Aviwest SAS (HAI) Earnings Call Transcript & Summary

March 16, 2022

Toronto Stock Exchange CA Information Technology Communications Equipment special 60 min

Earnings Call Speaker Segments

Marcus Schioler

executive
#1

Okay. Good morning, and good afternoon, everybody. My name is Marcus Schioler, and I'm here to welcome you today to today's webinar featuring Aviwest and Haivision in the webinar entitled the future, a broadcast contribution. We're very excited to be talking to you today, to people in North America, Europe and Asia, hopefully. So welcome to everybody. [Foreign Language] We're here today together in France at the Aviwest office, giving this webinar. And so just a couple of quick logistics before we get going. There are a lot of people who are joining this webinar today. I can see the number of participants. A lot of people, so we won't be doing live Q&A. There will be too many questions, I'm sure. But please, if you have questions, submit them using the Q&A tool -- and we don't talk to the questions during the webinar. We will be sure to get back to you with information or we will be using the questions to create a follow-up session to provide more information. Throughout the presentation, we will be -- you'll see little examples, let's say, chat link where there are extra links in the chat for the Q&A where you can get more information. And at the end, we will be doing a little bit of live polling but very little this time because really, we're here today to hear from the CTOs of Haivision and Aviwest about how these companies -- or companies are coming together to address the challenges of broadcast and really provide a vision for where we see ourselves going. So with that, I'd like to introduce Mahmoud Al-Daccak and Ronan Poullaouec. I'll let you guys introduce yourself, and then we'll take it from there. So welcome.

Mahmoud Al-Daccak

executive
#2

Thank you, Marcus. My name is Mahmoud Al-Daccak. I'm CTO of Haivision. I've been with Haivision for 12 years and build that into what it is today. We have development centers in multiple cities. We have -- right now have 6 cities with multiple people also from joining us from different parts of the world. I'm extremely happy today to welcome Ronan, and actually to add to our development centers in France, our seventh city for development. And it's very, very exciting for me and for the whole team at Haivision have that for sure. So Ronan, maybe I can give it to you.

Ronan Poullaouec

executive
#3

Thank you very much, Mahmoud. So my name is -- hello, everybody. So my name is Ronan Poullaouec. I have been managing the R&D and the product strategy for now about 13 years since the early beginning of Aviwest. I am very excited, and I'm sure my team are also very excited to start working with you on very exciting technologies we have been developing, and we will expand everything to you in the following slides.

Marcus Schioler

executive
#4

Thank you guys both very much. So my name is Marcus Schioler. I'm the VP of Marketing at Haivision. You may have seen me in a webinar already before. Those who've not, welcome, and thank you for being here today. So let's jump into the agenda. So we have a number of different topics to go over today. I'll begin with an overview quickly for the benefit of those of you who don't know us, either of us very well. I'll talk about our product portfolios and then Mahmoud and Ronan will go over common synergies and values, understanding the protocols, the differences between SST and SRT. We'll talk about how 5G technology will be impacting broadcast workflows. And finally, we'll close with our shared vision. So let's begin, and I will start it off with a quick overview of the product portfolios from Aviwest and Haivision. Before jumping into the products, though, I just want to talk about the kind of historical use cases that Haivision have been addressing video contribution, video distribution, video delivery, of course, more specifically addressing the needs of broadcast media and entertainment, enterprise, Defense & Security, traditionally in broadcast and media. We're used for video contribution, remote production, decentralized workflows. In the face streaming market, we provide solutions for live streaming among other things. In enterprise and government workflows, very often, our products are used for delivering internal messaging across corporate networks in addition to IPTV and signage. And then ultimately, in Defense & Safety, we have a strong background in providing highly secured solutions for ISR, intelligence surveillance and reconnaissance workflows as well as situational awareness. Now where we see the combined companies coming together and the use cases where we see some really exciting opportunities for the 2 of us together. Notably, very importantly, live sports events, and we'll be hearing much more about how we see our technologies coming together to push the raw tiers of how live sport events productions are done. And of course, news coverage, live entertainment and also first responders where there's a very interesting synergy between Haivision's background and what Aviwest brings to the technology table. So we're very excited for these use cases. Now this is a new thing for me to do, talking about the Aviwest product portfolio. So I'm excited to be able to do this with everybody today. But I'll just do a quick overview in terms of the key products for broadcast and it starts with the pro-series, which are their very high-quality mobile transmitters, reliable 4K multi HD, low-latency field transmitters that are used over 5G and other networks with cellular bonding, H.264 and HEVC encoding. The Rack Series, these are video encoder, contribution video encoders that are typically deployed in OB vans or trucks or in other facility locations that are being used for low-latency video encoding, 4K and Multi HD as well, also, of course, HEVC and H.264. MOJOPRO Series that stands for mobile journalism is a series of apps running on iOS and Android, provides high-quality camera controls, and more that enable journalists in the field to contribute video in these types of situations and other situations as well. A very new addition to the product portfolio is LiveGuest which is a very simple way of getting live interviews into your broadcast production workflow. So when you need to bring an expert speaker in, they have very low technical abilities and they need an easy way of getting the stream into the broadcast workflow LiveGuest is an excellent solution for that. And finally, StreamHub, which is a very important component of all these workflows, enabling the reception of the streams coming from the field, bringing these streams in as a receiver. And then as a gateway or a transcoder, to ultimately distribute these incoming streams into the broadcast workflows, either using SDI or IP streams such as NDI, SRG and others. So that's a very brief overview. There are certainly other things and lots more information, which you can get. If you go look in the chat, you'll see that there are links available for the data sheets for these products. And so let me pivot over and talk about Haivision products and maybe a lot of people here are familiar with Haivision products. But for those of you who are not certainly welcoming the Aviwest customers as well who may not know us as well. The Makito X4 video encoder is our flagship product, low latency video encoder, small form factor, very high density for capable of 4K and multiple HD low latency streaming using HEVC or H.264, commonly used along with the SRT protocol to stream over any networks, including unpredictable ones like the public Internet. Haivision Hub, which is a cloud solution for managing your appliances, setting up routes, low latency over the Internet, private cloud -- private networks and the cloud. Haivision SRT Gateway, which is used commonly to bridge networks, slip protocols, send 1 stream to multiple destinations. We see it often being used in decentralized collaborative workflows, where multiple people need access to SRT streams to be able to see what's going on and interact, collaborate, the Makito X4 Decoder, which is the low latency companion to the Makito X4 Encoder, of course, also capable of 4K/UHD multi-four streams of HD. I did mention HDR, that's a very important component of the workflows on the Haivision side as well. And finally, Haivision Play Pro and the Play [indiscernible], which are viewing options to enable collaborative workflows, especially when broadcasters are leveraging SRT and decentralized collaborative team workloads. And again, the data sheets are available for all of these products in the chat. So that's quick look at the products, just a note on technology, and we're very pleased to be able to say that with this acquisition, our combined technology portfolio includes being recognized four times, citing four times for Emmy Awards, Aviwest with 2 for their SST safe stream transport technology, and Haivision for 2 as well, including one that was last month. We're very excited to receive that, of course, for SRT and also for IP multi-cast technology. So that's exciting to be able to now say that our combined entity is the proud owner for Avi. So that's great, very exciting there. And just before I hand it over because I know everybody is here to hear Mahmoud and Ronan talk about the future of our combined companies and our vision working together. I do want to mention because we just published this last week that the broadcast IP transformation report is now available for download. So this is a report that perhaps many of you have completed. It was something that we launched back in the fall, where our survey went out and over 650 people responded, providing information about where they're at, their organizations are at in terms of their transformation towards IP workloads and broadcast. And so it's available for download. Some of the key takeaways, which are, I think, quite interesting for today's conversation, include the following. So among our respondents, SRT is now the most widely used streaming protocol for broadcast workflows and transporting live video over IP. The next key takeaway is that 65% broadcasters have already migrated part of their broadcasting infrastructure to IV. Now this may not come as a surprise to people, but it is an important piece of information. Now another thing that is perhaps a bit more surprising and very interesting is that with the pandemic. We know that all of the world, but broadcasters, especially were forced to adapt their workflows in order to accommodate at homework and decentralized workloads with reduced staff on location at events or in the facilities. And they develop mechanisms through which they were able to build the collaborative workflows that involve people being in multiple locations. And 60% of the respondents to this year's survey believe that the future involves continuing to employ some of these hybrid workloads, which is very interesting. Because I think what happened was that people recognize the benefits and want to continue to leverage them in new and optimized way. So we expect to see a lot more of hybrid workflows, not just in terms of how they're working, where they're working, but also in terms of the technology that they use between SDI, 2110, NDI, streaming protocols, et cetera. Now this probably comes to no surprise for people that are commonly using Haivision products, but 79% of respondents indicated that they rely heavily on the Internet for contributing live video into their production workflows. And very interestingly, for today's conversation, when asked what the technology was that would have the biggest impact in the coming years in broadcast, 68% of people cited that they believe that 5G technology would have the biggest impact. So that's very interesting. And of course, we're very excited to be able to talk about 5G in today's session with our friends from Aviwest. So with that, I'm going to jump over and now pass it back because I know everybody is here to hear what the CTOs have to say about our 2 companies coming together. And we're going to start with a conversation about our company's common values and synergies. And we definitely see and have known that Aviwest and Haivision traditionally have addressed similar challenges, but with complementary and different approaches. So with that, I'm going to pass it to Mahmoud to start talking about the sort of common values that are core to our companies focusing on reliability, quality and latency. So Mahmoud, please give us the hypervision perspective on this.

Mahmoud Al-Daccak

executive
#5

Yes, definitely. I mean, whether it is the result of the survey that you mentioned actually speaks to some of those common values. Our companies have very similar common values, very similar DNA. And those really can be summarized in 3 words: reliability, quality and latency. And when we say a reliability from a Haivision point of view, there is multiple examples. I mean, the whole SRT protocol that we've pioneered, it's all about reliability. The whole seamless switching about it for the networking, it's all about reliability and whatnot. Our encoders are used in very mission-critical operations, 24/7 operations that they just need to work and work flawlessly. And of course, recently with some of our cloud properties and the hub and whatnot, we're enabling some global routing and global redundancy across the world. From a quality point of view, Haivision has always been known for quality. I call it like efficiency of encoding or quality per bit, if you want to call it that way. And I feel that we lead the market in the quality per bit from our encoder point of view. And of course, we're adding the frame accuracy, synchronization and whatnot, plus all the other things that come with that quality. So I want to more into that, but we support 4K, the GVC 60P and full HDR, of course. Our -- 1 of our core DNA values is latency, and we command less than 140 milliseconds end-to-end latency. That's been from day 1, from the beginning of Haivision, and we kept it across multiple encoder generations. And I can assure you that these 3 key components reliability, quality, latency, you will see the same kind of components on the Aviwest side, and that's why I think we're coming together, Ronan, don't you agree?

Ronan Poullaouec

executive
#6

Yes. I fully agree. Indeed. And we have been working on -- we have shared a lot of common values for a long time and long before today, I think. And -- yes, we have developed each of our technology on our whole SRT and SST. We will elaborate on these technologies. But behind these technologies' liability, video quality, low latency, or ultra-latency transmission are probably the most important things our both company achieved. And you mentioned same DNA, I think it's exactly this. And of course, without any doubt, all these things, reliability, quality and low latency transmission. All these things matter if you are a live producer. So I will give you an example, if you have wired and wireless cameras maybe we can go deeper in what we call the combined -- our combined technology and our complement ITs. So wired and wireless networks. It's true that the use of IP technologies has become very common for live production. And now the -- one of the biggest production concerns is the network connectivity. And maybe sometimes you will rely on wired IP networks. Sometimes you will have no or choice but to use wireless IP networks. And sometimes it will be a combination of wired and wireless networks. But for all these cases, your IP networks may not support quality of service. And our combined technologies, thanks to our combined technologies, which will grant the quality of service which will bring the network connectivity. You will have a unique solution to manage your very complex live collection workflow, which camera setup for big sports production. Of course, they combine multiple cameras, dozens of Cameron revenue with fixed position of stationary cameras and portable cameras. I'm sure you have something to tell about this.

Mahmoud Al-Daccak

executive
#7

Yes. I mean it's very similar that the network is no longer just wired or wireless. The encoders also and the cameras are no longer just portable or stationary. They are portable and site at the same time. And for that, you need to have different type of encoders for different type of situations. And for the portable ones, you need to make sure that your battery power, you can attach it to the camera to the back of the camera or you can put it in your backpack, it's that choice is yours and different countries decide to do it differently. But being able to attach your encoder that the camera is very big and in many cases, especially in sports and whatnot. And of course, the backpack. And then from a stationary point of view, you can -- you always rely on these encoders like multiple or not, how regulized they are and what harsh environment can they survive. And from a stationary point of view, hydrogen provides highly regulized encoders to survive in a very, very harsh environment that are deployed across the world in mission-critical situations both stationary and portable they need the high quality. And I mentioned about the high quality of the encoding and -- or actually, I call it, the encoding efficiency because at the end of the day, you can pump the bit rate as high as you want them to get much higher. The idea is how can you get the best quality at the lowest bit rate possible. And this is, I think, what the combined solutions between our 2 companies bring together, which is really the highest quality at the lowest bit rate possible. And the last thing I want to mention here is we pride ourselves on being very, very high density. We are almost one of the highest density in the industry. It's not the highest density from the number of blades or the number of encoders you can put in 1 [indiscernible] route to provide all the encoding that you need at the very low power. So we're not only high density, but we are extremely low power, which means green energy at the end of the day. So those stationary and portable solutions supports different workflows, whether it is from local or remote production, right, Ronan?

Ronan Poullaouec

executive
#8

Yes. Yes. I fully agree. And in the restaurants, there has been increasing demand for remote production workforce. Everybody knows about that. And due to the pandemic, a lot of workflows had to switch to a full remote production workforce. And this is very important. This was -- and is still very important to optimize the production resources to sell less people on-site in the venue to manage the live production and to do everything to manage everything from a centralized IP-based production facility. But sometimes for -- again, for big sports production, you will need to rely on mobile, fixed position cameras, a lot of cameras in the venue. And a first level of remote production facility that will receive all the feeds coming from your multiple cameras. And then you will have another network operating center, the centralized place where you will receive all your fees to manage the overall production. And there are a lot of mandatory features to manage this remote production workflows or combination between local and remote production workflows. These features, for instance, have the indictment IV channels to stay in touch even if you are more -- if you have less people in the venue. This will be very important for you to stay in touch with this people. So it or fits to give to your people in the feed confidence monitoring of the operation will be key for the success of your production. The remote control of your camera from the studio, the remote control of your production equipment like [indiscernible] camera video switches, anything will be very useful to manage all these new workflows. These are the keys to have a successful life production operation. So I was talking about mixing local production and remote production. A good use case for that is managing the first-line transmission with Camera, selling live streams to your remote facility and then everything -- the video editing can be managed in the cloud. So I think it's a very good trend that we can see now.

Mahmoud Al-Daccak

executive
#9

Yes. I mean the trend -- yes, absolutely. I mean, the trend is continuing. And again, like the survey that we showed at the beginning and continue to talk about the importance of the cloud and the importance of remote production. But if I roll back again to something you said, Ronan, about the first mile. Now whether it is coming from the transmitters coming over the 5G, for example, for the first mile over SST or coming from fixed encoders from Haivision over SRT. The idea is you need to have the lowest latency possible for that first mine. And then the first mine, you need really to either to on-prem or to the cloud. More and more, we're seeing a lot of production happening in the cloud. But really, we cannot underestimate the importance of on-premise. So our infrastructure, our technology addresses both, addresses the cloud and on-premise technology to receive those feeds from the field. At the same time, we cannot underestimate something we've talked about a little bit, but I will elaborate on later on something which is having been able to be as close to the venue as possible and are as close to the telco as possible. So this is when we're talking about our technologies moving to the edge. And with the technology is also moving to the edge and where they are coming from. I always like to say that the media always originated in one place and then you need it to be processed or you need it to be consumed in another place. So our infrastructure actually support worldwide routing of that media to get it from the place where it originates to the place where it needs to be consumed. Of course, that all cannot be handled manually. So you need to have the provisioning of the orchestration of all of these resources to be able to fire these instances and being able to receive the media from 1 -- from the first mile and move it across the middle mile and then to the final mile. So all that needs to happen in the background. So that's why the provisioning and orchestration of any cloud resources is extremely important, and that leads to the distribution either to data centers or distribution to affiliates or whatnot. And it doesn't end up there because right now, in delivery to the end consumer is also important. There's many live events are going straight to the end consumer through low latency delivery mechanism and our infrastructure supports all of these funds. And as Marcus has mentioned, the cloud is not only came because of the pandemic. It's been evolving for a while. The pandemic accelerated the adoption of the cloud, and we accelerate our development on the cloud, but the trend is continuing. I don't think it's stopping if I'm not mistaken.

Marcus Schioler

executive
#10

So let's pivot over to the next topic, which is the topic of SST and SRT. And I think when we made the announcement of the acquisition 3 weeks ago, we started to receive a number of questions about people wanting to know a bit about the differences, the similarities and what we were thinking about doing now that we have both of these very important and any award-winning technologies in our portfolio. So what we did here was we pulled together some Q&A, but to help people understand. But before we do that, I'd like to ask each of you to explain SST and SRT. So let's start with Ronan, who will give us an overview of the SST technology.

Ronan Poullaouec

executive
#11

Thank you, Marcus Yes. SST stands for set, stream, transport. So we have been working on this protocol, this network protocol 13 years ago. So when the first cellular networks 3G networks appeared. So SST is a unique and double award winning protocol, as you said, Marcus before, that will manage the quality of service over any kind of unmanaged IP networks. That means if you have to rely on multiple cellular networks for your wireless mobile come on or WiFi or satellite or even wired and managed IP networks, LAN or WAN of our public internet. SST will ground with the quality of service and the video quality of your transmission from the field to the production facilities. So -- and this is very easy to understand for most common TV station now. They are using this technology to transmit their live from anywhere in the world to their facilities. And SST, of course, manages the network aggregation, but it also manages the bit -- adaptive bitrate cutting that will follow the -- if your network is not reliable, the adaptive bitrate will guarantee that will have no drops, no signal interruption during our transmission. Even if you have a network fluctuation, bandwidth fluctuation on your cellular network or IP networks. Since for, I would say, 5 or maybe more years. We received a lot of request, of course, to transport live video streams, but toward vertical transport to this technology. So we did it. And with SST, you can transport not only the live video fit coming from your camera, but as well any kind of IP data that can be file transmission, video editor from your studio to the field that can be remote control -- for remote control operation to control your camera shading, your [indiscernible] camera, that can be the intercom, IFB channels, so can any kind of IP data. So SST will manage this for you by creating a bigger pipe with quality of service over any kind of IP network. I'm sure there are some -- how to say that, very nice complement IPs.

Mahmoud Al-Daccak

executive
#12

Absolutely. There is a lot of common things between SST and SRT and a lot of different things also. SRT now is very well known. It stands for secure, reliable, transport. We started supporting it in our products in 2013. And we open source in 2017. Our goal was very simple, is to move live video from point A to point B in a reliable way. And the lowest latency possible. I'll talk to that in a little bit. But we purposely kept it at the protocol level -- the network protocol level to ensure the highest level of interoperability between the different vendors. So SRT is not meant to be between a specific transmitter and a specific receiver or specific encoder and specific decoder. It's meant to be interoperable between different vendors. And actually, when we decided to open source, we had 2 objectives in mind. One is to lower the barrier of entry for people who needs to move [indiscernible] reliably across the Internet. And we thought that, that should be democratized, that shouldn't be like just hostage to somebody. So we open sourced it. And the second purpose we open source is that interoperability between the different vendors allow them to have a common language to exchange between their products. So that's why we did it. We did it with the attributes that are shown on the screen here in front of you, of course, there's the low latency. So it is our UDP where they are [indiscernible] ensuring the lowest latency possible over public Internet or unmanaged network. We make sure the quality is pristine by adjusting to any network deters or any network impairments or packet loss or whatnot. As I mentioned, it's a network protocol. So it's content agnostic. You can program it to carry different codecs, carry different video and audio caring metadata, carry messaging, and actually, there's a lot of implementation of SRT that is audio only. There's a lot of implementation of SRT that is machine control only. So at the end of the day, it's allowing to move your video or your content from A to B in a reliable way. Of course, that all has to happen in a secure manner, not only in a secure manner, but also you need to be able to be friendly with your IT departments, so firewall reversal is very key from day 1. When we evolve SRT so that you have caller, listener Randy Rumo so that you can actually reverse firewall easily and manage your IT department in an easier manner. Of course, SRT was designed to solve multiple problems really focusing on the video streaming challenges. So whether it is replacing the satellite or replacing private networks or replacing proprietary solutions that exist in the marketplace. The trust meant for that, as I said, address that challenge. It addresses the interest of high-quality live video contribution. So a lot of people used to rely on RTMP for that, in the latest survey, actually, we can see that SRT started to take over RTMP. It has a lot of attributes whether people know that there is a lot of limitation when it comes to bandwidth utilization and traveling the long distance. So whether it is from bandwidth utilization, we have a very high bandwidth utilization with SRT compared to RTMP. And also SRT can travel the long distance that RTMP usually ends up being a little bit less reliable then. But to me, honestly, the most important thing is SRT with the wide adoption and with an alliance that is more than 520 members right now and multiple implementation of SRT is that it's becoming the glue between multiple vendors. It's becoming -- we just talked about how important cloud is and how important cloud operation and micro services-based solutions are important. Well, SRT is enabling that workflows by growing manufacturers together. There is no better example than growing with Aviwest with Haivision, actually. So to that end, we're very proud of providing the world with that SRT. But I'm sure there's a lot of questions that might come to people's mind though.

Marcus Schioler

executive
#13

Yes. And I think this is a sampling of some of them here. Like I said, when the acquisition was announced, people did reach out wondering a number of different things. And this is sort of a distillation of key ones that were recurring questions. And so there's some or both of you. I'll start with Mahmoud. If you wouldn't mind taking the first question, about whether or not SRT will replace SST?

Mahmoud Al-Daccak

executive
#14

Yes. The short answer is no, SRT will not to place SST. SST has really meant to work for the first mile between the Aviwest product and making sure that the bonding is there and the communication back to the field is there and all of that SRT was designed to be more multi-vendor and more at the network agnostic level. So SRT will not replace SST, they all coexist together. Ronan will talk to that a little bit more in a sense. So the short answer is, no. SRT will not replace SST. Of course, Haivision is very well known for its open-source posture and our reliance on open source and whatnot has been heavy. So we like to give back to the community for open source. And actually, you should stay tuned because we will have some new news about open sources of other technologies. But the question was asked, are we going to open source or include SST inside SRT open source? The answer is, no. There is no intention of open sourcing SST. It's a proprietary technology within the Aviwest products and it will remain as such. But remaining proprietary technology and remaining growth source doesn't mean that there is no collaboration between the different engineering brains, the different mindset, the different expertise, the different knowledge base between the people who are invented SRT and the people who invented the SST. So we'll be exchanging a lot of those. And some of the questions we're asking, well, SRT started by saying, at one point, it will support bonding. Well, yes, SRT started adding reliability, so it can send signals over multiple connections. And you can have seamless switching between those multiple, I call them active/active connections. So you we can -- if 1 route fails, you can switch to the other route seamlessly without disruption of the signal within the latency of the SRT. So we started with that. We added to the active/active mode, what I call an active passive more where you actually maintain your links but you don't send the media over those multiple links in case you have bandwidth restrictions and whatnot, you actually send them over 1 link and if that fails you can have seamless switch over to the other link that maintains the connections within the latency of SRT, you can -- you start getting your media. So this is basically main and backup, which are all active/passive. So eventually, we wanted to add bonding of multiple of these connections. But right now, I think we have a pool of engineers that we can benefit from, and we can decide how best to add that bonding into SRT and in a way that makes sense, and I'm a lot more comfortable right now with the engineers that we have. Speaking of engineers and leveraging each other resources and whatnot are some of the questions comes is like is SRT slowing down? It's absolutely not slowing down. The momentum is continuing to be going as fast as it can for sure. And for the sake of time, I won't elaborate more, but we are working but we're working on receiver butter optimizations for congestion control. We're working with SRT over -- being tunneled over quick data ground. So we're doing a lot of things from an SRT point of view. But maybe I would like Ronan to speak briefly about SST and SRT and how they're working together, move just for the sake of time because we might get out of time.

Ronan Poullaouec

executive
#15

Thank you, Mahmoud. Indeed, first of all, Aviwest have been member of the SRT alliance since a while. So we have developed some bridges or gateway between SST and SRT. And these gateways like our StreamHub will have no impact on the video quality. So if you want to receive SST feed and transmit the same feed over SRT, you can use this gateway. There will be absolutely no impact on the video quality. So I have in mind a lot of cases where SST and SRT are used in combination to manage a production workflow with first mile -- and from the first mile to the final destination that can be the operating center. And the aim of this is, one very important thing is to reach very high efficiency for our live production and to reach the lowest possible latency. And so if you use SST for your mobile cameras and some edge computing capabilities, you will drastically optimize the latency. And then you can rely on SRT to transmit this very optimized feed streams to your operating center. This is very important. And again, I have in mind a lot of cases, a lot of customers using a combination of SST and SRT. So it's -- I would say it's working. We have nothing more to do. It's already working. Behind this, everybody has been told that 5G will be a big change for the live production world. SST already supports 5G. And the advantage of SST -- what are the advantages of SST over 5G. 5G is like all the other cellular networks. 5G technology relies on multiple sell-down tenants. And with the wider frequency spectrum, 5G will rely on a lot more antennas than the previous 4G and 5G networks. That means that when you will connect your wireless camera to a 5G network. If you are using a single connection, you will have to face a lot of instability changing from 1 frequency to as frequently, changing from 1 modulation scheme or FDM to another one. And if you don't have quality of service, this will have a big impact on your production result. It's why SST is absolutely key even with 5G. If you want to manage redundancy, multiple connections to aggregate all the 5G connection to have a bigger pipe even for best effort men or quality of service, SST will manage this point. And this is very important. SST will stay very helpful even with 5G networks. Maybe we can elaborate a little bit about the 5G technology because it's something very new for a lot of people. And you have [indiscernible] that 5G deployment have started for a few years or few months. So let's talk about this new 5G technology. So maybe about a quick overview of this technology. First of all, you have probably noticed some 5G deployment in your region. So from a public mobile operator that have already deployed 5G antennas, 5G networks. This 5G is its first 5G deployments use what we call 5G non-standalone. So it's a combination between 4G, LTE and 5G. Your camera will connect first with the 4G, LTE network, and then we'll use some extra capacity on the 5G network. But it is still -- there's still a coupling between the 4G, LTE and 5G. The second phase of this 5G technology that has already started in some regions, is then 5G standalone. This 5G standalone will be a game changer because it will bring a lot of new features like the network slicing, which is a dedicated network in the public network for professionals and only professionals. Like the live broadcaster to manage your production in clouded [indiscernible] like venues, stadium during big soccer competitions, World Cup and so on. New life -- if you need 10 megabit per second to manage 1 mobile camera, you will have system megabit reserved for your own views. This will be a game changer for the production. Other kind of features very interesting, public and non-public networks. Some countries have already allowed the use of dedicated frequencies for private networks -- private 5G networks. So if you are going to have a production somewhere where you cannot rely on public networks, you will bring or you will use company that will install a private 5G network for your own professional life podcasting operation. This will be, again, a very big game changer for the live production. Maybe another one, I will not elaborate on all the features. It will probably require a few hours to do that. The edge computing is a cloud computing capability to host application like the SST to SRT gateway. And this edge computing is at the edge of the cellular network. That means that latency improvement, it's absolutely perfect. And thanks to that, it's a very good combination. Again, SST and SRT, having this SST to SRT gateway located at the edge of the cellular network will bring very high performances for our production. Let's talk maybe about the benefits, the main benefits of this 5G technology, this new 5G technology for our live event broadcasting. First of all, increased bandwidth, of course, thanks to slicing, better device density, nonpublic networks, new higher frequencies that will -- that are included in this 5G, you will increase your video quality drastically with 4K/UHD transmission, more cameras in the venue, mobile action cameras located everyone in the venue. One other big benefit will be about the reliability. Of course, the slicing will be a key feature. It will not be for free, of course, but it will be a key feature. If you are -- if you're involved in very important live production and you want to use -- you want to have your dedicated network over the public mobile operator. And the last one is maybe about the latency. As I explained, if you combine edge computing, network slicing, nonpublic network or the features, you will reach a level of efficiency, and you will reach [indiscernible] latency performances that are -- that were unknown before. So this is very important. So just to sum up, we believe that this 5G technology we turned the game for you, for live broadcasters. So maybe we can -- yes, this is just a sum up comparison between 4G, LTE and 5G technologies, about connectivity, of course. The connectivity especially, with the 5G standard will be increased, thanks to new frequencies, to new features that I already explained. Video quality, again, if you want more, you want to use more cameras for your live production for [indiscernible] with HDR 422, you will need higher bitrates. If you reduce the latency, you will have to hire the transmission bitrate. And so you will need -- you will increase at the end of video quality. Reliability with the slicing, with -- it's a trade-off between all these features, all these benefits that the 5G will allow. End-to-end latency, the common case while using 4G,LTE was about 1 second from glass to glass. Now with 5G standalone, it's possible to reach 200 millisecond glass to glass. So this latency is very close to the traditional RF transmitters that are still in use for a lot of production workflows. And synchronization between multiple cameras. As soon as you have 4, 8 or more cameras in the venues, you have to sync all the cameras together, again, with all the sources you will have install in the venues. And the 5G will help to do that with a very good accuracy. Again, just some word about the use cases. 5G, LTE, it's true, have been used a lot by news TV, by sport for sports production, Tier 2, Tier 3. 5G will allow you to use this technology for Tier 1 sports production. Worldwide Cup, soccer competitions, anything that needs mobile cameras. So maybe you can move forward. Yes. This is the product portfolio, just to inform you that we already have a lot of products relying on 5G technology that are in production. From the smallest transmitter, they have with 20 5G venue already compatible with 5G standalone to the game-changing [indiscernible] latency for playing HD mobile transmitter. This transmitter includes 6 5G connection to help you to manage any kind of transmission without having to worry about the quality of service. And I'm very proud to announce, by the way, that in 2021, Aviwest achieved the world first [indiscernible] latency live transmission of 4K/UHD at 200 millisecond glass to glass. This achievement was not a POC, it was our big sport -- 1 of the biggest sport competition in the world. [indiscernible]. Now I will give the floor to...

Mahmoud Al-Daccak

executive
#16

Very, very interesting and very exciting and very proud to have that technology within our portfolio. And with that, I mean, we have our shared vision. Of course, it's very hard to elaborate now with very few minutes left in the webinar to elaborate on our shared vision in totality. So -- but we're trying to build the future of broadcast together, especially from contribution and remote production. So maybe we just -- we run through a couple of diagrams around this very quickly to talk about IP contribution for remote production. These contributions comes from roaming cameras, mobile cameras and whatnot or can be coming from fixed cameras and the encoders that comes with them or they can be coming from mobile devices, whether it's from the sport venue or from at home. They're all moving over different networks, of course, they need to be arrived and treated synchronized at the production center. So the first mile and the first mile synchronization is extremely important in that case, what I assure that. Of course, that cannot happen without being able to actually also control these devices that are actually on the venue. So from that point of view, you must have your device control and the device control is not only for monitoring, but it is for monitoring, for configuring your devices, for provisioning your devices, for upgrading your devices, for controlling your devices. So it's extremely important to have that aspect available to inter production center. So -- and another aspect that is important in the production -- not in the production center, but more how it can deal with -- between the production center and the venues is maybe the return fee. So maybe we can talk quickly about them.

Marcus Schioler

executive
#17

Very quickly about the return fee. For remote production workflows, you will have less people, a small team in the field, and they need to rely on -- they need to have feature to -- for confidence in many time just to guarantee them that everything they are doing is well received in the venue. So IB channel is also the radio connection between your facilities and the fee. These things are very important.

Ronan Poullaouec

executive
#18

Yes. And of course, it doesn't stop here like this is between the period and the production center, but also we cannot underestimate the decentralized collaboration that's been happening. That has been happening. It started to happen with the pandemic, but it's continued. So you have different styles of decentralized collaboration. You want the most latency to your directors, for example, or your remote operators, so they receive their signal of our IP networks for like on a public Internet, they received it at home to their decoders. You might have nontechnical viewers receiving those signals over setup boxes or their mobile or their desktop. All of that allows for decentralized collaboration for people who are actually operating or directing the show or people who are producing the show and doing some kind of a technical -- nontechnical reviews, I should say, casual viewers, not technical review. It's very important to have that decentralized collaboration, and we have it built inside our product portfolio and inside our vision. When we say vision, a lot of this is already accomplished, a lot of this is already working. So it's a combination of a vision plus already working products. And at the end, once we have that, it doesn't stop there because where does the signal go from there? And the signal needs at that point now to be distributed to affiliates, for example, and we have multiple ways to distribute the affiliate, whether it's received by the decoder receivers, gateways and whatnot, you need to distribute it to affiliates. And also, you need more and more, as I mentioned earlier on, more and more you need to actually start receiving it into data center so that you can deliver it over OTT to CDNs and whatnot. So at the end of the day, I can sum it up that this is a global vision for IP-based production remote or local end-to-end from the event up to the delivery to the end eyeballs, if I call it that way.

Marcus Schioler

executive
#19

Thank you both for walking us through this combined vision and of course, all the technology behind that's going to make this possible. Just to summarize what we talked about and really where we see all of this going towards the future of broadcast workloads, with Haivision and Aviwest together is the ability to provide versatile contribution for any kind of situation, whether it's roaming cameras, with cellular mobile connections, whether it's fixed cameras, whether it's mobile devices, all synchronized potentially coming together. Then there's the question of taking those streams from the different locations and bring them to where they need to go. And for that, the idea of universal gateway is fundamental, a device, whether it's physical device, a virtual machine or a cloud deployment to take the streams in and push them down to where they need to go in the format that they need to go, whether that's IP flipping, whether it's transcoding or whether ultimately even going out to baseband to any destination. And it's important for us here that, that destination can be anywhere in the world. And we don't want this destination to be relying highly on proprietary receivers, but rather a very open mechanism through which content can get from any event to any destination as efficiently as possible. And so if you have any questions about anything that you saw today, you have the e-mail here, you can reach out to us. The poll is up also, and we can see that people have the opportunity to let us know if they would like to get contacted from either Haivision or Aviwest to hear more about the vision and our products and how they can help you today. And just kind of a quick note because I would like to thank everybody for joining us today, and I would certainly especially like to thank Mahmoud and Ronan for participating in today's webinar. I just would like to mention that when you exit Zoom, there will be a survey that will pop up in your browser. So if you wouldn't mind just taking a moment, it's a very brief survey to give us some feedback on how you enjoyed today's session. And with that, I'd like to thank everybody. And hopefully, we'll have the opportunity to see you in person in the not-too-distant future. And so with that, from Aviwest headquarter in [indiscernible], I'd like to say thank you very much. Have a nice day and thank you for joining us today.

Mahmoud Al-Daccak

executive
#20

Thank you, everybody.

Ronan Poullaouec

executive
#21

Thank you.

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