(CercleFinance.com) – Broadpeak, a designer of software dedicated to video streaming, gave Friday a “very positive” assessment of its so-called “SaaS” offer (software as a service), a little over a year after its launch.
The company points out that its solution has passed important milestones in recent months, the integration of new applications and the signing of the first references having validated its adequacy with the needs of the market.
Available since January 18, 2022, the broadpeak.io platform, accessible in ‘cloud’ mode on the basis of a monthly subscription, provides access to a catalog of turnkey applications.
These are, in particular, content replacement modules (Content replacement), creation of virtual channels (Virtual channel) and insertion of targeted advertising (Dynamic ad insertion).
In its press release, Broadpeak points out that its content replacement application was selected by several video service providers during the FIFA World Cup in Qatar.
In view of these advances deemed ‘encouraging’, the group says it anticipates a commercial ramp-up this year, with the activity combining both SaaS offer revenue and maintenance revenue expected to reach 40% of the turnover. business by 2026, i.e. a doubling compared to 2021.
Listed on the Paris Stock Exchange, Broadpeak shares fell 2.6% after these announcements. The title has lost more than 18% of its value since its IPO last June.