What They Say
V-Nova said that it has made “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 per cent lower bitrates for both live and VoD delivery. Additionally, it provides a 2-4x improvement in encoding computational efficiency.
What We Think
I think this is interesting technology. V-Nova had something of a reputation for not really revealing how its codec technology worked, which made a lot of people doubt that it really worked, but the firm’s demonstrations were always great. You can get some background here. We have published 73 articles on the firm since 2015 and it’s gratifying to see the firm get technology into a formal standard at this level and that its technologies are not ‘smoke and mirrors’. (BR)
How LCEVC works. Click for higher resolution.
