AI-Media – the global leader in audiovisual encoding technology and AI-driven transcription and translation solutions, and Speechmatics – the market leader in speech recognition technology, today announce a strategic expansion of their multi-year partnership to deliver new and better AI-driven products to market.
This partnership brings together Speechmatics’ leading speech-to-text technology and AI-Media’s unique iCap-based encoding appliances and secure network that seamlessly embeds the technology within customers’ existing workflows and automation systems.
By integrating these capabilities, AI-Media’s LEXI 3.0 has been the first AI product to overtake the quality of human-in-the-loop alternatives in the live video market – at a fraction of the cost.
Tony Abrahams, CEO of AI-Media, shared his thoughts on the partnership:
« Our data derived from the performance of LEXI 3.0 has shown Speechmatics to be one of our most trusted engines over the last two years, consistently delivering accurate results that continue to improve. This partnership brings our two companies even closer as we co-develop and ideate innovative solutions for the future of captioning and translation.
Together, we will create solutions that are accurate, reliable and adaptable to the diverse needs of our global clientele.
This collaboration deepens the partnership that has seen AI-Media’s iCap encoding ecosystem emerge as the leading choice of broadcasters and government customers around the world looking to get the best possible performance from these game changing AI technologies from Speechmatics. »
By leveraging Speechmatics’ advanced speech recognition engine and AI-Media’s cutting-edge workflow and encoding technologies, this partnership addresses the diverse and complex needs of various industries, from broadcasting to government and enterprise sectors.
The partnership broadens Speechmatics’ reach by integrating its core technology into AI-Media’s LEXI 3.0 product.
Extending the success of LEXI 3.0 into the European broadcast market is a near term objective – Speechmatics’ emerging multilingual capabilities align perfectly with AI-Media’s growth plans.
A Vision for the Future
This new partnership elevates AI-Media to become Speechmatics’ largest live captioning market partner, marking a significant milestone in their collaboration.
“Speechmatics has become the leading Automatic Speech Recognition (ASR) provider within broadcast because of our high accuracy and low latency across multiple languages, both live and offline. AI-Media has successfully integrated our technology into their market leading broadcast infrastructure to achieve impressive growth in their chosen markets, and this strategic partnership brings closer collaboration to allow for more rapid innovation and agility. As a result, global broadcasters will continue to get the best captioning service on the market and our combined strength in AI driven captioning can be utilised in a broader array of verticals,” said Katy Wigdahl, CEO of Speechmatics.
Together, AI-Media and Speechmatics are committed to integrating best-in-class technologies to set new industry standards. This collaboration is not just a technical integration but a partnership of vision and innovation, aimed at continuously evolving and adapting to the dynamic demands of the global language services market.
