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Microsoft Acquires Speech Recognition Specialist Company, Nuance

Its acquisition value is the second largest after LinkedIn

Acquisition after acquisition continues to be launched by Microsoft in order to develop its business. Most recently, Microsoft has just announced its acquisition of Nuance Communications, the company software who is in the field speech recognition and artificial intelligence (AI).

Nuance's most famous products are speech recognition software named Dragons. Over the years, Dragon has been used by various large companies through a licensing system. One of Nuance's most recognizable clients is perhaps Apple, which leverages technology speech recognition along with natural-language processing Dragon's in development of the Siri virtual assistant.

Not surprisingly, Microsoft was then willing to disburse funds of $ 19,7 billion (± IDR 288,79 trillion) to propose to Nuance. Nuance is arguably one of the leaders in the field speech recognition, and Microsoft can certainly take advantage of it in many of the products and services they offer.

One that immediately comes to mind is probably using technology speech recognition to bring the audio transcript feature automatically in Microsoft Teams, more or less like this offered by Zoom or Google Meet through the integration of a third-party service called Otter. That's just one example, because of the potential application speech recognition and natural-language processing in the field enterprise — a field that is very well controlled by Microsoft — is certainly very broad.

In fact, the first step that Microsoft will take after the acquisition of Nuance is to boost its innovation even further in the healthcare industry. health care. This is because Microsoft has actually partnered with Nuance since 2019 to help streamline administrative tasks in the healthcare industry.

Software made by Nuance itself is used in more than three quarters (77%) of hospitals in the United States. One that is widely used is Dragon Medical One, which is designed to help doctors document their work efficiently.

The acquisition process is expected to be completed by the end of 2021 as well. This acquisition is the second largest acquisition by Microsoft after LinkedIn in 2016 with a value of $ 26 billion.

Sumber: Microsoft.

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