MOUNTAIN VIEW, Calif., Oct. 12, 2015 /PRNewswire/ -- Based on its recent analysis of the digital media solutions market, Frost & Sullivan recognizes Minerva Networks with the 2015 Latin America Frost & Sullivan Company of the Year Award. Minerva Networks has restored the excitement to pay TV subscribers' and operators' user experience (UX) with a modern, single platform solution for all content delivery needs. It helps operators evolve beyond the services enabled by their legacy set-top boxes (STBs) toward a more modern, personalized, over the top (OTT)-like UX. Using this platform, viewers can view content across a range of devices, including Internet protocol television (IPTV)-configured STBs, cable and hybrid STBs, smartphones and tablets, as well as streaming media products.
"By providing more flexibility, Minerva Network's digital media solutions help operators easily deliver a unified viewing experience that meets or exceeds third-party OTT solutions," said Frost & Sullivan Best Practices Analyst Benjamin Gresham. "This will allow pay TV operators to retain and expand both their pay TV and broadband services."
The Minerva Networks digital media portfolio includes the Minerva Back Office, Minerva 10 STBs, and Minerva Edge nodes. The Minerva Back Office was developed in response to viewers' desire for a comprehensive platform as well as operators' need for more control and increased monetization schemes. The Minerva Back Office delivers a full OTT STB experience with cloud-based management, and leverages the economic and performance benefits of cloud computing, such as scalability, application diversity and availability.
Minerva Networks operates like a systems integrator and tailors platforms to a client's specific business needs. The solution is normally licensed per device/household/account, and payments can be made annually or every month on a pay-as-you-go basis.
Meanwhile, the analytics in Minerva 10 present operators with more granular usage data, which helps identify new revenue streams and design unique content offerings. For users, it combines multiple devices into one unified UX and makes the same content viewable across devices. Minerva Networks customers' personalization schemes and parental controls also work consistently across all devices in a fluid and uninterrupted manner.
"Overall, Minerva Networks has developed a software-based platform that transforms STBs to fully functional, modern entertainment platforms that can potentially win back market shares from third-party devices," noted Gresham. "Nearly 290 operators worldwide and 2 million viewers recognize the value proposition of Minerva Network's digital media solution, and their trust bolsters the company's impressive brand equity."
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
About Minerva Networks
Minerva is a leading provider of service and subscriber management solutions for the delivery of pay television services. Over 290 operators worldwide have deployed Minerva's software platform to offer next-generation entertainment services to their subscribers.
For more information, please visit www.minervanetworks.com
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