Speech recognition

Voice User Interface Market to Reach $95.41 Billion, Globally, by 2030 at 21.5% CAGR: Allied Market Research

Retrieved on: 
Tuesday, August 3, 2021
Speech recognition, User interface techniques, Voice user interface, Human–computer interaction, Biometrics, Computing, Technology

"According to the report, the global voice user interface industry generated $13.65 billion in 2020, and is estimated to garner $95.41 billion by 2030, portraying a CAGR of 21.5% from 2021 to 2030.

Key Points: 
  • "According to the report, the global voice user interface industry generated $13.65 billion in 2020, and is estimated to garner $95.41 billion by 2030, portraying a CAGR of 21.5% from 2021 to 2030.
  • Surge in voice biometric security applications, rise in penetration of Internet of Things, and growth in demand for self-service applications propel the growth of the global voice user interface market.
  • Based on offering, the solution segment accounted for nearly two-fifths of the global voice user interface market in 2020, and is projected to maintain its leadership status during the forecast period.
  • This is due to various benefits of the voice user interface solutions, such as flexibility, multitasking, accessibility, and privacy.

Voice User Interface Market to Reach $95.41 Billion, Globally, by 2030 at 21.5% CAGR: Allied Market Research

Retrieved on: 
Tuesday, August 3, 2021
Speech recognition, User interface techniques, Voice user interface, Human–computer interaction, Biometrics, Computing, Technology

PORTLAND, Ore., Aug. 3, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Voice User Interface Market by Offering (Solution and Service), Application (Smart Speakers, Interactive Voice Response, Voice Controlled Devices, Smartphone's & Tablets, and Others), Industry Vertical (BFSI, Retail & E-commerce, Consumer Electronics, Automotive & Transportation, Healthcare & Life Sciences, Travel & Hospitality, and Government & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030." According to the report, the global voice user interface industry generated $13.65 billion in 2020, and is estimated to garner $95.41 billion by 2030, portraying a CAGR of 21.5% from 2021 to 2030.

Key Points: 
  • "According to the report, the global voice user interface industry generated $13.65 billion in 2020, and is estimated to garner $95.41 billion by 2030, portraying a CAGR of 21.5% from 2021 to 2030.
  • Surge in voice biometric security applications, rise in penetration of Internet of Things, and growth in demand for self-service applications propel the growth of the global voice user interface market.
  • Based on offering, the solution segment accounted for nearly two-fifths of the global voice user interface market in 2020, and is projected to maintain its leadership status during the forecast period.
  • This is due to various benefits of the voice user interface solutions, such as flexibility, multitasking, accessibility, and privacy.

Distinguished Research Scientist, Dr. Zoltán Tüske, to Join AppTek and Drive New Innovations in Automatic Speech Recognition

Retrieved on: 
Tuesday, August 3, 2021
Computational linguistics, Academic disciplines, Articles, Technology, Speech recognition, Acoustic model, Neural network, Speech synthesis, Deep learning

"Our mission is to advance the science behind automatic speech recognition and provide the most accurate solution in the field" stated AppTek's Chief Speech Scientist Eugen Beck.

Key Points: 
  • "Our mission is to advance the science behind automatic speech recognition and provide the most accurate solution in the field" stated AppTek's Chief Speech Scientist Eugen Beck.
  • Dr. Tske brings over 15 years of experience in speech recognition technologies with a focus on neural networks, signal processing, feature extraction, acoustic modeling, multilingual modeling, and language modeling.
  • Prior to joining AppTek, Tske was a Research Scientist at IBM's AI Speech Technologies research group.
  • "I look forward to working closely with the team to further advance the state-of-art for speech recognition performance."

Mind the (Accent) Gap: DefinedCrowd Contributing to More Inclusive Speech Technology

Retrieved on: 
Thursday, July 29, 2021
Articles, Academic disciplines, Human communication, Computational linguistics, Automatic identification and data capture, Developmental psychology, Computer accessibility, Speech recognition, Accent perception, Accent, American English, International Standard Audiovisual Number

"There isan accent gap in speech technology.

Key Points: 
  • "There isan accent gap in speech technology.
  • Research shows that speech recognition technologies are not nearly as accurate in understanding nonnative accents as they are in understanding white, non-immigrant, upper-middle-class Americans,"said Dr. Daniela Braga, founder and CEO ofDefinedCrowd.
  • It is not a surprising phenomenon; it is this demographic that had access to and trained the technology from the beginning.
  • To access the data, developerswill need to register onDefinedCrowd'sMarketplace here , after which they will receive a link to download the dataset.

Rev.com's industry-leading speech recognition technology now available in 31 languages, helping developers build for global audiences

Retrieved on: 
Thursday, July 29, 2021
Computational linguistics, Human–computer interaction, Computing, Speech recognition, Automatic identification and data capture, Computer accessibility, Artificial intelligence

AUSTIN, Texas, July 29, 2021 /PRNewswire/ -- The world's most accurate speech-to-text engine, Rev.com, today announced that Rev.ai, its industry-leading automatic speech recognition technology, is now available in 31 languages.

Key Points: 
  • AUSTIN, Texas, July 29, 2021 /PRNewswire/ -- The world's most accurate speech-to-text engine, Rev.com, today announced that Rev.ai, its industry-leading automatic speech recognition technology, is now available in 31 languages.
  • Rev.ai is the most accurate automatic speech recognition engine in the world.
  • Its suite of speech-to-text APIs allows developers to build powerful downstream applications with a speech engine trained on more than 50,000 hours of human-transcribed content.
  • Rev's Global Voice Recognition service has expanded the number of languages offered with its asynchronous speech recognition API from five to 31.

Soniox Releases Knowledge Augmented Audio AI

Retrieved on: 
Wednesday, July 28, 2021
Software, Technology, Audio, Video, Articles, Speech recognition, Human–computer interaction, User interface techniques, Automatic identification and data capture, Computational linguistics, Computing, Transcription software, Medical transcription, Transcription

Soniox has developed Soniox Knowledge Graph to further enhance the accuracy of Soniox speech recognition AI and to provide relevant contextual information about the recognized speech in the audio.

Key Points: 
  • Soniox has developed Soniox Knowledge Graph to further enhance the accuracy of Soniox speech recognition AI and to provide relevant contextual information about the recognized speech in the audio.
  • Soniox Knowledge Graph is used in conjunction with Soniox speech recognition AI to automatically transcribe audio and annotate the transcription with recognized entities from the Soniox Knowledge Graph, all happening simultaneously in real-time and low-latency.
  • To showcase the new technology, Soniox has integrated Knowledge Augmented Audio AI into Soniox iOS app and Soniox web application.
  • Soniox also recorded a video demonstration of Knowledge Augmented Audio AI, which can be accessed at: https://soniox.com/media/SonioxKnowledgeAudioAI.mp4
    About Soniox Inc: Soniox was founded in April in 2020 in Redwood City, California.

Sentrics Leverages Lex Technology to Launch Senior-Friendly Voice Control for Engage360(SM) Platform

Retrieved on: 
Wednesday, July 28, 2021
Computing, Amazon, Natural language processing, Speech recognition, Human–computer interaction, Amazon Lex, Artificial intelligence, Lex, Conversational user interface, Voice user interface, Rackspace Technology

"We designed our voice control for the residents of senior living communities," said Darin LeGrange, CEO of Sentrics.

Key Points: 
  • "We designed our voice control for the residents of senior living communities," said Darin LeGrange, CEO of Sentrics.
  • The Sentrics voice solution includes the following functions:
    Nancy Bossert, a resident at Sonata West in Winter Garden FL., and an early user of the technology said "I'm so excited about the new voice technology!
  • Working with Rackspace, Sentrics used Amazon Lex, a service for building conversational interfaces into any application using voice and text, to power its voice recognition solution.
  • "Lex powers sophisticated, natural language conversational bots like Alexa," said Malcolm Graham, Chief Technology Officer of Sentrics.

Cake Raises $3.7M to Expand End-of-Life Planning Offerings Amidst Growing Demand

Retrieved on: 
Wednesday, July 21, 2021
Food and drink, Foods, Desserts, Articles, Artificial intelligence, Natural language processing, Speech recognition, Cake

Cake is the first company to use AI and NLP technology at scale to improve the user experience in end-of-life planning.

Key Points: 
  • Cake is the first company to use AI and NLP technology at scale to improve the user experience in end-of-life planning.
  • In a year where health issues and racial inequities were brought to light, Cake led the industry in providing end-of-life planning resources that addressed racial equity.
  • As such, the company's reach skyrocketed, growing more than 10x last year, and serving more than 30 million people annually.
  • Cake (joincake.com) is the leading platform for end-of-life planning and navigating mortality, serving millions of people each year.

Industry Veteran Jason Banks Joins nVoq Incorporated to Lead Post-Acute Sales

Retrieved on: 
Tuesday, July 20, 2021
Computing, Software, Technology, As a service, Software as a service, Software distribution, Software industry, Health Insurance Portability and Accountability Act, Speech recognition, Boulder, Colorado

BOULDER, Colo., July 20, 2021 /PRNewswire/ -- nVoq Incorporated, a provider of medically-infused speech recognition software, is pleased to announce that Jason Banks has joined the company effective June 14.

Key Points: 
  • BOULDER, Colo., July 20, 2021 /PRNewswire/ -- nVoq Incorporated, a provider of medically-infused speech recognition software, is pleased to announce that Jason Banks has joined the company effective June 14.
  • Reporting to Chris Moran, Vice President of Enterprise Sales for nVoq, Banks will have line responsibility for the post-acute business segment including direct and channel sales.
  • "I'm really excited to be joining nVoq at this pivotal time in the company's growth," said Banks.
  • nVoq Incorporated, headquartered in Boulder, CO, provides HIPAA-compliant SaaS-based speech recognition to the healthcare industry, with a strategic emphasis on the post-acute care segment.

UMeWorld Launches AI-Powered English Learning Centers in China

Retrieved on: 
Monday, July 19, 2021
Articles, Academic disciplines, Technology, Computational linguistics, Cybernetics, Assistive technology, Speech synthesis, Artificial intelligence, Speech recognition, Language acquisition

Easy Learn combines artificial intelligence with human tutors to deliver personalized one on one English learning for Grade 5 to University level students.

Key Points: 
  • Easy Learn combines artificial intelligence with human tutors to deliver personalized one on one English learning for Grade 5 to University level students.
  • With this acquisition, UMeWorld will be able to setup both corporate-owned or franchised centers within the licensed area.
  • Easy Learn uses the latest AI technologies including block symmetric learning, batch memory learning, speech-to-text and text-to-speech techniques to effectively teach English.
  • UMeWorld plans to launch 100 Easy Learn centers in Southern China within the next 12 months.