NECF Launches AI-Powered Platform to Utilize Underutilized Production Resources

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NECF Launches AI-Powered Platform to Utilize Underutilized Production Resources

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NECF has launched MediaXBook, an AI-powered platform to utilize underused production resources and generate revenue in the global media and creator production market. The platform matches idle resources with companies in need, offering cost reduction and new revenue streams while streamlining production capacity for various industry sectors.

Networked Everywhere Connected Forever (NECF) has unveiled MediaXBook, an AI-driven marketplace aimed at leveraging idle operations centers, dormant cloud time, and other underused production capacity to generate revenue. The platform, targeting a market exceeding $500 billion in global media and creator production, introduces the industry’s first AI-driven trading desk for media capacity.

MediaXBook automatically matches unused resources worldwide, such as temporary satellite capacity and specialized production talent, with companies in need, facilitating cost reduction and creating new revenue streams for content owners and distributors. The platform caters to various sectors including news, broadcast, sports, live events, film studios, corporate entities, non-profits, and content creators, enhancing production efficiency and enabling cost and time savings in live and scripted environments.

“MediaXBook monetizes previously dormant assets,” stated Princell Hair, NECF’s Chief Operating Officer. The patented AI solution offers scalability to the industry, allowing resource providers to profit from downtime and professionals to execute high-quality work remotely, eliminating the costs and logistical challenges of equipment shipping or crew travel.

With decades of live production experience, NECF is well-positioned to provide essential on-demand infrastructure. Its AI capabilities cater to the evolving needs of global audiences while optimizing the use of globally networked media production resources. The MediaXBook marketplace is currently in private beta, with global partners expected to join this quarter. NECF is seeking partnerships with video production service providers, broadcasters, corporate video entities, content creators, and investors interested in expanding this innovative model across various industries with unused capacity.

For more information, visit NECF’s website.

Disclaimer: This article has been auto-generated from a syndicated RSS feed and has not been edited by Vitrina staff. It is provided solely for informational purposes on a non-commercial basis.

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