Zixi, the industry leader for enabling dependable, low latency, live broadcast-quality video over any IP network, and provider of the award-winning Software-Defined Video Platform (SDVP®) today announced record growth in 2023. In 2023, Zixi’s annual recurring revenue from OTT customer grew 100% year over year with most utilizing Zixi as a Service (ZaaS). Broadcaster customers grew over 30% and globally Zixi’s SDVP was used to broadcast over 1.5M live sporting events. This growth is reflective of the industry’s continued transformation and need for agile, cost-effective IP video workflows; Zixi’s continued thought leadership and investment in product innovation; and the company’s commitment to customers and their desire to improve the efficiency, flexibility and scale of complex live IP video workflows in affiliate distribution, live events and satellite replacement use cases.
