Benzinga | Jun 15, 2021 10:52AM EDT

Qumu Rolls Out 360 Video On Demand To Tap Remote Activity Trend

* Cloud-based enterprise video technology provider Qumu Corp (NASDAQ:QUMU) has introduced 360? video on demand (VOD) to the Qumu Video Engagement Platform.

* The platform enabled the creation, management, and delivery of live and on-demand video. It offered the users the tools for richer video content using the 360-degree VOD capability.

* The initiative aimed to capitalize on the work from wherever, whenever trend.

* The 360-degree video can significantly reduce the need for in-person inspections, meetings, and product launches while enhancing the viewer experience.

* Price action: QUMU shares traded higher by 2.73% at $3.49 on the last check Tuesday.