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Number of Paid Memberships on Leading Chinese Online Video Platform to Reach 100 Million in 2019, Technology and Innovative Content to be Key Drivers of Platform Development

Vlad Poptamas

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Entgroup, a leading Chinese consulting firm, announced the release of a new corporate report, entitled Observations on the2018 China Paid Video Market. According to the report, the number of paid members subscribing to China’s online video platforms will surpass 300 million during 2019. This figure was 230 million members at the end of 2018, a number which has increased at a compound growth rate of 119 percent over the past three years, a much faster pace than compound growth in the overall number of Chinese internet users, which was 6.28 percent over the same period. With over 800 million internet users in China at present, the report indicates that there is vast room for growth in the China’s paying member model video market. During 2019, the Chinese market will reach a point of maturity in which a single online platform could have over 100 million subscribing members.The report provides a comprehensive analysis of the Chinese online video market by analyzing the volume of “buzzworthy” videos, business models, market scale and development trends by integrating multiple data set from sources including the China Internet Network Information Center, financial reports from public companies and Entgroup’s database. “Our report clearly shows that paid content has already become a driving force in China’s online entertainment market in 2018,” said Liu Cuiping, Vice President at Entgroup. “This was most clearly demonstrated by the listing of market leader iQIYI on NASDAQ last spring, showing that capital is beginning to realize the huge potential of this market if companies have a clear business development strategy and a focus on attaining new members and the creation of strong original content.”Key findings in the report are as follows:

Top-tier platforms producing popular content will be key drivers of market growth. iQIYI has achieved a higher growth in subscribing members than Netflix, with subscribing members up 89% year-on-year in the third quarter of 2018.

High-quality content has laid a solid foundation for growth of paid memberships. iQIYI’s Story of Yanxi Palace, a blockbuster drama and the most searched TV series on Google in 2018, has contributed greatly to the growth of the company’s paid membership. The Rap of China, a smash hit variety show that was one of iQIYI’s other hits, led the field in attracting new paid members by offering exclusive premium content and IP related benefits to members. A

Online video platforms have created a new user-oriented business model through the implementation of a revenue-sharing model for the production of content. This model both encourages production studios to produce best-quality programs and reducing costs for platforms.A

Crossover marketing strategies are boosting joint paid memberships. Video platforms like iQIYI have established strategic partnerships with online platform from other industries, such as JD.com and Ctrip, working together to increase paid membership and enhance the commercial value of the platforms.

A comprehensive IP-based value chain is being created on video platforms. In addition to advertisements and paid membership, online video platforms are discovering business opportunities in live concerts, live streaming, virtual goods, online gaming and e-commerce, which can push forward their capabilities for monetization.A

Future development of China’s online paid video industry:

China’s entertainment market will continue its rapid growth in 2019, with dramas and movies being major drivers for increases in online paid video. Top-tier platforms such as iQIYI will continue to both produce and acquire premium original content to consolidate their brand among users.

AI is expected to play a larger role in personalized recommendations, as well as intelligent creation, intelligent production, intelligent distribution, intelligent broadcasting, etc. Both Netflix and iQIYI use their advantages as companies with a technology background to use AI in content production, making sure that their content is attractive to audiences.

China has huge market potential for paid memberships. Considering Netflix’s recentA raise in subscription fees, China has great potential in terms of increased penetration rate and pricing for online paid video when compared to the US.

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Beauty and Cosmetics

Alma Celebrates Its Platinum Anniversary – 20 Years of Global Leadership

Betty Tűndik

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Logo Source: almalasers.com - edited by Picante.today
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Alma, one of the top five global leaders of energy-based medical and aesthetic solutions, today announced global launch of its 20th anniversary celebrations, kicked-off in Milan, one of the world’s beauty capitals, during WCD tradeshow

From its early days, Alma has been at the forefront of medical and aesthetics technologies, carrying the torch of revolution in various arenas around the world, determined to become a market leader. Today, Alma is a world-leading provider of energy-based solutions for the surgical, medical aesthetics and beauty markets, delivering cutting-edge technologies to its partners and customers in over 80 countries.

Alma’s 20th anniversary events and activities will span around the world throughout 2019, celebrating our journey guided by our key values:

  • Wellbeing of body and soul, a positive celebration of life
  • Knowledge – harness the industry’s brightest minds to lead our endless engagement with science, technology, manufacturing and much more
  • People First – people are our power and passion
  • Daring – being first and doing things differently, constantly challenging ourselves and embracing change in this dynamic world we live in
  • Modern Life – crafting our work around the way people live today, seeking for authentic, inherent realities, identifying trends alongside timeless truths, welcoming the world’s diverse beauty with open arms

“We are delighted to announce our 20th anniversary and invite all of you to join our global celebration. With 20 years of successful and impactful operation behind us, we are excited and committed towards the future – for you, for life,” said Lior Dayan, Alma’s CEO.

 

 

SOURCE: Alma Lasers

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Computer Electronics

Learn more about Quantum Technology and Quantum Mechanics with Dr. André Xuereb at TCE2019 Prague

Zoltán Tűndik

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Decades of research, laboratory curiosities, and world-changing effect notes are starting to be implemented worldwide and the age of quantum is here.

Whenever we are talking about the atomic clock (which already 69 years old) or supercomputers, everything in the natural world can be described by quantum mechanics.

Although, the theory was born a century ago, what is notable about the effort now is that the challenges are no longer scientific but have become matters of engineering. A new industry is born and the future definitely looks exciting as the quantum industry covers far more than just quantum computing. Quantum technology harnesses the strange behavior of tiny particles for a whole range of applications, including navigation tools, enhanced imaging technology, and extremely precise timing devices.

Quantum techniques can also be used to improve the efficiency and capacity of communication channels on a global scale and the method used is Photonics.

The method is focused on the use of light particles, photons, to transmit or carry information. This has been proved to be a less resource-intensive process, since photons are more accessible than other sources of energy, and fiber cables weigh around 40 times less than cables currently used for telephone lines and broadband internet.

During the inaugural PICANTE Tech Conference Europe, we are bringing together industry leaders, scientist and will discuss (among other topics) the investment opportunities in Quantum Technology and Nanotech.

The panel discussion which is titled “Discussions and Investment Opportunities in Quantum Technology and Nanotech” will be joined by Dr. André Xuereb, Professor of Atomic and Quantum Physics at the University of Malta.

About Dr. André Xuereb

André Xuereb is physicist from Malta. He read for an undergraduate degree in mathematics and physics at the University of Malta, a Ph.D. in theoretical physics at the University of Southampton in the UK, and a master degree in entrepreneurship at the University of Malta. He is a professor of atomic and quantum physics at the University of Malta, is Science Policy Officer of the Malta Chamber of Scientists, represents Malta on several European research networks, and was recently elected as the first Maltese member of the Global Young Academy. André has an active career in science, having established and leading the quantum research group at the University of Malta, and co-owns an educational software startup.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

Seats are limited (Super Early Bird Rate – valid through 30th of June)

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Awards

Elekta Wins 2019 ‘Medical Device Engineering Breakthrough’ Award From MedTech Breakthrough

Betty Tűndik

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Logo Source: medtechbreakthrough.com - edited by Picante.today
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Annual awards program recognizes outstanding health and medical technology products and companies

Elekta (EKTA-B.ST), today announced that MedTech Breakthrough, an independent organization that recognizes the top companies and solutions in the global health and medical technology market, has presented the “Medical Device Engineering Breakthrough” award in the 2019 MedTech Breakthrough Awards program to Elekta for its Elekta Unity MR-linac.

Elekta Unity combines two technologies: a state-of-the-art 1.5T MRI scanner and a best-in-class 7 MV linear accelerator, driven by breakthrough real-time adaptive radiotherapy software. It provides the ability to reshape the dose based on daily changes in shape, size and position of the tumor and surrounding healthy anatomy, as visualized with MRI, and then enables accurate dose delivery with real-time visualization of the tumor.

“We reserve our Medical Device Engineering Breakthrough award for recognizing transformative technology and Elekta Unity is a shining example of groundbreaking medical technology deserving of this designation,” said James Johnson, managing director, MedTech Breakthrough. “In addition to Elekta Unity displaying breakthrough engineering that combines precision radiation therapy and high-field MR imaging, Elekta Unity addresses one of the most critical healthcare issues in the world with a focus on providing the next generation of cancer care.”

The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories, including Robotics, Clinical Administration, Telehealth, Patient Engagement, Electronic Health Records, mHealth, Medical Devices, Medical Data and many more. This year’s program attracted more than 3,500 nominations from over 15 different countries throughout the world.

“It’s an honor for Elekta to win this prestigious award,” said Richard Hausmann, Elekta’s President and CEO. “The Unity system’s breakthrough technology demonstrates our leadership in precision radiation medicine and commitment to the needs of the patient and cancer care team delivering treatment.”

Robert Woolston, Managing Director at DCA Design International, Elekta’s design partner for the MR-linac system, commented, “Congratulations to all involved in the development of Elekta Unity. We are delighted to see this system winning award after award and most importantly to see it improving cancer patients’ radiotherapy experience and outcomes, as it ushers in a transformation in precision and personalized cancer treatment.”

Through Elekta Unity’s integrated and responsive software, tumors and surrounding tissue can be precisely located, their movement tracked, and treatment adapted in real time based on live information. This allows treatment plans to be adapted while the patient is on the table in response to changes in tumor position, shape, biology and the relationship to sensitive organs over time.

 

 

SOURCE: Elekta

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