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The Pillar of a Successful Conversational Journey: Speech Recognition - Sestek - ContactCenterWorld.com Blog

The Pillar of a Successful Conversational Journey: Speech Recognition

Conversational technologies transform the customer journey. By allowing customers to use their own words to interact with systems, conversational technologies offer the most natural communication method. And the conversational journey starts with speech recognition technology.

Speech Recognition (SR), also known as automatic speech recognition (ASR), catches spoken words and phrases and converts them to a machine-readable format. This is the first step to let users control devices and systems by speaking instead of using conventional tools such as keystrokes or buttons.

Why is Speech Recognition important?

As the first step, the accuracy of speech recognition is key to a successful conversational journey. If you cannot accurately translate voice into text, you cannot understand what your customers are saying, and you will not be able to solve their problems. The accuracy of SR increases the efficiency of self-service applications and allows companies to deliver improved customer experiences. Since SR is the core technology that empowers conversational solutions, the success of a conversational system depends on the capabilities of its SR technology. In other words, to ensure a smooth conversation between machines and the customers, a comprehensive Speech Recognition solution is crucial.

To offer an effective conversational product, make sure that your SR solution ;

  • has a high recognition accuracy
  • offers advanced natural language support
  • supports multiple languages and accents
  • easily integrates with multiple technologies like AI, natural language processing (NLP), and machine learning (ML)
  • has a flexible structure that supports omnichannel deployment

How Sestek SR stands out

20 Years of Know-How

Sestek SR is the product of Sestek’s 20 years of experience in building highly accurate speech solutions. Since day one, we have been working hard to make our technology more accurate and robust. Empowering Sestek Speech Recognition with the latest technologies like neural network (NN) improves its recognition accuracy and as an R&D company, we have been investing in this for a long time.

End-to-end Conversational Journey

Sestek SR is the core technology behind our main products such as voice IVRs, virtual assistants, and conversational analytics. Moreover, Sestek SR is a component of our omnichannel automation solutions. Meaning when you implement Sestek SR once, you can benefit from the technology at any channel you are willing to build conversational solutions for your customers.

Tailor-Made for Different Verticals

Each business has different priorities when it comes to offering the best customer service. Each business needs specific solutions rather than one-size-fits-all ones to build the right conversational journey.

Sestek Speech Recognition’s highly customizable structure enables us to build a tailor-made conversational solution for each company. The technology can be trained with specific language models according to industry and vertical needs.

Difficult to Build Difficult to Implement

Building highly accurate speech solutions in house might take significant time and effort. Collaborating with experienced vendors saves more than money, it can contribute to the awareness within your organization. But this requires a close relationship with your technology provider. Your technology provider needs to understand your needs fast and offer intelligent guidance with proven processes and advanced tools. Sestek offers end-to-end professional services, including strategy building, application design, deployment, testing, and optimization. Our team’s expertise relies on hands-on experience in speech tech, gained from 20 years of developing conversational solutions. This may be our most significant differentiator to our global competitors’ deploy and forget approach.

SR Accuracy Test

Sestek SR is the product of our continuous R&D efforts. We optimize our product with the latest technologies and methods in a way that increases recognition accuracy.

Lately, we developed a new model where we used a neural network as a technological leap. And to measure the success of this model, we tested the accuracy of our speech-to-text engine. We compared our engine with Google and IBM’s SR engines.

For manual testing, we used two sets of random data from call center recordings, two sets of recordings of medical articles. For automated testing, we used 3 YouTube videos.

In the manual test, recordings were listened to and labeled all the automatic transcribed words/phrases as correct/wrong and calculated final word-error rates within the data set. WER (word-error-rate) is a common metric for SR engines; it is the ratio of the total word of error (substitutions, deletions, and insertions) to the total number of words in the reference. The smaller the ratio, the more accurate the engine.

The first table shows the results of manual calculation, and the second one shows the result calculated automatically using the reference text.  Here are the results:

Manual Measurement

Automated Measurement

As seen above, our NEW approach provides nearly 30% improvement for accuracy.

With these numbers, we are not suggesting that we are certainly better or the rest is certainly worse. The speech recognition process includes calculating and optimizing millions of parameters over a vast search space, and it is hugely stochastic (what we engineers call as the pattern that may be analyzed statistically but may not be predicted precisely). A vendor’s SR engine can perform better than others for a specific recording, but the same engine can perform worse for another one.

We are simply suggesting that our SR technology can easily compete with billion-dollar vendors such as Google and IBM.

Learn More

Speech recognition is among the leading technologies used in conversational automation. The performance of this technology plays a crucial role in the success of conversational customer services. By offering an easy-to-use and advanced conversational system, businesses can improve customer experience. That is why choosing the right speech recognition technology is an important decision to make. Sestek offers an effective solution not only with its advanced technical features and high accuracy rates but also with 20 years of know-how and distinctive professional services. Click here to test our Speech Recognition technology for the following languages; Turkish, English, Flemish, French, Russian, and Turkish.

Source: https://www.sestek.com/2020/10/the-pillar-of-a-successful-conversational-journey-speech-recognition/

Publish Date: October 10, 2020 5:00 AM


2021 Buyers Guide Analytics

 
1.) 
3Fiftynine

CardBoard
CardBoard: Real-time data, shows the most important KPI’s in your Contact Center.
Built for data | Designed for business | Empowers teams

2.) 
Acqueon Technologies Inc.

Acqueon's AI-driven conversational engagement software enables sales, marketing and service organizations to engage in emotionally connected dialogs with customers via their channel of choice for significantly improved results. The Acqueon suite adds multichannel campaign management, contact center analytics, desktop, and CRM connectors for your contact center software of choice, including Amazon Connect, Cisco, Nice inContact, and Twilio. Acqueon conversational engagement software leverages the Acqueon IQ platform to aggregate data from the various applications, assemble rich customer contexts, and drive next-best-action using powerful statistical and predictive models.
PH: +1 888-946-6878

3.) 
Call Tracking Metrics

Automate insights from all your customer communications

There's no better way to get to know your customer than through their own communications with your brand. Gain a strategic advantage and a thorough understanding of your customer's full journey with a complete suite of conversation intelligence tools and features. Measure customer sentiment, automatically identify and score qualified conversations, and give strategists everything they need to knock their campaigns out of the park.

Use conversation analytics to:

• Build your ideal customer profile
• Optimize your sales and customer service processes
• Maximize your resources to focus on quality conversations
• Identify trends and customer sentiment in real-time
PH: 8005771872

4.) 
CallFinder

CallFinder speech analytics
CallFinder® is a leading provider of cloud-based SaaS speech analytics, automated call scoring, and speech-to-text transcription technology with sentiment analysis. Our easy-to-use solution is designed to help businesses and contact centers automate quality monitoring to improve agent performance and provide a superior customer experience.

With CallFinder, you get…

100% visibility into agent-customer interactions
100% monitoring of interactions, up from only 5-10%
Scalability of QA reviews with the same size QA team
CallFinder isn’t just your average speech analytics provider. When you work with us, you get unparalleled, continuous support through our MyAnalyst managed client servic...
(read more)
PH: 800-639-1700

5.) 
ComSys S.A.

CCube for Business Intelligence
CCube by Comsys is a business intelligence application, developed for enterprise contact centers. It delivers powerful, and dynamic reporting that enable managers to gain insight into their business. CCube is natively compatible with Aspect Unified IP and Cisco Unified Contact Center (UCCE/UCCX) platforms
Comsys is a provider of οmnichannel customer engagement solutions that assist companies around the world in delivering unique customer experiences. For the last 15 years, Comsys designs and implements complex projects for clients from the outsourcing, financial services, telecommunications, and retail sectors. Comsys enjoys strategic partnerships with technology vendors like Cisco®, Aspect...
(read more)
PH: +302109241486

6.) 
Consilium Software

Consilium UniInsight™
The days of ‘business as usual’ are a distant memory for most of the world. And when it comes to contact centers, balancing between contact channels, deciding which agent locations or teams are doing well, working out how your customer satisfaction is being impacted by the less-than-perfect work environments of ‘lockdown’ agents…leaders are often at a loss when trying to get such insights from their contact center data. As the technology and business landscape changes, so too must the contact center reporting and analytics solutions that power decision making and performance management. With the new release of Consilium UniInsight™, we have tried to deliver contact center reporting and op...
(read more)
PH: (+61) 406 501 368

7.) 
CUSTOMER SQUARE

CROSSCRM.CX - CRM Dataviz Module
CROSS-CRM manages daily interconnection with your CRM tools to centralize data and analyse CX on all channels, and is able to provide deep analytics insights.

All the Kpi’S are here for precise control of your Customer Relationship : Interactions - Quality - Satisfaction - Campains forecast MyClient

Filters, Data Extraction, Custom Views, dates sheets, email subscriptions, xls Extracts, images, pdf


PLUS ! Automated extracts
for integration to third party applications.

8.) 
Daisee

Daisee
Daisee builds technology that empowers people to solve problems by making interactions simple and smart so they can have a more significant impact, be more productive and be better at what they do. We believe incremental improvements carry huge potency and provide exponentially greater change for the better.

Genesys customers can now automate risk and quality management using Daisee’s speech and sentiment analytics and remediation workflow software. Daisee helps improve customer experience, ensure regulatory compliance, identify missed commercial opportunities & training requirements as well as provide valuable insights back to the business directly from the frontline – the true voice-of-...
(read more)
PH: +61404697151

9.) 
DialogTech

DialogAnalytics™
Powered by AI, DialogTech’s DialogAnalytics analyzes conversations to provide marketing and sales teams a wealth of insights for smarter optimizations. With the power of conversation intelligence, you can learn which channels, ads, keywords, and webpages drive the best sales calls, if the caller converted, and more.

AI analyzes how calls are handled at locations and call centers to detect issues that negatively impact ROI. See what percentage of calls go unanswered and who is best (and worst) at converting callers to appointments and customers. Get email alerts when phone leads are mishandled at locations so those leads can be called back right away.

With DialogAnalytics, you can get a...
(read more)

10.) 
eGain Corporation

eGain Analytics
eGain Analytics makes it easy to measure, analyze and refine your contact center operations, knowledge and web customer experience. Create informative reports, charts and dashboards effortlessly. Slice-&-dice the data in any number of ways and use it to manage the business effectively.

1. Operational Analytics™ empowers the business to measure and manage the call center directly and without IT involvement.
2. Knowledge Analytics™ provides insight for eGain’s knowledge and AI applications.
3. Digital Analytics™ measures contact center performance within eGain’s digital channel applications.
4. Journey Analytics™ captures customer behavior on the website—identify the churn points and cre...
(read more)

11.) 
ethosIQ, LLC

ethosAnalytics
ethosAnalytics leverages data to provide business intelligence to enhance the customer experience and beyond. The analytics dashboards are customized based on client needs. ethosAnalytics enables data-driven decisions in seconds or minutes - not days or weeks.
PH: 2816165711

12.) 
Lieber & Associates

Contact center Analytics and Metrics
Lieber & Associates provides services to develop, interpret, and improve contact center metrics and analytics. The firm's experience spans forecasting, customer service, order-taking, lead-qualification, sales, segmentation, media-source-tracking, and testing design. L&A's president pioneered segmentation for telephone scripts and the tri-level service level metric. He brings broad analytics experience to contact centers.
PH: +1-773-325-0608

13.) 
Noble Systems

Noble IQ
Turn business insights into actionable intelligence. Noble’s IQsolutions provide you with rich and robust customer data that can transform your business. Automate decision making and campaign management and refine the quality of interactions with precision and efficiency. We have developed proprietary and patented tools to help you make sense of data on your current operations and then help you make strategic decisions to improve performance and efficiency. Identify who your best customers and prospects are and the ideal methods to reach them. Understand what types of campaigns work best for your business and how to optimize underperforming campaigns. And nake real-time decisions rather than looking back to see what went wrong.
PH: +61 (0) 3.9008.1700

14.) 
OpsTel Services

VIEW
With OpsTel VIEW™, you are able to monitor and immediately audit your agent profile data for accuracy and compliance across the entire contact center solution stack.

Features:

*OpsTel VIEW™ tracks down unused stale profile licenses and provides clients with detailed audits explaining their location, current and historical status
*Comprehensive audit across the enterprise, it only takes 10 minute
*Provides a view in to the data accuracy of agent profiles across multiple applications
*Drastically speeds up audit and validation processes
*Validates actions to implement for profile data integrity issues across multiple applications
*Can also assist in ensuring access level compliance...
(read more)
PH: 1+480-435-9390

15.) 
PRILINK

SIP-Trunk Demarc Monitor
Analyzes SIP signalling and RTP audio stream of every call passing through the network demarcation point. Provide a real time 24/7/365 network baseline database that contains the IP bandwidth, call traffic of up to 128 voice groups, Call Detail Record (CDR), call blockage and MOS voice quality. All information are displayed in SIP-Trunk dashboards and are used in many applications, such as Telco collaboration, UC/CC analytics, Work Force Optimization (WFO) and caller identification.
PH: 905-940-8844

16.) 
Vads

Social Media Analytics
Social media analytics is the practice of gathering data from blogs and social media websites and analyzing that data to make business decisions.

Typical objectives of Social Media include increasing revenues, reducing customer service costs, getting feedback on products and services and improving public opinion of a particular product or business division.

Key the activities involved:

Analyzing net sentiment score
Qualitative and quantitative of sentiment analysis
Measure the emotions (6 Emotions) of the consumers
Mapping out all potential advocates
Measuring a nationwide consumer sentiment
Unlimited data extraction & cleaning
Customized positive and negative keywords
Qualitative and quantitative insights & report writing
Measuring the consumer sentiment
PH: 0217991445

17.) 
QPC Ltd.

QPC Live
QPC provides realtime unstructured and structured data analytics solutions and services to contact centres globally.
We provide a complete end-to-end customer integrated offering powered by a Multichannel Intelligence Gateway which collects and inter-relates all customer interactions, from each and every customer contact across an entire contact centre ecosystem, all in real-time.
We also provide solutions for conversational and interaction analytics with solutions from our specialist portfolio.
PH: 00441352705810

18.) 
Tethr

Tethr is a cloud-based conversation intelligence platform that combines AI, machine learning and over a decade of customer experience and sales best-practice research to surface contextual insights from phone calls, chats, emails and other customer interactions. Companies use Tethr to turn large amounts of unstructured voice of customer conversation data into insights they can deploy to improve their customer experience.

19.) 
Trillys Systems

ActuCall
Imagine for a moment that you are a call center manager responsible for generating revenue through signing new customers or up-selling to existing ones. Imagine that your KPI is telling you you have an abandonment rate of 5% and someone comes along and says "No, your abandonment rate or dropped call rate is 13%." .." How do I know? AcutuCall VoIP software application can show you the dropped call data including, originating number and whether it was a network or equipment failure." Now imagine you can see your calls in progress on a mobile app, take your dashboard where ever you go! "What is a lost call worth to you?"
PH: +1 613-521-1639
 



View more from Sestek

Recent Blog Posts:
The Pillar of a Successful Conversational Journey: Speech RecognitionOctober 10, 2020 5:00 AM
Reducing Customer Complaints with Speech AnalyticsAugust 12, 2020 5:00 AM
Gartner Recognizes Sestek’s Speech-to-Text TechnologyMay 13, 2020 5:00 AM
How does Conversational AI strengthen your business in tough times?May 4, 2020 5:00 AM
AI: The Secret Weapon for HealthcareMarch 28, 2020 5:00 AM
A New World Without Artificial Stereotypes and Biases with Artificial Intelligence: Why Not?February 7, 2020 5:00 AM
What will 2020 bring to conversational AI?January 23, 2020 5:00 AM
Vital Steps To Get The Best Out Of Speech AnalyticsNovember 25, 2019 5:00 AM
Anticipating Customer Intent Better with Predictive AnalyticsOctober 31, 2019 5:00 AM
Boost Call Center Performance with AI and Agent CollaborationAugust 19, 2019 5:00 AM

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