We are excited to announce that StreamShark and Hive Streaming will be working together to offer enterprises a highly efficient video delivery solution. The joint solution will combine StreamShark’s expertise in reliable video delivery with Hive Streaming’s unique peer-based delivery service to offer enterprises the best video viewing experience possible.
The StreamShark platform leverages innovative technology to solve the common pain points around live and on-demand streaming. Their expertise covers the complete workflow from live stream setup and testing with desired security measures (DRM, access control), transcoding for adaptive bitrate streaming and global multi-CDN delivery of live content to viewers across all platforms and devices. StreamShark can provide redundancy at every step of the live streaming workflow with automatic failovers that ensure an exceptional viewing experience for audiences.
StreamShark is serving the world’s largest and most valuable companies with thousands of employees located in offices globally. These enterprises use StreamShark’s white-labelled platform for confidential and restricted (internal) live streaming for events such as CEO Town Halls and All Hands Strategy Meetings.
StreamShark chose to work with Hive Streaming to address the challenge of delivering a high-quality video experience to thousands of employees on-site without saturating the bandwidth of the internal network, an even greater challenge in geographic regions suffering from lower bandwidth connectivity. It is essential to reduce the load on internal networks to not only avoid degradation of video quality viewed by employees but also avoid video congestion and prevent it impacting the performance of the network for other applications. Enterprises are typically reluctant to deploy additional hardware infrastructure or contract with service providers for additional bandwidth. In contrast, software-based solutions are appealing due to the low cost of deployment and maintenance. Hence, StreamShark has successfully deployed Hive Streaming’s peer-based delivery for enterprise customers.
When Hive Streaming is enabled, the viewer’s device acts as a video distribution node, utilizing underutilized bandwidth between users and offloading video traffic from the LAN. We see efficiency gains of 80-90% (i.e. a percentage of traffic delivered over Hive Streaming vs. the CDN/internet) with enterprises that elect to enable Hive Streaming.