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NETIA Announces Stellar Financial Gains In 2010

Their gains in 2010 despite a down economy has set up the company up for further growth in 2011.

NETIA has announced that 2010 represented the company’s best year yet, despite the chilling effect of the challenging economic climate.

Significant gains in revenue, new hires in executive and engineering roles, and the extension of its content management system (CMS) to a broader client base all position the company for further growth in 2011.

“We’re already seeing the benefit of the past year’s success,” said Christophe Carniel, NETIA CEO and president.

“The influx of customer orders shows that we’ll soon be deploying product across a broader range of industries and geographic regions, and our growing engineering and sales teams are working to ensure we can deliver the robust solutions required by our expanding customer base.”

In 2010 NETIA realized a 47-percent increase in revenue compared with 2009, and this growth was the direct result of the company’s success in the media asset management (MAM) market.

As a GlobeCast subsidiary, NETIA has been able to leverage synergies in marketing, sales, and deployment, in turn bringing more comprehensive solutions to more customers more efficiently.

Engineering staff at NETIA’s Claret headquarters increased substantially over 2010, as many of the company’s 22 new hires are developers in R&D. In 2011, the company has continued to hire in key positions, adding five new staff in the first two months of the year.

Collaboration between R&D staff at NETIA and GlobeCast will also fuel corporate growth, enabling rapid product development and faster time to market for new features and functionality.

Critical product developments in 2010 included an interface that connects NETIA’s industry-leading Radio-Assist™ digital audio software suite with its new CMS, thus providing customers with complementary solutions for streamlined management and delivery of audio and video assets.

Further refinement of the CMS, originally commissioned by France Telecom Orange, will enable NETIA to deliver custom solutions to organizations including the Belgian National Archives, TV Centre in Russia, the BBC, and Bollywood network B4U among others.

As the media industry’s convergence continues, the flexibility of Radio-Assist and NETIA’s CMS enable the company to meet broadcasters’ and telcos’ needs with agile solutions that integrate and interface well with their existing systems.

NETIA used 2010 to extend not only the functionality of its products, but also the reach of its distribution network. The company targeted Latin America and Eastern Europe, and today fully trained distributors are representing NETIA products in those regions, complemented by the GlobeCast network of distributors.

NETIA Website

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