- Microsoft (MSFT +0.8%) launches Stream, a video product geared for internal business and commercial purposes. It is being reported as having a feel similar to consumer video offerings such as YouTube and Vimeo with like, comment and recommendation features although with added security necessary for enterprise use.
- Cases are being cited for internal organization communication use as well as training purposes.
- Corporate VP of Business Intelligence Products Group James Phillips tells TechCrunch the service may support speech-to-text, advanced translations, face recognition and live streaming at some point in the future.
- Enterprises will have the ability to flexibly and securely manage video rights and access.
- A Microsoft Stream API will also be available, allowing developers to build out new uses for the platform.