Ericsson Unveils Virtualized Encoding System
STOCKHOLM -- In Ericsson's (Nasdaq:ERIC) vision of the Networked Society there will be 50 billion connected devices by 2020, 15 billion of which will be video enabled. The proliferation of these devices, combined with consumer willingness to pay for high quality, premium content, is resulting in a new age of TV Anywhere. Today's TV service providers must deal with an ever-growing level of infrastructure complexity to deliver high quality video anywhere, anytime and to any device, faster than their existing and new competitors.
As they strive to address consumer demand for TV Anywhere, TV service providers have had to make choices between balancing investment, architecture and video compression performance with their multi-screen video processing deployments. This has been especially true as service providers look to address both linear and live TV services and the rapid growth of on-demand services.
In response to this, Ericsson is launching Ericsson Virtualized Encoding, the industry's first unified software solution designed to remove the complexity of TV Anywhere video processing. The new solution is completely task and service-oriented, intelligently allocating resources and simplifying the process of selecting the right encoding method and platform based on the operator's priorities for deployment speed, video quality and output. It eliminates complexity, enables more efficient resource utilization and bandwidth management and bridges the gap between broadcast and IT infrastructures, allowing deployment of enhanced TV services much more quickly.
Ericsson AB (Nasdaq: ERIC)