How voice technology became popular!
From finding it on the news or radio to Hey Siri, how is the weather tomorrow? – From looking at our watch constantly to Hey, Alexa, what time is it? – we have become accustomed very quickly to use voice commands to make our daily lives easier. Incorporated into our smartphones, home entertainment, computers, and many more things, voice technology has grown to be a part of our daily lives, making it more popular than ever. Now, this trend further spreads into our professional lives to get work done much faster with the support of voice recording, speech-to-text and AI-driven machine learning technology.
The history of voice technology and speech recognition has come a long way. It was only in 1990 when Nuance launched Dragon Dictate – the first speech recognition product for consumers. Since then, voice technology has evolved dramatically to transfer spoken words into written text. With the use of modern recording technology and cloud solutions, it is possible to directly speak into a PC or a mobile app to convert your voice to text.
According to the latest report published by Statista, the global voice recognition tech market reached close to 10 billion US dollars in 2020 and is projected to amount to almost 30 billion US dollars in 2026. With artificial intelligence and machine learning, growing rapidly across the world, many organizations now depend on voice technology to run their businesses efficiently. Speech recognition, being an essential part of voice technology, is changing the way we work.
The main reason for this shift towards voice technology are the changing user demands. Many businesses need time to focus on their customers and speed up administrative processes. Hence, they are looking for solutions to support any necessary documentation with more sophisticated methods rather than just typing. This is where companies start considering adding voice technology workflow including speech recognition into their daily tasks – from creating documents to dictating Emails.
Driven by AI-powered technology and machine learning, speech-to-text solutions are gaining accuracy, can quickly learn patterns, and help create documents with ease. This makes documentation efforts more efficient and accurate, also reducing the need for manual corrections by humans.
The latest recording technology combined with speech recognition allows you to just talk and convert it into text on various devices, either immediately or after you’ve finished a recording. With the flexibility to adapt to the changing user requirements such as the need for automated transcription, meeting notes, and collaboration across teams – voice technology is easy to use, highly adaptable to your workflow and very affordable.
For over 60 years Philips Dictation is at the forefront to invent and develop innovative business solutions with voice technology. From dictation devices to cloud solutions, we strive to help customers leverage voice technology. Leave us a comment to learn more.