For the last three decades EVS has been a product leader for live production video replay servers, progressively introducing components into the production workflows around the XT server to build various solutions. The “Big & Hairy Audacious Goal” (BHAG) is to become the number one solution vendor in the live production industry, broadening the scope of our offers. Since 2019 our whole portfolio has been reshaped and extended around LiveCeption, MediaCeption and MediaInfra solutions.
We now plan to strengthen the links between our solutions to build a comprehensive open ecosystem. VIA MAP (Media Asset Platform), announced at IBC 2023, is definitely a first step in this direction, creating higher value for the customers deploying EVS LiveCeption and EVS MediaCeption. Our ecosystem is planned to further extend to support the OPEX optimization of our customers, facilitating the overall operation, inside their organization and across the value chain.
EVS is a premium brand, delivering superior solutions that focus on comprehensive workflows and unmatched reliability, responding in full to the requirements of high-end productions. On the other hand, we are seeing an increase in productions with less demanding requirements. We are therefore continuously creating solutions to meet the new needs of our customers, and simultaneously address the needs of new customers that were previously unable to afford an EVS solution.
EVS expects most of its organic growth to be fueled by MediaCeption with its very competitive solution for creation of live and near-live content, and by Media Infrastructure, that enables efficient broadcast control, monitoring, conversion, routing, and real-time processing of high quality video and audio signals. EVS expects to grow in NALA (North America & Latin America) - and especially US and Canada – faster than in other regions, thanks to the vibrant local market.
EVS remains committed to advancing its software development and its Balanced Computing approach, ensuring seamless deployment of solutions, either in customer-owned data centers or on public clouds. This flexibility allows for infrastructure management by either the customer or EVS' expert team for some parts of the workflow, as exemplified by our MediaHub and XtraMotion cloud based solutions.
Over the past five years, with the evolution towards software technologies, EVS has developed new levels of Service Level Agreements (SLAs), answering an ever-increasing customer demand and creating a significant source of revenue. This improvement is crucial for our customers to adapt to the rapidly evolving technological landscape: including changes in browsers, legacy systems, and third-party servers, as well as escalating cyber security demands due to increased risks. These advancements necessitate continuous software evolution to maintain high standards of service and security. Notably, there is a marked increase in the demand for comprehensive SLAs among our LAB customers compared to our LSP customers, reflecting their distinct needs and priorities.
Concurrently, EVS also remains committed to the ongoing development of specialized hardware for critical solution components. This approach is not just about meeting the unique demands of OBVans, which often operate in harsh conditions, but also about embracing energy-efficient FPGA (Field Programmable Gate Arrays) technology to significantly reduce power consumption and our carbon footprint.
Our growth will also be supported by the adoption of new business models, matching our customers’ requirements in terms of flexibility, and offering the opportunity for smaller players to benefit from EVS technology thanks to “on-demand pricing”.
The market share of EVS LiveCeption solutions in OBVans is already significant and provides and provides limited expectations in terms of sustainable growth. However, there is still significant room for growth in our LAB customers, in the broadcast centers and for broadcast level productions run by non-broadcasters (e.g. governments, houses of worship, US stadiums...etc), also automatically increasing our SLA revenues.
EVS has firmly established itself as a leader in live sports event production, with a significant majority of premium sports events utilizing our technology. Building on this success, there is substantial potential for growth in other sectors including news, entertainment, and various show formats, additionally extending into digital realms like social media and OTT channels. Our customers are increasingly seeking to centralize their infrastructure for more efficient resource management. EVS not only provides essential resource management components within our solutions, but our clients also prefer to standardize their production environments based on the most demanding scenarios, such as sports events. In these areas EVS is renowned for its reliability and optimized operational experience, making our technology the preferred choice for clients aiming to meet high-performance standards across all production types.
The BHAG will only be achieved thanks to a combination of organic growth with M&A transactions and strategic partnerships, as proven with the acquisition of Axon that has enabled EVS to take a key position in the Media Infrastructure market. As highlighted in the chart below, we want to repeat the model for further growth beyond the scope of the existing solutions.
REPEATABLE MODEL
| 1 | The customers understood the strengths of the XT server and started to deploy it in their broadcast centers |
| 2 | EVS added an asset management product to the XT to manage the life cycle of the content recorded and created on the XT servers. |
| 3 | The products have been deployed for Big Events, in the venues... |
| 4 | ...and in the International Broadcast Center built for Big Events. |
| 5 | Now that broadcasters are developing convergent platforms they select solutions that can cope with the most complex workflows, focused on “fast turnaround content production”, as used in sports. |
| 6 | The solutions are also applicable for non-broadcast customers such as stadiums, large corporate companies and governments. |
| 7 | When the Live Service Providers started to build hubs to leverage remote production they naturally selected EVS technology, thanks to the early availability of LiveIP servers. |
| 8 | Thanks to the acquisition of Axon, EVS structured a set of Media Infrastructure solutions in the broadcast centers. |
| 9 | EVS also proved the bi-directional synergies between LiveCeption and MediaInfrastructure within OBVans. |
| 10 | In 2022, EVS’ Media Infrastructure solution was used for the first time at Big Events. |