms and media continue to blur,” said Nik
Willetts, CEO, TM Forum. “The digital age is changing the landscape for
creation, distribution and consumption of media, and we believe that
through industry collaboration we can drive a new wave of innovation and
growth. We’re delighted to collaborate with IBC, and to extend the
Catalyst model to explore the convergence of telecoms and broadcasting.”
The
development of the Catalyst program with IBC is part of TM Forum’s
commitment to extend its Catalyst model to vertical markets undergoing
digital transformation where the communications industry can play a
vital part.
Benefits of joining a Catalyst project include:
Multiplication of resources to accelerate R&D
Catalysts
serve as extensions to R&D departments, where resources are
pooled by participating organisations. With an R&D cycle
considerably faster than most in-house initiatives, innovation is
achieved faster, and at lower cost due to the sharing of resources and
effort. TM Forum manages each of these projects ensuring structured
programs are in place, adhered to by all participants.
Creativity from a multi-company team
Working
with some of the brightest minds from outside their own organisation
helps companies get fresh perspectives into their project.
Testing Platform
Participants
learn how the solution works with others in the industry in a hands-on
environment. Suppliers receive real requirements and valuable feedback
from the Catalyst ‘Champions’ and industry peers.
‘Trust’ - a safe place to innovate
Participants
can explore new concepts without needing to expend time and energy to
form commercial relationships - TM Forum takes care of contracts.
Notes to Editors:
For more information about IBC2018 visit: show.ibc.org
About IBC
IBC
is the world’s most influential media, entertainment and technology
show, attracting 57,000+ attendees from more than 170 countries and
combining a highly respected and peer-reviewed conference with an
exhibition that showcases 1,700+ leading industry suppliers of
state-of-the-art technology. In addition to the world-class exhibition
and conference, IBC also encompasses the IBC Daily, IBCTV and IBC365.
IBC365
provides year-round insight and opinion into the hot topics and key
trends from leading industry journalists, along with insightful
whitepapers, peer reviewed technical papers, highly engaging webinars
and an expansive video library.
IBC2018 Dates
Conference: 13 - 17 September 2018
Exhibition: 14 - 18 September 2018
For more information about IBC2018 visit: show.ibc.org/
About TM Forum
TM
Forum is an association of over 850 member companies that generate US$2
trillion in revenue and serve five billion customers across 180
countries. We drive collaboration and collective problem-solving to
maximize the business success of communication and digital service
providers and their ecosystem of suppliers around the world. Today, our
focus is on supporting members as they navigate their unique digital
transformation journeys, providing practical and proven assets and tools
to accelerate execution and platforms to facilitate collaborative
problem solving and innovation. Learn more at www.tmforum.org.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180912006082/en/
Contacts
Liberty Communications for IBC
James Meredith
Senior Account Director
Liberty
UK: +44 207 751 4444
jmeredith@libertycomms.com
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