LOUISVILLE, Colo. -- Dec. 3, 2013 -- Front Porch Digital, the global leader in cloud-based content storage management (CSM) solutions, today announced that international research and business-consulting firm Frost & Sullivan has recognized Front Porch Digital with the 2013 Global Frost & Sullivan Customer Value Leadership Award. After recent analysis of the digital archiving and media asset management market, Frost & Sullivan determined that Front Porch Digital is leading the competition in a highly competitive and price-sensitive market through its DIVASolutions and cloud-based LYNX(SM) platforms.
"Frost & Sullivan is a well-respected voice in the world of business growth and leadership," said Mike Knaisch, Front Porch Digital president and CEO. "To receive this prestigious award is proof positive that our customer-centric approach to workflow improvement has worked to ensure our customers see a noticeable return on their investment."
Frost & Sullivan found that, unlike large media companies and broadcasters that can afford to invest in expensive digital archiving and media asset management solutions, regional and local broadcasters shy away from complex, high-cost solutions despite the acute need to manage exploding amounts of digital data. Its research showed that Front Porch Digital bridges this market gap and leverages the unique opportunity to cater to cost- and quality-conscious clients.
Front Porch Digital's DIVASolutions can manage content from production through delivery and archiving with a series of collaborative workflow solution suites. The Frost & Sullivan research showed that DIVASolutions are well-accepted by price-sensitive customers that seek pure archival management solutions, which are now required in a workflow that must control and manage live feeds. Adopters have proved to have more efficient workflows in terms of the number of promos that go on air at a given time and the benefits of increased library space in cloud.
Front Porch Digital is also one of the earliest in the industry to offer solutions optimized for CSM through the cloud. The LYNX cloud-based disaster recovery and media asset storage service was pilot-tested in many parts of Europe and the U.S. in 2012. Over the past 11 months, the company has collaborated with some of the largest media companies in the world to manage production content on live platforms with LYNX. In addition to contributing toward substantial cost-savings over expensive on-premise deployments, LYNX can also be seamlessly integrated with DIVASolutions workflows.
"Front Porch Digital continually strives to innovate to offer highly functional and cost-effective content management solutions to its broadcast clients in the global arena," said Maria Flora Chazoor Paul, research analyst at Frost & Sullivan. "As a result, now broadcasters can not only realize the value proposition of storage and content management, but also a reduced total cost of ownership by getting all of it through the cloud. Front Porch Digital has a thorough understanding of regional market dynamics, which has empowered many broadcasting clients to leverage its LYNX cloud-based offering as a key platform to engage with price-sensitive customers in emerging markets, and that is why Frost & Sullivan is proud to recognize the company with this award."
Each year, Frost & Sullivan presents the Global Frost & Sullivan Customer Value Leadership Award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment made on its services or products. The award recognizes the company's extraordinary focus on enhancing the value that its customers receive. Award-winning companies go beyond simply good customer service, which leads to improved customer retention and, ultimately, customer base expansion.
The customer value leadership award is a part of the Frost & Sullivan Best Practices Awards, a group of awards that 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 in order to identify best practices in the industry.
More information about Front Porch Digital is available at fpdigital.com.
Photo Link: www.wallstcom.com/FrontPorch/Front-Porch-Digital-FrostSullivan-Award.jpg
Photo Caption: Frost & Sullivan Customer Value Leadership Award Logo
# # #
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
* The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
* The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
About Front Porch Digital
Front Porch Digital is the global leader in solutions for migrating, managing, and monetizing media content. Operating on site and in the cloud, the company's purpose-built software employs the latest technologies to deliver truly flexible and scalable media workflows. Solutions delivered by Front Porch Digital appropriately manage large and complex media files and workflows while ensuring optimal performance and utmost security. More information is available at fpdigital.com.
All trademarks appearing herein are the property of their respective owners.