HERZLIYA, Israel - Beamr Imaging Ltd. (NASDAQ: BMR), a developer of video optimization technology, is set to showcase its latest collaboration with Oracle (NYSE:ORCL) Cloud Infrastructure (OCI) at the SIGGRAPH 2024 conference in Denver, Colorado.
The demonstration, taking place from Monday to Wednesday, will highlight the optimization of high-resolution videos rendered from 3D models, a process essential for sharing detailed 3D design visualizations.
The collaboration leverages Beamr's patented content-adaptive bitrate technology (CABR) to significantly reduce video file sizes without sacrificing quality. The technology enables the compression of large video files by up to 75%, addressing the challenge of delivering and viewing high-quality, high-resolution content.
During SIGGRAPH, Beamr will demonstrate the optimization process using a video from an OpenUSD-based scene developed on NVIDIA (NASDAQ:NVDA) Omniverse, a platform for 3D workflows and applications. The optimized videos, supported by OCI and accelerated by NVIDIA L40S GPUs, will be showcased at the Oracle booth.
Beamr's video optimization services are available to OCI customers through the Oracle Cloud Marketplace, allowing users to connect their video libraries and optimize content at scale.
The company's solutions are backed by 53 granted patents and have been recognized with industry awards, including the 2021 Technology and Engineering Emmy® and the 2021 Seagate Lyve Innovator of the Year award.
The information for this report is based on a press release statement from Beamr Imaging Ltd. It should be noted that the press release contains forward-looking statements that involve risks and uncertainties, and actual results could differ materially from those anticipated.
Beamr has cautioned that these forward-looking statements are subject to various risks and has directed interested parties to its filings with the Securities and Exchange Commission for a more detailed discussion of potential risks.
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