At IBC 2024 in Amsterdam, Qvest launched Qspaces, a customizable Solution-as-a-Service (SolaaS) designed to help media companies navigate technological transformations, manage costs, and achieve sustainability goals.

With the media and entertainment (M&E) sector under growing pressure to embrace cloud technologies, AI, and sustainability, companies are grappling with challenges to maintain operational efficiency while reducing their carbon footprints. According to a recent IABM report, 80% of M&E organizations lack the necessary IT expertise to keep pace with these rapid technological changes.

Qspaces addresses this gap by offering a comprehensive service that extends Qvest’s systems integration expertise. It provides media companies with flexible, scalable solutions that support technological transformation—from design to operations—while enabling businesses to maintain focus on content creation and distribution. Qspaces also supports modern business models, allowing companies to shift from capital expenditure (CapEx) to operational expenditure (OpEx), thereby enhancing financial flexibility.

Streamlined Solutions for Cloud and Virtual Media Infrastructure

Qspaces consolidates leading media infrastructure components into a single Solution-as-a-Service package. This includes advanced security, technical support, and compliance services, ensuring that media companies can seamlessly align their strategic goals with operational efficiency. By adopting Qspaces, businesses can drive technological advancements, improve operational performance, and reduce their carbon footprint.

“Qspaces offers more than just individual cloud-based solutions,” said Dr. Frank Hoffmann, Principal at Qvest. “We provide a holistic, comprehensive service that allows our clients to streamline their processes, optimize costs, and accelerate their time-to-value. Our approach is centered on continuous optimization, ensuring operational flexibility and performance. We want our clients to focus on content, while we take care of the technology.”

According to the company, these are the key features of Qspaces:

Qvest’s solution is designed to operate in hybrid, single, or multi-cloud environments, offering a tailored service package with the following benefits:
– Rapid resource allocation based on business needs
– Multi-vendor management
– 24/7/365 monitoring and support
– Global support network
– Transparency tools for performance and cost management

Qspaces was officially introduced at IBC 2024 in Amsterdam.