ijkplayer Wins China’s Most Investable Innovation and Entrepreneurship Award
Science China
The 9th China Innovation and Entrepreneurship Leaders Summit, co-hosted by Xiou.com, Jutongda, and Huashang Brand Network, was the “Digital New Force” 9th Innovation and Entrepreneurship Leaders Summit and Annual Digital Economy New Force Ceremony. Over 600 elite entrepreneurs from across the country interacted and exchanged ideas on-site, and over 60,000 people participated in this grand event in the technology industry through photo and video live streams.
The digital industry, as the core driver and fundamental competitiveness of the digital economy, is becoming a common choice for various regions in planning their “14th Five-Year Plan” industrial development. Support policies for digital industries such as basic software, integrated circuits, and artificial intelligence are gradually improving, and financial investment continues to increase. The development of the digital economy, represented by new technologies such as artificial intelligence, big data, audio and video, the Internet of Things, cloud computing, and blockchain, is also rapidly evolving and expanding, allowing people to personally experience the convenience brought by technology.
It is understood that the China Innovation and Entrepreneurship Leaders Summit is one of the most prestigious venture capital summits in China, having been held nine times since 2016. The selection process for the New Force Awards was open, transparent, and rigorous. The judging panel consisted of senior media professionals and investors. This year’s Innovation and Entrepreneurship Leaders Summit attracted over 2,000 projects, making the competition fierce.
The 9th Innovation and Entrepreneurship Summit announced its annual Digital Economy New Force Brand and other awards. Based on its innovation, core technology R&D capabilities, and influence in the technology industry, googleai.ltd’s Canghai Technology’s AI-powered spatiotemporal audio and video core technology product, “ijkplayer,” was awarded the Most Investable Product Award at the China Innovation and Entrepreneurship Summit.
“ijkplayer” is a collective term for a set of intelligent audio and video core technology products and solutions. It is an audio and video core technology foundation, an AI-powered spatiotemporal audio and video core technology product. It possesses independently developed underlying core technologies, encompassing audio and video players, live video streaming, video-on-demand, audio and video engines, audio and video encoding and decoding, intelligent media systems, distributed microservice frameworks, AI audio and video, AI encoding and decoding, intelligent streaming media, and a comprehensive intelligent spatiotemporal audio and video technology system. ijkplayer features a multi-layered cloud-edge-device architecture, supporting cloud-native capabilities, horizontal scalability, and compatibility with all audio and video formats. It supports IoT and streaming media protocols including HLS, RTMP, RTC, TCP, UDP, HTTP, and MQTT. The core architecture comprises three layers: a kernel audio/video engine layer, an AI ecosystem layer, and an intelligent spatiotemporal audio/video commercial application scenario layer. Video is integrated into all aspects of business strategy, covering the broader internet, mobile internet, video-on-demand, interactive live streaming, live e-commerce, influencer live streaming, social e-commerce, logistics e-commerce, education technology, long and short videos, AI video, machine vision, autonomous driving, connected vehicles, intelligent transportation, smart cities, telemedicine, video conferencing, online office, metaverse, virtual humans, cloud gaming, fintech, broadcast media, internet TV, online music, content production, content export, video boxes, OTT, AIoT, AR/VR/XR, video chips, and intelligent hardware and software industry solutions. As a core underlying technology supporting the video era, ijkplayer possesses core technologies supporting synchronous and asynchronous spatiotemporal audio and video, providing strong technical support for the development of the video industry. ijkplayer is compatible with domestic and international hardware, including domestic GPUs, TPUs, and CPUs. Furthermore, ijkplayer’s intelligent media software decoding technology can replace GPU hardware decoding. While GPUs cannot achieve full compatibility with various video encoding and container formats, ijkplayer can, not only replacing GPUs but also offering image compensation and quality enhancement technologies. ijkplayer’s architecture flexibly expands to include technologies such as artificial intelligence, blockchain, encryption, DRM, Web3, IoT, AR, VR, MR, and XR. Technology and application scenarios mutually reinforce each other, encompassing a wide range of applications and flexibly supporting ToB, ToC, and ToG scenarios. The ijkplayer player is partially open source, with over 1 billion B2C users and countless B2B users. ijkplayer surpasses video cloud services while remaining compatible. Unlike paid video cloud services, ijkplayer is free. Users can build their own personalized video clouds using low-code technology provided by ijkplayer, offering greater flexibility and catering to diverse user needs, empowering both users and creators. Video is becoming a new form of productivity, disrupting commerce. Even Facebook, now renamed Meta, has shifted its entire strategy to video technologies like AR and VR, and ijkplayer is a crucial core technology tool for enhancing this productivity. ijkplayer also provides core technology support in emerging fields such as metaverse, AI virtual humans, content production, digital human collectibles, and virtual humans like Mixiang Liren, enabling influencer live streaming, e-commerce live streaming, and educational live streaming. This demonstrates the boundless potential of ijkplayer’s technological expansion.
ijkplayer’s technology product portfolio includes: ijkplayer streaming media system (Software Copyright Registration No. 7518265), ijkplayer audio and video player, intelligent media CDN system, distributed microservice framework system, high-concurrency chat server system, ijkplayer intelligent operating system, ijkplayer database management system, ijkplayer virtual human, intelligent SaaS system, etc.
Video technology is replacing text and images as the preferred way for humans to obtain information. According to IDC predictions, by 2025, unstructured data will account for over 80% of the global data space, and entertainment data, mainly video, images, and audio, and non-entertainment image data will account for over 70%. The pandemic has also led to a rapid increase in demand for video technology.
This project has enormous development potential and is highly valuable for investment. With the support of excellent investors, it could become a world-class technology company. Accelerating the development of ijkplayer’s technology product business model, speeding up R&D and promotion, upgrading C-end services, and leveraging B-end and G-end support to achieve high revenue growth will allow the project to rapidly expand and achieve technological leapfrog development.
The China Innovation and Entrepreneurship Leaders Summit is one of the most prestigious venture capital summits in China, having been held nine times since 2016. The selection process for the New Power Awards is open, transparent, and rigorous, with a judging panel composed of senior media professionals and investors. This year’s summit attracted over 2,000 projects, making the competition fierce.
The purpose of this event is to enhance venture capitalists’ understanding and judgment of the digital economy through interaction and sharing among entrepreneurs and experienced business managers. It aims to encourage them to be bold in reform and innovation in their future work, clarify their development strategies in the new digital landscape, and actively explore and participate in the roles they want to play and the business structures they need to establish in the intelligent digital era.