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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Magisto Named a “Hot Vendor” by HFS Research

February 27, 2019

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb 27, 2019--Magisto, a leading provider of A.I.-powered video creation and marketing solutions, today announced their inclusion as a “Hot Vendor” by HFS Research in their Q4 2018 report. Based on rigorous assessment, HFS Hot Vendors are service and technology providers hand-picked by HFS analysts to help companies flesh out their smart ecosystem with offerings that solve today’s complex business problems and exploit market opportunities.

“We highly regard our inclusion as an HFS Hot Vendor and consider it an excellent testimony to our mission of providing entrepreneurs and organizations of all sizes with simple ‘videofication,’” said Oren Boiman, CEO of Magisto. “As was predicted, video is now essential to meeting customer expectations in almost every organization, but efficient solutions to creating video content are almost all lacking in some way (customization options, distribution, etc). With artificial intelligence, video generation is now accessible and realistic for organizations of any budget and size, and we hope this inclusion lets more businesses know how easy the adoption can be for them.”

According to HFS Research, “ Hot Vendors display truly differentiated offerings and out-of-the-box thinking that can be both inspiring and useful.” Only five companies, Magisto included, are recognized in the Q4 2018 Hot Vendors report.

With the recent launch of a Strategic Partnership Program, Magisto aims to solve video creation and distribution at scale for organizations of all sizes through integration with its A.I.-powered video platform.

For more information about the Strategic Partnership Program, visit: www.magisto.com/partners.

About Magisto

Magisto is an A.I.-powered video creation and marketing platform, used by over 80k businesses and 100M people, to simply and intuitively create effective branded video content in minutes. Designed by entrepreneurs for entrepreneurs, Magisto products use A.I. to streamline video creation and optimize content to support growth through social media marketing. Magisto also partners with leading MarTech and e-commerce platforms and marketplaces looking to benefit from the videofication of content on their sites. Magisto is available for iOS, Android, the Web and through an API. For more information, visit magisto.com, or find us @magisto.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190227005192/en/

CONTACT: 104 West Partners for Magisto

Kelli Flores, 210-288-3642

press@magisto.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY INTERNET AUDIO/VIDEO SOCIAL MEDIA COMMUNICATIONS MARKETING

SOURCE: Magisto

Copyright Business Wire 2019.

PUB: 02/27/2019 11:00 AM/DISC: 02/27/2019 11:01 AM

http://www.businesswire.com/news/home/20190227005192/en