Qumu Corporation has officially finalized its expansion efforts for the first financial quarter of 2022, cementing collaborations with customers across the United States, Asia-Pacific and EMEA.
“Qumu sees continued momentum with large enterprises deploying our video engagement platform. Leading organizations recognize that today’s environment requires reliable, flexible, secure and scalable video communications to help them accelerate their digital transformation efforts. It’s rewarding to be part of their video strategy in this new era of hybrid work,” CEO and president of Qumu, TJ Kennedy, said in a release.
Based in Minneapolis, the cloud and hybrid-based enterprise video technology solutions provider has recently climbed the ladder of recognition, securing deals with notable automaking, mobility, energy, and financial companies, including Kollective, BT, Socialive, LiveU and several others, a recent press release reveals.
“This last quarter represents our execution against our strategy around customers, product adoption and innovation and partners," Kennedy said. "We expect our strategy to gain momentum in future quarters as we continue to deliver the kinds of customer wins we experienced in the first quarter.”
During the first quarter of this year, Qumu also improved the abilities of its Video Engagement Platform, which spans the health care and manufacturing industries. One of the modifications made include the transition from on-prem to cloud, according to a press release.
In addition to signing an agreement with one of the United States’s largest automakers, the company has also recently contributed to asynchronous video deployments, which attracted nearly one million new users to the platform during the Q1 alone.