Are you thinking about setting up a video-on-demand (VOD) service? If so, you have certainly made the right choice. Video on demand service (VOD) is a booming business in the U.S. that offers customers a subscription-based service for accessing unlimited videos on demand rather than having to watch a video at a specific broadcast time.
The biggest obstacle in implementing a VOD service is not lack of capital or content, but lack of knowledge about infrastructure needed to stream videos to the customers. In this article, we will provide you complete detail about starting a video on demand service using minimum capital expenditure.
Video On Demand Service: An Overview
VOD or video on demand service allow users to select and view videos when they want instead of watching them when they are broadcasted. An IPTV (internet protocol television) system is used to stream videos to the customers’ TV and personal computers.
IPTV is a system that allows delivery of video content using IP (internet protocol) suite over a packet switched network such as internet or LAN, rather than satellite or cable. Unlike traditional video broadcast methods, IPTV allows streaming of videos in small batches directly from the source. Due to this, the client can start playing the movie before it is fully transferred. This process is known as streaming video.
IPTV is distinguished from internet television through its preferential deployment scenarios in subscriber based telecommunication networks using high speed access channels. The video is transmitted using a set top boxes or other equipment installed at the customers end.
System Requirements for Video On Demand
You can start a video on demand service with zero capital expenditure paying only for the bandwidth utilized. A number of end-to-end platform and services are available that does all the technical work in setting up a VOD platform. Using the video on demand platform services, you can focus on generating quality video content and making money.
Muvi Studio is one of the best video on demand platform for streaming videos to the customers. You can launch your VOD service instantly with the Muvi VOD platform. The video streaming platform takes care of everything from payment gateway, DRM, video hosting, video player, templates to maintenance.
No capital expenditure is required for purchasing bandwidth or expensive hardware for video streaming. You can save time to market and get the VOD site like Hulu or Netflix up and running within minutes.
Muvi utilizes leading cloud infrastructure via Amazon Web Service to deliver infinite scalability and unlimited storage. The VOD platform supports million of traffic and views without having to worry about bandwidth and maintenance issues. Moreover, DRM encryption technology ensures consistency of the business model across diverse applications and devices. The VOD platform allows you to customize the entire website or mobile app to match the feel and look of your brand by changing logo, color scheme, and much more. Other powerful features of the Muvi on-demand platform are detailed as follows:
- PaaS (Platform as a Service) model that features Apps, Webhosting, Storage, Servers, Security, Bandwidth, CDN, User Management, Database and other marketing tools
- Unlimited Video Storage
- Classification of videos as either with Episodes (TV shows) or standalone (Movies)
- Geographic blocking of content
- Smart TV app
- Mobile app (Android and iOS)
In the end, we can say that video on demand is a fledgling business in the U.S. The best thing about the setting up a VOD service is that it requires no large capital investments. You just have to develop a business plan with a business for the product, the audience that you will target, and let the VOD platform handle all technical issues for you.