SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: mauser96 who wrote (17947)2/14/2000 12:52:00 PM
From: hospitalman  Read Replies (1) | Respond to of 54805
 
I would echo your comments about Dragon. I'm in the hospital business and several of our docs are now using Dragon. It works very well and I think it will continue to be adopted as a very cost effective ( and much more timely) alternative to traditional dictation and transcription.
Ken



To: mauser96 who wrote (17947)2/14/2000 1:06:00 PM
From: xdimitri  Read Replies (1) | Respond to of 54805
 
what you are writing in your post is part of the general misunderstanding of the businessmodel of LHSP. IBM, Dragon and LHSP are indeed competitors in the field of voice recognition products for the consumer market. The consumer market is only of minor interest to LHSP and it only accounts for a small part of revenue - it gives them some market visibility though. as i wrote in my post LHSP is mainly active in licensing technology and developing solutions for the vertical markets and embedded system markets (internet, medical,legal, telephony, entertainment and automotive)meanwhile being the only company with in-house technology for all domains of speechtechnology (automated voice recognition - natural sounding text-to-speech- multilingual translation - speech compression )

LHSP is by far the global speechtechnology leader (they employ about 2000 people and will see over 500M$ revenues in 2000 growing at very high rates)while the field is competitors is very fragmented. They're also by my knowledge the only company in the domain that is fully profitable (40M$ net profit and 70M$ cashflow from operations in 1999)

maybe also important to mention is the fact that LHSP owns Mendez, the worlds no2 translation company behind berlitz and is the only company that can develop solutions for over 36 world languages. You need a whole bunch of linguists to develop solutions for every world language and LHSP is the only company having them.

the point is that they will encounter some competition is some of the niches of the speech technology market (mostly the English part of it) but no one company can offer global high quality multilingual solutions without buying LHSP technology for at least part of their solutions. They will encounter almost no competition in the gigantic asian markets where speechtechnology is the main alternative to bypass the multi-character alfabets they've got over there

btw : IBM is even a customer of LHSP technology / LHSP is also the technology behind ananova www.ananova.com

greetings

slwyc