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Net Insight’s Sye shows signs of life as live OTT sales soar 400%

Net Insight’s investments in Sye – its live OTT technology – are beginning to pay dividends as the Swedish video synchronization specialist reported a remarkable 433.9% increase in the Streaming Solutions segment for the first nine months of 2019 to $0.9 million. Faultline has reiterated in recent years that certain Net Insight technologies have appeared ahead of the curve and therefore virtually bereft of customer demand. Is Sye’s time now? Admittedly, Sye accounted for just 2.5% of sales in the third quarter, rising by 181.6% from a year earlier, but this is up significantly from the 0.9% contribution to total net sales in the same period last year. Investments in Sye have come at the cost of sizable net losses…

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