4 Ways multi-tenancy revolutionizes video platforms

Article11th June, 2024
  • Multi-tenancy

In an era dominated by digital content consumption, the demand for innovative video distribution solutions has never been higher.

According to a report by Grand View Research, the global video streaming market size is expected to reach USD 223.98 billion by 2028, exhibiting a CAGR of 21% from 2021 to 2028. This exponential growth underscores the significance of agile and scalable video distribution solutions like multi-tenancy.

What is multi-tenancy and how is it different from single-tenancy?

Multi-tenancy in video distribution refers to a software architecture that allows multiple users or "tenants" to share a single instance of a video platform while maintaining isolation and security.

Traditionally, each client or business unit would require its own separate instance of the video platform (single-tenant), leading to a complex and resource-intensive setup. However, with multi-tenancy, organizations can streamline operations by consolidating their infrastructure and providing a shared platform for all tenants. This approach offers several benefits, including reduced costs, simplified management, and enhanced scalability.

Difference between single-tenant and multi-tenant. Single-tenant uses a decentralized approach (Each user has a separate, dedicated instance of the platform/service) whereas multi-tenant uses a centralized approach (Multiple users use a shared, centrally managed platform/service) 

In the world of video distribution and over-the-top (OTT) streaming, the shift from single to multi-tenant architectures represents a significant advancement in efficiency and effectiveness. Unlike single tenancy, where separate instances of the platform are required for each client or business unit, multi-tenancy offers a centralized approach that streamlines operations and reduces costs.

By adopting multitenancy, organizations can transform their video platforms, delivering content more efficiently and effectively to their audiences. This approach allows for easier scaling, customization for diverse markets, and the advantage of continuous support and updates, all without the complexities of managing multiple deployments.

Benefits of multi-tenant solution for your OTT platform

Now, let's delve into the advantages of multi-tenancy integration and how it can set your OTT platform apart from the competition:

1.      Multi-tenancy helps you gain competitive edge with rapid deployment strategies:

Multi-tenancy enables organizations to deploy new projects with remarkable time-to-market efficiency. Imagine a scenario where a media company needs to launch a new streaming service to capitalize on a trending event or emerging market opportunity. With multi-tenancy, they can leverage a shared infrastructure and pre-configured environments to accelerate the rollout of their video platform. This means they can go from concept to a market-ready product in a fraction of the time it would take with traditional deployment methods.

For instance, a sports broadcasting company could quickly launch a dedicated streaming platform for a major sporting event, capitalizing on the excitement and demand of fans worldwide.

The importance of rapid deployment cannot be overstated in today's fast-paced digital landscape. Studies have shown that agile organizations, capable of quickly deploying new projects and adapting to market changes, are 2.2 times more likely to be top performers in terms of financial outcomes. This underscores the critical role of multi-tenancy in enhancing agility and gaining a competitive edge.

2.     Multi-tenancy can be cost effective & maximize profitability:

As mentioned above, multi-tenancy can often be less expensive than single-tenancy due to its shared infrastructure and centralized management approach. With multi-tenancy, multiple tenants share a single instance of the platform, reducing the need for separate infrastructure, maintenance, and support for each tenant. This consolidation of resources can lead to significant cost savings, as organizations can benefit from economies of scale and avoid the overhead costs associated with managing multiple deployments. In fact, studies have shown that companies utilizing multi-tenant solutions experience  a 56% decrease in infrastructure costs and a 72% reduction in downtime compared to traditional single-tenant setups.

Additionally, multi-tenancy empowers organizations to maximize profitability by optimizing their investments. By consolidating resources and minimizing overhead costs associated with individual deployments, companies can redirect their resources towards innovation, content creation, and enhancing user experiences.

Let’s say, a media conglomerate managing multiple content channels can streamline its operations and reduce costs by leveraging a single, centralized platform for content distribution. This allows them to invest more in producing high-quality content, engaging their audience, and driving revenue growth.

3.     Multi-tenancy enables the expansion of services and offerings:

Multi-tenancy simplifies the expansion of services and offerings across diverse markets. Whether catering to different geographical regions, niche audiences, or specific content verticals, organizations can multiply their offerings with ease, catering to evolving consumer preferences.

This streamlined approach eliminates the need for separate deployments or infrastructure for each market, saving time and resources. With multi-tenancy, organizations can customize their services to meet the unique needs and preferences of different markets, audiences, or content verticals, driving engagement and loyalty.

For example, a video-on-demand (VOD) platform can easily curate content libraries to include titles that appeal to specific demographics or cultural interests, attracting a wider audience and driving subscription growth.

4.     Multi-tenancy empowers seamless scaling with continuous support:

Seamless scaling with continuous support is one of the hallmark advantages of multi-tenancy that sets it apart from traditional single-tenant deployments. Multi-tenancy enables video platforms to effortlessly accommodate spikes in user traffic and scale their infrastructure dynamically to meet demand. This scalability is crucial for organizations experiencing growth or increased demand for their content.

During peak usage periods, such as live events or the release of highly anticipated content, multi-tenancy allows video platforms to maintain optimal performance and reliability.

For example, imagine a streaming service broadcasting a major sports event or the premiere of a popular TV series. As viewers flock to the platform to watch the event live, the platform experiences a surge in traffic. With multi-tenancy, the infrastructure can automatically scale up to handle the increased load, ensuring a seamless viewing experience for millions of concurrent users.

Moreover, multi-tenancy facilitates continuous support and product evolution, further enhancing the platform's scalability. By leveraging a shared infrastructure, organizations can benefit from ongoing updates, upgrades, and enhancements without disruptions. This ensures that the platform remains robust and up-to-date, capable of meeting evolving user expectations and technological advancements.

Alpha Networks: Empowering OTT platforms with multi-tenancy

At Alpha Networks, we recognize the transformative potential of multi-tenancy in reshaping video platforms.

Alpha Networks’ Gecko's multi-tenancy feature enables efficient management of B2B2C models, where platform owners serve as content aggregators for multiple tenants. With this feature, master tenants have full autonomy over shared content, while individual tenants can customize their experience with their own content sources.

Wrapping up

By embracing multi-tenancy, video platforms can unlock new opportunities for growth, innovation, and success. Whether it's accelerating time-to-market, maximizing profitability through innovation, amplifying services and offerings, or seamlessly scaling with continuous support, multi-tenancy empowers organizations to stay ahead of the competition and deliver exceptional experiences to their audiences.

Ready to revolutionize your video platform with multi-tenancy? Contact Alpha Networks today to learn more about our cutting-edge solutions and how they can empower your video project for success.

Multi-tenancy
Share this article

Prepare to share your content with top-notch products.

Take control of your content and share it with the world. Be part of the TV revolution today.

Talk to an expert