Posted on 28. Jul, 2008 by Brian Kirk in NetworkIP Blog
I commented last week on how many businesses are turning to innovative telephony services such as conferencing to avoid the high costs associated with employee travel. Today while reading about Netflix’s second-quarter net income, which climbed 3.8%, I thought to myself “How did they do it?”
In the middle of googling for other reports about Netflix it hit me – technology is saving their business!
As the price of gas continues to rise, so do the cost of going to the movies. As a result, more consumers are staying at home to watch movies & many of them are renting those movies through Netflix. Unfortunately for Netflix, higher fuel prices are also driving up the costs to deliver movies to the consumer’s mailbox. Netflix’s margin is already pretty thin & those margins can be completely eaten up if you have a consumer base that is exchanging movies almost as fast as they get them. Netflix’s subscritpion model allows their users to exchange as many movies as he/she wants per month & their subscription fee stays the same. This model works very well for the consumer & until recently worked for Netflix too.
Rather than drastically changer their model & risk loosing existing subscribers, Netflix responded with an innovative solution using technology to their advantage. This new solution actually provides more to the consumer & cleverly works in Netflix’s advantage too!
First Netflix began offering a “Watch Instantly” option from their website. Users were allowed a certain amount of hours per month to watch streaming movies to their PC for free. Netflix realized very quickly that this feature resulted in the shipment of less movies to their consumers because they were watching more movies on-line. The costs for Netflix to offer live streaming videos versus mailing movies was significantly less & they quickly removed any maximum on the amount of viewing hours they offered to their users in hopes that the number of shipments required would continue to drop while usership would continue to rise.
Netflix also just announced a deal with Microsoft to stream movies directly to a user’s Xbox 360 game console. It obvious that Netflix is looking to offer their consumers as many options as possible to view movies as long as it doesn’t involve shipping that movie to the consumer. Again, the rationale being that as more users view their movies on-line, the less likely they are to order their movies through the mail & the net result is higher margins & ultimately more profits for Netflix.
Each day I imagine more things that companies can do with technologies to save their company time, money, & resources. One of my greatest pleasures at work is seeing so many companies actively taking advantages of the technologies that we & Jaduka have developed to save money & improve their business processes with communications.
Brian Kirk
VP Business Development
NetworkIP & Jaduka
Posted on 14. Jul, 2008 by NetworkIP in Press Release
Longview, Texas (July 14, 2008) – NetworkIP®, a leading provider of innovative telephony and stored value services, has partnered with Dialogic® to expand its carrier-grade telephony platform in ways that meet a growing demand for its voice, data and IP services.
NetworkIP helps companies quickly bring to market low-cost, next-generation telephony and Internet stored value products incorporating Long Distance Dialing, Web and Audio Conferencing Services, Voice Mail, International Call Back, and VoIP.
NetworkIP award-winning technology delivers the best combination of usagebased pricing, integrated prepaid services and features, call quality, and management control. Customers can create customized individual and business telephony services; provide automated alerts; manage surveys, promotional messages and other audio marketing services; and administer account information and transaction history for a variety of applications. In addition, through its Jaduka subsidiary, companies and web developers can harness communications and technologies to enhance user experience and improve business processes, resulting in greater customer satisfaction and employee productivity.
NetworkIP CEO Pete Pattullo said, “Since day one, NetworkIP has developed innovative and reliable voice services using hardware technologies provided by Dialogic. This partnership enables us to expand our platform and build new technologies that meet and exceed the demands of both NetworkIP and Jaduka customers.”
Jim Machi, Senior Vice President of Marketing for Dialogic added, ”NetworkIP’s decision to move forward with Dialogic both validates and strengthens our value
proposition to our customers who are looking to rapidly deploy innovative voice services in a variety of TDM, hybrid and IP network environments. We congratulate NetworkIP on the expansion of their platform and wish them continued success.”
For more information visit www.NetworkIP.net.
About NetworkIP
NetworkIP is changing the way businesses and people grow and enhance their connections. Since 1998, the company has delivered patented and best-in-class
telephony and stored value technologies, systems, and integrated services that ensure reliability, minimize complexity, and increase profitability. A privately held
company and a leading provider of telephony and stored value solutions, NetworkIP sets industry standards for quality, integrity and functionality. For more
information on how to enhance your valued connections, please visit: www.NetworkIP.net.
About Dialogic Corporation
Dialogic Corporation is a leading provider of world-class, innovative technologies based open standards that enable innovative mobile, video, IP, and TDM solutions for Network Service Providers and Enterprise Communication Networks. Dialogic’s customers and partners rely on its leading-edge, flexible components to rapidly deploy value-added solutions around the world. Headquartered in Montreal, Canada, Dialogic and its subsidiaries have over twenty offices worldwide, providing local presence, knowledge and support to serve its customers around the globe. Dialogic’s research and development centers are located in Parsippany, New Jersey; Buffalo, New York; Needham, Massachusetts; Hyannis, Massachusetts; Salem, New Hampshire; London, England; Dublin, Ireland; and Stuttgart, Germany as well as Montreal. Information about Dialogic is available at www.dialogic.com.
Posted on 14. Jul, 2008 by NetworkIP in Media Coverage
Telephony and stored value services provider NetworkIP announced signing of a partnership agreement with Canada-based Dialogic, in order to expand and enhance the company’s carrier-grade telephony platform.
NetworkIP is a privately held company that offers telephony and stored value solutions. The company provides patented technologies, systems, and integrated services.
NetworkIP helps its customer companies to bring low-cost, next-generation telephony and Internet stored value products to the market. Some of the Internet stored value products include long distance dialing, Web and audio conferencing services, voicemail, international call back, and VoIP.
Dialogic is a provider of innovative technologies that are based on open standards. These standards enable innovative mobile, video, IP, andTDM solutions for network service providers and enterprise communication networks. The company’s customers and partners have been relying on its cutting edge and flexible components to rapidly deploy value-added solutions across the globe.
NetworkIP’s Jaduka subsidiary helps customer companies and Web developers to reap benefits of both communications and technologies, in order to enhance user experience and even improve business processes. This ensures enhanced customer satisfaction and employee productivity.
Dialogic will be utilizing NetworkIP award-winning technology that delivers a combination of usage-based pricing, integrated prepaid services and features, call quality, and management control.
With NetworkIP’s technology, customers can create: customized individual and business telephony services; enable automated alerts; manage surveys, promotional messages and other audio marketing services; and even administer account information and transaction history for various applications.
NetworkIP CEO Pete Pattullo said in the statement: “Since day one, NetworkIP has developed innovative and reliable voice services using hardware technologies provided by Dialogic. This partnership enables us to expand our platform and build new technologies that meet and exceed the demands of both NetworkIP and Jaduka customers.”
Jim Machi, Senior Vice President of Marketing for Dialogic, said in the statement: “NetworkIP’s decision to move forward with Dialogic both validates and strengthens our value proposition to our customers who are looking to rapidly deploy innovative voice services in a variety of TDM, hybrid andIP network environments. We congratulate NetworkIP on the expansion of their platform and wish them continued success.”
Written by: Jayashree Adkoli
Originally published at: http://education.tmcnet.com/topics/articles/33937-dialogic-helps-networkip-expand-its-telephony-platform.htm