Fast-Talk Telephony is a search engine that can be integrated into applications such as call centers that should help operators find specific parts of conversations. Fast-Talk's ability to search all major forms of digital audio is an important plus, Meta Group analyst Earl Perkins says. But Fast-Talk's inability to read or convert existing analog files is a serious limitation, he says; it handles only digital audio files.
The technology has helped transform the businesses, says Tonie Wallace, CEO of both companies. Obtaining transcripts of court proceedings has been a source of frustration for the legal community. With demand for searchable text logs of meetings, depositions, and trials at an all-time high, a backlog of up to 30 days is stalling attorneys' courtroom efforts and leaving defendants stranded in jail. Fast-Talk's search tool, which the vendor says can search 20 hours of audio files in one second with 98% accuracy, could eliminate the backlog and cut transcription costs by more than half, Wallace says.
Wallace's companies have integrated the Fast-Talk search engine into their SearchWAV service, which records legal proceedings onto notebook computers and provides a transmission of the recordings to clients. "This technology revolutionizes not only the court-reporting business, but the legal environment in general," she says. Wallace hasn't used Fast-Talk Telephony but says she'll consider adopting it if the demand is there.
Fast-Talk plans to market its telephony technology to call-center application vendors, though whether they'll buy is questionable. Israeli call-center app vendor Nice Systems Ltd., which has seen Fast-Talk in action, opted to continue using Philips' slower telephony-search technology, which general manager Lior Arussy says delivers accurate results fast enough to satisfy Nice's needs: "We didn't see the additional value to warrant going in and replacing our system."
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