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Viktor Osetrov- CEO/Founder RealSpeaker Lab LTD. From December‘11 www.realspeaker.net Early start-up stage Video enhancement of audio speech recognition solutions

RealSpeaker en full version

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RealSpeaker - visual extension to audio speech recognition systems. Russian revolution at speech recognition technologies

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Page 1: RealSpeaker en  full version

Viktor Osetrov- CEO/Founder

RealSpeaker Lab LTD.From December‘11

www.realspeaker.net

Early start-up stage

Video enhancement of audio speech recognition solutions

Page 2: RealSpeaker en  full version

ProblemExisting speech recognition programs are very limited:

• Max. accuracy 60% or less• Sensitive to noise• Require fragmented speech• Require broadband Internet

connectively

www.realspeaker.net

As a result:Painful to use!

Page 3: RealSpeaker en  full version

Solution

www.realspeaker.net

RealSpeaker solution uses parallel analysis of audio and video stream:

• Extraction of orator`s speech from the overall stream

• Automatic speech fragmentation• Automatic output of resulting

speech Main benefit:>up to 40% improvement in recognition accuracy

Page 4: RealSpeaker en  full version

www.realspeaker.net

Technology – low cost!• Algorithm self-adapts to any user• Our algorithm is 5 times more productive

than nearest competition• Works with any camera• Works on most laptops

Usability• Easy to use• High accuracy• Hand’s free enabler• Automatic text output can be saved and

edited

Competitive advantages

Page 5: RealSpeaker en  full version

Working prototype

Output of recognized speech to

text

www.realspeaker.net

Alpha-version Self-adapting

Lip position tracking

Page 6: RealSpeaker en  full version

www.realspeaker.net

Technology roadmap

Our goal:RealSpeaker on every smartphone!

Value

Stage of development

Q3, 2012Transfer

technology to web

Q4, 2012Expecting 2X improvement

accuracy

Q4, 2012 Launch the free beta-version

Q1, 2013 Free testing our technology on 2-3k users

Q4, 2013 50k users – (actively selling

licenses)

Page 7: RealSpeaker en  full version

We invested into the RealSpeaker project over > $ 50k

P/L 1 year, k.$

2 year, k.$

3 year, k.$

Expenses -25o -3000 -7000

- Wages of employers -150 -1500 -3000

- Equipment -60 -1000 -2000

- Org. expenses -40 -500 -2000

Revenue +150 +8000 +50000

Income - 100 +5000 +43000

Sales (software) 1k 55k 350k

Financial plan

www.realspeaker.net

Page 8: RealSpeaker en  full version

Market*

www.realspeaker.net

Served market~ $ 613 m (2010)

Served market ~ $ 933 m (2013 – est.)

Total available market~ $ 4 bn (2010)

Total available market> $ 7 bn (2012 – est.)

(according to TechNavio, 2010)

Our technology is needed for:•Google Voice Search•Nuance Communications•Microsoft Speech Recognition•others

Page 9: RealSpeaker en  full version

The technology is widely applicable:• navigation;• on-line banking;• automotive;• mobile devices.

Perspectives

www.realspeaker.net

Broad licensing potential!

Page 10: RealSpeaker en  full version

Team

www.realspeaker.net

• RealSpeaker Lab LTD. • Resident of Skolkovo (Russian prototype Silicon

Valley)

Viktor Osetrov

CEO, Founder,Russian scientific grantee “UMNIK”,“NAIRIT”, grantee

LG

AlexeyStepin

CTO, bachelor and master of

engineering and technology,

NeuroSolutions

ViktorPashkovEngineer,

PHD, Research Center Samsung

Electronics, ROSNANO

AlexeyGoltsovEngineer,

Academic degree: Associate Professor,

Leading member CRISP

Page 11: RealSpeaker en  full version

• Performance improvements >40%

• Business model: technology licensing

• Seeking additional funding of $250k for product launch and market development

Summary

www.realspeaker.net

Our alpha-version

• RealSpeaker –visual extension to audio speech recognition programs

Page 12: RealSpeaker en  full version

• Kazan city, IT-Park, RealSpeaker Lab LTD.• Web-site: www.realspeaker.net • Email: [email protected] • Tel.: + 7 927 87 333 21• Links:

@RealSpeaker http://www.youtube.com/RealSpeakerTV

Thank you very much!

Contacts