Speech Processing Solutions: Next-generation workflow solution with AI-powered speech recognition
15.10.2020 15:52:00 EEST | Business Wire | Press release
The new version of the Philips dictation workflow solution for enterprise businesses, SpeechExec Enterprise 7.0 (SEE 7.0), is now available in Europe and many international markets. The close collaboration between Nuance Communications and Speech Processing Solutions, the company behind Philips dictation solutions, SEE 7.0 now offers cloud-based Nuance Dragon speech recognition in addition to the workflow, allowing customers to edit or archive both audio and text files.
For speech recognition to meet the requirements of modern work environments and flexible processes in organizations, it must be combined with a workflow solution that tracks status updates and assigns priorities and tasks to dedicated personnel. "This is exactly why customers who use speech technology can benefit greatly from the close cooperation between SPS and Nuance," explains Dr. Thomas Brauner, CEO of Speech Processing Solutions. "As market leaders in our respective fields, we combined the best of both worlds for our customers: speech recognition and workflow solutions."
Ed McGuiggan, General Manager, Dragon Professional, Nuance Communications, adds: "We are pleased to expand our long-lasting partnership with SPS. With the integration of Nuance Dragon into Philips SpeechExec Enterprise 7.0, we created an easy to deploy product that fully meets the requirements of the modern workplace within large enterprise corporations. Together, we are accelerating the adoption and scalability of cloud-based speech recognition solutions to support collaborative work environments, regardless of where employees are located.”
SpeechExec Enterprise 7.0 integrates cloud-based speech recognition
The new version SEE 7.0 now supports state-of-the-art speech recognition technology by utilizing cloud-based Nuance Dragon speech recognition software. The product is available in English, German, French, Dutch, Swedish, and Spanish.
For front-end speech recognition, SpeechExec Enterprise connects to a dedicated Windows server – either on site or in the cloud. This allows authors to take advantage of Nuance's latest speech recognition engine with built-in deep learning technology for their digital dictation workflow. For the back-end speech recognition, files are sent from the Philips Voice Recorder App and mobile dictation devices (Philips SpeechAir, Philips PocketMemo) to a shared network folder. Philips Speech Recognition Server constantly monitors this folder, automatically retrieves new files, and converts them to text.
Companies can use the new solution for a variety of use cases: For e-mails, memos and other short copy, stand-alone speech recognition with Nuance Dragon Legal Anywhere or Nuance Dragon Professional Anywhere is sufficient. Longer copy and comprehensive briefs or contracts involving several people are handled by speech recognition in combination with a dictation workflow. From mobile dictation devices, all texts are processed through speech recognition and then finalized by in-house transcriptionists.
About Speech Processing Solutions
Speech Processing Solutions (SPS) is an international technology company and a global leader in dictation solutions. More than four million users worldwide work with speech-to-text solutions developed by SPS and sold under the Philips brand. These solutions include web-based and desktop workflow software as well as dictation devices. These smart solutions save users’ time and allow them to focus on their core tasks, making their business more efficient, customer-centric and profitable.
Headquartered in Vienna, Austria, SPS has regional offices in the United States, Canada, Australia, the United Kingdom, Germany, France, Belgium and Austria, as well as a network of more than 1000 distribution and implementation partners worldwide.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201015005597/en/
Contact information
For further information, please contact:
Lea Pachta
Senior Marketing Manager
lea.pachta@speech.com
+43 1 60529 1744
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
TOURISE and Oxford Economics Release New Global Report on Tourism Resilience in an Era of Permanent Disruption17.8.2026 17:33:00 EEST | Press release
TOURISE, in collaboration with Oxford Economics, today released a new report, “Resilience in a World that Doesn’t Reset: Redesigning Tourism for an Era of Permanent Disruption.” The analysis of 85 major crises over two decades shows a clear pattern: in a world defined by continuous shocks, destinations that act before disruption hits recover up to 1.5 times faster than those that wait. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817880835/en/ “In a world that does not reset between crises, disruption is a constant feature of the global tourism landscape,” said His Excellency Ahmed Al-Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE. “The real test for destinations measures how they prepare for volatility, protect traveler confidence, and maintain continuity ahead of such events.” Using the current Middle East crisis as a lens, where Gulf hubs carry roughly 14 percent of global transit traffic, the r
The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries17.8.2026 16:00:00 EEST | Press release
Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, travel, and corporate cards, today expanded the reach of Expensify Card spend rules, the market-leading way for businesses to control corporate card spend before it happens. Available to businesses in 14 countries, spend rules let admins decide exactly how, where, and when each Expensify Card can be used, so only compliant transactions go through. Unlike traditional corporate cards that rely on after-the-fact expense review, the Expensify Card enforces policy at the point of purchase. Admins set the rules once, and the card handles the rest. With Expensify Card spend rules, admins can: Lock a card to a subscription. Give each recurring SaaS tool its own virtual card, so a vendor can only ever charge what it should. If the card owner changes teams or leaves, the subscription keeps running, with no swapping cards and no missed payments. Cover a one-time purchase. Issue a virtual card for a single transaction like event r
Riskified Analysis Finds Travel Fraudsters Are Adapting Faster Than Traditional Signals Can Keep Up, With May Flight Risk Up 32%17.8.2026 15:30:00 EEST | Press release
Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today released new findings from its Travel Industry Insights report, revealing how sophisticated fraud rings and AI-enabled fraudsters are evolving their tactics across airlines, hotels, and online travel platforms. Riskified’s analysis shows that fraudsters are increasingly adapting their behavior to resemble legitimate travelers, making traditional fraud indicators less reliable and creating new challenges for travel merchants. Riskified’s analysis of hundreds of millions of travel transactions across flights, hotels, and land transportation found that flight fraud risk increased through the first five months of 2026, with May 2026 marking the sharpest year-over-year increase at 32% compared to May 2025. The findings show that sophisticated fraud activity is not limited to predictable travel peaks, with organized fraud rings continuously adjusting their methods throughout the year. Riskified's travel n
PIF Delivers Strong Revenue and Profit Growth in 202517.8.2026 14:54:00 EEST | Press release
PIF today published its 2025 Annual Report demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balancing returns with national impact and long-term resilience. Maintaining Financial Discipline In 2025, revenue rose 9% year on year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies. PIF retained over $900 billion in assets under management and achieved an annualized total shareholder return of 5.8% since 2017. Total shareholder return in 2025 was positively driven by increased dividends from portfolio companies and returns from financial investments. It was also impacted by downward movements in the valuations of some assets, as a result of wider market conditions, an
Foundever Successfully Closes a Holistic Recapitalization, Reducing its Debt by Nearly $900 Million and Strengthening its Financial Position for Long-Term Growth17.8.2026 14:30:00 EEST | Press release
Foundever Group S.A.® (“Foundever” or the “Company”) – a global leader in integrated customer experience, digital operations and analytics services, today announced that it has successfully closed a holistic recapitalization (the “Transaction”) in coordination with 95.4% of the lenders under its term loan facility (“Term Loan Lenders”), 100% of its revolving credit facility lenders (“RCF Lenders”), and the Company’s existing majority shareholders. The Transaction meaningfully strengthens Foundever’s financial foundation and positions the Company to invest in its growth strategy. Key terms of the Transaction include: Company's existing majority shareholders invest $225 million into common equity. Term loan facility exchange reduces the Company's total debt by nearly $900 million. Revolving credit facility maturity date is extended by more than four years to December 2030, and term loan maturity date is extended by more than 2.5 years to March 2031. Certain of the Company's RCF Lenders p
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom