IBM Watson Speech to Text supports conversion of audio and voice recordings to text in applications.
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memoQ
Score 8.1 out of 10
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memoQ is a translation technology from the company of the same name headquartered in Budapest, boasting an emphasis on quality, innovation and customer satisfaction.
It's best for real time transcription and when the meeting is between the two speakers. Word recognition is accurate. Also it's available for various platforms, like cloud, apps, on-premise, API support. Price wise it's much better than other competitors. However, there can be still improvement in filtering noise and improving word accuracy. Language support can be increased further
I believe memoQ is the best CAT tool of all the ones I have tested. As a PM, it has a lot of file filters that are highly customizable. You can even use cascading filters to add extra filter settings to the default file filter. Also, the use of REGEX is almost available everywhere in memoQ. You can use regex for filenames, regex for tagging items in files, regex when importing items, regex when exporting translations, regex for QA checking, regex for filtering, etc. They also added a regex library so you can save your favorite regex and easily reuse them. From a translator's point of view, the LiveDocs functionality is something that no other CAT tool has (to my knowledge). With LiveDocs you can just add any type of document, and if it has selectable text, memoQ will search this text as if it were a TM while translating. Even for non-bilingual documents, this is really helpful as you can sometimes need to reference other materials while translating.
It provides more flexible plans as compared to others. These plans are affordable for Small and medium-scale enterprises. They also offer free trial. IBM Watson has wider integration support with the help of API. It has very low latency in real time transcription. Also there is a formatting feature to Transcribe dates, times, currency etc as per the desired format
We are using memoQ for only certain projects and it’s not our main tool. It’s relatively slow and sometimes it can get too complicated. It does the job in the end but we prefer Memsource because of its easy-to-use interface as time is very important for us as project managers.
