Since the pandemic started, millions of people participate in countless online meetings. Services like real-time voice transcription have seen a rapid growth, as they are a huge help for example for meeting participants having trouble understanding spoken word, as well as people seeking help taking meeting notes. Transcribing voice into text became a vital part of online meetings industry and its value is growing.

AI-powered transcription startup Otter recently raised $50M funding and continues adding new features, like Zoom and Google Meet integration. Otter.ai is top rated and widely used as it creates a new collaboration SaaS offering to improve team communication, engagement and productivity. The Otter Voice Meeting Notes product uses proprietary artificial intelligence to generate secure, shareable, searchable, rich notes in real-time that combine audio, transcription, speaker identification, inline photos, and key phrases.

Enterprise services from Microsoft and Google are also starting to bring transcription into the forefront of their services. Demand for more and better tech around video meetings was on the rise before COVID-19, but there’s no denying the still rising surge in the market since the pandemic began. It’s clear that turning words into text, intelligently is only going to grow in the near future. It is another application to consider when analysing the network traffic.

Further reading:

https://venturebeat.com/2021/02/25/otter-ai-raises-50-million-for-its-ai-transcription-service/

https://www.forbes.com/sites/barrycollins/2021/01/21/google-meet-gets-one-of-zooms-best-features-live-otterai-transcription/?sh=25dfef700d65

https://www.forbes.com/sites/justinwarren/2020/05/11/otterai-live-zoom-transcription-service-is-amazing/?sh=1880ff6e62ff

https://diginomica.com/how-ai-service-won-me-over-becoming-ai-platform-otterai-machine-learning-transcription-example