Nxtedition, founded in 2012 and headquartered in Sweden, is a privately owned company with less than $1 million in revenue as of 2022. It employs a team of 10 individuals and is a subsidiary of Boffins Technologies. The company specializes in providing virtualized solutions for various stages of the video production process. Their offerings are built on a microservices-based architecture and encompass newsroom control and automation systems, media asset management tools, transcoding capabilities, video playback and recording functionalities, and graphics production tools.
Nxtedition, an innovator in live production environments, showcased its microservices-based approach to storytelling at IBC 2024 (13-16 September). Visitors experienced a fully automated XR mixed reality studio gallery using a VR headset. At CABSAT 2024, Nxtedition demonstrated its latest advancements, including AI integration of Llama 3 LLM and cutting-edge virtual reality studio control. The company also showcased a fully automated AR studio gallery in a VR headset at MPTS 2024 (15-16 May). These events highlighted Nxtedition's commitment to pushing the boundaries of storytelling technology.
Nxtedition offers products in the media tech industry. Nxtedition's product portfolio comprises of live production, production and post production and video processing and playout.
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Nxtedition's revenues were less than $1M in 2022. Caretta Research has split Nxtedition's revenue into 3 different product categories, the largest of which is news production systems (NRCS and NPS). For full access to Nxtedition's revenue breakdown subscribe to Caretta Portal.
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Nxtedition's customers primarily consist of streaming services companies. Examples of Nxtedition's customers include Expressen, BBC Studios and Nordisk Film TV. Nxtedition has partners like Adobe.
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