Panopto wins two awards through SIIA Innovation Incubator program

Pittsburgh, Pa., December 2, 2010—The Education Division of the Software & Information Industry Association (SIIA) has announced the results of its Innovation Incubator program, held in conjunction with the 10th annual Ed Tech Business Forum in New York City. For the first time in SIIA’s history, one product swept the honors as “Most Innovative Product/Service” and “Product Most Likely to Succeed in the Education Market.”

SIIA members and event participants selected Panopto Focus as the top choice in both categories among 34 product entries and eight finalists. Panopto’s products and services serve the corporate, government, healthcare, and education markets with innovative knowledge capture software. Â The product empowers users to capture and broadcast lectures, mini-lessons, training sessions and presentations with slides, audio, video and screen capture components. It includes sophisticated search and archiving capabilities as well as note-taking features to maximize learning time, productivity and learner achievement.

“We are incredibly honored to receive this award from SIIA and from the Ed Tech Business Forum, says Eric Burns, co-founder and CTO for Panopto. It’s gratifying to see such strong validation of our efforts to bring powerful, easy-to-use capture and search technology to everyday users, whether they’re knowledge workers in corporations or instructors at universities. Panopto’s goal is to change how people think about knowledge capture and communication, and we hope this award means that we’re succeeding.”

Assessed based on key selection criteria, this year’s group of finalists showcased a ‘sea change’ in thinking and the potential to positively impact education and training by way of improved comprehension and learning achievement, teaching effectiveness, cost reduction and efficiency. Panopto Focus provides corporations and institutions ways to significantly enhance customer experiences, deliver consistent training and communications, and develop groundbreaking new product models using Panopto technology.

According to Karen Billings, Vice President for SIIA’s Education Division, “The finalists and Winner of the Innovation Incubator Program showcase how passionate individuals can create original and market-changing technologies. These innovations will help educators and enterprises, worldwide, offering technology-rich learning environment they need to be successful in the 21st century.”

As it looks to 2011, continued global growth is expected for Panopto. “With collective knowledge and intellectual property representing the most important asset in the portfolio of virtually every business and institution, Panopto will continue to serve its expanding global customer base as more and more organizations discover the power of our software and its highly engaging and efficient way of leveraging video and other digital assets”, says Steve Zlotnick, President of Panopto.