TIRIAS Research has published a new white paper, The First Billion Users: Powering Virtual Reality with Advanced Video Encoding & Rendering sponsored by NGCodec. TIRIAS Research believes cloud VR is the only viable path to delivering virtual reality to the first billion users. In the mobile cloud VR paradigm, powerful cloud edge servers stream VR experiences to mobile clients using low latency video transfer on Wi-Fi and upcoming 5G wireless networks. Achieving a sub-20 ms motion-to-photon latency for VR, with the insertion of actively encoded video between the server and client, requires a new, high performance video encode to decode pathway. The NGCodec team has spent the last ten years developing such a solution, demonstrating high quality, ultra-low latency streaming of PC class VR experiences to thin, network based clients using 250:1 compression. The NGCodec solution delivers sub-10 ms latency driving 2K+ horizontal resolution on the HTC VIVE and Oculus Rift, and is targeting sub-5 ms latency for future 8K resolution systems.