Z/IPStream R/2 is the latest generation of streaming audio processing and encoding hardware in the Z/IPStream family, handling multiple channels of processing and encoding in a compact 1 RU chassis. From 2 to 8 simultaneous processing and encoding instances are supported, including 8 channels of AES/EBU I/O. The "base" unit includes two stereo program inputs with X/2 processing and encoding instances. Each X/2 instance features 3-band Omnia audio processing, and supports a number of popular encoding formats including MP3, MP2, AAC-LC, HE-AAC, and HE-AAC v2. Supported streaming platforms include Triton Digital, ICEcast, SHOUTcast, SHOUTcast v2, Adobe Flash Media Server, Adobe RTMP, RTP streams, LimeLight, Akamai, and Wowza.

Z/IPStream R/2 is fully managed and configured remotely with a web browser. AES/EBU and Livewire I/O are standard.