Koemei, a fairly well-known video and audio transcription company with offices in Switzerland, announced that they, along with The University of Geneva, have completed a pilot program for their newest product. The product, known as the Koemei Web Service platform, is designed to automate the process of
transcribing the university's lectures and research for later search and use by students and administrators.
The announcement was made at TechCrunch Disrupt, an annual event that is held in New York. Transcription services are often used by researchers who use interviews or discussion groups as one of their methods of collecting data. The manual transcription of data can be extremely expensive, and using an automated service can save a considerable amount of research funds.
Given that roughly $16 billion is spent each year on transcription services for a variety of industries, this kind of a product has the chance to introduce considerable cost savings to many large institutions. Pierre Yves Burgi, PhD, the head of IT at the University of Geneva, had the following to say about the test of the product, stating, "Koemei's solution exceeded our expectation in terms of accuracy and ease of deployment."
"The successful pilot with UNIGE demonstrates Koemei's readiness to address the education market using state of the art speech recognition for automatic lecture transcription," said, Temitope Ola, CEO of Koemei . "More in higher education are turning to Koemei for automatic lecture transcription particularly to address accessibility compliance and provide a means to index and search the growing number of recorded lectures."
Edited by Brooke Neuman