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Cloud migration knocks Netgem – gearing up for growth, cash down

Netgem’s evolution from a set top manufacturer to pure video software supplier has been a public ambition of the French vendor for some time, but is the company’s mixed set of full year results a sign of the initial cloud migration having a negative impact on business? More importantly, can vendors preparing to embark on a similar transition learn from Netgem’s story so far – in its mid-transition state? Netgem declared that before the close of 2018, its transformation to a full TV-as-a-service provider will be completed. We first learned of Netgem becoming a serious software player when it won a deployment at ZTE in May 2017 for Mexican ISP TotalPlay – its debut software licensing deal on third party…

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