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AGDAV Model Town Project Briefing

AGDAV School's Presentation for Venture Labs - EXUN 2004

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AGDAV Model Town Project Briefing

Need for typing Labour •  Cost of typists high in developed countries

– Lowest salary for typing work about £7 per hour Courtesy : monster.co.uk

– This figure is about 30 times that of India. •  Availability of trained manpower is low •  This makes UK an ideal market for our

services.

Legal Transcription – A Symbiotic Relationship

•  Attorney Gains – Gets his job done high speed and accuracy at a

lower price

•  We Gain – Get higher price than usual for the same work

How does it happen? •  Attorney’s side

– Records his speech files and sends to our secure server using our custom made software.

•  Our Side – We receive the speech files, Hear them, make

them into a document using our 3-Tier-Process, and send them back in MS-Word format.

The 3-Tier Document Processing •  Step I

–  Accent Trained Professionals hear the files and type them out.

–  Targeted Accuracy 75-80% •  Step II

–  Proofreaders eliminate spelling and grammatical mistakes

–  Targeted Accuracy 85-90% •  Step III

–  Professionals trained in legal terms and technicalities eliminate contextual errors.

•  FINAL ACCURACY – 98% GUARRANTIED

The India Advantage •  Because of Time Zone Difference, “We work

as they sleep” •  Legal Systems Similar

– Formatting of legal documents is almost identical – Will be easier and cheaper to train Step III

professionals. •  Heavy paperwork involved, so greater

volume of work.

The tech side of it Their Side •  Software includes

– Audio Recorder •  Ogg Vorbis is the chosen format as it offers high

quality, high compression, and is Open Source. –  Internet Client

•  To upload speech files to our secure server.

The tech side of it (Contd..) Our side •  Software Includes

–  Audio Player •  To listen to the speech files for typing

–  Word Processor •  To type and save the document in MS-Word format.

–  Internet Client •  To send the file to the server for download by the client

•  Special Foot Paddle mouse is used in addition to scroll mouse to scroll through text and audio simultaneously

The tech side of it (Contd..) The middleware will feature

– Secured Transaction •  High Security Payment Gateway will be used for

processing payments. – Secured Downloads

•  Downloads will be secured using SPA (Secure Password Authentication)

– Encrypted Speech Files •  So cannot be intercepted en-route.

Accounting and Payment •  Payment through International Credit Cards/

Western Union Money Transfer. •  On receipt of payment, client’s account will

be credited for work at agreed rates. •  Work done for a client will be debited to his

account

Project Projections •  Work will be starting initially from the UK

because of reasons stated earlier. •  Setting up of Infrastructure Includes

– Development of Workstation – Development of software –  Installation of Network – Marketing and Advertisement Overseas – Training of Step I, II and III Professionals

Time and capital •  Approximated time required for completion of

project – 2 Months

•  Approximated Capital Required – Three Hundred Thousand US$