QualityStocks.net News – Concurrent (CCUR) Launches RTP2000 for Latest TV Technology

We would like to highlight Concurrent (Nasdaq: CCUR). The company is a leading provider of high-performance, real-time Linux software and solutions for commercial and government markets. For over 40 years, Concurrent's best-of-breed products have enabled a range of time-critical solutions including: modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television. Concurrent's on-demand television applications are utilized by major service providers in the cable and IPTV industries to deliver video-on-demand (VOD).

In the company’s recent news,

Concurrent has rolled out the latest advancement in time-shifted television - an advancement that has captured the interest of cable network operators like Time Warner Cable and Brighthouse Networks. Concurrent provides real-time, Linux-based computing technologies for commercial and government markets, spanning the cable and telecommunications, defense and aerospace, automotive manufacturers and financial industries. Its modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television are applicable to cable and IPTV companies to deliver video-on-demand (VOD).

The announced Real Time Pitcher 2000 (RTP2000) uses resilient real-time content distribution to ensure no video is lost because of network or component failures. RTP2000 converts information sent from a single point and “pitches” the video content to video servers, then to the end user. RTP2000 has attracted major cable operators that use Concurrent equipment and software because of its real-time content distribution and high session success rates.

“With 65 percent market-share in cable systems offering Start Over, Concurrent is the clear industry leader in time-shifted television technology,” Dan Mondor, Concurrent president and CEO stated in the press release. “With the launch of the RTP2000, we are once again demonstrating our innovation and leadership in advanced on-demand applications.”

“When we launched Start Over in our Tampa division in January, we partnered with Concurrent specifically because of its superiority in time-shifted television technology. From the very beginning, we have always planned to build Start Over as a fully resilient service. Now with the launch of the RTP2000, we can further enhance our customer experience by ensuring no loss of Start Over content when any component fails,” Jeff Chen, senior vice president of advanced technology for Bright House Network stated in the press release.

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