AMPD Ventures Inc announced that it has entered into a referral agreement with Parsec Cloud Inc.
The Parsec agreement, which is an initial step towards an anticipated broader collaboration between the two companies, will bolster AMPD's Virtual Studio offering with Parsec’s remote access virtual desktop infrastructure (VDI) technology.
“Parsec and AMPD share the vision that digital content creation should be able to happen from any device in any location using seamless, powerful cloud infrastructure to both create and deliver latency-sensitive, real-time applications of today and tomorrow,” said Anthony Brown, CEO of AMPD in a statement.
“We are excited to enter into a formal relationship with Parsec through which AMPD customers can benefit from Parsec’s amazing technology and add Parsec to our growing roster of industry-leading partnerships as we continue to develop the High-Performance Edge," he added.
Parsec's ultra-low latency streaming technology has been designed to enable anyone in the world to remotely interact with real-time 3D content and empowers some of the world's most inspiring and creative companies to freely work and play from anywhere, on any device, on their own terms, AMPD noted.
Under the agreement with Parsec, AMPD customers will be able to enjoy significantly enhanced levels of ultra-low latency connectivity to AMPD Virtual Workstations and other components of AMPD Virtual Studio - an integrated suite of fully composable, private cloud-based solutions designed to create the ultimate 'infrastructure-less’ studio for digital content creators.
AMPD noted that the VDI market is estimated to reach $30 billion by 2026, up from $11 billion in 2020, representing a compound annual growth rate of 17% over the forecast period.
Alex Jenyon, co-founder and CEO at Bunker Digital, a rapidly expanding Vancouver-based digital content creation studio and an early adopter of the AMPD Virtual Workstation solution that utilizes Parsec, said: “AMPD Virtual Workstations, coupled with Parsec’s technology, are an ideal solution for a small but growing studio like ours. The scalable computing environment allows us to conserve resources while still giving our team fast, responsive access to the powerful machines they need - wherever they want to work.”
Benjy Boxed, CEO of Parsec added: “AMPD and Parsec share a common mission and vision: to empower the next generation of creators.
“Our joint partnership will give creatives worldwide access to our remote ultra-low latency technology, so they can work from any workstation, anywhere.”
Contact the author at jon.hopkins@proactiveinvestors.com