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Connatix and JW Player Merge To Create the Industry’s Largest Video Technology and Monetization Platform

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Advanced offering brings unparalleled monetization and streaming capabilities across CTV and OLV for broadcasters, publishers, and advertisers

NEW YORK, Oct. 9, 2024 /PRNewswire/ — JW Player (JWP), the leading video streaming and data insights platform, today announced it is merging with Connatix, the leading video delivery and monetization solution, forming JWP Connatix. By unifying JWP’s broadcast-level live and on-demand streaming, data, and workflow capabilities with Connatix’s full stack advertising and content technology, JWP Connatix becomes the industry’s most comprehensive independent video technology and monetization platform for broadcasters, publishers, and advertisers.

This merger arrives as the digital video ecosystem is experiencing transformational change. Consumers are increasingly cutting the cord in favor of Connected TV (CTV) and streaming services, leading to rapid shifts in global advertising spend and the emergence of new direct-to-consumer subscription and pay-per-view offerings. In 2024, global CTV ad revenue will surpass $30 billion, while the top ten streaming services alone will support nearly 1 billion subscribers. Given this, publishers, broadcasters, and advertisers must transform their video strategies to meet these evolving viewer expectations and business needs.

“How and where viewers consume video is rapidly changing. As a result, media companies require innovative solutions that allow them to maximize audience engagement and help optimize revenue across disparate monetization models, whether it be advertising, subscriptions or commerce,” said David Kashak, Co-founder and CEO of Connatix. “Together, JWP Connatix fulfills that requirement, by accelerating our companies’ mutual visions to create environments where premium video viewing, powered by best-in-class technology, meets high-quality monetization experiences, enabling media leaders to deliver exceptional results.”

JWP Connatix creates an indispensable partner in this rapidly changing video ecosystem, powering streaming for over 2,000 blue-chip media companies, including 80% of the top 25 Comscore US publishers. As the largest independent global video network across CTV and OLV, the company reaches over 1 billion unique users and delivers 30 billion+ combined video plays and ad impressions every month. Key benefits for customers include: 

Global reach and reliable scale: Streaming 7 billion minutes of VOD and live content to over 1 billion unique users on any screen around the worldHybrid monetization models: Support for subscription, advertising and e-commerce business models, leveraging insights from content and audiences to help maximize revenueUnique insights to optimize outcomes: Leverage AI to combine trillions of contextual, consumption, and monetization data signals to match customers with content and ads, boosting engagementSingle end-to-end platform for OLV and CTV: Streamlined video management platform enabling diverse monetization opportunities across content, commerce, and creative

“By joining forces, JWP Connatix ushers in a new era for digital video. The complementary nature of our  businesses enables us to bring a unique combination of scale, product breadth, and industry expertise to the market,” added Dave Otten, CEO and Co-Founder of JWP. “Perhaps more importantly, we are bringing together two knowledgeable, and dedicated teams, whose skill-sets and values are a perfect match. We could not be more excited about this partnership and look forward to shaping the future of digital video together.”

As part of the transaction, Dave Otten will become CEO of the combined company, while David Kashak will serve as its Chairman. JWP Connatix will be headquartered in New York City with additional offices in London, Cluj-Napoca, Eindhoven, Skopje, and Tel Aviv.

About Connatix

Connatix is a video technology company that powers the world’s stories with effortless and inspiring solutions. Through a proprietary full-stack platform, Connatix helps publishers deliver, monetize, analyze and create video, while providing advertisers with premium video inventory and a collection of data intelligence solutions including Deep Contextual™and predictive audience targeting.  Sitting at the forefront of innovation, Connatix leverages the power of AI to optimize revenue and ensure relevancy, efficiency and scale across campaigns.

Connatix currently works with 350+ publisher groups across thousands of sites and leading brands and agencies. The private equity-backed business has been named an AdExchanger Programmatic Power Player for two consecutive years and included on the Inc. 5000 list of the fastest growing companies for three consecutive years. Founded in 2014, Connatix is headquartered in New York City and continues to expand its global footprint with offices in London, Cluj-Napoca, and Tel Aviv.

About JWP

JW Player (JWP) is a leader in video streaming and player technology, providing broadcasters and publishers with a platform for delivering and monetizing video content across web, OTT, CTV, and FAST platforms. JWP’s technology helps deliver exceptional video experiences, engage audiences, and increase viewing time. Pioneering innovations like HLS streaming, header bidding for video, and contextual content recommendations, JWP offers a comprehensive end-to-end streaming management platform. Founded in 2008, JWP is one of the fastest growing SaaS companies in the world with a vision to power video-driven businesses so they thrive in the digital video economy.  Serving over 2,000 global broadcasters, publishers, and video-driven brands, JWP powers video for over 1 billion users each month and 5 billion minutes of video watched. Headquartered in New York, JWP has offices in London, Eindhoven, and Skopje.

Media Contact
Cassady Nordeen
cassady@purposenorthamerica.com

 

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SOURCE Connatix

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Tactis Announces Expanded Ownership and Operational Leadership to Drive Next Phase of Growth

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Tactis, a leading customer experience agency, has expanded its ownership team and refined its operational leadership. This move combines industry veterans and fresh talent to enhance agility and operational excellence, adapting to the evolving customer experience landscape. The ownership team consists of operational leaders Todd Coen, Jessica Jarmin, and Tiffany Scourby, founding member Adam Slagowski, along with other industry experts. This strategic restructuring aims to accelerate decision-making, foster innovation, and ensure Tactis continues to prioritize client needs. With over 20 years of experience, Tactis remains committed to transforming customer interactions through human-centered service and expert solutions.

WASHINGTON, Oct. 9, 2024 /PRNewswire-PRWeb/ — Tactis, a leading customer experience agency, today announced an expansion of its ownership team and a refinement of its operational leadership, marking a significant milestone in the company’s evolution. This strategic move brings together a diverse group of industry experts, combining deep institutional knowledge with fresh perspectives to drive future growth.

The expanded ownership team includes long-standing Tactis veterans and additional experienced professionals from the industry. This structure positions Tactis to build on its strong foundation while adapting to the rapidly changing landscape of customer experience and digital transformation.

Adam Slagowski, the founding member of Tactis, remains a key part of the ownership team, ensuring continuity and providing valuable insights from his years of industry experience. The company’s day-to-day operations will be led by three members of the ownership group: Todd Coen, Jessica Jarmin, and Tiffany Scourby.

“This refined structure strengthens our agility and operational excellence,” said Jessica Jarmin, Chief Operating Officer. “With leadership closely integrated into our daily operations, we can accelerate decision-making and rapidly implement solutions that improve client experiences. It ensures our commitment to putting client needs first remains at the core of everything we do.

“The new structure is designed to foster agility and maintain the client-focused approach that has been a hallmark of Tactis’ success. By broadening the ownership base and streamlining operational leadership, Tactis aims to tap into a wider range of perspectives while ensuring efficient execution.

“This leadership change opens an exciting new chapter for Tactis,” said Todd Coen, Chief Growth Officer. “By expanding our reach and enhancing services, we’re set to deliver greater value through CX innovations that make a tangible difference. Our team is ready to embrace new opportunities, creating impactful solutions that drive growth for our clients.”

“With expanded leadership, we’re even better positioned to anticipate and respond to client needs,” said Tiffany Scourby, Chief Experience Officer. “This new structure empowers us to push boundaries, delivering exceptional customer experiences through innovative CX strategies and technologies that keep our clients ahead in a rapidly evolving landscape.”

This ownership expansion and operational refinement come at a time of significant opportunity in the customer experience sector. Tactis is well-positioned to capitalize on these opportunities, leveraging its broadened base of expertise and streamlined leadership to drive innovation, enter new markets, and deliver exceptional value to its clients.

About Tactis

Tactis is a HUBZone-certified small business with over 20 years of experience in integrated customer experience solutions. We specialize in CX strategy, technology implementation, contact center operations, and marketing. Our approach transforms every customer interaction into an opportunity to create lasting impressions through human-centered service and expert agents. As a CMMI, ISO 20000, and 9001 certified company, we deliver secure, accessible, and engaging experiences that help our clients achieve their goals.

Media Contact

Bethany Ward, Tactis, 1 (877) 861-2583, marketing@tactis.comhttps://www.tactis.com/

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View original content:https://www.prweb.com/releases/tactis-announces-expanded-ownership-and-operational-leadership-to-drive-next-phase-of-growth-302271780.html

SOURCE Tactis

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Enhancing Patient Care and Operational Efficiency in Healthcare With LLM Solutions: New Blueprint From Info-Tech Research Group

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Info-Tech Research Group’s new blueprint outlines strategic approaches for healthcare IT leaders to effectively navigate the AI vendor landscape, enabling the adoption of large language models (LLMs) that enhance patient care, optimize operations, and drive better healthcare outcomes. By offering critical insights into vendor selection and comprehensive evaluation criteria, the firm’s resource empowers organizations to effectively tackle key challenges and minimize the risks associated with adopting generative AI solutions.

TORONTO, Oct. 9, 2024 /PRNewswire/ – Healthcare leaders are under increasing pressure to adopt AI technologies that can enhance patient care, streamline operations, and drive better outcomes. They are further challenged to effectively navigate the complex and crowded AI vendor space while evaluating various features and mitigating risks. To help healthcare leaders meet the demanding needs and expectations of the industry, Info-Tech Research Group has published its latest blueprint, Explore Healthcare Enterprise Large Language Model Solutions. The new resource provides IT leaders in the healthcare industry with the tools and insights necessary for assessing AI capabilities, ensuring strategic adoption, and ultimately improving healthcare outcomes through effective LLM solutions.

“The advent of generative AI (Gen AI) solutions, driven by the recent surge in AI capabilities, has sparked considerable interest among healthcare organizations and vendors,” says Sharon Auma-Ebanyat, research director at Info-Tech Research Group. “The healthcare Gen AI field is rapidly advancing, with many vendors claiming that their AI features can tackle healthcare challenges. However, this market saturation complicates the process of navigating potential vendors and determining desired features.”

Info-Tech’s latest resource for the healthcare industry highlights that healthcare IT leaders must access detailed insights into LLM features that can provide real value while addressing key pain points. However, they must contend with the challenges organizations face in navigating an increasingly saturated AI vendor landscape, where every vendor promises solutions to healthcare’s most pressing issues. These obstacles are further exacerbated by the difficulty of adopting generative AI solutions due to budget constraints and the absence of clear strategic frameworks in the industry. The resource underscores that many vendors fail to align their AI tools with the specific operational needs of healthcare institutions, making implementation, configuration, and support more challenging.

In the blueprint, the firm also addresses the privacy risks posed by the data used to train LLMs, which often includes sensitive personal patient information. When used in biomedical applications, LLMs can further pose privacy concerns, as they may have access to detailed patient characteristics.

To guide healthcare IT leaders in tackling the challenges of vendor selection, Info-Tech’s Explore Healthcare Enterprise Large Language Model Solutions outlines three key steps:

Step 1: Understand key use cases that align with the organization’s objectives, patient needs, and the unique challenges of LLMs.Step 2: Develop weighted evaluation criteria to assess vendors, ensuring they align with the organization’s needs and responsible AI practices.Step 3: Assess and review AI features and key vendor offerings.

Info-Tech’s comprehensive resource equips healthcare IT leaders with essential insights to navigate the complex AI vendor landscape. By effectively leveraging LLMs, healthcare professionals can make more informed decisions, improve diagnoses and treatment plans, and deliver value through cost savings, revenue optimization, and operational efficiency. Designed to support the adoption of AI solutions, Info-Tech’s blueprint helps IT leaders enhance both patient and clinician experiences, accelerating digital transformation and driving better healthcare outcomes.

For exclusive and timely commentary from Sharon Auma-Ebanyat, an expert in the healthcare industry, and access to the complete Explore Healthcare Enterprise Large Language Model Solutions blueprint, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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Jérôme Pelletier Announced as New Chair of ACEC’s Board of Directors

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OTTAWA, ON, Oct. 9, 2024 /CNW/ – During their Annual General Meeting on October 9th, the Association of Consulting Engineering Companies-Canada (ACEC) was pleased to announce Jérôme Pelletier, P.Eng., President and CEO of BBA, as the new Chair of the ACEC Board of Directors for the 2024–2025 term.

Mr. Pelletier brings an incredible wealth of knowledge and skill to his new role as Chair, particularly when it comes to sustainability and innovation.

With over 20 years of experience at BBA, across-Canada consulting engineering firm focused on guiding the energy and natural resources industry toward decarbonization and zero waste, Mr. Pelletier is known for his ability to engage talented teams and lead them in helping clients transform using reliable, safe, and sustainable solutions. His success stems from a deep understanding of industry challenges and sharp business acumen in a rapidly changing world.

Mr. Pelletier strongly believes that the future of our country depends on prioritizing sustainable innovation and inclusive growth, and that the consulting engineering industry plays a major role in Canada’s success on this front.

“It’s a tremendous honour to take on this role in promoting our members as essential technical experts and community builders across the country,” Jérôme Pelletier stated upon being named Chair. “Drawing on the exceptional legacy of my predecessor, Allyson Desgroseilliers, I‘m excited to help foster sustainable and lasting prosperity for our industry and all Canadians.”

“Jérôme’s leadership, expertise and passion will greatly benefit our organization in the lead up to the next federal election,” noted ACEC President and CEO John Gamble. “The coming months and campaign period will provide a critical opportunity for us to further advocate for members and drive positive change for our industry, and with Jérôme as Chair, I’m certain we will achieve just that.”

 About ACEC

ACEC represents companies in Canada that provide professional engineering services to both public and private sector clients. These services include the planning, design and execution of all types of engineering projects, as well as providing independent advice and expertise in a wide range of engineering and engineering-related fields. For more information about ACEC, please visit www.acec.ca

SOURCE Association of Consulting Engineering Companies

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