VideoMost.ai ML Video Codec has been Named Video Compression Solution of the Year 2020 by CorporateLiveWire

    MOSCOW, RUSSIA, July 01, 2020 /24-7PressRelease/ -- SPIRIT DSP, business communications software engines provider, with software products serving more than 1 billion people in 100+ countries, announced today that its VideoMost.ai ML video codec has been granted Innovation and Excellence award from market experts CorporateLiveWire.

During the awards process CorporateLiveWire invited over 90,000 businesses and corporate professionals, magazine contributors and subscribers to nominate companies & individuals based on factors such as service, innovation, experience and sustainability. Additionally, CorporateLiveWire research team has put forward a selection of firms which they felt were deserving of recognition. Award winners gain a place in the Innovation & Excellence Awards Guide 2020, which will be distributed to businesses and professionals around the world.
VideoMost.ai innovative video codec based on deep learning and neutral networks has been named video compression solution of the year 2020.

"This year, Corporate LiveWire has identified the pioneers, ground-breakers, trailblazers and out-of-the-box thinkers of the corporate world for the Innovation & Excellence Awards 2020. Each of our award-winners have changed the world in some way, both in large and small quantities by creating new technologies, setting new trends and evolving industry standards. The judges at Corporate LiveWire have taken multiple aspects of success into account when choosing their winners, which range from marketing strategies to eye-opening insights." – CorporateLiveWire representative stated.

The judges commend VideoMost.ai ML video codec for the wealth of benefits that it will bring for video streaming. Advantages include a significant reduction in the costs of video transmissions, and video streaming via narrowband mobile communication channels. The ML video codec is also able to compete with big names in the technology industry; whilst VideoMost.ai new codec boasts a data compression ratio/range of 240/150-700, Google's VP9 lags behind at 50/10-80.
Judge Andrew Walsh commented: "SPIRIT DSP has over one billion users in more than 100 countries. With pioneering deep learning and neural networks, it's easy to see why they have a reputation as a go-to voice and video company."

About SPIRIT DSP

SPIRIT DSP's innovative carrier-grade voice and video software platforms are used by carriers, OEMs and software developers. SPIRIT DSP software platforms serve more than 1 billion people in over 100 countries. SPIRIT DSP's software is licensed to/powers popular products from global technology leaders, including Apple, Adobe, ARM, AT&T, Avaya, Blizzard, BroadSoft, BT, China Mobile, Dialogic, Ericsson, HP, HTC, Huawei, Korea Telecom, Kyocera, LG U+, Mavenir, Mitel, Microsoft, NEC, Oracle, Polycom, Reliance, Samsung, Skype, Texas Instruments, Toshiba, Viber, ZTE and over 250 others.

VideoMost.com is SPIRIT's software video conferencing server product, TeamSpirit.im is its self-hosted enterprise mobile video messenger product available for licensing in source code.

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