Speech recognition is a complex mélange of linguistics, mathematics and statistics. Also known as speech-to-text, it attempts to identify spoken words to then process human speech into written format. To do so in the most natural and precise way, AI and ML are used to integrate grammar, syntax, structure, and composition of audio and voice signals to best understand & process human speech.
Audio transcription is a service that has been seeing growing demand in recent years to help businesses communicate with their stakeholders. The rise in demand for transcription comes from the shift from written content to other types of multimedia such as video or audio - which are increasingly common in day-to-day business activities. However, written reports are still necessary for an easy conveyance of information.