AI Secure Biometrics enters growing voice recognition market with Auraya partnership
AI Secure Biometrics (AISB) has announced a new advanced voice biometric technology developed in partnership with Auraya Systems to provide a full suite of voice biometric capabilities to the telephone and digital channels.
The next-generation AISB Voice Biometric Engine powered by ArmorVox is a language-independent engine designed for integration into third party applications, solutions and services leveraging patented speaker adaptive machine learning algorithms, according to the announcement. It can be used by contact centers and IVRs, websites, chat and messaging applications, digital apps, social media and wearable technologies.
The AISB Voice Biometric Engine has a false rejection rate (FRR) of 0.01 percent, with verification in under one second, the company says, and can provide an enterprise-wide, omnichannel solution for every stage of the customer journey.
“We are excited to offer a superior Voice Biometric Platform to the world. The advanced technology the AISB Voice Biometric Engine provides to our customers, along with our transparent pricing model will be a game changer,” states AI Secure Biometrics CEO Michelle Gilbertsen. “We understand the urgency of introducing our platform into the market with security breaches happening daily, costing companies millions of dollars. It is important for companies to invest in a proven, tested, and stable voice biometric company. At AI Secure Biometrics we protect your customers and systems.”
The new product release comes as Meticulous Market Research forecasts the global market for speech and voice recognition technology will grow by 17.2 percent CAGR from 2019 to 2025 to reach $26.79 billion in revenue.
According to the “Speech and Voice Recognition Market…” report, available from Research and Markets, speech recognition is estimated to account for a larger share of the overall market in 2019, and will grow quickly during the forecast period on the increasing popularity of smart home devices, growing adoption of connected cars, and increasing demand for other smart devices such as smartphones. The auto market holds the largest share of any sector, with leading players such as Apple, Google, and Nuance Communications aggressively working to restructure drivers’ experiences.