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SAN JOSE, Calif. - June 23, 2021- Harmonic (NASDAQ: HLIT) today announced that Telefonica Spain, a leading telecommunications company, has deployed Harmonic's VOS 360 cloud streaming platform for reliable, flexible disaster recovery. By replicating Telefonica Spain's entire infrastructure for its Movistar+ platform in the cloud, the VOS360 platform optimizes resources, providing instant scaling of the live 24/7 channels and keeping costs low through usage-based pricing.
Viewers today expect flawless video streaming. To ensure solid service continuity, we needed a reliable, cost-effective and flexible solution, said Eugenio Lojo, head of transmission and conditional access, Telefonica. Rather than recreating our physical infrastructure at a backup location, we successfully replicated the configuration on the cloud using Harmonic's VOS360 platform. This redundant service is not only cost-saving, it's also flexible and ensures our ability to test new channels and deliver short-term events as our video streaming service evolves.
Harmonic's cloud-based recovery service provides Telefonica Spain with total reliability. An advanced DevOps team ensures that services are always available for subscribers, around the clock. The VOS360 SaaS also provides rapid scaling, enabling Telefonica Spain to quickly secure the entire channel lineup or just a single channel for the duration of a premium event. Based on a pay-per-use business model, Harmonic's service is activated on-demand, providing the operator with the flexibility to pay for services as needed, whether it's for a day, week, or month.
Traditionally, disaster recovery systems have been inflexible and costly to replicate. But Harmonic is transforming that notion, said Shahar Bar, senior vice president, video products and corporate development, at Harmonic. Our VOS360 platform's cloud-based recovery service can be activated in minutes, which is a testament to the speed and elasticity that our recovery-in-the-cloud service provides.
Further information about Harmonic and the company's solutions is available at www.harmonicinc.com.
About Harmonic Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized cable access and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized cable access networking via the industry's first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2020, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.
Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.
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