Nuance Communications – Giving Voice to Technology
Nuance Communications is a voice recognition and natural language processing technology company. Founded in 1992, the company is headquartered in Burlington, Massachusetts. Nuance provides capabilities for natural language understanding, dialog and information management, biometric speaker authentication, text-to-speech, and optical character recognition (OCR). It operates through four industry segments - Healthcare, Mobile, Enterprise and Imaging.
Speech recognition has evolved from mere understanding of words to semantic parsing of conversations and contextual response to dialogs. Nuance recently acquired Voicebox Technologies to expand its voice assistant capabilities. Voicebox is known for its VoiceAI platform that delivers a multi-person, cross-device experience. The platform is used with IoT devices and connected cars.
Nuance, the tech force behind Apple Siri, is a leader in speech recognition, despite large players being present in the sector. A combination of homegrown R&D and acquisitions has resulted in a strong portfolio of voice technology patents. This report analyzes the patent assets held by Nuance Communications and provides insights into various aspects of the overall portfolio.