NEW YORK, March 1, 2017 /PRNewswire/ -- Wibbitz, the leader in automated video creation technologies, today announced it has secured patent US 20150332666 pertaining to its innovative method of automatically creating videos from text-based content that preserves the spirit of the original story.
The patented technology handles the full process of converting non-video information into a video. Information is analyzed and summarized using natural language processing algorithms from said text, including images, video, metadata, page-links, tweets, author details, date, comments, CSS, and rating. The technology understands the relation between entities within the story, such as key figures or main events. It then selects relevant media based on defined characteristics and semantic analysis, preserving the main idea of the original text. The visualization process is finalized by automatically creating a configured video file, which can be embedded within the text article, a web page, or published to social media.
"We are witnessing an explosion of online video consumption," said Yotam Cohen, Co-founder and Chief Operating Officer at Wibbitz. "But publishers still face challenges in keeping up with growing video demands. Our automation technology addresses these challenges by enabling content creators to create and distribute videos that people love, quickly easily and at scale."
"This patent represents the foundation of our intelligent automation technology, and embodies our belief in the power of visual storytelling," said Uri Meirav, Chief Technology Officer at Wibbitz. "We remain focused on developing our technology to understand and summarize text more accurately in order to streamline the video creation process for content creators, while still maintaining the integrity of their story."
Wibbitz is the leading automated video creation platform for publishers. Partners including Reuters, CBSi, Bonnier, Aol, Time Inc., and TMZ use its text-to-video technology to automatically produce custom branded, short-form videos at scale. Wibbitz supports video creation and distribution for over 300 publishers, helping to increase audience engagement and ad revenues across desktop and mobile. Founded in 2011, Wibbitz has offices in both NYC and Tel Aviv.
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