How This Startup Is Building A Language Understanding Engine

How This Startup Is Building A Language Understanding Engine

How This Startup Is Building A Language Understanding Engine. Bangalore-based Vernacular.ai is aiming to resolve by automating a large chunk of non-productive calls over voice.

According to Research and Markets reports, Artificial Intelligence for speech recognition market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~65.17% during the forecast period (2019-2024) and is expected to reach a value of INR 14.61 Bn by 2024.

The increasing demand for smart speakers and voice-enabled devices, coupled with rising penetration of speech recognition technology in customer care services are driving this growth, further stimulating development and innovation in the space.

startups ai startup india chatbots indian nlp startup language understanding speech recognition startup india vernacular.ai voice automation

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