Grass Valley returns to growth | Infrastructure | News | Rapid TV News
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Revealing that revenues for its hardware, software and SaaS businesses are no less than ‘surging’, with its Agile Media Processing Platform (AMPP) going mainstream, Grass Valley has announced completion of its three-year business transformation with a shift to growth.
Grass Valley 8Sep2023
The company noted that its strategy included a simplification of its organisation focusing on improved client service, along with “dramatic” and continued investments in its integrated hardware solutions. It says it has experienced a strong surge in performance over the last year with the culmination of the business transformation and the rapid market acceleration of AMPP, resulting in dramatically improved performance. 

The Company revealed that it has more than doubled its earnings in the last year alone, allowing it to look forward with accelerated investments across its portfolio. AMPP has exhibited over 200% year-over-year growth since 2020 and average application usage in AMPP now exceeds 3 million hours per month globally.

Together with what it says is significant investment in the cloud-native AMPP ecosystem and connected GV Alliance solutions, Grass Valley claims that its Media Universe (GVMU) suite is leading the industry as the most open and integrated ecosystem in the market.

With what are said to be key hardware integrations, the company has developed close to 100 native applications and certified nearly 80 Alliance partners within AMPP's integrated ecosystem. The platform provides clients with an open multi-vendor platform for live, production, and playout workflows as cloud-native solutions. Additionally, Grass Valley has enhanced the AMPP deployment models to encompass on-premises, cloud-hosted, or hybrid configurations—all while retaining the advantages of a cloud-native architecture.

Among the most recent, fully deployed clients using Grass Valley’s technology are the likes of CBS Sports Golazo Network, Sky, Telstra Broadcast Services and Canal+.

"With AMPP, we've ushered in a new era of cloud-native, open, and integrated solutions for media production, giving our clients the freedom to craft their workflows as they envision, whether it's on-premises, in the cloud, or a seamless blend of both,” said Grass Valley’s CPO, Adam Marshall. “Combine this with Grass Valley's industry leading innovations in cameras, routing, processing, and switchers, it underscores our steadfast commitment to propelling advancements in media technology.”