Nov 5, 2020 | Business, Entertainment, Gaming, Tech
• MPEG-5 Part 2 LCEVC (Low Complexity Enhancement Video Coding) achieves ISO FDIS standard status (ISO 23094-2)
• Independently validated to deliver higher quality at up to 40% lower bitrates, LCEVC enhances the compression & computational efficiency of any codec on any device
• LCEVC is already being trialled by a number of companies spanning many industry verticals where high-quality, low-latency video is core to business success
V-Nova, a leading provider of video compression solutions, today announces a milestone achievement in MPEG-5 Part 2 LCEVC (Low Complexity Enhancement Video Coding) being promoted to MPEG/ISO final draft international standard. V-Nova co-chaired the standard’s development and contributed to the foundational technology upon which it is built.
MPEG-5 Part 2 LCEVC is the first internationally accredited enhancement standard for any existing and future video compression scheme. It enhances the compression performance of any base video codec (e.g., AVC, HEVC, AV1, EVC or VVC) and offers improved picture quality at up to 40% lower bitrates for both live and VoD delivery. Additionally, it provides a 2-4x improvement in encoding computational efficiency. LCEVC enables greener and more cost-effective video delivery workflows whilst maintaining compatibility with the device ecosystem of the enhanced codec. It empowers services to improve quality-of-experience for viewers without having to duplicate workflows or wait for device replacement cycles.
Guido Meardi, CEO and co-founder at V-Nova, says, “We are extremely proud to have contributed to this innovative standard, as part of such a successful collaboration with industry leaders. LCEVC is poised to immediately deliver a step-change in usage and profitability to a host of existing services. The standard has broad applicability, we are already seeing great traction and are committed to ensuring rapid adoption.”
In live sports delivery when serving millions of concurrent streams to all kinds of devices, LCEVC provides greater reliability, reducing buffering events and increasing quality. It also helps to minimize latency, facilitating new business models such as betting and other real-time interactivity applications.
Luis Vicente, Group CEO Eleven Sports; “As a leading global sports and e-sports media destination, we are extremely excited by the game-changing opportunities presented by MPEG-5 LCEVC. It will change the world of sports, media & entertainment video delivery, providing a better service at a substantially lower cost. I am also convinced that it will play an important role in our journey towards zero latency. We are definitely looking to become an early adopter.”
Hyper-scale operators like social media and e-sports platforms are also looking at LCEVC as a key tool to drive enhanced user experiences through higher-quality and faster stream start-up whilst also reducing per user costs.
Karam Malhotra, Global VP Revenues and Growth and CEO India, SHAREit; “As one of the world’s largest social networks, LCEVC provides us with the opportunity to drive growth and profitability, by increasing user engagement while reducing operating costs.”
LCEVC is enabling urgently required advances in video conferencing. These include remote surgery and training in the medical domain with higher-resolution video over the same bandwidth connection.
Dr Nadine Hachach-Haram, CEO/Founder of Proximie; “When you’re dealing with someone’s health like we do at Proximie, the quality and reliability of the video link is not an add-on, its paramount. MPEG-5 LCEVC can enable us to deliver global access to healthcare in a reliable, effective and cost-efficient way.”
For global broadcasting services, LCEVC is enabling a speedy, seamless and cost-effective upgrade to higher picture quality across all devices regardless of bandwidth.
Fathi Albatie, Broadcast Services Lead at Al Jazeera Media Network says; “LCEVC will become a cornerstone of video content distribution thanks to its compatibility with all baseline codecs (H.264, HEVC, AV1 etc.). I can see LCEVC shaking up the streaming business immediately.”
The ecosystem of LCEVC support is also building rapidly amongst a number of key industry vendors.
Thomas Kramer, VP Product at MainConcept, “We’ve evaluated LCEVC-enhancement with our AVC and HEVC encoders and have been very impressed by the results particularly for important new use cases like 8k delivery. LCEVC is the very definition of a future-proof technology by virtue of working with both existing and future codecs, and we look forward to further exploring its integration across our codec line-up.”
For more information, please contact info@v-nova.com
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About V-Nova
V-Nova, a London based IP and software company, is dedicated to improving data compression by building a vast portfolio of innovative technologies based on the game-changing use of AI and parallel processing for data, video, imaging, point cloud compression, with applications across several verticals.
This is achieved through deep-science R&D (300+ international patents) and the development of products that test, prove and continuously enhance the technology portfolio.
V-Nova LCEVC is the industry’s first highly optimized library for encoding and decoding enhanced video streams with MPEG-5 Part 2, Low-Complexity Enhancement Video Coding (LCEVC). V-Nova VC-6 is a high-performance AI-powered software library for SMPTE VC-6 (ST-2117) which is used primarily for professional production workflows and imaging applications.
V-Nova has developed multiple award-winning software products to kickstart the ecosystems for its technologies and allow their immediate deployment, addressing use cases in TV, media, entertainment, social networks, eCommerce, ad-tech, security, aerospace, defence, automotive and gaming.
V-Nova’s business model is to monetize its technologies through software licensing, IP royalties and product sales.
Press Contact
Page Melia PR
Becky Taylor
Tel: +44 (0) 7810 846364
Email: becky@pagemelia.com
Nov 5, 2020 | Tech
Toradex supports the design and development of secure, mission-critical embedded solutions using BlackBerry QNX
03 Nov 2020, Horw, Switzerland: Toradex AG (“Toradex”), an innovative leader in System on Modules, today announced that it will offer BlackBerry® QNX® software and services to its broad embedded customer base across North America, EMEA and APAC. Toradex joins the BlackBerry® QNX® Channel Partner Program, a worldwide network of value-added integrators, distributors and reseller experts trained on QNX technologies.
Under the agreement, Toradex will support BlackBerry QNX® Neutrino® RTOS on its Colibri iMX8X and Apalis iMX8X System on Modules (SOMs). This partnership will enable Toradex’s customers to build upon BlackBerry QNX’s embedded software foundation to develop secure and safety-critical solutions for the domestic and international markets.
“We partnered with BlackBerry QNX to give our customers simple access to a highly safe and secure OS, that is ideal for critical applications. QNX is a great match for our latest i.MX 8 based System on Modules with many features focusing on safety and security. The collaboration allows customers to get started with the QNX operating system in just a few minutes,” said Daniel Lang, CMO, Toradex.
“We are very pleased to welcome Toradex to the BlackBerry QNX Channel Partner Program,” said Dhiraj Handa, VP, Channel, Partners and APAC, BlackBerry Technology Solutions. “We look forward to helping their customers further accelerate the design, development, integration and testing of safety-critical embedded systems and devices.”
Toradex System on Modules (SoMs) are designed for demanding applications in verticals such as healthcare, industrial automation and transportation. The Apalis iMX8 features the NXP® i.MX 8QuadMax applications processor, and the Colibri iMX8X and the Apalis iMX8X are based on the NXP i.MX 8X applications processor. The i.MX 8 and i.MX 8X utilize the 28nm advanced FDSOI silicon process to increase MTBF and decrease soft error rates. All the modules come with Error-Correcting Code (ECC) memory on caches and the Apalis iMX8X also provides ECC RAM. ECC memory improves the reliability and simplifies functional safety certifications.
Join experts from BlackBerry and Toradex on Nov 5th for a jointly-led webinar on best practices for UX Design and how to build a safe and secure medical device, from the operating system on up.
To learn about the BlackBerry QNX Channel Partner Program, visit https://blackberry.qnx.com/en/partners/qnx-partner-directory
About TORADEX AG
Toradex is a global company headquartered in Switzerland. It is focused on offerings to make highly-reliable embedded computing easy. Toradex offers Arm®-based System on Modules (SoMs) and customized Single Board Computers (SBCs). These pin-compatible SoMs offer scalability and come with free premium support, long-term product availability and industrial-grade software such as Torizon.
Toradex products and services enable customers to achieve the lowest total cost of ownership. Since 2003, Toradex develops products used by more than 3000 customers, many of which are used in critical applications in harsh environments. All Toradex manufacturing partners are ISO 9001 certified.
https://www.toradex.com/
Media Contact: lakshmi.naidu@toradex.com
Nov 5, 2020 | Tech
Most logistics customers have four main business concerns; real-time tracking & monitoring of vehicles, predicting demand and optimization of vehicle requirements, and predicting vehicle failures. With the existing systems, they had no means to track their fleet of vehicles in real-time. It also lacked capabilities to track vehicle idling & fuel usage trends to optimize fuel consumption, making it impossible to set up a cost-effective fleet optimization engine. Unexpected failure/breakdown of vehicles resulted in a huge loss in vehicle productivity and maintenance costs and was time-consuming.
We were able to address these issues smartly with an efficient fleet management solution that utilizes diagnostic data of vehicles and drivers. The data was obtained from GPS enabled devices within the vehicles. The data collected was the vehicle speed, engine coolant temperature, RPM, trip mileage, hard acceleration/brake and engine idle time. By analyzing the collected data, a complete picture of real-time operations was made available. These insights helped them select the most appropriate route, maximize uptime, control costs, and reduce fuel; thereby boosting productivity, increasing operational efficiency, and optimizing fleet.
Other than the fleet related challenges which all regular fleet management solutions provide; our customer wanted to bring the entire ecosystem to provide a one stop solution for any logistics requirements. Their vision was to bring in all stakeholders including APMC Markets, Warehouses, SMB, Traders, Custom Clearance Agents, Ports, and Truckers on a single virtual platform. This will provide transparency and create an open marketplace for people to freely trade on demand.
Inovar with its team of architects was engaged to find out the best solution which can be provided at this scenario. We proposed a Microsoft Azure based system which utilized several services, such as IoT Hub, Event grid, Databricks for Cold path analysis and PowerBI for Hot path analysis. Additionally, we custom built a micro services-based platform which could handle all the requirements around onboarding, Marketplace, consignment booking etc.
For the optimizing algorithm to manage vehicle supplies we used Databricks to calculate and assign vehicles which will give us the fastest turnaround time reduce the number of vehicles required. The system went live with 1000 vehicles and was able to show case a 30% operating efficiency with 3 months of the launch.
About Inovar Consulting
Inovar is a digital transformation corporate consultancy headquartered in Hyderabad, India. We help organizations reimagine their business by building impactful Digital Transformation solutions powered by the latest technologies. Our highly experienced team members understand the need-of-the-hour better and with the help of Digital Transformation, provide state-of-the-art solutions to build trustworthy customer relationships.
For more info, visit https://www.inovarconsulting.co.in/our-works/ai-powered-fleet-management-solution/
Nov 5, 2020 | Business, Tech
-The agency will be responsible for a comprehensive social media strategy that will aim at establishing the brand amongst the youth.
Portronics, a pioneer in portable & innovative gadgets, awarded its social media mandate to Chimp&z Inc. As per the mandate, the agency will offer integrated digital services including handling the brand’s social media pages on Facebook, Instagram, Twitter, Pinterest and YouTube, crafting digital campaigns, strategizing influencer marketing, formulating content and creative solutions to drive organic traffic growth.
Portronics has launched over 1,600 products, including portable speakers, power banks, portable projectors and scanners, since its inception in 2010 and continues to be a pioneer of portable gadgets in the Indian market. Their goal is to design products that fit their customers’ needs, and also in their pockets. The brand’s partnership with the agency is based on a shared vision of amplifying brand recall and visibility within its target audience, especially the youth, using social media.
Angad Singh Manchanda & Lavinn Rajpal, Co-founders, Chimp&z Inc commented, “We are excited to have Portronics on board. Chimp&z Inc is determined to realize the brand’s vision of expanding its reach in the youth and remodeling a new line of communication for the brand in the digital space. Portronics has been a trusted name in the market for years now, and we plan to amplify the same by enhancing the brand’s recall value while making a conversation with its target audience.”
Speaking about the way forward with the new partnership, Jasmeet Singh, Co-founder, Portronics, said, “Being a prominent Electronics Consumer brand, we strive for the best visualization of our products and their usability. Chimp&z Inc’s vision aligns with ours and we hope to be able to broaden our horizon and create a customized consumer experience. Through our alliance with Chimp&z Inc, we aim to grow our brand’s digital presence and make our products more accessible to the Indian marketplace.”
Nov 4, 2020 | Business, Tech
London, United Kingdom: TEBillion announces an incoming feature update for its software suite, the TEB Cloud, a whole new and advanced management dashboard for business management.
In the coming update, TEB’s users will experience a simplified but advanced analysis and reporting of business health. The dashboard will be easier to navigate, and analytics are smarter than ever, providing nothing but accurate insights helping business administrators make important decisions.
One most anticipated feature on this update is the ‘Forecasting feature’ wherein businesses can get intelligent insights into how the business will do and its health in a calculated amount of time in the future. This will greatly help businesses stay ahead of the game in especially in terms of competition wherein every business is concerned these days. The business will then know what to expect in that amount of time in the future and plan ahead to guarantee the business’ growth no matter what challenges may come.
The TEB team is working diligently into completing this feature as soon as possible to ensure its users experience nothing but the most advanced, efficient, and streamlined automation tools for business development and success.
For more information about TEBillion and its products and services, contact:
Email: pr@tebillion.email
Website: www.tebillion.com
About TEBillion: TEBillion is a business automation software solutions company headquartered in the UK. Born in 2018, TEBillion aims to make high growth businesses successful with over a hundred handpicked partners serving customers, worldwide.
Nov 2, 2020 | Tech
London, United Kingdom: TEBillion, one of the leading business automation solutions providers, is giving its brainy software suite a huge and advanced feature update allowing its user network have a more personalised experience in using TEB Cloud.
TEBillion will soon introduce its Branded Orders feature, an advanced and customised feature for TEB Cloud allowing users to be able to create and edit professional order forms. This will streamline a company’s order form creating process since the creation of personalised branded orders will be done within TEB’s software suite, and of course, using intelligent automation.
This feature is anticipated to also reduce business expense in paying for physical order forms as the branded quotes created from the TEB Cloud will then be ready to send to clients in one click of a button. This will also allow a company to scale growth in terms of responsive rate in sending orders and quotes, thanks to TEBillion’s excellent expertise in intelligent automation.
TEBillion is adamant in capitalising on intelligent automation and finding more new ways in improving the technology to help businesses around the world reach their goals with easy, fully integrated, and streamlined automation tools.
For more information about TEBillion’s products and services, contact:
Email: pr@tebillion.email
Website: www.tebillion.com
About TEBillion: TEBillion is a business automation software solutions company headquartered in the UK. Born in 2018, TEBillion aims to make high growth businesses successful with over a hundred handpicked partners serving customers, worldwide.
