On October 13, Thudo Multimedia had the honor of being one of the pioneering enterprises to receive a memorandum of cooperation within the framework of the Project for Enhancing the Competitive Capacity of the Private Sector in Vietnam (IPSC). This recognition occurred at the “Pioneering Entrepreneurial Spirit, Sustainable Innovation in Vietnam” forum, organized by the Ministry of Planning and Investment with the support of the United States Agency for International Development (USAID).
Thu Do Multimedia’s exhibition area at the forum
According to the results announced on October 7, 2022, Thudo Multimedia was one of the first 6 businesses to receive the Premium Support Package from the USAID IPSC project. This project aims to select pioneering enterprises (PEs) with innovative Vietnamese products, enabling them to compete in international markets. Among the selected businesses, there were technology-focused companies like Thudo Multimedia, Mismart…
The USAID IPSC project provides support for these enterprises to develop a business strategy for the next 3-5 years, enhancing their internal capabilities and effectively leveraging external resources to adapt and grow in a rapidly changing and increasingly risky business environment.
Over the next two years, the promised support package is expected to be a significant resource for Thudo Multimedia, facilitating the active implementation of strategic activities, enhancing core management and operational capabilities, conducting research and development for international market strategies in regions such as Europe and North America, and establishing and developing high-quality human resources through international partnerships with companies like Google and Amazon. The support will also include certification consultation for international standards such as FDA, ISO, and BSI.
Thudo Multimedia has been recognized as a pioneering company in the research and production of OTT television, TV Technology Solutions, Digital Rights Management (DRM) content protection, and Low Latency Streaming.
Over the past 13 years, with a workforce from various universities such as Hanoi University of Science and Technology, Hanoi University of Science and Technology, Posts and Telecommunications Institute of Technology, Foreign Trade University, National Economics University, etc., Multimedia has consistently strived to become a strong player in the information technology sector in general and the digital content sector in particular.
- In December 2019: Thudo’s Sigma DRM digital content protection solution passed the security certification by Cartesian’s Farncombe. Thudo Multimedia takes pride in being the first and only Vietnamese company to achieve this certification, as well as the sole company in Southeast Asia and one of only six companies in Asia to attain this recognition.
- Thudo made it into the list of 20 global companies possessing SigmaDRM (Digital Rights Management) content protection solutions, and they confidently aim to take Vietnamese intellectual property worldwide.
- Thudo have numerous technological innovations in the television sector, including livestreaming, interactive television, internet television, and Content Delivery Network (CDN).
- Thudo Multimedia has implemented their solutions for many major partners in Vietnam, the United States, India, and the Middle East, including Akamai, Nuance, VTVCab, Viettel, Vinaphone, Mobifone, and MCV.
The “Made by Vietnam” solutions from Thudo Multimedia have made a notable creative impact in recent years, particularly in the OTT (Over-The-Top) field, with a strong focus on two main product lines.
The first is the Sigma DAI/SSAI solution, which enables online television and video service providers to insert advertisements into video content at the server level before it is delivered to viewers’ devices. This optimization ensures a smooth and uninterrupted viewing experience by delivering ads seamlessly within the original content. Additionally, Sigma DAI/SSAI by Thudo provides detailed ad performance monitoring capabilities, allowing advertisers and service providers to gain a deeper understanding of how viewers interact with advertisements.
The second solution is the Sigma DRM (Digital Rights Management). Statistically, copyright violations in Vietnam alone resulted in damages of up to $350 million in 2022, with thousands of websites involved in content theft and unauthorized broadcasting, all while the applicable sanctions were not clearly defined. Recognizing this significant issue, the talented team at Thudo Multimedia introduced the Sigma DRM solution, designed to safeguard intellectual property rights and prevent unauthorized duplication and distribution of digital content. This solution has been certified by Cartesian to meet international standards, and Thudo Multimedia takes pride in being the first and only Vietnamese company, the sole Southeast Asian company, and one of only six Asian companies to attain this certification.
Thu Do Multimedia’s exhibition area at the forum
The memorandum of understanding between the Department of Business Development and Thudo Multimedia serves as a significant source of motivation in Thudo’s journey, with a commitment to the mission of continuing to invest in research and development to provide more advanced technological solutions and support the sustainable development of the media and entertainment industry.
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