Speechmatics, founded in the 1980s by Dr. Tony Robinson at Cambridge University, is a Speech API provider that offers one of the most comprehensive and accurate speech recognition technologies in the industry. The company's machine learning technology allows accurate understanding of human-level speech, regardless of accent, dialect, age, gender, or location.
Speechmatics' API is widely used by businesses globally for fast and precise speech recognition. With Speechmatics' goal of "Understand Every Voice," it provides technological solutions that can be integrated into any industry or purpose.
Speechmatics emphasizes people-first thinking, where a culture of positive impact on the world is considered. The company encourages a balance between the complex and simple, empowering team members to participate in decision-making and promotes productivity.
Due to its focus on maintaining a balance, Speechmatics has gained recognition and won several awards, such as the Queens' Award for Enterprise and being named one of the fastest-growing companies in Europe. The company is supported by investment partners like AlbionVC and Amadeus Capital Partners, among others, to continually provide improved and flexible language models in the cloud, on-premises, or on-device.
TLDR
Speechmatics is a leading Speech API provider that offers one of the most comprehensive and precise speech recognition technologies. It uses machine learning technology to provide accurate understandings of human-level speech, regardless of accent, dialect, age, gender, or location.
It boasts of a balanced people-first culture, resulting in several awards and recognitions. Speechmatics ensures availability of their technology for integration into any industry or use case. Speechmatics offers real-time and batch transcription, low-resolution audio support, and multilingual support.
It also provides customization, formatting and metadata options, and cloud and on-premises deployments. Its pricing plans include affordable charges that cater to businesses of all sizes with all features included.
Speechmatics offers eight hours of free trial with no hidden costs and can support over 80 languages.
Company Overview
Speechmatics is a leading provider of the most inclusive and accurate Speech API ever developed. Founded in the 1980s by Dr Tony Robinson at Cambridge University, Speechmatics offers unparalleled speech recognition technology capable of accurately understanding human-level speech regardless of demographic, age, gender, accent, dialect, or location using machine learning.
Their API is used by businesses around the world to accurately and quickly understand speech. With a goal to ‘Understand Every Voice’, Speechmatics' technology is available for integration into any industry or use case.
Speechmatics believes in people-first thinking and has a company culture focused on the positive impact their actions have on the world. They aim to create a perfect balance between the complex and the simple, empowering their teams to debate freely, make timely decisions, and commit to outcomes. Their belief in finding the perfect balance has proven successful as evidenced by their impressive list of awards and recognitions, including the Queen's Award for Enterprise and being named as one of Europe's fastest-growing companies.
To support their innovative vision, Speechmatics received investments from Susquehanna Growth Equity, AlbionVC, IQ Capital, and Amadeus Capital Partners, enabling the company to continue to lead the way in speech recognition technology. Their investment partners recognized the strategic importance of Speechmatics' small footprint language models capable of flexible deployment in the cloud, on-premises, or on-device, which is a significant market as speech becomes the dominant human-machine interface.
If you are looking for an excellent team to work with, Speechmatics is the right place. The company values the development of skills and provides the tools necessary to help teams grow and excel. With their focus on big goals and willingness to take bold and forward-thinking action, Speechmatics' results have shown that change is worthwhile, even if it is never easy.
Features
Real-time and Batch Transcription
Unmatched Accuracy and Fast Performance
With Speechmatics behind you, you have all the tools you need to deliver an exceptional user experience. Speechmatics' models are built to deliver in real-time, which means you get the very best performance and fast transcription whether you choose batch or real-time modes. Quickly transcribe large quantities of pre-recorded video or audio files.
You can easily set up Speechmatics to process thousands of hours of recordings. Transcribe your pre-recorded files to get the data you need, when you need it. It’s a great way to extract understanding from your audio at pace and with efficiency.
With accurate transcriptions, you can improve workflow efficiencies and minimize latencies.
Low-resolution Audio Support
Speechmatics offers low-latency, accurate transcription of live audio streams from meetings, calls, or broadcast events. You’ll get initial transcriptions in milliseconds, with context-driven accuracy improvements over time.
Our real-time transcription uses the same core machine learning models to give you the best accuracy. Speechmatics supports all major audio and video formats along with automatic sample rate detection, minimizing the resource needed to prepare audio or video files.
Multilingual Support
With Speechmatics as your partner, you can deliver for multilingual, multicultural and multinational businesses, with coverage of nearly half the world’s languages across a range of dialects and accents. Speechmatics supports 48 languages, covering most native languages with unmatched accuracy.
Whether you need Brazilian Portuguese or Canadian French, we have you covered with a single language model that supports all associated accents and dialects. You can transcribe and translate audio to and from English for over 30 languages using a single API call.
Plus, our automatic language detection feature ensures accurate transcription and simplifies integration.
Customization
Vocabulary Customization
The vocabulary used in different contexts and different domains can vary widely. Speechmatics' customization options allow you to achieve high accuracy with even the most unique words and phrases.
Boost accuracy for proper nouns, acronyms, or industry-specific terms by providing a list of custom words. Increase accuracy for a use-case or domain by using a relevant corpus of textual content to customize default models.
Industry-Specific Language Packs
Speechmatics is developing English language packs optimized to industry with sector-specific terminology. Finance is available now, with more to follow soon. This feature provides industry-specific language models that can give you accurate transcriptions.
Diarization
With Speechmatics' diarization feature, every speaker in a conversation is accurately labeled, and you can track who said what and when, available for both batch and real-time transcription. Even when there is crosstalk between speakers, separate transcription on each channel captures exactly what was said.
Formatting and Metadata
Number, Date, and Currency Recognition
Speechmatics includes a number of features to accurately transform conversations to transcripts to improve readability. Identify and correctly format numbers, dates, and currencies automatically to make post-processing more effective.
Language-specific Punctuation and Capitalization
Speechmatics also improves readability with language-specific capitalization and punctuation, including commas, question marks, and exclamation marks.
Word Filtering
Speechmatics provides aid comprehensibility and compliance by detecting and optionally removing words that are considered profanities or hesitations.
Timestamps and Confidence Scores
Get accurate timestamps for every word in the transcript to allow for post-processing and improve end-user experience. Collect confidence scores for every word in the transcript to enable efficient human review and editing. Plus, easily push a variety of media formats to the API and get a rich set of metadata to support your post-processing needs, ensuring that you can modify the transcriptions or use them as is.
Deployment
Cloud and On-Prem Deployments
Speechmatics supports Cloud and on-prem deployments, allowing you to switch seamlessly between them or combine them as needed. With Speechmatics, you can meet architecture, security, and compliance needs by hosting our API in your environment while flexibly combining with Cloud if required.
Docker Containers or Preconfigured Virtual Appliances
Deployment of Speechmatics can be done using Docker Containers or preconfigured Virtual Appliances, making it easier to target a wider market with diverse customer needs. You can deploy Speechmatics using these options, and it improves workflow efficiencies and minimizes latencies.
Free Speech-to-Text SaaS Portal
Sign up for Speechmatics' free speech-to-text SaaS Portal, and we’ll guide you through the integration of our API.
Pricing
Speechmatics offers an all-in-one speech API that boasts of being the most accurate on the market. It comes with no hidden costs and offers businesses access to world-leading Ursa generation models in 48 languages. For businesses looking to test and scale their needs for Automatic Speech Recognition (ASR), Speechmatics offers the following pricing plans:
- Batch (Pre-recorded): for standard transcription customers can expect to pay $1.25 per hour, while for the enhanced plan, the cost is $1.90 per hour.
- Real-Time (Live Stream): standard plan users pay $1.65 per hour, and those opting for the enhanced plan will pay $2.15 per hour.
On top of that, all plans come with SaaS deployment, online support, and all features included. This makes it easy for businesses, regardless of size or budget, to have access to the top-of-the-line speech API available on the market.
For businesses with custom integrations, SLAs or large volumes, Speechmatics offers Standard or Enhanced plans with all deployments: Cloud / On-premises / Hybrid deployment. Enterprise-level support, personalized & priority service, and all features included are wrapped up in these plans.
All our pricing plans include advanced features such as accents and dialects, translation, language detection, profanity detection, and numeral formatting.
We support 48 languages for transcription, with 69 pairs supported for translation. These languages include Arabic, Bashkir, Basque, Belarusian, Bulgarian, Cantonese, Catalan, Croatian, Czech, Danish, Dutch, English, Esperanto, Estonian, Finnish, French, Galician, German, Greek, Hindi, Hungarian, Indonesian, Interlingua, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Mandarin (Traditional & Simplified), Marathi, Mongolian, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Tamil, Thai, Turkish, Ukrainian, Uyghur, Vietnamese, and Welsh.
Speechmatics offers 8hrs free per month to try their award-winning technology. No credit card is required! And if you plan on sending large volumes of content (over 5,000 hours per year) through Speechmatics technology, they offer a volume discount. Users can expect to be billed on the 1st of each month for the previous months’ usage with 15 days to pay.
Customers can add their credit card information in the "manage billing" section of Speechmatics' portal to increase usage. If you have any questions or concerns, please contact their support team at [email protected]. Sign up for their free speech-to-text SaaS Portal and gain access to all their API features to experience how Speechmatics can transform your business!
FAQ
What is Speechmatics?
Speechmatics is an AI-driven speech recognition tool that accurately transcribes spoken words into text. It is powered by a neural network that is trained on a massive dataset of human speech, which enables it to comprehend various accents, languages, and speech styles. The tool provides exceptional accuracy, supports over 80 languages, and can be integrated into various business applications.
How does Speechmatics work?
Speechmatics uses a deep neural network that recognizes patterns and relationships in the sounds of human speech. When you upload an audio file or stream live audio to the tool, it analyzes the sounds in real-time and transcribes them into text. The tool leverages advanced algorithms that understand context, grammar, and syntax, which allows it to produce highly accurate transcripts.
What are the benefits of using Speechmatics?
Speechmatics offers several benefits to businesses and individuals who need to transcribe speech into text. These include:
- High accuracy: Speechmatics provides highly accurate transcriptions that can be used for a wide range of purposes.
- Multi-language support: The tool supports over 80 languages and can accurately transcribe different accents and speech styles.
- Easy integration: Speechmatics can be easily integrated into various business applications, making it ideal for businesses of all sizes.
- Affordability: Speechmatics is an affordable solution for businesses and individuals who need to transcribe speech on a regular basis.
- Time-saving: Speechmatics can transcribe speech in real-time, which saves businesses and individuals a significant amount of time.
What is The Voice Report 2022?
The Voice Report 2022 is a comprehensive report that looks at the state of the voice industry and provides insights into future trends and potential roadblocks. The report is designed to help businesses understand the voice industry and make informed decisions about their technology investments. It is created in collaboration with leading experts in the voice industry and provides valuable insights into the latest developments and trends.
How can I access The Voice Report 2022?
You can access The Voice Report 2022 by visiting the Speechmatics website and downloading the report. The report is available in PDF format and can be downloaded for free. The report provides comprehensive insights into the state of the voice industry, and is an essential read for businesses that are investing in voice technology.
