Envivio is touting “demand for its live and on-demand video solutions that span mobile, Internet and traditional TV screens” as the reason why it’s been able to double its revenues and sales bookings.
According to company officials, Envivio’s FY2011was “the most successful in the company’s history.”
"The success of the past year is clear validation of Envivio’s TV-without-boundaries strategy that creates solutions to deliver the best subscriber experience regardless of the viewing platform," says CEO Julien Signès. "The traditional broadcast television world is changing: TV is no longer limited to stationary screens in the home, but is now being delivered to every IP connected device, whether it is an iPad, iPhone, Android phone or tablet, or other dynamic device. Envivio, with its flexible software-based platform, is in a unique position to enable traditional and emerging TV service providers to fulfill their customers demand for the support of this TV revolution."
Envivio also points to the increased success with its sales channels, saying approximately 70 percent of the company’s sales were made through partners in FY2011. In addition to achieving profitability, the company cited other signs of sustained growth:
- More than 250-percent growth year over year in the United States
- Deployments at five of the top six U.S. cable and telecom operators
- Revenue and bookings doubled each quarter throughout FY2011