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Verbatizer

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

Total Cost €

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EC-Contrib. €

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Partnership

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 Verbatizer project word cloud

Explore the words cloud of the Verbatizer project. It provides you a very rough idea of what is the project "Verbatizer" about.

remaining    sensitivity    pilot    volume    people    time    unemployment    capitals    services    instrument    venture    date    portfolio    israeli    sound    breakthrough    guarantees    price    92m    discrimination    accurate    easier    difficult    engine    ocs    meetings    discriminate    financial    fast    deaf    languages    career    tier    private    noise    efficacy    profitable    conduct    conferences    fact    market    modules    hard    environment    accommodation    sme    fastest    verbatizer    4m    fits    risk    robustness    turnaround    unemployed    speakers    leaving    seminars    recognition    engineering    asr    endless    scenario    industry    business    employees    transcription    650k    investors    job    recognise    accuracy    95    team    deployment    raised    trial    environmental    customer    invested    majority    expanded    transcribers    software    lack    finalise    ip    intend    companies    hearing    drifting    plan    interviews    56    regardless    indirect    string    audio    reasonable    competitive   

Project "Verbatizer" data sheet

The following table provides information about the project.

Coordinator
VERBIT SOFTWARE LTD 

Organization address
address: HAARBA 18A - 3RD FLOOR
city: TEL AVIV
postcode: n.a.
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Israel [IL]
 Project website https://verbit.ai/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-01-01   to  2018-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    VERBIT SOFTWARE LTD IL (TEL AVIV) coordinator 50˙000.00

Map

 Project objective

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. Companies shall provide reasonable accommodation for deaf and hard of hearing people since they are at high risk of becoming unemployed 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 deaf people 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 accurate technology in the transcription industry. Verbatizer guarantees the fastest turnaround time at any volume and a highly experienced team of transcribers, which make possible the most competitive price per value in transcription market. The breakthrough 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 improved accuracy.

To date, we have raised €650K from the Israeli OCS and €3.4M from top tier Venture Capitals and private investors, of which €1.92M have been invested into the development of our ASR engine and ensure its robustness and efficacy. Within the overall project, we intend to finalise software engineering and conduct a multi-customer pilot trial within Europe. Current IP 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 the financial resources needed to plan a fast sound wider deployment of Verbatizer and its market uptake.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "VERBATIZER" project.

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The information about "VERBATIZER" are provided by the European Opendata Portal: CORDIS opendata.

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