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Funded Projects › H2020

Verbatizer · A cutting edge transcription process and technology revolutionizing the transcription industry.

H2020Status: CLOSED1 January 201830 April 2018EU funding €50,000Call H2020-SMEInst-2016-2017

In today’s business environment, an endless string of meetings, interviews, conferences and seminars are being conducted.In this scenario, deaf people often lack access to information, being this considered as indirect discrimination. Companiesshall provide reasonable accommodation for deaf and hard of hearing people since they are at high risk of becomingunemployed and remaining unemployed, drifting into long term unemployment. Moreover, it is a fact that the majority (56%)of deaf or hard of hearing employees have experienced discrimination during their career, leading to one out of four deafpeople leaving a job because of a difficult environment.Verbatizer makes transcription services easier and more profitable. With an overall accuracy of 95%, it is the most accuratetechnology in the transcription industry. Verbatizer guarantees the fastest turnaround time at any volume and a highlyexperienced team of transcribers, which make possible the most competitive price per value in transcription market. Thebreakthrough behind Verbatizer are its processing modules, able to discriminate between different languages and speakers,improve recognition sensitivity regardless the environmental noise and recognise the topic of the audio for improvedaccuracy.To date, we have raised €650K from the Israeli OCS and €3.4M from top tier Venture Capitals and private investors, ofwhich €1.92M have been invested into the development of our ASR engine and ensure its robustness and efficacy. Withinthe overall project, we intend to finalise software engineering and conduct a multi-customer pilot trial within Europe. CurrentIP portfolio will be expanded to EU.The proposed work in Phase 1 of the SME instrument fits into our overall plan to reach the market by contributing thefinancial resources needed to plan a fast sound wider deployment of Verbatizer and its market uptake.

Consortium · 1 organisation

coordinator

VERBIT SOFTWARE LTD

IL · €50,000

Research fields

View the official record on CORDIS →

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