Can you translate this CEO talk for me?

[geogphotos]

I like to keep my eye on industry news by visiting the BAPLA site from time to time.

 

I have read through this several times and visited the websites of the two companies. I am not really much the wiser.

 

I think that Image Data Systems is some sort of image aggregator so perhaps our images already end up with them? Never heard of them before. Uk based and been going for 30 years.

 

https://bapla.org.uk/fadel-acquires-uk-based-company-image-data-systems-ids/

 

 

FADEL®, innovator of brand compliance, rights management and royalty billing software, today announced the acquisition of Image Data Systems (IDS). IDS brings over 30 years experience in image and video management providing production agencies and media publishers with a fast and scalable cloud-based content services platform. Our combined solutions will broaden our cloud platform offerings to deliver content services, licensing and rights management, digital content tracking and sophisticated AI powered image and video search and recognition. Our end-to-end brand management and compliance solutions deliver significant advantages to global marketing departments at major brands worldwide. Additionally, IDS’ PictureDesk service arms content consumers, brand managers and editors with a photo marketplace featuring over 100 million licensable images.

 

 

Any idea what this actually means? Does it have relevance to us at Alamy?

[wiskerke]

Here's a video explaining their main product.

IDS is a software as a service provider. Their main product seems to be a aggregator for stock images called Picture Desk. No idea if Alamy is available through them.

 

-Today, IDS PictureDesk boasts a searchable photo archive of more than 150 million images and receives around 40,000 images daily from over 150 different supplying agencies specialising in news, celebrity, studio, fashion, creative and archive.

The IDS app allows IDS PictureDesk users to login and view the latest content on the go.
IDS also provides DAM solutions, our new services include IDS Pages as well as our IDS Adobe CC Extension - access IDS content and functions via InDesign, Photoshop and Premiere.

 

wim

[John Mitchell]

It's all corporate gobbledygook to me, but it probably means that someone else wants a slice of the ever-shrinking pie. 🍕

[geogphotos]

I find it interesting that all this is about RM. We are so often led to believe that RF is now totally dominant.

 

Yet here are two obviously successful businesses doing well out and expanding based on managing image rights to those that want it. 

[John Mitchell]

37 minutes ago, geogphotos said:

I find it interesting that all this is about RM. We are so often led to believe that RF is now totally dominant.

 

Yet here are two obviously successful businesses doing well out and expanding based on managing image rights to those that want it. 

 

But who profits from these "amazing experiences"?

[Robert M Estall]

I very much doubt it's the likes of any of us romping to the bank

[John Mitchell]

On 09/10/2021 at 09:02, wiskerke said:

Here's a video explaining their main product.

IDS is a software as a service provider. Their main product seems to be a aggregator for stock images called Picture Desk. No idea if Alamy is available through them.

 

-Today, IDS PictureDesk boasts a searchable photo archive of more than 150 million images and receives around 40,000 images daily from over 150 different supplying agencies specialising in news, celebrity, studio, fashion, creative and archive.

The IDS app allows IDS PictureDesk users to login and view the latest content on the go.
IDS also provides DAM solutions, our new services include IDS Pages as well as our IDS Adobe CC Extension - access IDS content and functions via InDesign, Photoshop and Premiere.

 

wim

 

 This does sound like it could be a useful product for image buyers.

 

It seems almost too good to be true. But then I'm always mistrustful of slick presentations... 😮