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Redge Technologies expands in LATAM with Lotier
Video Technology outfit and OTT provider, Redge Technologies has teamed up with the business development company specialising in media and telecommunications, Lotier, in LATAM.
The partnership sees Redge Media OTT platform enter the Latin America markets, following the company’s global expansion plans.
According to the company, Redge Media is an end-to-end OTT solution that is both highly scalable and modular. Its customers can advantage from optimising the entire technology chain, reducing project risks and costs for live and on-demand content. It delivers the best-in-class UX for connected TVs, mobiles, PCs and game consoles. The product has been utilised by leading broadcasters, telcos, pay-TV operators and media groups, including Warner Bros. Discovery, iliad Group, FreeTV (Israel), Telewizja Polska S.A. (Poland) and TV3 (Lithuania, Latvia, Estonia). Redge Media is available in PaaS, hybrid and on-prem models.
With the support of Lotier, Redge enter the LATAM region, which positions its partners as local market leaders in their respective segments, providing immediate presence and market recognition, as well as leveraging its extensive network to accelerate time-to-market aggressively.
Lotier’s VP of media and data solutions, Martin Eckschmiedt said: “We are delighted to support Redge Technologies in bringing their cutting-edge OTT solutions to the high-growth markets of Latin America. Our local teams have the knowledge, expertise and network to ensure a successful and agile market entry and business development strategy.”
“LATAM people are great. LATAM content is great. With Redge Media, we’d like to help the LATAM media people to deliver their content directly to consumers with the best control of revenues and the highest profitability possible. Europe has come through this transformation already and we are ready to share the best practices with the LATAM people,” said Jan Frelek, member of Redge Technologies’ board.