tencent-cloud-ranks-as-the-no.-1-cloud-services-provider-in-media-services-market,-according-to-frost-&-sullivan

Tencent Cloud Ranks As The No. 1 Cloud Services Provider In Media Services Market, According To Frost & Sullivan

 

The cloud business of global technology company, Tencent, today announced that it has been recognised as the no. 1 services provider in the media services market, according to Frost & Sullivan’s 2022 Asia-Pacific (APAC) Media Service Market Report. The study, which gathers data insights across Singapore and eight other markets in the region[1], found that 33.4% of Media and Entertainment firms chose Tencent Cloud’s services to accelerate their digital transformation journey in order to meet their future media services needs ranging from content creation, processing, and transmission, to real-time communication, video-on-demand, live streaming, and more.

The Frost & Sullivan study mapped the competitive cloud media services landscape by evaluating cloud providers using three criteria — its application capability; which measures a provider’s industry coverage and experience; service capability, measuring a provider’s infrastructure quality; and ecological level, which measures a provider’s sourcing, integration, and distribution channels. Tencent Cloud was ranked as 1st across the application and services capabilities, and is in the first tier of the ecological level.

The report also revealed strong integration in Tencent Cloud’s end-to-end media services, such as the consolidation of network resources into the Tencent RT-ONE Network to improve customers’ operational cost efficiency, and out-of-box SDKs to improve usability and further lower the technical barrier for clients.

The APAC media services market size is projected to reach US$6,987 million in 2026, with a CAGR of 27% over the next four years. Additionally, the demand for audio and video solutions is expected to increase across a range of downstream industries, with the e-commerce sector showing the largest CAGR amongst other sectors including online gaming, media and entertainment, enterprise, and healthcare services.

Poshu Yeung, Senior Vice President, Tencent Cloud International, highlighted that media services have emerged quickly and are now becoming a cornerstone of the way we live and communicate today. “Leveraging Tencent’s two decades of experience in serving and connecting over a billion users around the world on its consumer-facing platforms, Tencent Cloud is in a strategically strong position to help enterprises achieve “Immersive Convergence”, a concept that combines technology and the innovative approach of integrating the digital economy and the real world for a seamless connection.”

Today, Tencent Cloud provides more than 400 technologies and connectivity solutions that support “Immersive Convergence” through its global infrastructure network, covering more than 26 geographic areas across five continents and 70 availability zones, with more than 2,800 acceleration nodes.

Driving the APAC Media Services Landscape with a Global Business Strategy

Yeung further shared that as Tencent Cloud is expanding its global footprint, the business will double down on its resources to focus on innovation. The cloud services provider is also looking to enhance its product capabilities and accelerate the international expansion of its core products for sustainable growth. Backed by a rapidly growing global partner ecosystem, Tencent Cloud collaborates with over 10,000 partners globally, and jointly serves two million customers in their digital transformation journey.

According to a report by IDCTencent Cloud has ranked 1st for the past five consecutive years in the Chinese market share as the top cloud provider of audio-video solutions. The company’s commitment to leveraging its leading position in the media services space is further highlighted in its recent launch of Tencent Cloud Media Services in December 2022. Its latest international audio and video brand seeks to help businesses enhance immersive audience experiences and create customised virtual worlds.

“The APAC region will remain our priority market for long-term business growth. While APAC observes a high demand from enterprises to SMEs seeking digital transformation solutions across industries, evidence shows that the APAC region is a promising market for media services, and is projected to grow nineteenfold from 2016 to 2026. It is also a region with the most video-on-demand subscribers,” Yeung added.

Carmen Zhu, Research Director at Frost & Sullivan, said, “Cloud service providers, like Tencent Cloud, are well-positioned to catch on with the growth opportunities in the media service market in APAC. Integrated technologies, one-stop service offerings, low-code platforms, and enterprises going global are all potential opportunities for media service providers. These solutions are essential for the region, where growth is expected due to favourable macro conditions, such as high internet and mobile penetration, and rapid GDP growth across APAC. The introduction of government policies has also helped in further developing the digital economy, expanding the market capacity of multiple segments.”

Tommy Li, Vice President, Tencent Cloud, shared, “With our wealth of practical experience and leading core technologies, we are looking to build on our strengths to further enrich our product offerings in “Immersive Convergence”, and support customers in conventional industries, as well as media & entertainment, gaming, Web3.0, and metaverse natives. From enhancing Cloud-native products, strengthening support for multi-Cloud and hybrid Cloud, to bringing mature, easy-to-use one-stop solutions overseas, our team will continue to develop more innovative products to complement existing cloud offerings, and meet today’s global demands.”

In media services, Tencent Cloud has made significant strides in supporting various regional and global enterprises to grow globally, including GE Healthcare, BeLive Technology, Mildom, MIXCHANNEL, Pokekara, and more.

tencent-cloud-steps-up-commitment-in-indonesia-following-launch-of-first-internet-data-centre

Tencent Cloud Steps Up Commitment in Indonesia Following Launch of First Internet Data Centre

 

Following the launch of Tencent Cloud‘s first Internet Data Centre (IDC) in Indonesia, local businesses across industries and fields have shown significant interest in utilizing the industry-leading cloud offerings the new infrastructure has brought about in the region. On top of the services already being provided by the first data centre, a second IDC in the country is also set to be put in place by the end of 2021, which will mark the first time for Tencent Cloud to establish two IDCs in one market within the same year.

Tencent Cloud is the cloud computing business of Tencent, a world-leading internet value added services provider with strong expertise in games, audio and video technologies, and FinTech services. With Tencent’s 20+ years of experience in technological innovation, a strong infrastructure foundation and an extensive global content delivery network, Tencent Cloud is poised to provide Indonesian customers with high-performing, easy-to-maintain, intelligent, and flexible cloud services:

Digital Assistant in Financial Services Industry

Tencent Cloud has provided significant support for the financial services industry, with products and solutions like the financially certificated distributed database TDSQL, eKYC, OCR as well as other AI technologies. Indonesian institutions such as Bank Neo Commerce and Bank Mega also incorporated TDSQL to their core system. This upgraded database constructed by Tencent Cloud will help address the challenges of digital transformation in Indonesia’s financial services industry, including insufficient data architecture, high-frequency transactions and data security, among other factors.

Media Solutions for All Industries

Livestreaming and video solutions are now widely used tools by various sectors such as social, pan-entertainment and live shows, OTT sports, gaming, e-commerce, education and financial services. Tencent Cloud has reached 90% of the audio and video customers in China and has provided complete video processing capabilities and various solutions in different areas. In IndonesiaGOX, the first Indonesia gaming live streaming platform, has started leveraging Tencent Cloud’s industry-leading streaming service and content delivery network to offer low latency, seamless and stable gaming content to millions of viewers in Indonesia and worldwide. Brands’ and companies’ customer engagement strategies, many of which involved Tencent Cloud’s solutions such as Live Video Broadcasting (LVB)Video on Demand (VOD); and Tencent Real-Time Communication (TRTC), have helped maintain a high level of engagement with their target audiences, such as the 127th, 128th and 129th China Import and Export Fair, Paris Fashion Week and the Global Tourism Economy Forum, among many others.

Game Solutions

Tencent Cloud also fits the bill for game developers looking for a high-quality cloud services platform with ultra-low latency, smooth sound quality, and anti-cheat measures. Some of its key game solutions include Game Multimedia Engine (GME), Game Server Elastic-scaling (GSE), Anti-Cheat Expert (ACE) and more.

Apart from its clients, Tencent Cloud also highlights how the company values its local partners, demonstrated in its work with Indonesian organizations such as Astrindo Starvision to promote cloud solutions in Indonesia and introduce its services to more enterprises in the country.

Poshu Yeung, Senior Vice President, Tencent Cloud International, said, “Tencent Cloud’s IDC in Indonesia has truly begun to shape the country’s move to further digitalization, which is evident in the growing number of clients, businesses and organizations that are achieving success through our high-quality products and services. Through Tencent Cloud’s safe, secure and reliable solutions as well as our invaluable experience across different industry sectors and industries, we look forward to working closely with our local partners and helping the country accelerate its digital transformation, which will be further boosted by putting a second IDC by the end of the year.”

With 24/7 security and infrastructure support, Tencent Cloud’s IDC in Indonesia attained certifications that prove its high-level safety and security standards, namely the Uptime Institute Tier III – Design & Facility, PCI DSS, ISO 27001, ISO 14001 and Indonesian national standard SNI.

Tencent Cloud is a secure, reliable and high-performance public cloud service provider that integrates Tencent’s infrastructure-building capabilities with the advantages of its massive user platform and ecosystem. Tencent Cloud provides global access and a rich array of services to governments and organizations that need advanced infrastructure and a resilient environment, such as those in the online games, live broadcast, and financial services sectors.

SOURCE Tencent Cloud

tencent-cloud-supports-world-rowing-to-deliver-virtual-indoor-rowing-championships-to-global-audience

Tencent Cloud Supports World Rowing to Deliver Virtual Indoor Rowing Championships to Global Audience

 

Tencent Cloud, the cloud business of Tencent, today announced its support to World Rowing, the international governing body of the sport of rowing, to deliver its first-ever ‘virtual’ sports competition in real-time to rowing athletes from around the world as well as global audience.

Both parties have also inked a Memorandum of Understanding (MoU) to deepen long-term collaboration which will strategically leverage Tencent’s enormous ecosystem and advanced cloud technologies.

As the exclusive cloud services sponsor of the virtual “2021 World Rowing Indoor Championships“, Tencent Cloud will provide global livestreaming, video-on-demand and other technological support for the event which will take place from 23 to 27 February.

Moving forward, World Rowing will also collaborate closely with Tencent Cloud to enhance live video production, signal-distribution, communication and promotion of World Rowing’s future sports events. This includes the 2021 World Rowing Championship in Shanghai in October through Tencent Cloud’s live video broadcasting solutions and well-established global infrastructure. Both Tencent Cloud and World Rowing also plan to build a stronger relationship by tapping into Tencent’s wider ecosystem overlaying social media, sports, e-commerce and more.

Poshu Yeung, Vice President of Tencent Cloud International, said, “The pandemic has completely changed the rules of the game in every single sector, and digitalisation has become more critical than ever. We are honored to leverage our expertise on this front to support World Rowing to present its first-ever virtual indoor championships seamlessly to audience worldwide. With our determination to explore closer and stronger collaboration in the long run, Tencent Cloud is dedicated to facilitating the digital upgrades of World Rowing, our valued partner in the sports industry.”

Matt Smith, World Rowing’s Executive Director, said, “Even though we are all facing challenging times, the Covid-19 pandemic has caused tremendous growth in our Indoor rowing community because it embraces not only ‘water’ rowers but many others who have taken up the sport for the great full-body health and fitness it offers. For the first time, our 2021 World Rowing Indoor Championships will be held virtually and, with Tencent Cloud’s support, we know that we can deliver a video production worthy of its Championship status. Our global rowing community is a strong and substantial one so we are very pleased and proud to now be joined by one of the world’s leading tech companies which will help us continue to grow and promote this great sport.”

Tencent Cloud is a secure, reliable and high-performance public cloud service provider with advanced infrastructure and a resilient environment. As proof of its wide range of market applicability and experience, among Tencent Cloud’s recent achievements in virtual conferences and events content delivery are its participation in the UNESCO Global Education Coalition, the United Nations 75th anniversary, the 127th China Import and Export Fair, Paris Fashion Week, the 4th World Intelligence Congress, the Global Tourism Economy Forum and Melon Music Awards 2020.

tencent-cloud-powers-up-global-tourism-economy-forum’s-first-ever-hybrid-edition

Tencent Cloud powers up Global Tourism Economy Forum’s first-ever hybrid edition

 

Tencent Cloud, the cloud business of Tencent, today announced its support of the Global Tourism Economy Forum · Macao 2020 (GTEF or the Forum), which will be held in a hybrid (online & offline) format for the first time ever under the “New Normal”, to break through geographical and time zone barriers for global audience. Hosted by the Secretariat for Economy and Finance of the Macao SAR Government, the 9th edition of GTEF will take place on December 9 under the theme of “Solidarity and Innovation: Reshaping Tourism in the New Global Economy”. The forum powered by Tencent Cloud will be presented in 3 main sessions starting with a GTEF Welcome Session from 12:15 to 14:30 (GMT+8), followed by the Main Program at MGM Macau to be live broadcast at GTEF official website from 14:30 to 19:15 (GMT+8). The entire program will be replayed from 12:15 to 19:15 (GMT+1) for global audience.

Norman Tam, General Manager, International Business Group of Tencent, said, “Going online has become more essential in sectors such as the MICE and tourism industries as the digital trend pushes further upward under the new normal. We are glad to extend our collaboration further with GTEF this year, providing broadcasting and online business matching solutions to help businesses in the travel and tourism sector to go global and be more connected. We look forward to enabling more organizations in the tourism sector and other industries to capture opportunities through Tencent Cloud’s advanced technologies and innovation in the future.”

Pansy Ho, Vice Chairman and Secretary-General of GTEF, said, “Due to the pandemic, this year’s planning efforts for GTEF have faced many challenges. But as an international tourism city, a World Centre of Leisure and Tourism, as well as a core city of the Greater Bay Area, Macao kept its promise in holding the GTEF annually. Such determination reflects GTEF’s commitment to maintain its responsibility towards global citizens, to promote Macao, its motherland, and the world’s sustainable development of the tourism economy. GTEF will continue on in full-force in the spirit of solidarity and innovation, using technology to hold a hybrid online and offline format to breakthrough geographical and time zone barriers, allowing attendees from all corners of the world to attend the Forum. Together, we join hands to explore innovative solutions, embracing the ‘New Normal’ of the tourism economy.”

Moderated by 4 celebrity hosts, Martina FuchsCarol YuLiu Xin, and Anita Mendiratta, the forum brings together more than 40 Chinese and international government, industry, and academic leaders to discuss the development of world tourism in the face of the pandemic and explore important insights and innovative technology on tourism under the “New Normal”. This year’s event marks the second collaboration between GTEF and Tencent Cloud since 2019. GTEF 2020 is utilizing Tencent Cloud’s live broadcasting and online business matching capabilities to bring the event to a wider audience in real time.

  • Live Video Broadcast and Video-On-Demand: Through Tencent Cloud, the GTEF will allow the conversation on tourism economy to go beyond geographical boundaries and provide businesses a way to go global more effectively. Integrated with the GTEF website, the forum programs will feature livestreamed video feeds in four languages, viewable by audience members from mainland ChinaHong KongMacaoAsia and all over the globe. The event will also be available after its live broadcast via video-on-demand.
  • Online Business Matching and Networking Platform: With business matching opportunities being an integral part of the annual GTEF, the segment is set to be held online this year leveraging Tencent Cloud’s solution, allowing businesses to connect without boundaries. Assuring higher efficiency, GTEF participants are able to register and make appointments as well as business matches on a dedicated online platform before the event. Successful matches will be notified via SMS, and would be made to conduct their online interaction via VooV Meeting, a seamless online conferencing tool powered by Tencent Cloud.

Through the support from Tencent Cloud’s innovative technologies, GTEF engages more industrial leaders to exchange insights on the global tourism development, reaches to global audience, opens up opportunities for local businesses to develop new partnerships and explores business leads in the industry around the world, remotely and seamlessly.