IBC 2016: Asset management system provider TMD and its distribution partner ERA have entered into a joint venture to create a new cloud subscription service called Coeus.

Hosted in ERA’s UK data centre, it provides asset management applications which run on TMD’s Mediaflex-UMS platform.

The first service that will be offered is for cloud archiving through TMD’s Paragon media services application. It will provide a web client to allow users to manage, archive and restore their media content. A free trial will be offered this month. 

Other applications in the TMD range will be made available, such as OnPoint for post production, Chameleon for DAM and Aperture for ingest.

“Because this is targeted at media and production companies who want to be able to access their content, we have built the costs around moving and restoring large files cost effectively,” said TMD chairman Tony Taylor.

“Whereas downloads can be a significant cost with established cloud providers, we have been able to build a pricing structure which is very attractive. This is likely to be extremely practical for media companies who need content storage near at hand with easy access, but don’t want the trouble of maintaining a data infrastructure.” 

Sean Baker, commercial director at ERA, added: “We have considerable expertise in the underlying technologies that power the cloud and we have been successfully delivering outsourced services to our customers for many years.

“We are excited to now add TMD’s growing range of cloud media services to that platform.” 

ERA and TMD will be demonstrating Coeus at IBC.