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A transcription service is a business service that converts speech (either live or recorded) into a written or electronic text document. Transcription services are often provided for business, legal, or medical purposes. The most common type of transcription is from a spoken-language source into text.
Otter.ai, Inc. is an American transcription software company based in Mountain View, California. The company develops speech to text transcription applications using artificial intelligence and machine learning. Its software, called Otter, shows captions for live speakers, and generates written transcriptions of speech. [1]
Rev is an American speech-to-text company that provides closed captioning, subtitles, and transcription services. The company, based in San Francisco and Austin , was founded in 2010. The company employs about 89,550 independent contract workers who transcribe audio for a low per-minute rate.
Transcription software, as with transcription services, is often provided for business, legal, or medical purposes. Compared with audio content, a text transcript is searchable, takes up less computer memory, and can be used as an alternate method of communication, such as for subtitles and closed captions .
For this type of remote transcription job, you would transcribe all dialogue, sound effects and music from a video file such as a film or television show into written lines. 8. Virtual Medical Scribes
With the exception of fully open-source programs, which are free, medical scribe computer programs are rented rather than sold ("software as a service"). Monthly fees vary from mid-two figures to four figures, in US dollars. Some companies run on a freemium model, where a certain number of transcriptions per month are free. [22] [23]
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