Audio to Text Conversion

Can speech recognition software replace human beings?

Not yet - that is what doctors are saying, speech recognition software is 60% accurate and discerning human ears are 99% perfect, the 39% gulf between man and machine will take a long time to bridge. So until machine is able to rival man, audio-to-text conversion is going to remain in the human domain.

Audio-to-Text conversion or transcriptions the other name to it, is providing employment to many people around the world, for instance in the US it is estimated to be a $10.6 billion industry. In India or Philippines many companies are providing the service online, and professionals in US have been soliciting services from these countries because of the low wage labor available in these countries.

In India for instance, home based transcribers have high-speed internet access and many of them are providing services for audio-to-text conversion to doctors, attorneys and multimedia professionals. The multimedia companies in the US were paying as much as $90 for an hour of audio to convert into text, and the Indians are willing to do it for as less as $60.

Many doctors in the US are using Indians for medical transcriptions. The main criterion for choosing them is the low pricing of 8¢ to 9¢ a line paid to the Indians. In comparison the medical transcribers in US charge 15¢ to 16¢ a line. The pricing is just one aspect of choosing offshore transcribers, the zonal time difference is the other consideration doctors and media professionals benefit from.

The 10 to 12 hour time difference helps them in scheduling rush assignments to the off shore companies, the completed assignments become available the following morning, radiologist in particular weigh this aspect more than other professionals, because referring physicians require clinical test reports of patients as quickly as possible. Since India has a large English speaking workforce, the quality of audio-to-text conversion is as good as any US company provides.

TranscriptionsService provides audio-to-text services for attorneys, businesses, doctors, media professionals, universities & Students, call us on our toll free number 1-(877)-323-4707, Or visit http://www.transcriptionsservice.com for pricing and turn-around-time
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