Chief Executive Officer
Location: Martigny, Switzerland
Number of employees: 6
Year founded: 2010
19 Rue Marconi
1920 Martigny, Valais
Video is quickly becoming the dominant model for online learning and training, in both academia and business. However, video has some disadvantages: you cannot search for words spoken in a video in the same way as you can search for text in a webpage; you cannot copy and paste quotes to refer to, edit and refine later; you cannot watch offline; and, if you have a hearing disability, you may not be able to access the contents at all.
Koemei is solving these problems by transcribing video using innovative automated speech recognition software, developed over seven years by academics at the Idiap Research Institute. Deciphering human-to-human speech is a much more complex task than understanding the human-to-machine speech found in automated call centres.
The software can transcribe lectures and long-form discussions, distinguishing among up to 10 voices for around a 20th of the cost of manual transcriptions. While independently benchmarked as the most accurate automatic transcription service currently available, it is still not perfect; hence, Koemei adds an interface for humans to check and correct the transcription, which can be crowdsourced to learners if desired.
Koemei has recently started to offer French as well as English transcriptions, and is working on German and Mandarin. It can be customized to handle fields with specialized vocabulary, such as medicine. Koemei’s API makes it possible to use it beyond the training and education sector, though its focus is firmly on making learning and knowledge accessible to all.