Atende’s performance: Very good 3rd quarter
The Atende Group’s performance in the 3rd quarter and during three quarters of 2020 was stronger than in the corresponding periods of the previous year. In the...
The Atende Group’s performance in the 3rd quarter and during three quarters of 2020 was stronger than in the corresponding periods of the previous year. In the 3rd quarter of 2020, its sales revenue decreased by 7% year-on-year but gross profit on sales earned by the Group increased by 18% y/y to PLN 17,840 thousand. Thanks to keeping general and administrative costs relatively flat year-on-year, the Atende Group reported an improvement in operating profit (PLN 2,776 thousand, compared to PLN 40 thousand in the previous year), EBITDA (PLN 6,030 thousand, up by 51% y/y) and net result (profit of PLN 1,811 thousand compared to a loss of PLN 1,400 thousand in the 3rd quarter of 2019).0.06 MB Download0.25 MB Download
In the 3 quarters of 2020, consolidated sales revenue was lower than in the previous year (PLN 148,267 thousand, down by 28% y/y). However, higher gross profit on sales, which improved by 4% y/y and amounted to PLN 50,390 thousand, and lower general and administrative costs resulted in the increase in operating profit by 137% y/y to PLN 5,598 thousand, and in EBITDA by 18% y/y to PLN 15,281 thousand. The Atende Group’s net profit for 3 quarters reached PLN 3,090 thousand, compared to a loss of PLN 558 thousand in the previous year.
It is worth noting that the gross profit margin increased both in the third quarter and cumulatively, reaching 32.8% (up by 7.1% p.p. y/y) and 34% (up by 10.5 p.p. y/y), respectively. This reflects a positive phenomenon occurring both in the parent company and in subsidiaries, consisting in a larger share of services and sales of own products. In particular, the increase in the share of services results in a significant increase in the margin and a simultaneous decrease in revenue, which also explains the observed decrease in revenue in the reporting period, compared to the previous year. It should also be borne in mind that in 2020, the results of Sputnik Software are not consolidated (the Issuer sold its shares in the company at the end of 2019).
In the 3rd quarter of 2020, sales revenue of the parent company Atende S.A. remained relatively flat year-on-year, and gross profit on sales increased by 36% y/y (PLN 8,650 thousand). Owing to the reduction in general and administrative costs by 4% y/y, Atende reported a significant year-on-year improvement in operating result (profit of PLN 979 thousand vs a loss of PLN 1,723 thousand in the previous year), EBITDA (PLN 2,640 thousand vs PLN 60 thousand in the 3rd quarter of 2019) and net profit (profit of PLN 820 thousand vs a loss of PLN 2,040 thousand in the previous year).
In conclusion, the performance of both the parent company and the subsidiaries improved compared to the previous year, both in the 3rd quarter of 2020 and on a cumulative basis. This has been achieved despite the economic downturn linked to the pandemic which has slowed down a number of market sectors, but fortunately not all. The sector which managed to defend itself superbly is the Telecommunications and Media Sector, where the Group recorded significant revenue increases, both in the third quarter (21% y/y) and cumulatively in three quarters (10% y/y).
The telecommunications and media market has been our main market for years now. Over recent months, offline activities have moved online, mobile communication and the use of online media have intensified. This means that the needs of telecommunications and media operators are increasing. As the Atende Group, in particular within Atende and Atende Software, we recognise these challenges clearly and support our customers in their dynamic development — said Roman Szwed, President of Atende S.A.
Good performance of Atende Group in the 1st half of 2020
In the 1st half of 2020, the Atende Group performed well, despite the unfavourable market environment caused by the pandemic. The Atende Group reported an improvement...
In the 1st half of 2020, the Atende Group performed well, despite the unfavourable market environment caused by the pandemic. The Atende Group reported an improvement in operating profit (profit of PLN 2,823 thousand, up by 22% y/y), EBITDA (PLN 9,252 thousand, up by 3% y/y) and net profit (PLN 1,279 thousand, up by 52% y/y). Also, it is worth considering the fact that Sputnik Software, whose shares held by the Issuer were sold at the end of 2019, is no longer consolidated.0.06 MB Download0.18 MB Download
— The year 2020 showed that the Company is able to cope even in a difficult market situation attributable to the pandemic which results in a reduction of investment budgets by a significant portion of customers. The visible increase in profitability ensured good level of the profit generated, despite a visible drop in revenue — said Roman Szwed, President of the Management Board of Atende S.A.
In the 1st half of 2020, the Atende Group earned sales revenue of PLN 94,075 thousand, which represents a decrease by 36% y/y, while the gross profit on sales amounted to PLN 32,550 thousand, which means a level similar to that recorded in the 1st half of 2019 (down by 2% y/y). At the same time, general and administrative costs were reduced (by 4% y/y) and the gross profit margin on sales increased (by 12.1 p.p. y/y) in the reporting period.
The overall impact of the subsidiaries on the consolidated operating profit before tax and net profit was positive. Among subsidiaries, Atende Software and A2CC had the most significant positive impact on the results.
Revenue in the telecommunications and media sector, i.e. the key sector for the Group, amounted to PLN 51.0 million, which represents an increase by 4% y/y. Within this segment, revenue from the most stable group of Atende’s customers, i.e. mobile operators, amounted to PLN 27.0 million in the 1st half of 2020, which represents an increase by 16% y/y. In turn, Atende Software’s revenue from sales of multimedia content distribution services to customers from the telecommunications and media sector stood at PLN 14.5 million, which means an increase by 73% y/y.
The decrease in consolidated revenue from sales in the reporting period, as compared to the 1st half of 2019, was mainly due to the public sector, where revenue decreased by PLN 28.1 million y/y (69% y/y). This primarily results from continued tightening of public procurement and the fact that Sputnik Software, a company operating on the public market, was no longer consolidated in 2020 (revenue of PLN 10.3 million in the 1st half of 2019).
We are pleased that, despite the difficult market situation, we have managed to consistently increase sales to the telecommunications and media sector which is of key importance to us, as well as to implement the company’s development strategy in the area of high-margin and subscription services — concluded Roman Szwed.
In the 2nd quarter of 2020, the consolidated sales margin on subscription services amounted to PLN 11,003 thousand, which represents an increase by 15% y/y. The margin earned covered 50% of fixed costs of the Atende Group in the 2nd quarter of 2020. The provision of maintenance services by Atende and multimedia content distribution services by Atende Software are of the greatest importance for the sales of subscription services.
Computerworld TOP200: Atende is the 4th largest provider of IT solutions and services for the telecommunications sector
In the recently published 28th edition of the Computerworld TOP200 report, which is one of the most important publications concerning the Polish ICT market, we can...
In the recently published 28th edition of the Computerworld TOP200 report, which is one of the most important publications concerning the Polish ICT market, we can find a summary of the condition of the Polish ICT sector in 2019. For years, Atende has been invariably ranked high.0.06 MB Download0.18 MB Download
The company took a high 27th place among the companies with the highest net profit in 2019 (in the previous year – 28th place) and 17th place among the largest IT capital groups operating in Poland.
Detailed information on Atende’s positions in individual sectors and segments in 2019 is presented below.
According to the report, Atende is the market leader among:
1. the largest providers of IT solutions and services for the telecommunications sector – 4th place
2. the largest network equipment suppliers – 6th place
3. the largest providers of virtualisation and containerisation solutions – 5th place
4. the largest providers of maintenance services – 9th place
5. the largest server suppliers – 11th place
We have recorded significant growth in the following sectors:
• in the transport, freight forwarding and logistics sector: up from 18th to 14th place
• in the trade sector from 43rd to 21st place
• in the banking sector from 55th to 35th place
We are also ranked high among the largest providers of IT solutions and services:
• in the area of security: 19th place
• for the public administration and uniformed services sector: 14th place
• for the media sector: 16th place
• for the financial and insurance sector: 29th place
It is worth emphasising the high places achieved in the rankings by Atende Software, a company from the Atende Group:
• the largest providers of IT solutions and services for the media sector: 4th place
• IT companies with the highest R&D expenditure: 14th place
We encourage you to read the entire report and interviews with Jacek Szczepański, Vice-President of the Management Board at Atende SA, and Dariusz Śpiewak, CIO at Polski Gaz TUW, on the implementation of the cloud from Atende.
How has the pandemic influenced technological development in the sector of mobile operators?
It has been three months since the beginning of the pandemic in Poland. Remote work, closed schools, as well as recommendations related to staying at home contributed...
It has been three months since the beginning of the pandemic in Poland. Remote work, closed schools, as well as recommendations related to staying at home contributed exponentially to increased traffic on the Polish Internet. The new unprecedented situation has led to a number of challenges related to traffic growth, network continuity and security issues. In order to maintain the quality of the services provided and ensure smooth and secure data transmission, technicians from telecommunications companies have entered the front line. As a long-term technological partner of the four largest mobile operators operating in Poland, Atende S.A. actively supports them in this process. When analysing preliminary results and forecasts, sales of Atende S.A. to this sector are likely to increase by approx. 10% year-on-year as a result of these activities.0.06 MB Download0.26 MB Download
Due to the dynamic growth of Internet traffic, the needs of mobile operators for both dedicated software and devices for network infrastructure development have increased.
The pandemic has brought a number of limitations, but it has also shown how many of them can be avoided thanks to modern technologies, in particular remote access and cloud.
When sort of called out to the blackboard by the crisis situation, the IT industry, and the telecommunications sector in particular, has experienced a kind of an “upswing”. Once the epidemic has been announced, the number of requests for assistance in organising remote work, either by implementing the VPN technology or by transferring corporate resources to the cloud, has rapidly increased in the market — said Andrzej Jaśkiewicz, Director of the Mobile Solutions Department at Atende S.A.
Forced widespread application of remote work solutions has, in turn, significantly increased the demand for services related to the security of communication and data storage and the use of systems facilitating remote operations (e.g. telemedicine, distance-learning). Therefore, development of software-defined networking as well as automation and remote control of industrial processes is gaining momentum. This, in turn, requires the possibility to obtain data from a large number of sources that are often distant from one another, and to process them on an ongoing basis in growing cloud computing. Speeding up the use of modern telecommunications tools and solutions due to the pandemic will require an increasingly denser communication network, greater capacity, shorter delays and handling of more terminal devices.
While the operators in Poland managed the traffic growth well, they did not experience any significant failures during that time, it can be observed that addressing the increasing communication needs will be possible by expanding the existing infrastructure, especially in places that were not a priority for operators today, due to their distance from large cities, and by building the next generation network – 5G — added Andrzej Jaśkiewicz.
Remote work and distance-learning, entertainment, shopping, or settling formalities over the Internet are some of the most visible changes in recent months. Proprietary software solutions of the Atende Group are also well suited to addressing these needs. This applies, for example, to Atende Software’s redGalaxy online multimedia transmission platform (recently implemented by Canal + as part of the TVOD service and used
for the transmission of TVN’s Concert for Heroes) and Atende’s system for the management of IP services in the operator networks called SMaCS.
Telecommunications operators rose to the challenge in a crisis situation. We are proud that we had the chance to support them in these unusual, dynamically changing circumstances — concluded Andrzej Jaśkiewicz.
Performance in the 1st quarter comparable to previous years, the Group is in a good financial condition
In the 1st quarter of 2020, the Atende Group reported results that do not significantly deviate from those normally achieved in the corresponding period in previous...
In the 1st quarter of 2020, the Atende Group reported results that do not significantly deviate from those normally achieved in the corresponding period in previous years. Although the comparison of the results of the 1st quarter of 2020 to the 1st quarter of the previous year shows significant decreases, this is mainly due to the high benchmark. The first quarter of the previous year was an exceptional quarter, with an increase in sales of 30% y/y, primarily as a result of non-standard projects carried out by the parent company for the telecommunications sector.0.01 MB Download0.45 MB Download
The high benchmark gives a false impression of the company’s poor performance. The result generated was also influenced by two other factors — said Roman Szwed, President of the Management Board of Atende SA. Sputnik Software is no longer consolidated as we sold the shares in the company at the end of 2019. The net result was also adversely affected by financial costs which were higher by 1,143 thousand year-on-year – mainly due to foreign exchange losses linked to the valuation of liabilities related to lease agreements for office premises denominated in euro due to the requirements of IFRS 16, which should be considered as a purely accounting effect. The observed slight decrease in sales is related only to the effects of the slowdown caused by the pandemic.
Roman Szwed also added that the company is in a very good financial condition thanks to its cash reserves. As at the end of the 1st quarter of 2020, cash stood at PLN 25.7 million.
In the 1st quarter of 2020, the Atende Group earned sales revenue of PLN 42,023 thousand, which represents a decrease by 43% y/y, while the gross profit on sales amounted to PLN 14,500 thousand, which means a decrease by 18% y/y. As a result, operating result was negative in the reported period and stood at PLN (692) thousand (down from PLN 2,204 thousand in the 1st quarter of 2019), EBITDA at PLN 2,477 thousand (down by 57% y/y), and the Group recorded a net loss of PLN 1,817 thousand compared to a profit of PLN 1,228 thousand in the previous year.
The only operational factor impacting the decline in results were the restrictions related to the pandemic, in particular the related stagnation in the public sector. Revenue from public sector customers in the parent company Atende decreased by PLN 13.6 million compared to the 1st quarter of 2019. Market stagnation also contributed to the postponement of the deadlines for projects outside the public sector, worth approx. PLN 10 million in total. The decrease is mainly due to the postponement of delivery of one project to the second quarter, caused by restrictions related to the pandemic.
Sales to customers from the telecommunications and media sector are also made by Atende Software which observes an opposite trend, namely a significant increase in demand for its subscription online multimedia content distribution services. In the 1st quarter of 2020, Atende Software’s sales of these services to customers in this sector amounted to PLN 6.7 million (up by 78% y/y).
The Management Board believes that in the current economic situation related to uncertain future in the markets, the company’s financial stability is more important than a temporary increase in sales, and we are fortunate to have it — added Roman Szwed.
15 cooperative banks already use a blockchain based durable medium
Digitalisation of processes and documents and remote signing of agreements – these are two out of more than a dozen key functionalities of the solution offered...
Digitalisation of processes and documents and remote signing of agreements – these are two out of more than a dozen key functionalities of the solution offered by Atende to cooperative banks. 15 banks have already taken the first important step towards digital transformation by choosing to implement the Durable Medium for public documents. Three of these banks successfully use Atende’s private document solution as well to digitally support back-office processes and customer contact. The ChainDoc solution used by these banks, implemented by Atende, is based on a private blockchain network, where NASK SA is the central trusted institution and Novum acts as the industry institution. In the era of remote work, these functionalities, which ensure durability and invariability of digital transactions and processes, have become even more important.0.01 MB Download0.38 MB Download
Nowadays, cooperative banks – with which we have the pleasure of working – are prepared to provide digital customer service in a new reality that has surprised us all. We are pleased that we have been able to participate actively over the last few months in their digital transformation which we believe to be a genuine one. Thanks to the implementation of an electronic, durable medium, customers of these banks do not have to collect paper mail and visit the bank’s branch to put their signature — said Jacek Szczepański, Sales Vice-President at Atende SA.
A dynamic trend based on the following development trajectories has been evident for over a year now in the cooperative banking sector:
• Digitalisation of processes towards a paperless model, including through an electronic durable medium;
• Handling of private documents containing encrypted sensitive data (balances, statements, etc.) in digital format;
• Digital signing of orders and agreements based on a biometric signature or text message acceptance;
• Building a fully digital archive of documents held digitally on a durable medium, equivalent to a departure from paper files;
• Quick access to all historical customer interactions and customer documentation;
• Digital communication with the bank's shareholders through distribution of digital documents, acknowledgement of reading them, as well as remote acceptance;
• Creating entirely new services on the basis of a remote signature under an offer or agreement.
This trend translates into a completely new quality of customer service, while significantly reducing the costs of processing which is primarily related to the abandonment of paper-based document circulation.
For more than a year, Atende has been developing a platform of industrial, private blockchain networks with the so-called trusted nodes that guarantee events in their sectors. Complementary approach to the needs of customers who decide to digitalise presupposes that they have access to the WORM document repository that complies with the right to be forgotten under the requirements of the GDPR. At present, Atende’s ChainDoc solution is used by more than a dozen financial institutions, two insurance companies and two local government institutions.
Atende has lower results in Q3 but good prospects for the future
Atende Group’s performance in the 3rd quarter of 2019 was weaker than in the same period of the previous year. This is mainly attributable to weaker performance...
Atende Group’s performance in the 3rd quarter of 2019 was weaker than in the same period of the previous year. This is mainly attributable to weaker performance of the parent company, Atende, especially in the public sector.0.1 MB Download0.59 MB Download
“The Group recorded an increase in sales in all market sectors apart from the public sector, which gives good growth prospects in future periods. Only in the public sector and companies owned by the state treasury we recorded a slow-down. We believe that an important factor determining our unsatisfactory result was an understandable lack of investment decision making on the part of our customers,” says Roman Szwed, President of the Management Board of Atende SA.
In the 3rd quarter of 2019, Atende Group earned sales revenue of PLN 58,475 thousand, which represents a decrease by 25% y/y. In the same period, revenue in the public sector decreased by PLN 26.1 million. In spite of the general and administrative costs maintained at the level of the previous year, the results are significantly lower. In the reported period, operating profit stood at PLN 40 thousand (down by 99% y/y), EBITDA at PLN 3,996 thousand (down by 48% y/y), and the Group recorded a net loss of PLN 1,400 thousand compared to a profit of PLN 4,363 thousand in the previous year. In the 3 quarters of 2019, consolidated sales revenue was higher than in the previous year (PLN 205,593 thousand, up by 7% y/y). But the weaker 3rd quarter resulted in the cumulative gross profit on sales being lower by 5% y/y. The Group’s EBITDA reached PLN 12,955 thousand, which represents an increase by 12% y/y, while the net result YTD was negative and amounted to PLN 558 thousand compared to a profit of PLN 3,339 thousand a year earlier.
In the 3rd quarter of 2019, Atende earned sales revenue of PLN 41,992 thousand, which represents an increase by 33% y/y. The decrease in gross profit on sales by 52% y/y (to PLN 6,764 thousand), despite a slight decrease (by 5% y/y) in general and administrative costs, translated into weaker performance of the Company. At the operating level, a loss of PLN 1,724 thousand was recorded (compared to a profit of PLN 5,247 thousand a year earlier) and the Company posted net loss of PLN 2,040 thousand compared to a profit of PLN 4,150 thousand in the 3rd quarter of 2018.
One of the Group’s priorities is the development of permanent and subscription services. It is worth underlining that in the 3rd quarter, the consolidated sales margin for subscription services covered 54% of fixed costs of Atende Group.
The total impact of subsidiaries, offering to a large extent permanent services, on consolidated profits both in the 3rd quarter and in the period of three quarters, was positive. Among subsidiaries, Sputnik Software, Atende Software and A2CC had the most significant positive impact on the results. TrustIT and Atende Medica also delivered positive figures.
“In the last months, there were positive events in subsidiaries of Atende Group that have not yet been reflected in the consolidated financial results. The agreement between Phoenix Systems and Apator SA on developing elements of a new, intelligent electricity meter, as well as the agreement between Atende Software and All Media Baltics on implementation of Internet television based on the own system redGalaxy are two
examples of contracts with good prospects for the future. Also in the parent company it is worth underlining the achieving of good market position based on innovative products, especially based on the Blockchain technology,” adds Roman Szwed.
Atende SA recognised with EMEAR award “Architectural Excellence Partner of the Year: Data Center” during the global Cisco Partner Summit 2019
Atende was recognised with the Cisco “Architectural Excellence Partner of the Year: Data Center” award in EMEAR. Cisco presented the winners during the annual...
Atende was recognised with the Cisco “Architectural Excellence Partner of the Year: Data Center” award in EMEAR. Cisco presented the winners during the annual partner conference that took place in Las Vegas, Nevada. The Cisco Partner Summit Global awards are given to business partners who effectively address the challenges of modern business, aim to respect best business practices and reward best-in-class methodologies. Award-winning business areas of partners are the following: innovative processes, architecture-based successes, strategic programmes focused on business results, leveraging new opportunities and sales approaches.0.1 MB Download0.56 MB Download
“Cisco is proud to cooperate with leading partners to drive the digital transformation by creating advanced solutions and new approach to the needs of our customers,” said David Meads, Vice President EMEAR Partner Organisation at Cisco. “It is an honour to recognise Atende SA with an EAMEAR Partner Summit award as Architectural Excellence Partner of the Year: Data Center, which underlines even more the outstanding achievements of Atende in EMEAR.”
“The Architectural Excellence Partner of the Year: Data Center award recognises the efforts of many years in developing the expertise of our company. We are pleased to receive this award because it confirms our endeavour to build success of our customers with innovative IT solutions based on the highest level of technical expertise,” said Jacek Forysiak, Vice President and Chief Technology Officer at Atende SA.
The aim of the Cisco Partner Summit Geographic Regional awards is to recognise the best partners in particular technology markets in the whole geographical region. All laureates are chosen by a group of Cisco global partner organisation and regional directors.
Atende results: Good H1
In the 1st half of 2019, Atende Group had good results, better than in the 1st half of the previous year. In the whole Group, a consol-idated income from sales amounting...
In the 1st half of 2019, Atende Group had good results, better than in the 1st half of the previous year. In the whole Group, a consol-idated income from sales amounting to PLN 147,118 thousand (y/y increase by 28%) and a gross profit on sales of PLN 34,617 thousand (y/y increase by 11%) were generated. In its stand-alone statement Atende S.A. recorded revenue of PLN 119,160 thousand, which means an increase by 42% compared with the 1st half of the previous year and a gross profit on sales of PLN 19,366 thousand (y/y increase by 12%).0.09 MB Download0.59 MB Download
At the same time, the general and administrative costs of the whole Group increase only slightly (by 5% y/y), therefore, the following results improved: EBITDA (profit of PLN 8,959 thousand, up by 136% y/y) and net result (profit of PLN 842 thousand, compared to a loss of PLN 1,024 thousand in the 1st half of 2018).
Among subsidiaries, Sputnik Software, Atende Software and A2CC had the most significant positive impact on the results. TrustIT and Atende Medica also delivered positive figures.
As usual, the telecommunications and media sector accounted for the largest portion of Atende Group’s sales in the 1st half of 2019. They amounted to PLN 48.8 million (y/y increase by 11%), especially as a result of the executed by Atende expansion of data trans-mission infrastructure (including LTE technology) as well as settlement and billing of IP services for mobile operators. An important and promising achievement for the Group was the signing by Atende Software of an agreement with a leading media group – All Me-dia Baltics, operating in the Baltic states. The subject matter of the agreement was the implementation and adjustment of the redGal-axy platform developed by Atende Software for distributing multimedia content on the Internet.
The largest increase in sales of Atende Group was recorded by the industry, trade and services sector (up by 131% y/y to PLN 44.7 million). It is mainly attributable to the implementation of a number of projects by the parent company, the largest of which concerned the extension of network systems in Poczta Polska’s companies (total value of PLN 18.5 million) and security infrastructure in an energy company (PLN 6.6 million).
In the financial sector, the Group also generated sales higher by 29% than in the previous year (PLN 12.6 million). Mora than a half of this sum (55%) is attributable to the sale by Atende of IT solution to banks, among others, concerning security and virtualisation. On the other hand, revenue from public sector customers was similar to that of the 1st half of 2018 (PLN 41.0 million, down by 1% y/y).
“We are pleased to see a significant increase in revenue in the strategic areas of our business. We expect that the relatively worse result in the public sector will be improved in the upcoming reporting periods. We have the same hopes with regard to the energy sector in terms of smart networks. The significant investment effort in these directions should, thus, bring the expected results. But we are proba-bly most pleased with the success of Atende Software – obtaining an important contract outside Poland, and the successes of the Group’s subsidiaries in obtaining first contracts based on own solutions and products. A good example are the first successes regarding the implementation of solutions based on the blockchain technology by Atende S.A.,” adds Roman Szwed.
All Media Baltics implements a new generation OTT platform based on the redGalaxy technology
All Media Baltics, a leading media group, operating in the Baltic States, and Atende Software concluded an agreement, the subject of which is the launch of a modern...
All Media Baltics, a leading media group, operating in the Baltic States, and Atende Software concluded an agreement, the subject of which is the launch of a modern Internet television platform (OTT, over-the-top) aimed at users from Lithuania, Latvia and Estonia.1.09 MB Download0.62 MB Download
The platform will offer its users a wide range of local and international sports, information and entertainment content, television channels, films and TV series, as well as exclusive access to the own flagship productions of the All Media Baltics group. Platform users will be able to use it on various devices: smartphones, tablets, computers, devices equipped with the AndroidTV system and on SmartTV televisions.
The subject matter of the agreement is the implementation and adjustment of the redGalaxy platform developed by Atende Software, consisting of: back-end OTT and end-user applications for Web, Android, iOS, Android TV (with STB support), Samsung SmartTV and LG webOS. The platform will be integrated with existing content management systems and customer service management systems. Under the agreement, content security will be ensured based on Microsoft Playready, Google Widevine and Apple FairPlay DRM solutions. An important aspect of the platform is the multi-tenancy support, owing to which the service can be easily deployed for new brands.
“Atende Software offers a modern and advanced technological solution and can boast of successful implementations for the largest media groups. I am happy that by using a solution of Atende Software we will be able to offer our viewers entertainment of the highest quality,” says Jan Wykrytowicz, CEO at AMB Pay TV.
“We are proud that our solution was chosen in such a difficult and competitive tender procedure. Baltic states are Europe’s leaders with regard to digitisation and the possibility of launching our solution on three new markets is a very important step for us. redGalaxy will make it possible for All Media Baltics to provide new generation television services to the most important customer platforms. Thanks to the multi-tenancy the service will can be easily for many entities,” says Przemysław Frasunek, Multimedia Division Director at Atende Software.
About All Media Baltics
All Media Baltics is the biggest media group in the Baltic region whose owner since October 2017 has been Providence Equity Partners, a global player on the premium asset management market. Providence Equity Partners took over the shares from Modern Times Group (MTG). The All Media Baltics group consists of: leading television stations in all Baltic States, satellite pay-TV and OTT services as well as radio stations and other entities providing digital services in the Baltic region. The brands of All Media Baltics contain television channels: TV3, LNT, TV6, Kanāls 2, 3+, TV8, TVPlay Sports, TV1000 Premium; radio channels: Star FM, Radio Volna and Power Hit Radio; the biggest video portal AVOD TVPlay; the digital advertisement platform SmartAD; information and education websites: Skaties.lv, Uudised.ee, Buduaar.ee i TV3.lt, the biggest SVOD platform in the Baltic states – TVPlay Premium, and the leading DTH platform – TVPlay Home.
About Atende Software
Atende Software is a leading provider of the OTT technology in Central and Eastern Europe. redGalaxy is a comprehensive technological platform for Internet television, consisting of a content management module, system of content distribution, transcoders, content security systems, as well as customer applications for various endpoint devices. redGalaxy is used by major television broadcasters and mobile operators, such as TVN Discovery Poland and P4 (operator of the Play network). Every day the platform provides content to millions of end customers.