October 20, 2022
Soaring energy prices in Europe along with new restrictions on the construction of hyperscale data centers are forcing streaming video platforms to look for ways to reduce their energy consumption costs while simultaneously expanding their encoding capacity.
StreamVX, a leading European supplier of streaming video solutions and NETINT Technologies, a pioneer in ASIC (Application Specific Integrated Circuit) encoding technology are teaming up to create ultra-high density video encoding solutions that require much less energy to operate. These solutions will meet the needs of streaming video platforms in today’s volatile market conditions.
Energy prices in Europe are projected to soar and remain high for the foreseeable future. As a result, governments are implementing energy conservation policies. These new government policies are having a real and immediate impact on the streaming video industry. Some EU (European Union) member countries have already restricted the construction of new hyperscale data centers, citing energy and physical-space shortfalls.
These restrictions are severely limiting the ability of hyperscale video platforms to increase encoding capacity which is needed to deploy new streaming services. Issues concerning new hyperscale data centers are, however, not limited to Europe, as new data center builds in Asia and North America are also facing challenges.
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