The global Media and Entertainment industry has been going with the help of a digital revolution. The emergence of new technologies and mobile devices has revolutionized the way content is produced, transported, managed and distributed.
We at Alcyone, mitigate the above challenges by offering Custom Software Development Services to Media and Entertainment Industry to upgrade to the latest technologies, deliver timely content across multiple distribution channels at lower costs, streamline the media planning process, track consumer behaviors, and generate new revenues streams.
With our years of knowledge and experience in software development, quality processes and domain expertise, we have developed customized software solutions for Media and Entertainment industry that enabled them to leverage Information Technology for business growth. There is a phenomenal change in the way content is consumed due to the availability of rich and personalized content anytime, anywhere.
Media businesses have also been reevaluating their content strategies, increasingly investing in areas such as augmented and virtual reality (AR/VR).
The past two years have seen a series of investments as large and small players alike rush into the AR/VR space.
Few technologies have been more eagerly anticipated by the industry and consumers alike than 5G. Autonomous vehicles are another technology area that will benefit significantly from 5G. With 5G as a backbone, autonomous cars could become a key platform for delivering media content and advertising.
With its promise of faster data-transfer speeds, lower latency, and improved IoT connections, 5G will affect almost all aspects of the media and entertainment sector.
As they map their strategies for 2019, media and entertainment businesses should account for a couple of key trends that have ramifications for the entire industry.
The industry’s landscape will continue to be reshaped in 2019 by mergers and acquisitions—particularly as media businesses attempt to strengthen their content libraries, quality, distribution, and value.