V-Nova announces first implementation of upcoming standard MPEG-5 Part 2 (LCEVC) as part of its P+ SDK

V-Nova, a leading provider of video compression solutions, today announced the 3rd generation of its multi award-winning portfolio of video distribution enhancement technologies, called P (previously PERSEUS Plus). The solution will be demonstrated at IBC 2019 on Stand 14.A07 in Amsterdam (September 13-17).

The LCEVC standard is soon to be published as Draft International Standard. When enhanced with LCEVC, any existing encoding pipeline - using codecs such as AVC/H.264, HEVC, VP9 or AV1 and in the future VVC - will achieve the same or better quality as a next-generation codec at the same bitrate and at up to 4x lower computational complexity.

P incorporates fully optimized encoding and decoding for the upcoming MPEG-5 Part 2 (LCEVC) standard which is set to transform the codec landscape by providing operators a way to deploy substantially better video quality with lower encoding costs to existing (and future) workflows. The software-oriented implementation also means that P will continuously optimize its implementation to benefit different solutions.

P represents the culmination of years of research and advancement said Guido Meardi, CEO and co-founder at V-Nova. We have implemented a broad range of new features and optimizations. Most importantly, it includes the world's first implementation of MPEG's most exciting new standard, MPEG-5 Part 2 (LCEVC), a brand new approach in video compression, demonstrating its benefits and ease of adoption. Unlike a typical codec standard rollout, due to the software nature of the approach, operators and broadcasters will be able to deploy LCEVC immediately.

I invite visitors at IBC to come and witness the enhancements that our P implementation of LCEVC can provide to any existing codec workflow

P is available as a containerized transcoding microservice, as an SDK for x86 (Linux, Windows), ARM (Android, iOS), FPGA and HTML5 scripted decoding, pre-integrated into a number of open-source options (including FFmpeg) and also directly from the V-Nova Platform in AWS.

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