Whitepaper Explores the Impact, Limitations, and Opportunities of ASR Technologies

Mar 19 2024 VITAC
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Automatic speech recognition (ASR) – the use of machine learning or artificial intelligence technology to transform human speech into readable text – has become a powerful tool for many across a wide variety of sectors. The speech and voice recognition industry has boomed over the past decade with ASR popping up in everyday situations from voice-to-text capabilities on social media apps to virtual assistants like Siri and Alexa and from classroom note-taking tools to live captions and transcripts for in-person and remote work meetings.

And there’s little sign of its popularity slowing down anytime soon. The speech and voice recognition market currently is valued at $13 billion – a number that’s projected to more than quadruple by 2030.

As the largest provider of transcription and captioning services, VITAC, a Verbit Company, is always developing and exploring cutting-edge technologies and seeking ways to enhance our offerings and solutions, helping customers capture their words accurately and contextually.

Now, we’ve pulled original research and recruited three Verbit technology leaders – Adi Margolin, Director of Product Management, Dr. Irit Opher, Vice President of Research, and David Landsberg, Vice President of Product – to reveal the most important factors professionals across every industry who are using ASR must know.

Our new report – “Exploring the Automatic Speech Recognition Era” – offers analysis of the impact, limitations, and opportunities of existing ASR technologies (and highlights a new ASR solution on the market!). The free intelligence provides in-depth analysis of ASR technologies by speech and acoustics experts, examines some of the existing challenges in ASR technology, shares insights on VITAC’s answer to existing ASR solutions, Captivate, and provides real-world examples of how ASR is succeeding with customers and enabling businesses to leverage their verbal information in new and exciting ways. The report also includes finding from a recent survey of 200 senior-level professionals in the US, UK, and Canada on their uses and frustrations with ASR technologies.

Download the Free Report Today!

Click Here