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Speech technology booming in India
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Bombay, India (FE): Thanks to the preponderance of contact centres using relatively inexpensive labour, India is a prime target for vendors of voice solutions. With a burgeoning economy, Indian adoption of technology such as speech recognition and voice synthesis is on the rise. In a study done by Datamoniter, it indicated that the Indian voice business market is still in its infancy with revenues growing rather conservatively, expanding from $2.6 million in 2003 to $13.2 million in 2008, at a CAGR of 30.5%.
For more information, please visit:
www.financialexpress.com/fe_full_story.php?content_id=133350
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