SDMC and Tencent Cloud join hands to launch cloud-based SaaS video streaming services to expand business globally
- 30 Apr 2020
- 1082 Read
Leveraging SDMC's experience in OTT industry and Tencent Cloud's technologies to provide services for OTT operators over the world
SDMC, a global leader in the field of Digital TV, today announced the signing of a Memorandum of Understanding (MOU) with Tencent Cloud, the cloud computing arm of Tencent, to expand their businesses in the cloud-based video streaming markets globally. Leveraging SDMC's profound experience and knowledge in the OTT (over-the-top) industry and Tencent Cloud's advanced technologies, both parties are officially launching the SDMC XMediaTV Cloud, a cloud-based SaaS video streaming solution to provide services for OTT operators around the globe.
The signing of the MoU by David Li,
CEO of SDMC, and Tommy Li, General Manager of Video Department
at Tencent Cloud, officially marks the start of the close
collaboration between the two parties to jointly strengthen their commitment on
product development and further grow their businesses in the global
(Left: David Li, CEO of SDMC; Right: Tommy Li, General Manager of Video Department at Tencent Cloud)
Statistics show that the demand for cloud-based video streaming services has been increasing, with video now being a mainstream, powerful and effective communications medium. It is crucial for OTT operators in particular to deploy cloud-based solutions in order to swiftly start their OTT services with a relatively low investment cost, as well as to scale their cloud services up and down with great flexibility to accommodate their business development.
Leveraging the expertise and technological resource of both SDMC and Tencent Cloud, the launch of SDMC XMediaTV Cloud will offer solutions to integrate the ecosystem of OTT and Smart Home businesses. While SDMC provides the hardware and applications OTT as well as media resources management systems, Tencent Cloud offers audio and video AI&SDK, global cloud resources and digital content including videos, cloud gaming and IOT Smart Home solutions, among others.
With SDMC XMediaTV Cloud, OTT operators will no longer need to spend months purchasing servers and customizing products as they could set up and activate an OTT video service in a few minutes and configure their cloud set up flexibly, significantly quickening the whole development cycle. In the future, users around the world will not only be able to watch various video programs on big TV screens, but will also have access to cloud gaming, search, shopping, and even Smart Homes operation.
SDMC and Tencent Cloud will work closely to expand their businesses in the global markets. David Li, CEO of SDMC, said, "SDMC has currently served over 200 operator customers, covering over 100 million households around the world. Through this collaboration, we could introduce Tencent Cloud's high-performing products to our operator customers, and therefore greatly enhance their service capabilities and profitability. What's more, the video AI technology, Extreme Speed High Definition technology as well as Tencent's cloud gaming service will also help boost our overall competitiveness."
Poshu Yeung, Vice President of Tencent's International Business Group, said, "Tencent Cloud provides global access to customers who need advanced technologies and a resilient environment. We are delighted to collaborate with SDMC in bolstering the abilities and efficiencies of the OTT industry via our cloud technologies, which are certified by a wealth of internationally recognized compliance standards. We look forward to deepening our relationship with SDMC and further expanding our businesses across the globe through this collaboration."