My Industry and Firm Analysis

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Click here for Industry and Firm Analysis paper

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[edit] Industry Analysis

Speech Technology Industry
Text-To-Speech (TTS) and Speech-To-Text (STT) segments
Dominated by three companies:

  • IBM
  • AT&T
  • Wizzard Software Corporation

Niche market, but has potential to grow.

Information system is your average IS

  • Mainly geared towards internal support and customer data collection and retention
  • Supporting architecture for any customer-facing interaction (i.e. web pages, etc.)
  • Supporting architecture for any necessary voice and/or data transmission and/or processing

[edit] Firm Analysis

Wizzard Speech Products

  • distribute AT&T and IBM’s solutions
  • distribute SDKs that assist in incorporating Text-To-Speech (TTS) and/or Automatic Speech Recognition (ASR) features within product line(s)

Wizzard Speech Services

  • developer support for the SDKs
  • Voice2Text Service, an out-sourced service for those who have a large amount of voice audio & wish to convert them into text files.

Wizzard Media

  • over 85 million podcast downloads per month
  • is the worlds largest distributor of podcasts
  • value proposition is the ability to capture and analyze user tastes and trends in real-time, and the ability to utilize that data in developing and deploying targeted advertisements with each pod-cast.
  • revenue is made from charging to deploy per pod-cast per targeted audience.

Financial Information (as of 12/31/07)

  • Operating Revenue: $5.16 million
  • Gross Profit: $1.56 million
  • Net Income/Loss: -$10.20 million

Information System architecture dependent on the division, but both roles exist

  • Wizzard Speech Products & Services: Support for external customers, & both Support and Enabler for internal customers
  • Wizzard Media: Support and Enabler for external customers
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