SPEECH-PROCESSING
10.4.2024 09:03:28 CEST | Business Wire | Press release
Philips Dictation by Speech Processing Solutions, a globally leading innovator in voice technology, has announced the latest innovation in their professional cloud-based dictation and transcription solution, Philips SpeechLive. The enhancement integrates speech recognition from Nuance Dragon. This major development offers the most accurate dictation workflow, leading to new levels of efficiency for legal professionals worldwide.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240410464123/en/
Philips SpeechLive with Nuance Dragon (Graphic: Business Wire)
Featuring highly precise AI-powered speech recognition integrated directly into legal workflows, this latest version of SpeechLive continuously learns for unmatched accuracy. It empowers time-constrained lawyers to create high-quality documentation while enhancing efficiency and expediting documentation completion. Additionally, assistants can access automated transcripts together with the original recordings for quick corrections, freeing them to concentrate on more meaningful tasks, ultimately boosting work satisfaction and productivity.
Dr. Thomas Brauner, CEO of Speech Processing Solutions, emphasized the significance of this partnership, stating, "The integration of Nuance Dragon into Philips SpeechLive marks a significant enhancement for legal professionals. By merging top-tier AI-powered speech recognition with the best-in-class dictation platform, we're empowering legal professionals to benefit from the best of both worlds. This unique combination will streamline their workflow and achieve new levels of efficiency and accuracy in their document creation process."
Key benefits for legal professionals include:
- Specialized Legal Vocabularies: Access tailored legal vocabularies for precise transcription and industry-specific terminology adherence.
- Custom Profiles: Personalize speech profiles to streamline workflows and boost efficiency, eliminating repetitive corrections.
- Personalized User Recognition: Nuance Dragon's adaptive learning optimizes transcription accuracy, tailoring to individual preferences.
- Enhanced Functionality: Experience streamlined features within SpeechLive, including live dictation and recording capabilities, enhancing workflow efficiency.
- Enhanced Mobility: Access SpeechLive across devices for flexible work arrangements, including PCs and mobile phones, facilitating work from any location.
- Real-time speech recognition with Dragon Bar: Dictate directly into applications for convenience, such as Word documents or Client Management Systems (CMS), simplifying the documentation process.
- Data Security: Philips SpeechLive prioritizes data security, with servers located in five regions worldwide and features such as Multifactor Authentication and Single Sign-on.
In the legal profession, effective communication requires reliance on and integration of precise speech recognition and a seamlessly integrated workflow system.
Philips SpeechLive platform's versatility and convenience cater to the dynamic needs of legal professionals. This all-in-one dictation and transcription platform empowers time-pressed professionals and high-demand firms to save time and earn more money by automating the documentation process between authors and transcriptionists, also allowing them to work flexibly from anywhere.
Free demos of Philips SpeechLive with Nuance Dragon integration are available at www.speechlive.com/dragon-speech-recognition.
About Speech Processing Solutions (SPS):
Speech Processing Solutions (SPS), the global leader in professional dictation solutions, is active in 50+ countries, with over 4 million users and a worldwide network of 1,000+ partners. It develops and markets industry-leading dictation and transcription solutions, automated documentation workflows with speech recognition, as well as award-winning dictation devices, sold under the Philips brand. SPS's mission is to empower every user to be more productive by simplifying their work with smart, voice-based solutions. Headquartered in Vienna, Austria, SPS has regional offices in Australia, Canada, Belgium, France, Germany, the United Kingdom, and the United States.
Follow Us:
LinkedIn: http://www.linkedin.com/company/speech-processing-solutions
YouTube: http://www.youtube.com/philipsdictation
Facebook: https://www.facebook.com/philipsdictation
Instagram: https://www.instagram.com/philips_dictation/
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/20240410464123/en/
About Business Wire
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
Nexo Reaffirms EU Compliance28.7.2026 16:00:00 CEST | Press release
The digital assets wealth platform announces sustained operations across the European Economic Area in the MiCA era Nexo, a leading digital assets wealth platform, today reaffirmed product compliance across the European Economic Area (EEA), achieved ahead of MiCAR’s entry into force. The company operates with a local setup through two MiCAR-licensed partners bringing technical depth and operational maturity to Nexo's client-facing platform in the region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260728038475/en/ Nexo's setup pairs its global wealth platform with dedicated, licensed European infrastructure — splitting custody and brokerage across two regulated partners: Tangany, licensed under MiCAR, provides institutional-grade custody infrastructure for digital assets. Meanwhile, DLT Finance, licensed under MiCAR and authorized under MiFID II, provides brokerage infrastructure for digital assets and financial instrumen
Estée Lauder Announces New Fragrance, Glimmer, with Global Campaign Starring Hailee Steinfeld28.7.2026 16:00:00 CEST | Press release
Today, Estée Lauder announces the launch of Glimmer, a new prestige fragrance created for a new generation of consumers. An amber floral fragrance with a gourmand twist, Glimmer transforms the power of everyday "glimmers” - small moments of joy, hope, and connection - into a sensorial fragrance experience designed to inspire optimism, foster community, and leave a lasting impression. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260727469772/en/ Hailee Steinfeld stars as the face of Glimmer Acclaimed actress and singer Hailee Steinfeld stars as the face of Glimmer. Rooted in the belief that one spark can ignite many, the campaign positions Hailee and her singing voice as catalysts for the joy, optimism, and connection that are at the heart of Glimmer. “Hailee is the embodiment of what Glimmer represents; she is confident, has a contagious sense of joy, and understands the power of connecting with her community,” said Justin
Interactive Brokers Opens AI Connectivity to Any Tool Built on the MCP Standard28.7.2026 16:00:00 CEST | Press release
Clients can now connect their accounts to the AI tools they already use, built on the open Model Context Protocol standard Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced that clients can now connect their accounts to nearly any AI tool they already use. Previously limited to the certified marketplaces for ChatGPT, Claude, and Grok, clients can now also connect from a growing range of tools that support the Model Context Protocol (MCP), including Claude Code, Cursor, Perplexity, and Windsurf. MCP has become the common standard for connecting AI applications to outside services. Interactive Brokers' AI Integration has been built on MCP since launch, and clients can now connect from any MCP-compatible tool in addition to the certified marketplaces. “Interactive Brokers has long offered open APIs that let clients connect their accounts to the tools and systems they choose,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “Supporting AI too
Mindbreeze InSpire Reduces Token Maxxing, Turning Runaway AI Costs Into Predictable Enterprise Value28.7.2026 15:03:00 CEST | Press release
By grounding generative AI in precise, governed enterprise knowledge, Mindbreeze InSpire cuts the wasted tokens that inflate AI budgets and erode answer quality. Mindbreeze, a leading global provider of AI-based knowledge management solutions, today announced that Mindbreeze InSpire reduces token maxxing, the costly overconsumption of large language model (LLM) tokens that is straining enterprise AI budgets. By retrieving only the most relevant, grounded content and passing it to LLMs with precision, Mindbreeze InSpire lowers the tokens required per answer while improving accuracy, giving enterprises a path to scalable AI with predictable economics. Token maxxing has become one of the most underestimated risks in enterprise AI. As organizations connect generative AI to their data, many default to injecting large volumes of undifferentiated context into every prompt, repeatedly, across thousands of queries. Industry analysis has warned that tokens are becoming the true unit of AI cost,
Uptime Institute 16th Annual 2026 Global Data Center Survey: Deployment of High Density Racks Rising Fast, Operators Face Continued Recruiting and Retention Pressures28.7.2026 15:02:00 CEST | Press release
Uptime Institute today released the findings of its 16th Annual Global Data Center Survey, the most comprehensive study of the digital infrastructure sector. The 2026 results reveal an industry navigating workforce constraints, escalating outage expenses, even as rising costs remain the top concern for management teams. Financial Pressure and Resource Constraints Intensify: While high costs continue to be a primary concern for data center leaders, the 2026 survey also highlights escalating concerns over capacity forecasting, power availability, and supply chain disruptions. Power efficiency gains remain gradual. The industry saw minor improvements in average Power Usage Effectiveness (PUE) levels this year. While newer facilities may boast highly efficient designs, overall global progress is slowed by legacy infrastructure. The AI and Density Reality Check: Despite market enthusiasm for Artificial Intelligence, expectations for AI in data center operations cooled slightly in 2026. Oper
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