Demo: MPEG-5 LCEVC | V-Nova: MPEG-5 LCEVC boosts compression-speed tradeoff and reduces power consumption of AV1

IBC2022: The presentation demonstrates how MPEG-5 LCEVC provides a boost to the tradeoff between compression efficiency and transcoding speed of any other codec. It covers several codecs including AV1 and also describes how LCEVC could simultaneously expand the mobile reach of AV1 and reduce the power consumption.