2015年5月3日 星期日

MGT 5516 Final Project--Individual Part

Technology: Cloud Computing

Industry: Online video industry


1. Online video and Cloud Computing

1.1 Online video, the amazing Internet experience
With the development of high technology, Internet has brought great convenience and huge change to people’s life. Social online, shopping online and enjoying music online are all becoming a lifestyle and choice for many people. Among these, online video, is such a main kind and amazing Internet experience for people.

1.2 The combination of cloud computing and online video is inevitable
Three essential elements of online video Smooth are high-definition, stability. In order to meet these three points, a strong and comprehensive video management system is in need, the demand for video services now is keep increasing, as a result, more and more Internet companies chosen to join the video cloud computing industry. (roll.sohu.com)



1.3 Cloud computing technology effectively reduced the cost of online video services
Cloud computing has provided great technical support for the online video industry, besides, cloud computing has expanded service model of video industry to some extent, such as the online video hosting service. Through the cloud computing the video website can help the users solve a series of technical problems quickly, such as resolve video storage, transcoding, distribution, broadcast and advertising. Due to the cloud computing features such as elastic expansion and on-demand using, it also greatly reduces the cost of video operation. (tech.qq.com)

1.4 The demand for online video service of enterprise users is increasing
An increasing number of companies choose the Internet to advertise and promote their products, services and brand image. Meanwhile, the enterprises are not satisfied with the traditional network marketing model any longer, as a result, the online video becomes the a better and new choice. And the demand of these enterprise users brings the online video industry a bright prospect. (infro.broadcast.hc360.com)

1.5 Cloud Computing provides the technological support for the stream media

Storage
Cloud computing has greatly improved and subvert the traditional way of video storage and access method. Videos need a large amount of storage space, the cloud provides the users an incredible convenient and large storage space. Users no longer need to suffer from the storage devices. Meanwhile, the use of cloud helps settle the geographical restrictions. No matter where they are, the users can get access to their cloud videos any time they want.



Delivery
Another thing that the online service provider concerned is that the videos are supposed to be delivered to the viewers as soon as possible. To achieve this, it is essential to have a delivery system with high efficiency, which can provide clear information about where the viewers are and how to utilize the closet server to delivery the videos. Cloud Computing contributes the global business by making the video delivery to users in different places much more easier.



Content Transcoding
For the video sharing platform, there are a lot of things need to be considered such as the format of the site, the setting up of hardware, software, etc. to get the transcoding done. Cloud Computing can provide great technology support to help do these complicated and time-cost work in a real time way. And at the same time, this technology can reduce the costs of bandwidth and some other expenses. (Robertson, 2009)




2. Globalization brings new opportunity

2.1 Global Cloud Corporation
With the increasing application of cloud computing technology in online video industry, more partnership is been established. Here is an example of Letv cloud and Microsoft Azure. The two parties have signed an agreement for solution compatibility. Based on this corporation, Letv cloud can provide much more convenient cloud computing services, on the other hand, for Microsoft, the development of public cloud business will be promoted. (China Tech News.com, 2015)



2.2 Global online education services
Users can store the courseware and videos in the cloud. After recording the educational videos, users can distribute them instantly to end-users for the teaching services.

2.3 Social video—technology makes people of different countries live together
With the support of cloud computing, some social applications such as video chat, remote video conferencing and telemedicine will not only be able to break the regional and national boundaries, but also will achieve instant statistical analysis, getting operational data and billing data, which can optimize operating strategy and reduce operational costs. (info.broadcast.hc360.com)

2.4 Global concert and TV live
With the development of cloud video, global cooperation of online video industry is inevitable. Because of the global cloud cooperation, it will increase the possibilities and convenience for people to enjoy concert and TV broadcast globally.




3. Cloud computing creates new business model

For the online video industry, the content costs and bandwidth costs are relatively high. In order to make more profits, the companies in this industry are looking forward to the new business model. For example, the professionally produced content (PGC) and user-generated content (UGC), and the advertise model that can make these being commercial. And also the subscription services. (www.dvbcn.com)

For online video sites the way to earn money will change. The future business model may no longer be the content to cash but the traffic to cash. In essence, the online video is the traffic of the Internet economy. And there are a lot of ways to achieve traffic to cash such as providing more value-added services and online games. (www.vccoo.com)

3.1 Produce and broadcast independent video program
Independent content is the key force to improve traffic and user coverage for the online video sites. The copyright buying competition is quite fierce in the online video industry, this kind of content costs let the profit suffered. With the technology support of Cloud Computing, more and more online video sites choose to produce content by themselves. Their unique video content can attract users and help the sites reduce costs.

3.2 Extend video service from the video program to the online game
Making money through advertisements in the video service is a common and traditional business model. However, nowadays with the support of cloud service, the online video site can extend its service from the video program to the online game, which will create new business chance.

3.3 Provide integrated cloud video solutions
Take the Tencent Cloud as an example, the online video sites can provide the users integrated cloud video solutions. The solutions will provide services like basic website, data, content production, distribution and content operations for application areas such as online education, social video, new media, radio and television network.

3.4 Smart hardware-- the "magic weapon" for online video sites to link the cloud and the clients
Take the Letv super TV as an example, Letv redefined the TV by the Internet model and restructured the entire TV market, Super TV is not just a TV, but a complete big-screen Internet ecosystem, using the ecological of “ platform+content+terminal+application” to lead the industry transformation.(it.chinairn.com)



References




4. Mark Robertson (2009). ON VIDEO CLOUD 9 - VIDEO AND CLOUD-BASED COMPUTING. reelse. Retrieved May 1, 2015, from

5. China Tech News.com (2015). Letv Cloud Reaches Cloud Computing Deal With Microsoft Azure. China Tech News.com. Retrieved May 1, 2015, from







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