Our objective is to provide a simple and highly affordable video live transcription service
Live Transcription (Beta) is a new feature on the Videospace, wherein you can enhance the streams delivered to your viewers with machine-generated text that is transcribed from spoken words in the audio feed.
Hasn't this been done before? The answer would be yes. You have probably experienced some form of live transcribing before on TV or on video conferencing platforms. However, doing this for a live event on a live-stream with captions within a video player is a totally different matter.
Providing live captions has the following benefits:
Improves Accessibility - For the hearing-impaired. Making your event more inclusive.
Increases Engagement - provides better comprehension of what is said
Improves Comprehension - longer view times and more interaction with your brand
Even those who can deliver Live Transcription is limited a handful of broadcasters with specialized equipment. If budget is not a problem, one can even get a team of human transcribers to provide live captions. However, this also means it’s expensive and not exactly scalable. That’s the reason why we don’t see live transcription much at all on broadcast or live-streaming.
Just ask anyone in broadcast, they would appreciate the difficulties in delivering a service like this. Getting the live transcription is one thing, but getting the live caption in sync with the video and audio feed is a totally another thing.
We are now able to deliver automated Live Transcription at a fraction of current cost!