Speechmatics

About Speechmatics

Speechmatics key features

• **Real-Time ASR**: Provides accurate transcription with less than 1 second latency, supporting over 50 languages and dialects.
• **Conversational AI API (Flow)**: Enables natural and responsive voice interactions, customizable for various use cases and secure data handling.
• **High Accuracy and Inclusivity**: Delivers top transcription accuracy across diverse accents and challenging environments, utilizing self-supervised learning for continuous improvement.
• **Comprehensive Features**: Includes speaker diarization, custom dictionaries, advanced punctuation, and real-time translation capabilities.
• **Flexible Deployment Options**: Supports SaaS, on-premises, and container deployments to meet various security and privacy requirements.

Speechmatics use cases

• **Contact Center Solutions**: Enhancing customer support interactions in call centers for improved accessibility and efficiency.
• **Media & Event Captioning**: Providing real-time and batch captioning for live events and media broadcasts to ensure accessibility.
• **Video Distribution Platforms**: Enabling accurate transcription and translation for video content to reach a broader audience.
• **Meeting Platforms**: Facilitating real-time transcription of online meetings to extract insights and improve collaboration.
• **EdTech**: Supporting language learning and comprehension in educational settings through real-time transcription and bilingual interactions.

Useful for

• Provides enterprise-grade APIs for Automatic Speech Recognition (ASR), enabling the development of Conversational AI products.
• Delivers high transcription accuracy across 50+ languages, accommodating diverse accents and dialects in real-time or from recorded media.
• Offers real-time transcription with less than 1 second latency, ensuring fast and accurate outputs for immediate use.
• Supports a wide range of use cases, including contact center solutions, media captioning, and educational tools, enhancing accessibility and user experience.
• Utilizes advanced speech technology to break down language barriers, empowering global communication and expanding audience reach.

Price

• **Free Plan**: 8 hours free per month (4 hours batch + 4 hours real-time).
• **Pay As You Grow Plan**: Starting from $0.30 per hour for batch transcription in Lite Mode; $0.80 for standard accuracy; $1.04 for enhanced accuracy.
• **Real-Time Transcription Costs**: $1.04 per hour for standard accuracy; $1.35 for enhanced accuracy.
• **Enterprise Plan**: Custom pricing available for businesses with large volumes and custom integrations.
• **Speech Capability Bolt-Ons**: Additional costs for features like translation ($0.65/hr), summaries ($0.18/hr), chapters ($0.40/hr), sentiment ($0.12/hr), and topics ($0.20/hr).