TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Speechmatics

    N/AN/ASpeechmatics powers applications that require mission-critical, accurate speech recognition using its any-context speech recognition engine, and is developed by the company of the same name headquartered in Cambridge England. Speechmatics’ speech recognition technology is used by enterprises in scenarios such as contact centers, CRM, consumer electronics, security, media & entertainment and software. The vendor states Speechmatics processes millions of hours of transcription worldwide every…

    $0.80

    per hour

    Verint Speech and Text Analytics

    Score8.4 out of 10
    N/AVerint Speech Analytics is a tool used to transcribe and analyze millions of calls to discover customer insights and improve contact center performance in the cloud.N/A
    Pricing
    SpeechmaticsVerint Speech and Text Analytics
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    SpeechmaticsVerint Speech and Text Analytics
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    SpeechmaticsVerint Speech and Text Analytics
    Considered Both Products
    Speechmatics
    No answer on this topic
    Verint
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    97%
    Would buy again
    90 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    66 Answers
    Happy with the feature set
    No answers on this topic
    92%
    Happy with the feature set
    86 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    98%
    Lived up to sales and marketing promises
    47 Answers
    Implementation went as expected
    No answers on this topic
    81%
    Implementation went as expected
    56 Answers
    Best Alternatives
    SpeechmaticsVerint Speech and Text Analytics
    Small Businesses
    No answers on this topic
    Dragon Speech Recognition
    Score7.8 out of 10
    Medium-sized Companies
    No answers on this topic
    No answers on this topic
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    SpeechmaticsVerint Speech and Text Analytics
    Likelihood to Recommend
    -
    (0 ratings)
    8.3
    (93 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.3
    (4 ratings)
    Usability
    -
    (0 ratings)
    7.8
    (74 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (1 ratings)
    Performance
    -
    (0 ratings)
    3.0
    (1 ratings)
    Product Scalability
    -
    (0 ratings)
    5.0
    (1 ratings)
    User Testimonials
    SpeechmaticsVerint Speech and Text Analytics
    Likelihood to Recommend
    Speechmatics
    No answers on this topic
    Verint
    In my experience, a lot of the times Verint Speech and Text Analytics is going to be the cheapest solution and this would be a good reason for a Business that does NOT currently have any solution whatsoever to get in at the cheaper price point. I think Verint does things well for a company that has not been in another solution that does it better. And Verint Speech and Text Analytics has a lot of areas that it can help business with that have not been in a different solution
    Incentivized
    Read full review
    Pros
    Speechmatics
    No answers on this topic
    Verint
    • One of the things that I find extremely beneficial about Verint Speech Analytics is the transcription. Sometimes you have an hour call, an hour and a half call, and you don't have time to listen to an hour and a half call. The beauty is that we can find the transcription and then we can look in it. It specifies where if you look in the interaction details in the back of the call, you can actually see the transcription. You can see it'll identify where in the call, what line at what timestamp did that call hit your category and with what string, with what term did it hit. And that is extremely beneficial. And we're trying to go through and find those little points of, sometimes they're points of abrasion, sometimes there are things that are going really well. I love that we have a transcription. I love that we can also see the screens that is vital because a lot of times, and again, not that we're trying to find something bad, but the reality is in any industry, there's in any call center environment, should I say, there's call avoidance. There's always going to be some agents, it's just in any call center, in any industry, it happens.
    • Or sometimes our agents are just struggling. And if you see in real life, for example, a very high silence time, when we notice a trend, we'll start going into those calls and actually looking at those screens and seeing, is silence time call avoidance or could it be the agents are having difficulty utilizing the resources? Are the resources not clear? Is that what the delay is? Are they having trouble trying to find the answer? And a lot of times we found that too. We found they're searching and clicking and searching and clicking and it's because they just didn't know where to go. So that is a coaching opportunity. And sometimes it's a coaching opportunity, not so much in a positive way because they're purchasing things from Amazon. But I think, like I said, that's inherent in any call center environment. I do find the screens, the transcription, the trend analysis that's available within speech, there are so many things I could literally sit here and talk to you for quite some time.
    • We love it. And I'm even more excited personally now because I learned so much, as I was saying, about being in the cloud and being in that open-source environment where all of these enhancements that Verint has. And they're so often that they enhance their products and their offering now these little bots and AI to help with all of these different aspects, but that's only available if you're in the cloud and the open source. So there's a lot of benefit in being in prem, in net platform, which is where we are. And we were able to provide a lot of meaningful insight and guidance into a lot of different pain points in the company. But I anticipate, and I have full confidence, that we'd be a much more effective team once we're able to move into the cloud. So I'm very hopeful for that. I'm anticipating what else we could discover.
    Incentivized
    Read full review
    Cons
    Speechmatics
    No answers on this topic
    Verint
    • Automated scrubbing of PCI and PII data from transcription transcripts and recordings. Using AI to detect the payment screens in a real time manner vs having to program triggers.
    • Easier way to bulk export transcriptions and recordings for our legal teams.
    Incentivized
    Read full review
    Likelihood to Renew
    Speechmatics
    No answers on this topic
    Verint
    So excited for all the new bot functionality that is to come with Verint Interaction Analytics. AI is the future and Verint is leading the way!
    Incentivized
    Read full review
    Usability
    Speechmatics
    No answers on this topic
    Verint
    Easy to use, the language model can be custom-tuned to your company's specific lingo and terms. It also has great front-end reporting and ease of back-end custom reports and integrations to the rest of the Verint ecosystem. This is a one-stop shop for great insights and a stepping stone to much more.
    Incentivized
    Read full review
    Reliability and Availability
    Speechmatics
    No answers on this topic
    Verint
    There are few unplanned outages within the platform
    Incentivized
    Read full review
    Performance
    Speechmatics
    No answers on this topic
    Verint
    There is often latency within the Speech Analytics module.
    Incentivized
    Read full review
    Alternatives Considered
    Speechmatics
    No answers on this topic
    Verint
    We did not have anything like this before but we did go through a long review and found out no other company had everything we needed. With our security and technology department we did decide that this was the best product for our business. Have all great thing to say and would recommend this to everyone
    Incentivized
    Read full review
    Scalability
    Speechmatics
    No answers on this topic
    Verint
    The system is relatively reliable with minimal downtime. However, when there is an issue, it is often addressed slowly and causes significant business issues
    Incentivized
    Read full review
    Return on Investment
    Speechmatics
    No answers on this topic
    Verint
    • We are still developing ROI; we have a lot of data, but it's hard to get insights from the data at times. Adoption is something we are working on evaluating.
    • We have alerts that have saved us $ on benefit quoting errors.
    Incentivized
    Read full review
    ScreenShots