Starting a new innovative service from "M- AGROINVEST" Ltd

In 2016 "M- AGROINVEST" completed development of its new innovative web application "digital television organazer", which it plans to implement to provide innovative web service "VIDEO FARM." The service will enable online video transcoding and segmentation of customer video streams. Users of the service will be able to send their video streams live over the Internet or through built private Layer 2 connections to the service provider 'VIDEO FARM. The innovative service will allow customers to choose in which video and audio formats their video streams to be transcoded, and may choose also how various video streams to be segmented. Segmentation into different containers enables the video to be reproduced in a maximum number of client devices. New to the service is the offering of segmentation of video streams in MPEG-DASH standard and HEVC video codec with simultaneous support for MPEG4 video. The innovative service will allow a video stream to be encoded in several different resolutions, allowing adjustment of video quality depending on the speed of the Internet connection. Innovative for "VIDEO FARM" is offering manifests for adaptive video streams for MPEG-DASH distribution. The manifests deacribe various segmented video streams with their resolutions and speeds of transmission and how they can be reached. Changing the encoding and segmentation in real time is performed by specialized hardware - "Server for transcoding and segmentation." Within the project "M- AGROINVEST" would buy 10 pcs. "Server for transcoding and segmentation." The purchased fixed assets will be located in a new business establishment in the city of Plovdiv, where one will have good connectivity to all telecommunications and cable operators in Bulgaria and abroad. With the implementation of the project "M- AGROINVEST" will enter a new field of activity, it will create a new business enterprise, will introduce a new innovative service and offer it to the market.

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Overview

Status Closed (completion date)
Start date 18 Jan, 2017
End date 21 Sep, 2017
Contract date 18 Jan, 2017
View in UMIS

Financial information

Total cost 1,370,000.00
Grant 959,000.00
Self finance 411,000.00
Total paid 958,965.00
EU participation percent 85.0%

Location