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home / articles / AVID - Avid Unveils Innovations at IBC2023 Show to Drive the Open and Collaborative Future of Media Production | Benzinga


AVID - Avid Unveils Innovations at IBC2023 Show to Drive the Open and Collaborative Future of Media Production | Benzinga

  • BURLINGTON, Mass., Sept. 12, 2023 (GLOBE NEWSWIRE) -- This week at the IBC2023 show, Avid® (NASDAQ:AVID) will debut a range of new software products and solutions that empower video and audio media creators in television, film and news with enhanced collaboration and open, integrated workflows.


    "At IBC2023, the industry will see how Avid is continuing to drive innovation that enables our customers to stay ahead of the accelerating demand for content and positively transform the way they produce premium content for news, sports, dramas, and films," said Tim Claman, SVP & General Manager, Video & Media Solutions, Avid.

    Powering creativity through AI
    For more than a decade, Avid has delivered innovative adaptations of artificial intelligence (AI) technologies that accelerate creativity and enhance efficiency. IBC2023 demonstrations will show how the company's technology roadmap is accelerating new applications of AI that unleash creative intelligence with a human-in-the-loop approach. Demonstrations will include:

    • Avid's next-generation ScriptSync® AI, now available as a preview in Media Composer® 2023.8. This powerful solution leverages AI speech-to-text technology, enabling editors to easily generate transcripts and automatically align media clips to scripts and transcripts—all from an integrated window inside Media Composer.
    • Avid's new Media Composer PhraseFind™ AI, also available as a preview in Media Composer and powered by AI speech-to-text, enables editors to easily search for clips using keywords, supporting automatic detection of 21 languages, with more language support to come.
    • Avid will demonstrate several previews of AI innovations across its product portfolio aimed at accelerating productivity and creativity, as well as prototypes and thought leadership from the company's Research & Advanced Development (RAD) lab.

    Empowering digital-first newsrooms
    Avid continues to elevate its comprehensive, scalable and integrated news solution that empowers news teams all across the globe with easy collaboration from anywhere and rapid distribution of their content everywhere. Demonstrations will include:

    • Avid's breakthrough Avid | Stream IO™, a powerful, software-based production ingest and playout solution for cloud and COTS deployments.
    • Avid's new MediaCentral | Acquire™ software solution for scheduling media ingest, with real-time ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: Avid Technology Inc.
    Stock Symbol: AVID
    Market: NASDAQ
    Website: avid.com

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