Vancouver, BC – August 31st, 2017 – MediaValet Inc. (TSX-V:MVP), a leading provider of cloud-based digital asset management (DAM) software, is pleased to announce that MarketsandMarkets has recognized MediaValet as an Innovator in its 2017 Competitive Leadership Map of the global digital asset management market. In their research, MarketsandMarkets highlights the strength of MediaValet’s product portfolio and business strategy.
According to MarketsandMarkets Global Forecast for the Digital Asset Management (DAM) Market, “DAM solutions and services are witnessing a rising demand across the globe due to the significant rise in digital assets across different industry verticals. Moreover, the increased spending on digital marketing by industries is also considered as a vital factor driving the growth of this market.”
MarketsandMarkets’ Competitive Leadership Map identifies the leadership position and strengths of key players in the global digital asset management industry, including both on-premise and cloud-based solutions. The generation of the Competitive Leadership Map is based on the extensive ongoing research and analysis efforts of MarketandMarkets’ analyst teams. The position of each DAM provider on the Competitive Leadership Map is determined from a ratings-driven quantitative process based on in-depth primary and secondary research of markets and competition.
“As the latest entrant to the enterprise DAM industry, we’re elated to be recognized by MarketsandMarkets as the leading innovator in the industry,” commented David MacLaren, founder and CEO of MediaValet. “Delivering exceptional user-experiences is at the core of our DNA. To achieve this, constant innovation and rapid development is essential. Thanks to Microsoft Azure and MediaValet’s unique architecture, we’re able to iterate multiple times per week. This pace of feature and platform development is one of our major competitive advantages and has enabled us to quickly achieve feature parity with many of the oldest and largest digital asset management solutions.”
Continued MacLaren, “We’ve come a very long way in a considerably short period of time. We see no end to the growth of the DAM market and the opportunity ahead of us.”
MarketsandMarkets estimates the global digital asset management market will grow, at of compound annual growth rate of 18.3%, from US$2.44 Billion in 2017 to US$5.66 Billion by 2022.
About MediaValet Inc.
MediaValet stands at the forefront of the cloud-based digital asset management industry. Built exclusively on Microsoft Azure and available on 40 Microsoft data centers around the world, MediaValet delivers unparalleled enterprise level security, reliability, redundancy and scalability while offering the largest global footprint of any DAM solution. In addition to providing all core DAM capabilities, MediaValet offers industry leading integrations into Slack, Adobe Creative Cloud, Microsoft Office 365, Oracle Marketing Cloud (Eloqua), Drupal 8, WordPress, Hootsuite and many other best in class 3rd party applications.
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For further information, please contact:
David MacLaren, CEO | [email protected] | Tel: (604) 688-2321
Babak Pedram, Investor Relations | [email protected] | Tel: (416) 644-5081
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