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Transcription is the process of converting audio/speech or video content into a written format (text) for ease of use in different mediums, reading, analysis and examination. It is commonly used to create texts for videos, audios, business meetings, interviews, speeches, lectures, seminars, conferences, etc. The most popular formats used for extracting files in transcription are Word (.doc or .docx), text (.txt), PDF (.pdf), and HTML.
How does it work?
Transcription services can be provided in three different types:
It is a direct capturing of spoken language in a word-for-word manner, including every detail – not only words - like humming sounds, silence and pauses, laughter, etc. This type of transcription is essential in recordings that depend on reactions and behavior as much as the spoken words to deliver the core message.
This type is a refined version of the Verbatim Transcription where all the fillers are omitted, while applying further edits and modifications to the document - correcting grammar, removing some words, skipping irrelevant notes, etc. - to make it easier to read and absorb.
It is also called “Clean Transcription” where the transcriber has some freedom to edit the content by removing some parts of the audio or video file to better serve clarity, readability and appealing of the final document. It is mostly used when transcribing from one language into another.
How do we do it?
Believing that accuracy is the most important and profound element that should not be affected by poor quality or distortion of the audio, Contentech uses two different methods as per the clients’ scope of time, budget and preferences, or can join both while performing Verbatim, Intelligent Verbatim and Edited Transcription as follows:
We utilize Automatic Speech Recognition (ASR) programs as a primary and quick step to facilitate the creation of the initial transcript. The list of programs include Camtasia, F4 (Windows) and F5 (Mac), Express Scribe, Transcription foot pedal, Dragon Naturally Speaking, and many more. However, the output would be a document containing some errors, unclear phrases, and unrecognized sounds (noise, multiple speakers, pauses, accents, etc.) that need to be corrected and culturally adjusted using the manual method.
Our manual method offers more than a 99% accuracy rate that far exceeds the automated method, as our expert transcribers dive into all the audio elements from accents, noises, background elements, to other nuances to analyze and document it. Our transcribers perfectly recognize the tone, dialect, context, supporting elements, and other non-verbal information included in the audio. The result is a perfect copy to be used in media, Journalism, market research, education, or business documentation.
- U.S. transcription services market size was valued at USD 19.8 Billion in 2019 and is anticipated to expand at a CAGR (Compound Annual Growth Rate) of 6.1% from 2020 to 2027.
- Global medical transcription market size is expected to exceed $5.11 Billion at a CAGR of 17.1%
- 75% of students use transcripts to help them better learn and retain information.
- Approximately 64% of surveyed experts within the industries of E-learning and market research used speech o text automated transcription in 2020.
- 25% of the respondents from the market research industry reported the use of automated transcription on a monthly basis.
Why should you transcribe?
Transcription opens the door to a queue of benefits that include:
Providing a full understanding of the audio/video, including unsaid details.
Improving SEO as it relies on text to increase online traffic.
Increased accessibility to different audiences from different backgrounds.
Boosting engagement and adding value.
Transcription for videos ensures maximum visibility and availability of information.
Preparing written records of business meetings (MOM).
Preserving the accuracy and integrity of data.
Transcribe now and accomplish your business goals
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