IBM Watson Speech to Text vs. Smartcat

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Watson Speech to Text
Score 8.1 out of 10
N/A
IBM Watson Speech to Text supports conversion of audio and voice recordings to text in applications.N/A
Smartcat
Score 9.0 out of 10
N/A
Smartcat combines translation automation technologies with communication capabilities to help users not only automate workflows but also find needed freelance specialists. Originally a product of ABBYY, Smartcat became an independent product, and company, in 2016.
$1,188
per year
Pricing
IBM Watson Speech to TextSmartcat
Editions & Modules
No answers on this topic
Basic
$1188
per year
Enterprise
Custom
per year
Offerings
Pricing Offerings
IBM Watson Speech to TextSmartcat
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
IBM Watson Speech to TextSmartcat
User Ratings
IBM Watson Speech to TextSmartcat
Likelihood to Recommend
7.0
(0 ratings)
9.0
(0 ratings)
User Testimonials
IBM Watson Speech to TextSmartcat
Likelihood to Recommend
It's best for real time transcription and when the meeting is between the two speakers. Word recognition is accurate. Also it's available for various platforms, like cloud, apps, on-premise, API support. Price wise it's much better than other competitors. However, there can be still improvement in filtering noise and improving word accuracy. Language support can be increased further
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Smartcat is well suited for documents longer than 500 words. It is less appropriate for audio-visual translation.
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Pros
  • Low latency Real time meeting transcription
  • Meeting summary
  • Customer call summary
  • Automatic speech recognition
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  • Segmentation.
  • Translation overall quality.
  • Customer service.
  • Pricing.
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Cons
  • More language support
  • Recognize multiple speaker when multiple people are there in meeting
  • AI summary can be improved.
  • can be better in filtering the noise
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  • Performance has been an issue initially. Sometimes it takes longer for some things to load and it can be frustrating.
  • UI seems a bit confusing at times. For example, I don't understand why I need to have a translator's profile when I'm clearly a project manager.
  • Their support team can take a long time to reply which often crucial for urgent projects.
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Alternatives Considered
It provides more flexible plans as compared to others. These plans are affordable for Small and medium-scale enterprises. They also offer free trial. IBM Watson has wider integration support with the help of API. It has very low latency in real time transcription. Also there is a formatting feature to Transcribe dates, times, currency etc as per the desired format
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We also tried Memsource but it was lacking in terms of overall user experience and ease of use. Assigning projects in SmartCAT is a much more intuitive experience, plus it has all these other additional features that are absent from Memsource (like payment solution for freelancers). On top of that, the SmartCAT is absolutely free to use.
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Return on Investment
  • Improving productivity
  • Less communication gap
  • better customer services
  • global collaboration made easy.
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  • Translation memories and CAT tool help us ensure maximum consistency in our translations which is always appreciated by clients.
  • Team collaboration made it easier for us to grow our business and take on bigger projects, which brings us more revenue.
  • Payment solution helps us save money on wire transfer fees which is always great when working with multiple freelancers.
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ScreenShots