Future of Harmonic | Quantumrun

Future of Harmonic

The Harmonic Inc. corporation is a U.S. based technology company, which has developed and marketed server, storage, and video routing products, especially for those companies that process, produce, and share video contents for the Internet and television.

Home Country: 
United States
Industry: 
ICT - Broadcast and Media segment
Industry vulnerability to disruption: 

<p>Belonging to the media sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:</p>

<p>*First off, the cultural shift among Millennials and Gen Zs toward experiences over material goods will make travel, food, leisure, live events and especially media consumption increasingly desirable activities.<br />
*By the late 2020s, virtual reality (VR) and augmented reality (AR) will reach a level of market penetration significant enough for media companies to start shifting sizeable resources into content production for these platforms.<br />
*By the late 2030s, the widespread popularity of VR and AR will shift the public’s media consumption tastes away from voyeuristic storytelling (traditional movies and television shows) to participatory forms of storytelling that immerses the content consumer by allowing them to influence the content they experience—kind of like being an actor in the movie you’re watching.<br />
*The shrinking cost and versatility of artificial intelligence systems, combined with the increasing computational capacity of future quantum computing systems, will drive down the cost of producing higher budget looking content, especially for future VR and AR platforms.<br />
*All media will eventually be delivered primarily through subscription based platforms. Everyone will pay for the content they want to consume.</p>

Total patents held: 
310
Ranking List: 
693
Ranking List: 
2017 Quantumrun Global 1000
450
Ranking List: 
2017 Quantumrun US 500
83
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
0.42
Market country 
Other
Revenue from country 
0.58
Prod/Serv name revenue: 
Prod/Serv name: 
Video
Prod/Serv revenue: 
351489000
Prod/Serv name: 
Cable edge
Prod/Serv revenue: 
54422000
Founded: 
1988
Company Name: 
Harmonic
Sector: 
Revenue: 
405911000
3y average revenue: 
405498333
Operating expenses: 
267786000
3y average expenses: 
239121667
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
1376
Domestic employee count: 
507
Number of domestic locations: 
1
Funds in reserve: 
55635000
Investment into R&D: 
98401000
create term: 
#693 | 2017 Quantumrun Global 1000
#450 | 2017 Quantumrun US 500
#83 | 2017 Quantumrun Silicon Valley 100

The Harmonic Inc. corporation is a U.S. based technology company, which has developed and marketed server, storage, and video routing products, especially for those companies that process, produce, and share video contents for the Internet and television.

Home country:
United States
Sector:
Media
Industry:
ICT - Broadcast and Media segment
Website:
Founded:
1988
Global employee count:
1,376
Domestic employee count:
507

Financial Health

Revenue
$405,911,000 USD
3y average revenue
$405,498,333 USD
Operating expenses
$267,786,000 USD
3y average expenses
$239,121,667 USD
Funds in reserve
$55,635,000 USD
#1 Market country
United States
% of revenue from country #1
0.42%
#2 Market country
Other
% of revenue from country #2
0.58%

Asset Performance

#1 Product/Service/Dept. name
Video
#1 Product/Service revenue
$351,489,000 USD
#2 Product/Service/Dept. name
Cable edge
#2 Product/Service revenue
$54,422,000 USD

Innovation assets and Pipeline

Investment into R&D
$98,401,000 USD
Total patents held
310
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the media sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the cultural shift among Millennials and Gen Zs toward experiences over material goods will make travel, food, leisure, live events and especially media consumption increasingly desirable activities.

*By the late 2020s, virtual reality (VR) and augmented reality (AR) will reach a level of market penetration significant enough for media companies to start shifting sizeable resources into content production for these platforms.

*By the late 2030s, the widespread popularity of VR and AR will shift the public’s media consumption tastes away from voyeuristic storytelling (traditional movies and television shows) to participatory forms of storytelling that immerses the content consumer by allowing them to influence the content they experience—kind of like being an actor in the movie you’re watching.

*The shrinking cost and versatility of artificial intelligence systems, combined with the increasing computational capacity of future quantum computing systems, will drive down the cost of producing higher budget looking content, especially for future VR and AR platforms.

*All media will eventually be delivered primarily through subscription based platforms. Everyone will pay for the content they want to consume.