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Tencent Cloud Named as a Major Player in IDC MarketScape for Edge Delivery

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HONG KONG, Nov. 29, 2024 /PRNewswire/ — Tencent was recognized as a Major Player in the IDC MarketScape: Worldwide Edge Delivery Services 2024 Vendor Assessment (doc #US51812424, November 2024) report. Tencent Cloud, as a representative vendor, has made a strategic move with its integrated edge platform, EdgeOne, positioning itself to capitalize on opportunities presented by edge services.

Strategy- and technology-driven, a truly one-stop edge cloud security and acceleration platform

Tencent Cloud’s globally launched EdgeOne solution is a truly one-stop cloud security and acceleration platform. It continuously refines its advantages in edge acceleration and edge security capabilities, catering to the needs of developer communities, media, and other industries, thereby driving digital transformation and rapid business growth across various sectors.

Specifically, in terms of edge acceleration, EdgeOne optimizes HTTP/HTTPS, TCP/UDP network transmissions, and combines dynamic and static content to provide efficient acceleration services for a diverse range of business content in a simple and streamlined manner.

On edge security, EdgeOne offers comprehensive security protection capabilities such as DDoS/WAF/Bot/rate limiting through a distributed architecture, further democratizing security capabilities and providing users with normalized protection.

The report notes, “Tencent Cloud supports flexible pricing that includes free access for developers and basic, advanced, and custom models for enterprise customers.” To encourage more developers to participate, collaborate, and improve edge applications, EdgeOne has created the OpenEdge, an open co-creation technology platform for developers to build the next generation of edge AI Serverless applications. Additionally, in September of this year, the platform launched the “Pages” feature designed for modern web development, assisting developers in rapidly building and deploying static sites and serverless applications.

Furthermore, EdgeOne is actively integrating AI technology to develop AI@Edge capabilities. It supports enterprises in deploying computing resources at the edge, offer runtime environments for LLM training and inference, and enables AI applications for video and image generation and processing, as well as for AI-generated content storage and caching.

Top choice for enterprise global business development, with comprehensive industry services for gaming, e-commerce, media, etc.

While continuously refining its technology, EdgeOne is also actively implementing solutions across various industries. The report indicates that Tencent possesses extensive expertise in e-commerce, media, and gaming, with these market segments poised for good growth in the foreseeable future. At present, EdgeOne has already served top clients and typical scenarios in various industries globally, including gaming, e-commerce, media, and finance.

In the gaming sector, EdgeOne’s global nodes, combined with innovative architecture, have accelerated game server access by over 30%, improved download speeds for game developers by an average of 50%, and increased first-day user activity by 20%. Currently, EdgeOne has served over 500 gaming clients globally, providing services for Tencent’s self-developed strategic games like Honor of Kings international edition. Additionally, EdgeOne supports global operations for companies such as Kuro Games’s “Wuthering Waves” and BluePoch’s “Reverse 1999”, ensuring both security and performance.

In e-commerce, leveraging its highly scalable architecture and edge computing capabilities, EdgeOne can meet the customized configuration needs of cross-border e-commerce clients, supporting agile business iterations. Its integrated architecture of one-stop security acceleration ensures smooth website access, sustains high traffic volumes during major promotions, and provides comprehensive security protection, preventing fraudulent activities and malicious attacks.

Through Tencent’s deep expertise in the media sector, especially its networking and audio-video technologies accumulated over more than 20 years, EdgeOne further extends media capabilities to edge nodes and has launched the “Edge Media” section. It offers one-click configuration for audio-video on-demand scenarios, enhancing playback experiences through capabilities such as video preloading and chunk optimization. Additionally, it provides real-time transcoding, encryption, screenshot capabilities, enabling instant access to media processing results, reducing transcoding and storage costs, and enhancing efficiency for multimedia businesses.

The report noted Tencent’s strength as a growing global footprint beyond its domestic market. We believe EdgeOne has become one of the top choices for global business scenarios going overseas, and also a preferred option for international companies entering the Chinese market. In the international market, EdgeOne is highly recognized by customers, achieving deep coverage in Northeast Asia gaming markets with a coverage rate of 80% among the top 10 revenue-generating gaming companies in South Korea.

In addition to its rich industry experience, since its launch, EdgeOne’s technological and product capabilities have been highly recognized across various sectors. It has been selected as a representative vendor in Gartner’s “Market Guide for DDoS Mitigation Solutions”, “Market Guide for Cloud Web Application and API Protection”, and “Market Guide for Edge Distribution Platforms”. According to Omdia’s “DDoS Prevention Technology Market Tracker”, Tencent Cloud EdgeOne holds the top market share for DDoS solutions in the Asia-Pacific region.  In the evaluation of edge computing functions conducted by the China Academy of Information and Communications Technology (CAICT), EdgeOne has demonstrated superior performance compared to its competitors. Moreover, Tencent Cloud with its EdgeOne is the only vendor that fully meets the standards set by CAICT in terms of edge security acceleration capabilities, making EdgeOne the pioneering case study of CAICT’s edge computing. In collaboration with CAICT, Tencent Cloud has also fully engaged in the standard development process by jointly publishing a white paper on the Edge Serverless domain.

In the future, Tencent Cloud’s EdgeOne will continue to promote technological innovation and product optimization to meet the significant acceleration demand and security challenges faced by enterprises in the process of digital transformation in the global market. It aims to drive business innovation and enterprise development to a higher level in various industries.

Note:
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. The Capabilities score measures supplier product, go-to-market and business execution in the short-term. The Strategy score measures alignment of supplier strategies with customer requirements in a 3-5-year timeframe. Supplier market share is represented by the size of the icons.

About IDC MarketScape:

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel and transportation.

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India’s International AVGC XR festival gets bigger with AVAF joining hands with SAIK and Toonz Media Group

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AniMela, an initiative of the Aniverse & Visual Arts Foundation (AVAF), partners with Animation Masters Summit to bring the industry’s top talent to Thiruvananthapuram

THIRUVANANTHAPURAM, India, Nov. 29, 2024 /PRNewswire/ — In an exciting development for India’s thriving animation, visual effects, gaming, comics, and XR (Extended Reality) industries, the Society of AVGC-XR institutions in Kerala (SAIK) has collaborated with AniMela and Animation Masters Summit (AMS) to host the International AVGC XR Festival in Kerala. Scheduled for March 6–9, 2025, the AniMela-AMS Festival 2025 will merge the highlights of these two renowned events, offering a unique and unparalleled experience for professionals and enthusiasts in the sector.

The International AVGC XR Festival will take place in Thiruvananthapuram and feature a strategic partnership with the Annecy International Film Festival, France, one of the world’s leading animation festivals. This collaboration will bring some of the biggest names in animation, VFX, and immersive media to Kerala, offering a unique opportunity for international talent to engage with India’s vibrant animation community.

AniMela, which has been conducted annually by Aniverse and Visual Arts Foundation (AVAF), has become a significant event for the Indian animation and gaming community, since its launch 2 years back. Animation Masters Summit (AMS), which has been held every year since 1999 by Toonz Media Group, is one of the most prestigious platforms for animation professionals, attracting top talent from across the globe. This collaboration will create a comprehensive festival experience that will offer global insights, innovation, and collaboration opportunities for India’s burgeoning creative sector.

P Jayakumar, CEO Toonz Media Group and President of SAIK, said, “This collaboration with AniMela, Animation Masters Summit, and Annecy represents a momentous step forward for the AVGC and XR sectors in India. By joining forces, we aim to create an event that not only highlights the latest developments in animation and immersive media but also provides a unique space for professionals and students to engage with world-class content and technologies. The involvement of Annecy further strengthens the festival’s position as a global platform for creativity and collaboration.”

Mickael Marin, Festival Director, Annecy Festival, shared his enthusiasm, “Annecy is proud to support the second edition of this ambitious festival, marking a new chapter with its move to Thiruvananthapuram. This partnership reflects our commitment to connecting the global animation community with the talents and the animation film industry in India. We warmly thank the AniMela team and all the partners who have made this project possible.” 

The Society of AVGC Institutes in Kerala (SAIK) is actively involved in organizing the festival, ensuring the presence of key policymakers and industry leaders. The three-day festival is expected to draw around 8,000 attendees, offering a comprehensive program that includes knowledge centers, experiential zones, film screenings, and extensive professional networking opportunities. The event will provide valuable exposure to international content, while offering students and animators the chance to explore emerging technologies and trends.

India’s AVGC-XR never stops surprising us with its incredible wave of young talent. It is a great honour to team up with the Animation Master Summit and SAIK to offer them opportunities like the International MIFA Campus and the global stage they deserve. We are thrilled to be in Kerala, the land of art and inspiration, where we aim to make AniMela-AMS a true destination festival that celebrates the future of our industry,” said Anne Doshi, Artistic Director, AniMela.

The AniMela AMS Festival 2025 promises to be a landmark event that will set the stage for the future of the AVGC and XR industries in India, as well as strengthen Kerala’s position as a hub for creative innovation.

About Toonz Media Group

Toonz is a 360-degree media powerhouse, with over two decades of unparalleled experience and one of the world’s most active animation production studios (over 10,000 minutes of 2D and CGI kids and family content per year). Toonz has to its credit several animations and live-action series, as well as feature films, including Wolverine and the X-Men with Marvel, Speed Racer: The Next Generation with Lionsgate, Mostly Ghostly with Universal, Gummy Bear and Friends, and more. Toonz has also ventured into emerging technologies like AR, VR, and Gaming.
https://toonz.co/

About AVAF

The Aniverse and Visual Arts Foundation (AVAF) is a not-for-profit organization dedicated to fostering creativity, innovation, and cultural dialogue within the global Animation, Visual Graphics, and Extended Reality (AVGC-XR) industries. AVAF serves as a catalyst for India’s creative renaissance by creating platforms for emerging talent, offering mentorship, and facilitating collaborations with industry stakeholders, such as producers, financiers, broadcasters, and gaming companies. Through transformative events like AniMela, AVAF aims to position India as a world leader in AVGC-XR, showcasing the country’s artistic excellence and establishing it as a hub for cutting-edge content creation and global talent exchange.

About SAIK

Society of AVGC-XR Institutions in Kerala (SAIK) is a pioneering organisation committed to the advancement and development of the animation, visual effects, gaming, comics, and extended reality (AVGC-XR) sectors in Kerala, India. Established under the Travancore-Cochin Literary, Scientific, and Charitable Societies Act of 1955 as a Not-for-Profit Organisation, SAIK is a business collective of small, medium, and big sized studios engaged in AVGC-XR across Kerala.

The objective of the SAIK is to be a one-stop-shop for all information and needs related to AVGC-XR sector of Kerala State, and to make Kerala an AVGC-XR powerhouse in India and to promote Kerala as an important hub-destination on the global map.

 

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Degrii and BWT Pool Announce Global Strategic Partnership to Revolutionize Pool Cleaning

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LYON, France, Nov. 29, 2024 /PRNewswire/ — At Piscine Global 2024 in Lyon, Degrii, a pioneer with over a decade of cleaning technology innovation, and BWT, a global leader in water solutions, proudly unveiled a strategic partnership set to redefine the robotics pool cleaning market.

Combining Strengths for Unmatched Innovation

Degrii’s 10 years of expertise in battery-powered robotics perfectly complements BWT’s leadership in water technology, its global sales and service network, and unparalleled marketing strength. Together, they will offer a range of advanced pool cleaning solutions, from high-performance cable-operated robots to cutting-edge battery-powered smart systems.

“This partnership with BWT represents a significant milestone for Degrii, allowing us to bring our cutting-edge expertise and innovative range of battery-powered pool robotics to a global audience and become the main player in this market,” said Fei Zhao, CEO of Degrii.

A Shared Vision for Growth

By joining forces, Degrii and BWT aim to accelerate growth and unlock new opportunities in the global pool cleaning industry. Customers will benefit from the combined strengths of Degrii’s technological innovation and BWT’s infrastructure, global sales network, and brand development expertise.

“Collaborating with Degrii allows us to leverage their worldwide leading know-how in battery pool robotics technology and bring our shared vision for uncompromising customer comfort and satisfaction in pool robotics to life. We’re looking forward to the innovative power and dynamic growth that this strategic partnership will foster,” said Andreas Weissenbacher, CEO of BWT.

This partnership signifies a major leap forward in pool cleaning technology, delivering smarter and more efficient solutions that push the limits and set a new benchmark for value and customer satisfaction globally.

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BingX to Announce Alex Nguyen as Spokesperson for Vietnam

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VILNIUS, Lithuania, Nov. 29, 2024 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is proud to announce the appointment of Alex Nguyen as its Regional Spokesperson for Vietnam. The announcement will be made at the Vietnam Tech Impact Summit (VTIS), where BingX is participating as a Platinum Sponsor. This strategic move underscores BingX’s dedication to nurturing local talent and supporting Vietnam’s burgeoning role in the global blockchain and cryptocurrency landscape.

Alex Nguyen brings over two decades of extensive experience in finance, marketing, and business development to his role at BingX. In recent years, Alex has made significant contributions to the tech and crypto industries, further cementing his reputation as an innovator and thought leader in the digital economy. As a seasoned professional in the blockchain sector, Alex will serve as the face of BingX in Vietnam, championing the exchange’s vision to empower the local tech community and foster innovation in the fast-evolving digital economy. As Vietnam continues to emerge as a dynamic hub for blockchain and cryptocurrency, Alex Nguyen’s appointment reflects BingX’s commitment to connecting with local users and advancing the adoption of blockchain technology in the region.

“I am deeply honored to represent BingX as its Regional Spokesperson for Vietnam, a country poised to be a significant player in the global tech and blockchain landscape. Through this role, I look forward to fostering meaningful connections, supporting local innovation, and advancing the adoption of transformative blockchain solutions. Together with BingX, I am committed to empowering Vietnam’s tech community to embrace the immense opportunities of the digital age.” said Alex Nguyen.

Vivien Lin, Chief Product Officer of BingX, remarked: “The appointment of Alex Nguyen as our Regional Spokesperson is a significant milestone in our journey to deepen engagement in Vietnam. Alex brings valuable insights and leadership that align with our vision to bridge global expertise and local opportunities. This move underscores our ongoing commitment to empowering Vietnam’s tech innovators and accelerating blockchain adoption in this critical market.”

Scheduled for December 3rd and 4th at the National Convention Center in Hanoi, Vietnam, VTIS connects global experts, investors, and businesses, unlocking opportunities for collaboration, market access, and innovation. This premier tech event serves as a gateway to Vietnam’s rapidly growing technology market. BingX’s sponsorship aligns with its mission to become the gateway for the next billion crypto users. Alex Nguyen will deliver a keynote on blockchain innovations and join a panel discussing future advancements and security in digital assets, emphasizing BingX’s focus on fostering growth and innovation in Vietnam’s tech community.

Through its sponsorship of VTIS and the appointment of Alex Nguyen, BingX reaffirms its commitment to empowering Vietnam’s tech community with cutting-edge solutions, fostering partnerships, and inspiring broader adoption of digital assets. As a trusted leader in the global crypto space, BingX continues to set benchmarks for collaboration, innovation, and accessibility in emerging markets like Vietnam.

About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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