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| Team
Phonologies |
Imagine
the ability to have your e-mail read out to you while on the
move, or to access the latest news on different websites,
or carry out stock trading transactionsall through voice
activated commands and through any phone. This is no sci-fi
concept but a reality made possible by speech recognition
technology. It is estimated that by 2005, there will be 128
million users of speech-enabled applications. This is the
market that a start-up formed by a trio from IIT Bombay (Dipankar
Barman, Sachin Lamsoge and Rajkiran Talusani) is eyeing. And
quite aptly, the company goes by the name Phonologies.
In todays competitive scenario, businesses need to enhance
their way of communication. This is where speech recognition
technologies can make a difference. Instead of the traditional
IVR-based system where callers have to wait and hear messages
like wait for the operator or listen to long menus
that are tough to remember for the average user, a system
that is speech enabled allows companies to bring a natural
flow of communication. For example, if a caller wants the
EDP department, he/she can just say EDP and the line will
be transferred to the EDP department.
Says Prashant Lamba, director, Phonologies, Our mission
is to develop and market high quality, low cost and scalable
voice platforms, which can make information and services from
enterprises, telecommunication networks and the Internet accessible
over any telephone, anytime and from anywhere. The company
has already developed a voice browser christened InterpreXer,
which enables surfing of websites based on voice activated
commands. This would also mean that a user can just pick up
a telephone and read content on a speech-enabled website.
Also possible is routine call handling. For example, a call
centre with the help of the technology from Phonologies can
transfer all calls to an automated agent, which would recognise
human voice and can handle or route calls accordingly. This
effectively means that a call centre can cut down on human
resources and reduce cost of operations. Sectors like banks
can also use technology from Phonologies to enable their customers
to access their accounts from any telephone using simple voice-enabled
commands.
But the real trump card that Phonologies holds is not the
fact that speech recognition technologies are hot, but it
is the voice platform. Phonologies voice platform is
based on open source standards and hence is compatible with
multiple telephony platforms. This is a big plus over current
proprietary systems, which cannot be easily integrated with
other systems. The market is huge and the company is talking
to call centre solution providers, players in the unified
messaging space and IP telephony players.
The company clearly knows its strengths and weaknesses. For
instance, Phonologies knows that it cant compete with
the big guys globally without an effective distribution network.
Hence, the strategy is to sell directly to system integrators.
It is a win-win situation for both the system integrator (SI)
and Phonologies. While the SI can increase its range of offerings
with Phonologies solution, Phonologies can get its solution
extended into companies through the SIs contacts. But
in India, the company is looking at offering its solutions
directly.
One more approach that the company has deployed in its strategy
is to be a part of technology groups or forums. This is an
approach followed by many Israeli start-ups as it gives them
the expertise to work with latest technology forums and be
ready with a product or solution when a particular technology
is declared as a standard. The company is already part of
technology forums like VoXML and SALT (Speech Application
Language Tags). With the advantage of Indias low cost
of operations coupled with the strategy of an Israeli start-up,
Phonologies could prove to be one of Indias biggest
success stories in the times to come.
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