On March 16th, Skyworth Group and Baidu Co., Ltd. reached a strategic cooperation. Baidu's strategic investment Skyworth's Internet TV operation brand is coolly opened. Baidu's dialogue AI operating system, DueerOS, will be fully connected with the Coocaa system; both parties will be in AI (artificial intelligence). The field launched a series of in-depth cooperation to jointly provide consumers with products and services at the entry level of smart homes.
Baidu founder, chairman and CEO Li Yanhong, senior vice president of Baidu Liu Hui, Bai Jing, deputy general manager Jing Ye, Skyworth Group founder Huang Hongsheng, Skyworth Group Chairman Lai Weide, Cool Open Network Technology Chairman Lin Jin, Co-Chief CEO Wang Zhiguo and other companies attended the strategic cooperation signing ceremony.
At the scene of the strategic cooperation conference, the leaders of both parties exchanged gifts. Li Yanhong, chairman and CEO of Baidu, presented to Mr. Lai Weide, chairman of the board of directors of Skyworth Group, a book “Intelligent Revolution†compiled by himself, which reflects Baidu’s active transformation of AI’s capabilities and determination in the new era of intelligence; Chairman Lai Weide and Director Li Yanhong Long presented the first domestic AI quality chip independently developed by Skyworth, demonstrating Skyworth's remarkable capabilities and achievements in TV hardware capabilities. The cooperation between the two companies also represents the perfect combination of hardware and software in the AI ​​industry, and will surely bring about a new upgrade of the industry and a new leap in user experience.
Not only capital connections, but also business collaboration
Skyworth and Baidu's strategy join forces, mainly from two aspects:
The first is capital connection.
Although Coocaa is an Internet TV operation platform under Skyworth, it has always been adhering to the spirit of openness in the development process and has introduced external resources and strategic shareholders rhythmically. According to public information, in September 2016 and June 2017, Coocaus obtained Baidu’s Iqiyi and Tencent strategic investments, respectively.
This time, Baidu continued to open its code at the capital level. After the completion of the new round of strategic investment, the market value of CoolOpen is nearly 10 billion yuan. At present, the total number of active activations of CoolOpen's terminals exceeds 28 million, and the number of active users exceeds 12 million. Whether it is the number of users that can be operated or the market valuation, Kukai is among the best in the industry.
The second is business collaboration.
With capital as a link, Skyworth and Baidu can better conduct business collaboration. At the strategic cooperation conference, the two parties stated that they will launch a series of in-depth cooperation in product and technology.
In terms of products, Skyworth TV will launch a joint development of the CoocaaOS and DuerOS dual-engine super AI TVs Q5, Q6, and Q7 series. In addition, Skyworth, Coolcom and other old smart TVs equipped with a cool open system will also be gradually upgraded to Dual intelligent engines. The two parties will also cooperate in the introduction of smart home entry-level smart products to create a smart home control terminal.
In terms of technology, Baidu's interactive AI operating system, DueerOS, will fully interface with the CoolOpen system. Baidu's frontier technology capabilities such as face recognition and image recognition will be fully introduced into the CoolOpen system. And in the future, we will do more forward-looking technology deployment in the smart home field.
It can be seen that the cooperation between Skyworth and Baidu is not simply a matter of cooperation at the capital level, but deep collaboration at the business level. Such a strong alliance will have a far-reaching impact in the color TV industry and even the entire AI smart industry.
Strategic perfect matchmaking, cooperation to create a win-win situation
As a leading brand in China's color TV industry, Skyworth is unmatched in its hard power. For example, Skyworth independently developed the AI ​​quality chip “Hummingbirdâ€, which uses the AI ​​technology to search, identify, and reconstruct the image, which can accurately improve the image quality and restore the high-quality images with extreme presence. And Baidu has years of massive data resources and leading AI technology.
Why do giants, who seem to be on two different tracks, hold hands together and embrace each other? The reason is actually very simple, that is, the development strategy of both parties can achieve perfect connection.
From the aspect of Skyworth, although TV hardware has always been its core label, from the perspective of creating a smart home product service ecosystem, it is obviously not enough to have excellent hardware capabilities. From the perspective of Baidu, it is possible to better achieve the landing of the DuerOS system in the home and allow Baidu's artificial intelligence technology and premium content resources to benefit more users.
Specifically, Skyworth chose to introduce DuerOS, Baidu's conversational AI operating system, to CoolOpen. One important reason is the recognition of Baidu's AI capabilities and ecological advantages. Because, in the future competition of artificial intelligence products, competition is not only the speech recognition rate, but also the back-end service capabilities.
With the help of Baidu DuerOS, the CoolOpen system can not only enhance the TV user experience, but also create new advertising and marketing models based on Baidu search and artificial intelligence voice to realize OTT traffic.
For example, using the TV's voice portal can greatly solve the problem of the use of cumbersome TV remote control, improve the application of the open rate, flow value is huge; through the introduction of voice search capabilities, can improve the cool open system experience, improve user pay rate, on-demand rate.
Skyworth will fully enter the AI ​​field and use AI technology to optimize the diversified products of Skyworth. Its strategic significance is to be able to combine Internet and chip technologies, provide consumers with better experience through the AI ​​algorithm, lead the consumer electronics field, and realize Skyworth's One hundred billion dreams.
Skyworth teamed up with Baidu to achieve the perfect match of strategy. On the one hand, Skyworth can fully enter the AI ​​field, combine Internet and AI chip technologies, and enable smart terminals such as color TVs to achieve product and service upgrades and help achieve the strategic goals of the 100 billion yuan Skyworth; on the other hand, Baidu’s AI capabilities A wider range of hardware entry will help Baidu play its advantages in software, algorithms, content, and services at home.
The wisdom of the family has arrived, Skyworth occupied the commanding heights with AI
Taking AI as an entry point, the strategic cooperation between Skyworth and Baidu, the final landing area is a smart family.
With the rapid development of technologies such as the Internet, artificial intelligence, and the Internet of Things, the market potential of smart homes and smart home industries is erupting. Market research firm Statista predicts that the global smart home market will reach 79.3 billion U.S. dollars in 2021; ABI Research forecasts that the global smart home market will reach 70 billion U.S. dollars by 2018, and in 2021 it will exceed 100 billion U.S. dollars.
At present, Skyworth has built a relatively complete smart home hardware ecosystem, including high-definition OLED TVs, open Kukai Internet TV systems, and intelligent refrigerators, washing machines, air conditioners...
As artificial intelligence gradually becomes the new fundamental capability of the industry, Skyworth's smart family has more room for development. In terms of the creation of smart homes, Skyworth proposed the concept of a “smart new ecologyâ€, in which the application of artificial intelligence is a major highlight. The industry generally believes that artificial intelligence must be landed in specific industries before it can release its huge potential. Smart households are one of the best areas for landing.
Skyworth teamed up with Baidu's strategy to conduct in-depth joint development based on Baidu DuerOS and Skyworth CoocaOS. Skyworth can launch a new generation of dual-engine super AI smart TVs, smart speakers, voiceprint payment and other "intelligent home entry level" products to further enrich smart homes. The product and service ecosystem realizes the full depth layout of the smart family ecological chain.
Through cross-border cooperation, breaking the industrial boundaries and realizing the great leap in software and hardware capabilities, Skyworth will bring about a brand new user experience for consumers, and it will also drive the transformation and upgrading of the entire color TV industry and the accelerated development of the smart home industry.
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