My Industry and Firm Analysis
From Information Systems at Pitt Business
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
