Fastly, Inc. (NYSE: FSLY), provider of a global edge cloud platform, today announced advancements to its comprehensive portfolio of live event and video-on-demand services. As organizations continue to experience a shift from in-person to online, the need to deliver high-quality, low-latency content in a secure and scalable way has become more crucial than ever before. Fastly’s enhanced Live Event Services and video-on-demand features will enable developers to respond to a recent rise in live streaming events influenced by the COVID-19 pandemic, in addition to preparing for long-term video streaming trends.
“COVID has drastically accelerated the quantity and frequency of live streaming viewership that we were already seeing pre-pandemic,” said Lee Chen, vice president of corporate development and strategic partnerships at Fastly. “The gap between those investing in streaming technologies and those who are not, is widening and becoming more prominent than ever before. Having the correct set of tools and technologies is essential for businesses to accelerate their digital transformation and stay ahead of their competitors.”
Fastly’s new engineering innovations further strengthen its existing portfolio of live-streaming solutions and services. In addition to helping organizations deliver large-scale, low-latency streams, customers are able to make the most of real-time monitoring, capacity planning, and flexible deployment options.
Fastly’s Live Events offering now includes:
- Media Shield with Origin Insights: Technologists can optimize multi-CDN deployments and reduce streaming costs, while gaining real-time analytics and visibility into the egress data collected from the origin infrastructure to Fastly’s Edge Cloud.
- Live Event Monitoring: Organizations can rely on a team of Fastly experts to monitor, alert, and troubleshoot complex issues throughout high-profile, mission-critical events, enabling a faster, more consistent viewer experience.
- Capacity Reservations: Organizations can easily reserve additional bandwidth to prepare for high-traffic events.
- Real-time Observability: Technologists can gain real-time insights into how their users are consuming streaming content, empowering them to proactively identify and fix potential issues.
“Fastly has been vital in providing us with the tools we need to efficiently run a multi-CDN environment. More specifically, Media Shield helps us unify our workflows and create more reliable experiences, happier customers, and higher levels of engagement,” said Vice President of Digital Media Technology at A+E Networks John Cool. “Fastly also does a great job caching our content, helping us achieve the scale we need to meet our peak demands while making sure our streaming costs are manageable as traffic increases.”
Accelerated by the COVID-19 pandemic, the number of video-on-demand users is projected to be up by nearly 50 million at the end of this year. Fastly’s video-on-demand services now include:
- Device Detection: Video engineers can write logic to tailor content for a variety of device types, improving delivery quality and user experience.
- Enhanced On-the-fly Packager (OTFP): Organizations can cut costs associated with duplicating content for different packaging HTTP streaming protocols. Enhancements include multi-language audio and additional DRM partner integrations.
- VPN/Proxy Detection: Enhanced programmability at the edge enables organizations to detect when VPNs and proxies are being used to bypass content protection.
“Fastly makes it easier for us to manage large numbers of concurrent users in a predictive way, lowering costs and better preparing us for crucial moments such as the La Voz program premier, the Veneno premier on Atresmedia Premium, and for national election debates,” said Head of Digital Media Solutions at Atresmedia Raquel Fernández. “Additionally, with Media Shield, we’ve been able to predict bandwidth needs more accurately and reduce the cost of access to origin by 60%.”
For more information about Fastly’s Live Events and video-on-demand solutions, visit: https://www.fastly.com/solutions/live-event-services and https://www.fastly.com/products/media-and-streaming/video-on-demand.
Fastly helps people stay better connected with the things they love. Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing our customers’ applications as close to their end-users as possible — at the edge of the internet. Fastly’s platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development with unmatched visibility and minimal latency, empowering developers to innovate with both performance and security. Fastly’s customers include many of the world’s most prominent companies, including Vimeo, Pinterest, The New York Times, and GitHub.
Forward Looking Statements
This press release contains “forward-looking” statements that are based on Fastly’s beliefs and assumptions and on information currently available to Fastly on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties, and other factors that may cause its actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include, but are not limited to, those regarding the ability of Fastly’s Live Event Services and video on-demand features to enable developers to respond to a rise in live streaming events and to prepare for long-term video streaming trends, enable delivery of large-scale, low-latency streams, and enable customers to make the most of real-time monitoring, capacity planning, and flexible deployment options. Except as required by law, Fastly assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause Fastly’s actual results to differ materially are detailed from time to time in the reports Fastly files with the Securities and Exchange Commission (SEC), including in its Annual Report on Form 10-K for the year ended December 31, 2019. Copies of reports filed with the SEC are posted on Fastly’s website and are available from Fastly without charge.
Source: Fastly, Inc.