BEIJING, March, 9, 2020
/PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the
"Company"), an innovative market-leading online entertainment
service in China, recently
completed, in cooperation with China Telecom, a leading Chinese
telecommunications network operator, verification of the 5G+MEC
(Multi-Access Edge Computing) general scheduling scheme, and
successfully achieved scale landing of VR services in hotel
settings. Based on iQIYI's next-generation CDN system and the
service provided by MEC platform, which is independently developed
by China Telecom, iQIYI and China Telecom have completed the
service positioning standardized interface and a universal
adaptation. It supports precise scheduling of iQIYI video content
at mass MEC nodes. The scheme could be rapidly replicated in
entertainment, education, finance, healthcare, transportation and
other industries at scale, accelerating the development of
5G-related industrial applications, and promoting the formulation
of related technical standards.
Through this cooperation, iQIYI provided a next-generation CDN
system, integrating edge clouds, namely, Qisubo, which together
with China Telecom has successfully solved the problem of content
distribution and scheduling under MEC scenarios. With the technical
support of the 5G network and fixed network, MEC platform,
differentiated routing strategy and standardized interfacing for
MEC service positioning provided by China Telecom, the project has
successfully achieved scale landing of VR services in hotel
scenarios, providing technical guarantees of minimal delay, high
bandwidth and high computing power for users' VR video-on-demand
and/or live broadcasts and VR gaming applications, offering users
an immersive VR viewing and gaming experience. It also provides
low-cost solutions and differentiated services for hotel VR
business applications.
Market research organization IDC predicts that more than 50
billion terminals and devices will be connected to the Internet by
2020, 50% of the Internet of Things network will face limitations
in network bandwidth, and 40% of data will need to be analyzed,
processed and stored at the edge of the network. The 5G+MEC
universal scheduling scheme verified through this cooperation can
be rapidly replicated and promoted, benefiting multiple industries
including entertainment, education, finance, healthcare and
transportation, with 5G. iQIYI and China Telecom plan to further
accelerate the popularization of the scheme in 5G-related
industries and launch more joint innovation projects on 5G+MEC.
iQIYI has now cooperated on 5G with three major telecom
operators in China: China Telecom, China Mobile and
China Unicom. Going forward, iQIYI will continue to improve its
technical capabilities, unite with its partners, promote the
formulation of 5G technology-related standards, support the
commercialization of 5G services, and constantly explore new
business cooperation models.
About iQIYI, Inc.
iQIYI, Inc. is an innovative
market-leading online entertainment service in China. Its corporate DNA combines creative
talent with technology, fostering an environment for
continuous innovation and the production of blockbuster content.
iQIYI's platform features highly popular original content, as
well as a comprehensive library of other professionally-produced
content, partner-generated content and user generated content. The
Company distinguishes itself in the online entertainment industry
by its leading technology platform powered by advanced AI, big
data analytics and other core proprietary technologies. iQIYI
attracts a massive user base with tremendous user engagement,
and has developed a diversified monetization model including
membership services, online advertising services,
content distribution, live broadcasting, online games, IP
licensing, online literature and e-commerce.
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SOURCE iQIYI, Inc.