IPTV/OTT platforms are in demand among businesses as they bring many profits. Consumers can watch movies, tutorials, and shows of various genres. Businesses can use IPTV/OTT platforms for various purposes: from sharing their experiences to teaching their audience.
In this article, we will discuss what makes IPTV/OTT platforms beneficial and why they are the future of TV.
All video streaming platforms use a specific delivery method so that a consumer receives a video on a device. These delivery methods include cable, satellite, IPTV, and OTT. The video platforms that use streaming solutions IPTV and OTT as delivery methods are in greater demand among consumers than those using cable or satellite. That’s why businesses invest in developing IPTV/OTT services. What’s the difference between them?
What is IPTV technology? IPTV (Internet Protocol Television) uses a closed network to deliver videos to end-users. The closed network allows only users having access to it to view content on a platform for video streaming. IPTV means that the content will be of high quality.
What is OTT technology? OTT (Over The Top) uses the Internet to deliver video content to consumers. OTT allows viewers to watch content on any device, even when they are on their way to work or sitting in a cafe. The only thing a user needs is an internet connection. Along with the convenience the Internet brings to users, it will also define the quality of a video. The worse the user’s Internet connection is, the lower the quality of a video.
Four Key Features of IPTV/OTT Platforms
IPTV/OTT platform providers usually create a white-label solution that can be customized according to your brand colors and fonts. So, with little effort, you receive a completely adjusted to your brand message platform for video streaming.
The monetization models that IPTV/OTT platforms offer are AVOD, SVOD, and TVOD. You can receive revenue either by showing ads to consumers, requiring a monthly or yearly fee, or allowing users to pay only for a movie or serial season they want to watch. Each of these models will bring money. But it’s better to test all of them before deciding which one suits you best.
The IPTV/OTT platform providers develop the applications for smartphones, tablets, laptops, and Smart TVs. It means that users can access their favorite videos on any device as long as they are connected to the Internet. Some of the devices are portable, which means that viewers consume content while they are on the road or in a cafe.
The software necessary for providing video content to users usually comes with analytics features. It can provide you with deep insights into consumers’ preferences and behavior. You will identify the videos in demand and those that don’t interest people at all.
Why is IPTV/OTT the Future?
There are five reasons why:
- Consuming content online is already a daily life.
- The video streaming services offer more diverse content at lower prices compared to traditional TV.
- Users access videos when they want without a common schedule.
- The video streaming providers have all tools at their disposal to enhance IPTV/OTT services and meet consumers’ demands.
- Video streaming services have IPTV/OTT platform providers who release them from investing in hardware and software development.
The main advantage of IPTV/OTT is simplicity both for consumers and content makers. Consumers need to have an Internet connection and pay for access, while companies need to contact an IPTV/OTT platform provider and have one with no additional investments in infrastructure, development team, and software maintenance.
IPTV/OTT streaming platforms are popular among consumers of different ages, interests, and life values. All business industries are going online to make extra revenue and build closer relationships with customers with the help of video streaming.
Due to their convenience for both sides, the IPTV/OTT services will go far in the future.