Microsoft’s choice to purchase speech-recognition agency Nuance Communications for $19.7 billion, the corporate’s greatest buy since forking out $26 billion for LinkedIn, might present an actual increase for voice know-how, analysts stated.

“There are many firms, and start-ups, doing voice recognition, however Nuance has been a pacesetter on this space for years,” stated Blair Nice, president and principal analyst for COMMfusion.” It has the know-how, partnerships, prospects, and experience wanted to additional succeed and develop.”

Voice-recognition as a device has been gaining momentum in recent times, so staking a declare within the AI and speech know-how markets is smart — particularly since rivals akin to Google, Amazon and Apple have in some ways overshadowed Microsoft’s erfforts. (Nuance’s software program fashioned the premise for Apple’s Siri voice assistant earlier than Apple switched to an in-house model.)

Microsoft, in a press release touting the deal on Monday, pointed to Nuance’s use of “cloud-based ambient scientific intelligence” within the healthcare {industry}. And Microsoft CEO Satya Nadella careworn that time in a later webcast to speak concerning the buy. 

“AI is know-how’s most essential precedence, and healthcare is its most pressing utility,” Nadella stated. “Collectively, with our accomplice ecosystem, we’ll put superior AI options into the arms of execs in all places to drive higher decision-making and create extra significant connections, as we speed up progress of Microsoft Cloud in Healthcare and Nuance.”

The deal offers Microsoft wide-ranging entry to the healthcare sector, as Nuance capabilities are already utilized by roughly 90% of US. hospitals, in accordance with a Nuance monetary assertion from February. The transfer is anticipated to underpin Microsoft’s continued efforts to offer industry-specific cloud choices to firms nonetheless adjusting to the disruption and alternatives introduced on by the COVID-19 pandemic.

Copyright © 2021 IDG Communications, Inc.

By Rana

Leave a Reply

Your email address will not be published. Required fields are marked *