Excerpt:
Enterprises will spend $2.6 billion by 2009 on speech-related software, hardware professional services and related technology, up from $1.2 billion this year, according to Opus Research.

“For the past three years, the makers of core engines for speech recognition have experienced tremendous accuracy in the lab and whether that translates into accurate recognition in a noisy room remains to be seen,” said Dan Miller, senior analyst at Opus Research.

It’s the routine applications, such as speech-automated attendants, that will build popularity for the technology. For example, every call into Microsoft for the past year goes through the Microsoft speech server that lets the caller dial by name, and with “tremendous accuracy” it connects, Miller said.

From the article, “IBM Upgrades Speech Applications “, By Laurie Sullivan, InformationWeek, August 7, 2006

Categories: Opus in the News