![]() "Just like we saw with the decrease in cloud storage and compute prices a decade ago that allowed for the rise of companies like Dropbox, Box and many cloud-enabled SaaS providers, the speech space, I believe, will see similar trends," Ramineni said. He said the updates spell out "good news for the industry as a whole." Krish Ramineni, CEO of conversation transcription and tracking platform vendor Fireflies.ai, based in San Francisco, shared similar sentiments. The news represents "a continuation of general industry improvement of speech-to-text and text-to-speech services in the market over the last two or three years," said Dave Schubmehl, research director for cognitive and AI systems and content analytics at IDC.īoth Google speech products are typically used by "enterprises and technology vendors that want to include speech-to-text and text-to-speech capabilities in their applications," Schubmehl said. 21 blog post on the Google Cloud website by Dan Aharon, product manager of the Cloud Speech line. ![]() Overall, the technologies, which are for developers and support easy integration with a variety of devices and applications, are now more accurate and less costly compared to last year's iterations, according to a Feb.
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