MOUNTAIN VIEW, Calif., July 13, 2015 /PRNewswire/ -- Based on its recent analysis of the media workflow and resource management market, Frost & Sullivan recognizes Prime Focus Technologies with the 2015 Global Frost & Sullivan Award for Growth Excellence Leadership. Prime Focus Technologies is establishing global best practices by partnering with customers all over the world, helping them increase efficiency and realize monetization opportunities so Media and Entertainment (M&E) companies can focus on what they do the best – make better content. The company has been one of the very few early vendors to recognize that broadcasters and studios need to have a connected and digital enterprise if they have to grow in this digital era. Prime Focus Technologies enables customers by virtualizing the content supply chain with its hybrid, cloud-enabled media enterprise resource planning (ERP) suite, CLEAR.
"Prime Focus Technologies leverages its expertise in media and technology to design cloud solutions that can help media companies drive their next-level digital transformation," said Mukul Krishna, global senior director, Digital Media, Frost & Sullivan. "With a solution such as Digital Next, it offers a comprehensive breadth of applications that are must-have for the changing media environment."
In line with its goals of staying ahead of the technology curve, Prime Focus Technologies launched its 'Digital Next' offering, that includes Media ERP and features such as large volume content management, content discovery, high-resolution and 4K content compression, as well as monetization of content across platforms and devices. These benefits could make Digital Next offerings through CLEAR the de facto media ERP system.
In addition to its inorganic growth, the company invests significantly in research and development to consistently develop its products and actionable plans. By leveraging a multi-pronged approach to business and nurturing ongoing customer relationships, Prime Focus Technologies is perfectly poised for continued growth.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in growth and customer value. It recognizes the superiority of the product/service as well as the overall customer, purchase, ownership and service experience offered, which has resulted in the recipient company seeing above-market growth and increased share of wallet. The award lauds the growth, diversification and sustainability strategies of the company.
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.
About Prime Focus Technologies
Prime Focus Technologies is the technology subsidiary of Prime Focus. It offers media and entertainment companies, transformational solutions that help virtualize the content supply chain.
CLEAR™, our award-winning Hybrid Cloud-enabled Media ERP Suite and Cloud Media Services help broadcasters, studios, brands, sports and digital organizations drive creative enablement, enhance ecosystem efficiencies and sustainability, reduce cost and realize new monetization opportunities.
PFT works with major M&E companies like Disney, Warner Bros., 21st Century Fox-owned Star TV, Zee TV, Warner Bros. Television Studios, CBS Television Studios, 20th Century Fox Television Studios, FX Networks, Crown Media Holdings, Relativity Media, Legendary Pictures, Starz Media, Lionsgate, A&E TV Network, HBO, Mnet, CNBC Africa, SABC, IFC, Hooq, Sony Music, Viacom 18, Showtime, BCCI, Indian Premiere League, Hindustan Unilever Limited and The Associated Press.
In 2014, PFT acquired DAX, the creators of the Primetime Emmy® Award winning Digital Dailies® and Academy® Award winning Lowry Digital.
For more information visit: www.primefocustechnologies.com
About Frost & Sullivan
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SOURCE Frost & Sullivan