V-Nova Announces First Implementation Of Upcoming Standard MPEG-5 Part 2 (LCEVC) As Part Of Its P+ SDK

V-Nova, a provider of video compression solutions, unveiled the third 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.

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.”