Verbatizer
A cutting edge transcription process and technology revolutionizing the transcription industry.
Total Cost €
0EC-Contrib. €
0Partnership
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0Verbatizer 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.
Project "Verbatizer" data sheet
The following table provides information about the project.
| Coordinator |
VERBIT SOFTWARE LTD
Organization address contact info |
| 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.
| # | ||||
|---|---|---|---|---|
| 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.