Shares of Harmonic Inc (NASDAQ:HLIT) ended Friday session in red amid volatile trading. The shares closed down -0.08 points or -1.67% at $4.70 with 2,268,099 shares getting traded. Post opening the session at $4.80, the shares hit an intraday low of $4.60 and an intraday high of $4.80 and the price vacillated in this range throughout the day. The company has a market cap of $360.60 million and the numbers of outstanding shares have been calculated to be 78.03 million shares.
On September 21, 2016 Harmonic (HLIT), the worldwide leader in video delivery infrastructure, announced that its new VOS™ 360 cloud media processing service captured the prestigious IABM Award for Design & Innovation during IBC2016, Europe’s largest event for the broadcast industry. The awards recognize exciting new products, services and projects that offer significant solutions or new opportunities to the broadcast industry.
“We are honored to accept this significant industry award recognizing Harmonic for its contribution in optimizing video production and delivery,” said Bart Spriester, senior vice president, video products at Harmonic. “The VOS 360 cloud media processing service is just the latest addition to our portfolio of comprehensive solutions that help customers and business partners cost-effectively deploy traditional television and next-generation multiscreen services with exceptional video quality. This award further showcases our commitment to creating innovative solutions that move our industry forward.”
Presented at the IBC exhibition in Amsterdam each year, the IABM Design & Innovation Awards are some of the most comprehensive and competitive technology awards around the world, with entries assessed by a panel of 40 independent, expert judges. Harmonic’s VOS 360 cloud media processing service (www.vos360.tv) was given the IABM Award for Design & Innovation in the services category due in part to its native cloud-based approach, which is fundamentally changing video production and delivery for live and VOD content.
“Periods of major change and disruption in the industry stimulate some of the most exciting and innovative developments, with new generation solutions for a wider range of broadcast and media activities,” said John Ive, IABM director of technology and strategic insight, and chair of the awards judging panel. “This award recognizes the value of Harmonic’s VOS 360 to broadcasters and other service providers as they evolve their business models to keep ahead of rapidly changing media consumption habits.”
Shares of Accenture Plc (NYSE:ACN) ended Friday session in red amid volatile trading. The shares closed down -0.57 points or -0.50% at $113.09 with 2,265,179 shares getting traded. Post opening the session at $110.51, the shares hit an intraday low of $109.50 and an intraday high of $113.79 and the price vacillated in this range throughout the day. The company has a market cap of $73.22 billion and the numbers of outstanding shares have been calculated to be 814.96 million shares.
On September 26, 2016 Accenture (ACN) and Brandtone announced a next generation trade promotion solution to help consumer packaged goods (CPG) companies have access to enhanced visibility, management and control of their promotional campaigns as they seek to capitalize on the significant growth in Asia Pacific.
As trade continues to evolve across the Asia Pacific market, traditional and independent traders currently capture as much as 95 percent of retail sales in many countries. CPG companies work closely with distributors to reach over 12 million traders across Asia. Using the Accenture and Brandtone services, CPG companies can have direct access to all of their existing traders, with potential to acquire many new retailers within the lucrative independent trade channel.
This trade promotion collaboration uses Accenture’s Route to Market solution, which combines Accenture Strategy, Accenture Digital, Accenture Technology and Accenture Operations, to provide commercial intelligence and analytics, commercial strategy and planning, trade investment excellence and sales effectiveness. This can be provisioned using Accenture’s Global Delivery Network and is combined with Brandtone’s Trader Solution that provides mobile and data-driven marketing services. Brandtone will provide software and services based on an integrated delivery model that has been jointly developed with Accenture.
Working together with Accenture and Brandtone, CPG companies can have access to enhanced visibility, management and control of their promotional campaigns. They will be able to launch promotional campaigns faster, with more precision and control using real time performance data, empowering them to grow sales and acquire new retailers. In a number of emerging markets, where Accenture and Brandtone have already collaborated, clients have been able to reach over 70 percent of the trader market and increase sales by over 20 percent.