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Verbatizer

A cutting edge transcription process and technology revolutionizing the transcription industry.

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

Verbatizer 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.

guarantees scenario difficult raised industry accurate finalise regardless reasonable fits software invested intend profitable sme risk majority easier 92m hard accommodation speakers career ip job deployment environment fast venture noise fastest asr interviews israeli unemployed unemployment private verbatizer languages indirect drifting discriminate fact investors hearing employees time recognition conduct customer efficacy plan price deaf audio 95 ocs modules companies lack meetings sensitivity pilot endless trial engine turnaround portfolio tier robustness volume recognise transcription 56 business breakthrough accuracy 4m discrimination transcribers services seminars market financial environmental string remaining leaving competitive people team capitals conferences 650k date instrument sound expanded engineering

Project "Verbatizer" data sheet

The following table provides information about the project.

Coordinator	VERBIT SOFTWARE LTD Organization address address: HAARBA 18A - 3RD FLOOR city: TEL AVIV postcode: n.a. website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
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.

#	participants	country	role	EC contrib. [€]
1	VERBIT SOFTWARE LTD VERBIT SOFTWARE LTD Organization address address: HAARBA 18A - 3RD FLOOR city: TEL AVIV postcode: n.a. website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	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.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "VERBATIZER" are provided by the European Opendata Portal: CORDIS opendata.