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Name | Symbol | Market | Type |
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Agora Inc | NASDAQ:API | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.02 | 0.80% | 2.52 | 2.46 | 2.58 | 2.545 | 2.47 | 2.50 | 96,056 | 01:00:00 |
Traditional transcription services face challenges which limit their value, such as inaccurate results when transcribing voice to text in noisy environments, not understanding heavily accented speech, and the inability to accurately transcribe real-time conversations between multiple people where there is overlapping speech. Agora’s Real-Time Transcription solution meets customer demand to solve these challenges while being more accurate and cost effective than other top speech-to-text vendors. Key features include:
"The launch of our new Real-Time Transcription solution provides instant audio transcription to developers and brands, allowing them to boost accessibility and discoverability for their end users,” said Tony Zhao, CEO and co-founder of Agora. “This powerful cloud-based technology is designed to seamlessly integrate with any app or service.”
While closed captioning makes any audio or video content more accessible, the real-time nature of Agora’s solution extends that accessibility to live audio and video. The transcription service provides instant subtitles for any live meeting, conference, event, cast, or video stream—while enabling other essential services such as content moderation. The solution scales from one-to-one video calls to many-to-many streaming, and can support transcription with up to 100 people in an audio chat group. In addition to increasing accessibility for people with hearing impairments or difficulty understanding a spoken language, Real-Time Transcription improves the discoverability of audio and video content without the need for replay.
Real-Time Transcription can be applied across a wide variety of industries to improve user experience and reach larger audiences. Universities can provide students with real-time captions and automatically log notes for virtual lectures. Retail brands can now reach a wider audience and improve discoverability in live shopping experiences. Call centers can quickly extract important information from customer conversations. And enterprises can provide real-time automated notes in meetings to keep everyone aligned in a remote work environment.
"Any industry that is reaching their audience or customers through audio or video will benefit from Real-Time Transcription technology,” said Zhao. "We're excited to see the impact our solution will have on improving engagement with audiences everywhere."
Agora’s Real-Time Transcription solution is currently in public beta, with general availability planned for Q3 2023.
For more information about Real-Time Transcription, please visit: https://www.agora.io/en/products/real-time-transcription/.
For more information about Agora, please visit: https://www.agora.io
About Agora
Agora is the leading Real-time Engagement Platform as a Service (RTE PaaS) company. Agora’s mission is to make real-time engagement ubiquitous, allowing everyone to interact with anyone, in any application, anytime and anywhere. Agora’s platform provides developers with simple, flexible, and powerful application programming interfaces, or APIs, to embed real-time video and voice engagement experiences into their applications.
PR Contact:Matt Hermanagora@crenshawcomm.com205-549-1148
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