IBM Watson Speech to Text supports conversion of audio and voice recordings to text in applications.
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Trados Studio
Score 5.1 out of 10
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Trados Studio is a translation management and language localization platform, from multinational SDL headquartered in the UK. It is a computer-assisted translation product, designed to be a complete translation environment for language professionals who want to edit, review and manage translation projects whilst in the office or on the move.
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
Although now there are competitors, it held a monopoly on computer assisted translation packages for some years. If high prices and poor customer support are not an issue for you, by all means purchase it. Other translators can find better options elsewhere in 2022.
Again, the list of functions is impressive but the way it is organized (not process-driven) and the fact that complex tasks should be close to basic tasks make the product suitable to hardcore users that have a lot of time to research the manuals and blogs. By the way, Nora Diaz is one of the most respectable users of this product. Her videos help a lot!
Support has been fast, precise and thorough. There is support on the web, by chat, by email, from the communities, from the experts, on the product Help section, on YouTube, and other social media. There is also a paid support for companies. This area is where the company stands out. I was not able to evaluate the support in languages other than English.
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
We have tried a variety of other CAT software at times. The problem is that few have the market penetration or critical mass of users that SDL Trados does. It's not that the software is the best out there, it's long term stability and the number of users that is more important. We need to be compatible with our suppliers, so the choice is made on that basis.