Whether for corporate learning, sales enablement, content marketing, or investor relations, the business video market is barely getting started.
Boston, Massachusetts (PRWEB) March 16, 2015
Coming off a year in which revenues grew by more than 68%, KnowledgeVision Systems CEO Michael Kolowich has committed the company to continued rapid innovation and expansion of its footprint in the business video market. This week, the company is laying out an ambitious program of new features, new products, and new technology in briefings for its customers around the world.
“Whether for corporate learning, sales enablement, content marketing, or investor relations, the business video market is barely getting started,” said Kolowich. “In every one of these applications, clients are looking for easy ways to create, distribute, and track business video, and they’re discovering that video presentations are a terrific way to do that.”
Kolowich pointed out that KnowledgeVision delivered 31.1 million minutes of video content in 2014, and that more than 50,000 authors have registered to produce online presentation content on the KnowledgeVision system. The company’s revenue grew by more than 68% year-over-year in 2014, and average account size increased by 75% over the last two years, reflecting its evolution to serving multiple functions throughout the enterprise.
Much of KnowledgeVision’s growth has come by winning head-to-head battles with older video presentation technologies such as those from Brainshark and Adobe. “KnowledgeVision is able to win competitive battles with an architecture designed from the ground-up for a video-ready, mobile-enabled, cloud-hosted world,” said Kolowich. “The result is an agile, flexible platform that meets a wide variety of business video needs.”
The KnowledgeVision team is mapping out an ambitious program of new products and features for 2015, including new mobile business video products as well as products for specific applications such as sales enablement, corporate learning, investor relations, and knowledge management. “Some of these products will be brought to market with channel partners who have complementary products and access to these markets,” said Kolowich.
The company is backing its efforts by doubling its sales team and opening a second sales office in Chicago, and is being fueled by a new round of growth capital in the coming weeks.
Finally, KnowledgeVision is seeking to acquire and/or join forces with like-minded, emerging companies who see the potential of business video to transform how companies learn, market, sell, and communicate.
About KnowledgeVision: the New Face of Business Video
KnowledgeVision Systems is creating a new video medium for business, by reinventing the business presentation for an online, on-demand, video-enabled, mobile, anytime/anywhere world. A Massachusetts-based company backed by GrandBanks Capital and Rand Capital (NASDAQ: RAND), KnowledgeVision offers a Software-as-a-Service solution that makes it easy to create, share, and track online video presentations.