This technical report provides an overview of NDI 5, the latest version of the widely adopted software-defined IP video standard developed by NewTek. It outlines the capabilities of NDI 5, which allows for high-definition video transmission over standard LAN networks with low latency and frame accuracy. The report details how NDI 5 integrates seamlessly with existing software applications and network infrastructures, enabling video professionals to enhance their workflows without the need for special hardware. Key features include the introduction of NDI Bridge for remote production workflows, NDI Remote for easy connection to remote sources, and improvements in network connectivity with Reliable UDP. The document also highlights the compatibility of NDI with other technologies, such as Dante, and emphasizes the importance of network congestion control for reliable performance. Overall, NDI 5 represents a significant advancement in live video production capabilities, facilitating easier integration and collaboration across various platforms.