Speechmatics: Voice Technology Is Becoming a Critical Part of the Enterprise’s Toolkit

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Recently, voice technology has surged in adoption amongst enterprises, with 68% of corporations reporting they’ve a voice expertise technique in place, an 18% enhance from 2019. And among the many corporations that don’t, 60% plan to within the subsequent 5 years.

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The pandemic eternally altered enterprises’ tech stack. Many corporations already had numerous items of software program in place – from internet conferencing to collaboration instruments – that made the transition from face-to-face to distant a bit extra seamless, however the pandemic spurred the speedy progress of different applied sciences in each significance and recognition all through 2020. Voice technology, particularly, skilled a marked enhance in adoption amongst enterprises, with 68% of respondents reporting their firm has a voice expertise technique – up 18% from 2019.

The pandemic has proven that the organizations that already built-in voice expertise into their tech stacks had the power to scale, pivot, adapt, and function with the robustness to take care of surprising modifications. But boundaries to adoption are nonetheless rampant, as outlined in Speechmatics’ annual Trends and Predictions for Voice Technology Report.

The largest challenges with voice expertise at present are accuracy (73%) and accent or dialect-related issues (51%). Traditionally in speech recognition, the engine is educated to acknowledge one dialect of a language at a time, making that dialect the one it most precisely acknowledges, comprehends and, for speech-to-text, additionally transcribes. In English, it’s American English, and error charges have usually been greater for Australian accents, British accents, Jamaican accents, and so forth. For corporations leveraging the expertise to work together with a world buyer base, this presents a large problem. In order for speech expertise to achieve its highest potential, it wants to know everybody it’s interacting with.

But, suppliers are making huge strides on this space to ensure that voice expertise is relevant and helpful for all end-users, and organizations are beginning to perceive what that future potential shall be. Of the respondents who haven’t but put in place a method for voice expertise, 60% reported it’s one thing they’ll take into account within the subsequent 5 years. With the expertise behind voice expertise evolving, and new improvements making it more and more extra dependable and correct, it’s sure to be a vital a part of any enterprises’ tech stack.

The pandemic may need accelerated current digital transformation, nevertheless it additionally confirmed organizations the acute significance of the brand new, must-have instruments for the tech stack. There’s little question that in 2021 and past, voice expertise shall be a vital one.

Methodology

Speechmatics collated information factors from Owners/Executives/C-Level, Senior Management, Middle Management, Intermediate and Entry Level professionals from a spread of industries and use instances within the UK, Europe, United States, Asia and Australia.

Read the total report from Speechmatics.

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