New technologies disrupted the traditional pathways of media and entertainment success—changing how content was created, delivered, enjoyed, and paid for. Today’s audiences have more options, convenience, and control over their consumption; and today’s media companies must adapt to the constant changes or risk obsolescence. As the lines between media segments blur, there remains a common goal to create captivating content in an engaging audience experience that generates profit. AI technology is helping media companies deliver more personalized, more engaging, and more profitable experiences. AI is now providing a means to unlock enterprise efficiency, increase productivity, and reduce costs. Microsoft is enabling media companies to leverage this era of AI to transform the future of creativity, content, and experiences.
I am excited to attend IBC2023: The Worlds Leading Content and Technology Event, in Amsterdam from September 15 to 18, 2023. Microsoft empowers media and entertainment organizations to achieve more through a trusted and secure platform for content production, content delivery, audience engagement, and media asset monetization.
Experience the future of media, entertainment, and technology first-hand.
Media companies are looking for solutions to stay competitive as technology evolves at an unprecedented pace. This is especially true in the field of generative AI. From generating realistic images and videos to enhancing customer experiences, generative AI has proven to be a versatile tool across the industry. Businesses are applying generative AI algorithms to design logos and product visuals, as well as to produce captivating social media content—automating the creative process and saving time and resources. It also assists in automating IT tasks, enhancing employee experiences, improving customer interactions, and boosting efficiency within a company’s developer community.
Generative AI enables media companies to reach larger audiences and overcome language barriers by enhancing language translation and natural language processing capabilities. Reliable automated support for employees results in improved efficiency, better work life, and lower operational costs.
Nota has used Microsoft Azure OpenAI Service to build two AI-assisted tools—SUM and VID. These tools do a lot of the heavy lifting needed to optimize stories for distribution and turn written pieces into engaging videos that can produce up to 10 times as much revenue as written pieces.
Come and see Microsoft and our partners showcasing the power of AI in our booth (#7.A43, in Hall 7).
Avid will demonstrate the newly launched Avid Huddle, an interactive over-the-shoulder review and approval app for Microsoft Teams, where users can enable a distributed production staff to collaborate from any device anywhere at any time. Editors can now initiate a Teams session from within Media Composer, invite others on the production team to securely join the session, and start collaborating with time-stamped comments and drawings that, once the session is finished, can be imported into Media Composer where the editor can quickly make the appropriate adjustments. Production is accelerated through virtualized interactive reviews that can be scheduled at any time or frequency, all while the production team stays in the creative process, enabling faster time to market finished content.
Microsoft is one of eight finalists in the IBC Accelerator Media Innovation Programme. The project “Connect & Produce Anywhere” intends to build a distributed edge and cloud computing system to remotely produce a live sports event. By deploying 5G for connectivity and utilizing software, the project aims to make the most efficient use of resources in bandwidth-constrained locations. The aim is to detach software from hardware and deploy a distributed computing architecture between ground and cloud—exploring the benefits, challenges, and sustainable potential of such an approach.
As media organizations pursue the transition to a cloud-first future, Microsoft will continue to help our customers navigate the blurring lines between broadcasting, commerce, engagement, and gaming.
Our commitment to innovation in media extends beyond IBC2023 and around the world. Get the latest updates and thought leadership on our dedicated media Twitter channel. Learn about Azure OpenAI Service and the latest enhancements.
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Source: Microsoft Industry Blog