Draft:VITEC

VITEC is a private technology company established in 1988. It is currently based out of its headquarters in Chatillon, France, with other offices across several continents, including North America, Europe, the Middle East, Africa, and Asia Pacific. It designs, develops, and sells IPTV technology to a range of industries, including corporate, broadcast, government, and military.

The company was founded by Philippe Wetzel in Chatillon in 1988, and he currently serves as President. The company expanded and transitioned from providing computer dealers with products to industrial markets in 2001, seeing a return on investment in video innovation.

Many of VITEC’s products and solutions have become industry leaders in terms of build quality and hardware processing, and they have become standouts in the market.

History
The company was founded in Paris, France, in 1988 by now President Wetzel. By 1989, it had introduced its first product, a video capture card for PCs, to the market. In 1992, VITEC developed the first MPEG-1 encoder for microcomputers and continued to lead the development of the newest VVC codecs (H.266).

Between 1993 and 2000, VITEC grew the PC board market and tripled revenues during this 7-year period. Within this timeframe, in 1995, VITEC began exporting outside of France after winning awards throughout the decade, as well as having the very first frame-accurate MPEG editing software.

At the turn of the millennium, VITEC expanded to industrial markets and furthered profits. This included moving away from home user markets of computer dealers to professional markets with system integrators and OEMs.

2010 saw a pair of acquisitions for VITEC, integrating Optibase and Focus/Como, expanding the range of products and solutions for VITEC to offer and distribute. This includes MPEG encoders and decoders, IPTV solutions, smart cameras, and Media Asset Management technology.

In 2015, they then introduced first HEVC hard encoder (Ace) which quickly became a standout in video quality available in the market.

VITEC then launched an initial line of openGear compatible encoder and decoder cards for the Broadcast market in 2019 and acquired T21 as broadcast market penetration the same year. 2020 saw the company commit to going Carbon Neutral with the GreenPEG initiative. This was launched to optimise MPEG technology by addressing and minimising the size, weight, and power of devices that contribute to energy consumption and the resulting emissions.

In 2021, VITEC acquired Exterity to create a global IPTV and digital signage conglomerate with the aim of accelerating growth and strengthening its leadership position. A focus on natural technology and customer synergies between the two companies enables VITEC to extend its reach into new geographies, market verticals, and partners.

At the 73rd annual Technology & Engineering Emmy Awards ceremony, VITEC was presented with a 2022 Technology & Engineering Emmy® Award in the “Management of IP Multicast Video Distribution to Desktops and TVs in News & Media Production Facilities” category for its EZ TV IPTV Platform and its significant impact on users in the television space.

Products & Services
VITEC offers video technology solutions for various industries, including corporate, broadcasting, military, sports, and accommodation. They offer a range of hardware and software for video encoding, decoding, transcoding, archiving, and streaming through IP.

End-to-end video streaming solutions enable businesses across industries to capture TV and video content directly from any source and manage its delivery. This can then be distributed in environments through channels connected to devices in an existing network or digital signage screens.

VITEC offers its IPTV platform, which acts as a combination service suite and includes content management, digital signage, video streaming and archiving, and video wall processing. Their solutions offer three pillars to meet customer needs:

•	Scalability – Easily deploy content with forward-thinking engineering that provides built-in sustainability components for energy-efficient cost savings.

•	Flexibility – Allow customers to manage IPTV configurations from an intuitive central system with a modular design that delivers a variety of options.

•	Reliability – Leverage IT networks without overtaxing resources in a very secure environment. VITEC is an approved partner with numerous industry technology partners and standards.

Visions & Values
VITEC’s vision, mission, and values focus on driving innovation in video technology while being customer driven to understand their needs and continue providing industry leading video technology.

From VITEC’s website, their vision is to “build a brighter video future for the world and beyond”, with a mission to “master video technology to pioneer innovative streaming solutions” and values that remain “customer-driven”.

VITEC has also established its sustainability and efficiency concerns with their five-point GreenPEG Strategy. This includes:

•	Modernising facilities – high-performance heat pumps reduce consumption while Photovoltaic panels and next-generation batteries provide power to their buildings.

•	Streamlining logistics –strategically assessing the locations of manufacturing facilities, warehouses, and distribution centres to minimise transportation costs and emissions.

•	Embracing energy-efficient design principles – VITEC is now integrating eco-friendly rules into its design control process. Optimising their software and hardware architectures is the most efficient way to reduce our product footprint.

•	Focusing on product recycling – significant savings and reductions in environmental impact are achieved by using materials that can be easily and inexpensively transformed and reused.

•	Implementing real-time energy monitoring and controls – providing customers with an ongoing window into the power consumption of VITEC products and the tools to adjust performance and power utilisation.