POLYV adopts SaaS and aPaaS to help enterprises quickly set up their own live streaming systems for education, training, marketing, exhibition, recruitment, annual parties, and other business scenarios. Its core offerings are Live Streaming Cloud, Video Cloud, Streaming Cloud Classroom, Private Cloud Video, and Live Streaming Cabin. Since its establishment in 2013, POLYV has served more than 200,000 enterprise users from the education, finance, healthcare, automotive, real estate, and B2B sectors. It supports over six million live broadcasts annually for large enterprises and organizations, including China Central Television, China Central Party School, People's Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Bank of China, Tsinghua University, Peking University, JD.com, and Midea. It was ranked the top enterprise live streaming service provider for three consecutive years from 2020 to 2022.
Since its establishment in 2013, POLYV has been committed to enterprise live streaming and has accumulated rich experience in video live streaming applications, so it well understands how to differentiate its services for different sectors such as finance and education. COVID-19 witnessed a boom in the growth of live streaming applications, and enterprises in various industries have started embracing live streaming. This presents both opportunities and challenges. POLYV hopes for continuous breakthroughs in CDN, RTC, low-latency streaming, and other underlying audio/video technologies to cater to the diverse live streaming needs of customers and solve their problems in online video applications.
In-depth communications led to POLYV's strategic partnership with Tencent Cloud. Working with Tencent Cloud's audio/video team, it has created a solution integrating CSS, CDN, TRTC, Cloud Object Storage (COS), TencentDB for Redis, and LEB to deliver stable and secure video cloud services with fast access and low latency. Furthermore, it has incorporated FHD interactive online video applications into all enterprise business scenarios, well satisfying unique needs for video live streaming and creating value for customers.
The cooperation between POLYV and Tencent Cloud is in line with the common interests of both parties. Their products complement each other to offer quality services to customers with different levels of needs. POLYV's video cloud products add to Tencent Cloud's application-layer product line, which can fully explore and meet the needs for online video applications in government affairs, enterprise, finance, education, and other industry verticals. With resources provided by Tencent Cloud V+ Ecosystem, POLYV has successfully completed industry expansion, sales channel expansion, and revenue increase.