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RealSpeaker - Audio-visual enhancement to speech recognition systems
PROBLEM
Inability to Suppress Ambient
Noise (audio is not reliable
source of information)
High Cost of Voice Recognition
Applications (Nuance licenses
average costs from $100 to
$1000)
Issues with Accuracy (paintfull to
use)
Low Level of Security Speaker
Verification
Users must speak in unnatural
fashion using fragmented
speech (the problem with
usability)
EXISTING ALTERNATIVES
Keyboard typing
DragonDictation for PC or Mac
(very expensive costs)
Google Speech recognition
(only for short voice commands)
Windows speech recognition
(the problem with accuracy)
Siri voice assistent on iOS (only
for short voice commands)
SOLUTION
RealSpeaker uses additional
video information, which allows
to improve voice recognition
accuracy by at least 20-30 per
cent
More safety because
RealSpeaker have function of
audio-video verification
speaker's speech from the
overall speech flow
RealSpeaker cheaper than
Nuance. Licences costs from $5
to $35
RealSpeaker have functions of
voice editing and sending -
more usability than Nuance
UNIQUE VALUE
PROPOSITION
The average typing speed is 33
words a minute. By the means of
RealSpeaker can record over
100 words a minute
Multilanguage
Enter text of any length with the
voice and video without
keyboard at any text editor or
website (Notes, Facebook,
Skype, Evernote, E-mail,
Microsoft Office etc.)
We have paid users, working
prototype and good traction
HIGH-LEVEL CONCEPT
RealSpeaker - audio-visual
enhancement to speech
recognition systems
OpenCV - video processing
library originally developed by
Intel
GoogleGlass SDK - video
processing library
We can integrate at any speech
recognition SDK: Google API,
Nuance SDK, Yandex Speech
Kit
UNFAIR ADVANTAGE
US Patent 13/942,689: “System
of video enhancement for audio
speech recognition solutions to
improve the accuracy of audio
speech recognition due to the
analysis of speaker lip
movements”
Our team is supported by such
organizations and institutes as
Microsoft Seed Fund, Skolkovo,
Startobaza, Kazan IT-Park,
StartupSauna (Finland)
Our technology can be integrate
at any electronic devices
We are from Russia - cheap
place with good professionals
CUSTOMER SEGMENTS
Adults group: disablity people
Professional segment: SEO,
journalists, writers, bloggers,
students, teachers, coachers,
mentors, research specialists,
focus groups
Active segment: businessmen,
teenagers, geeks
Our technology necessary for
mobile devices, smart things,
speech recognition, voice
navigation in the car, online
banking and others
EARLY ADOPTERS
Bloggers, journalists, robotic
geeks, journalists - our first
customers
We have released beta version
of our product for Windows OS,
which is currently in use by
about 250k downloads, out of
which 2k users are paid users
KEY METRICS
Funding: - Current Burn Rate -
$1M - Seeds Round: $0,5M in
2012-2013 o $0,3M – in 2012 o
$0,2M – in 2013 - Seeking 1st
Round: $1,0M
CHANNELS
Viral channel
Social services: YouTube,
Facebook or others
Free Torrents (Trial version of
RealSpeaker)
Software Vendors (MailRu
Group , Digital River, SoftLine
and others)
COST STRUCTURE
Cost per license in time: $5 for 1 month, $10 for 3 months, $15 for 6 months, 20$ for 9
months, 25$ for 12 months, $35 unlimited version Integration at any service - royalty
from sales
REVENUE STREAMS
Revenue: - 2012: $0,025M - 2013: $0,1M - 2014: $0,5M - 2015: $15M - 2016: $100M
B2C segment
Business Model: Try & Buy Free version – can recognize speech to text for 3 days; 1 %
conversion.
B2B We have NDA with Samsung, LG, Toyota, Itouchu.
Lean Canvas is adapted from The Business Model Canvas (BusinessModelGeneration.com) and is licensed under the Creative Commons Attribution-Share Alike 3.0 Un-ported License.

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Business Model Canvas RealSpeaker

  • 1. RealSpeaker - Audio-visual enhancement to speech recognition systems PROBLEM Inability to Suppress Ambient Noise (audio is not reliable source of information) High Cost of Voice Recognition Applications (Nuance licenses average costs from $100 to $1000) Issues with Accuracy (paintfull to use) Low Level of Security Speaker Verification Users must speak in unnatural fashion using fragmented speech (the problem with usability) EXISTING ALTERNATIVES Keyboard typing DragonDictation for PC or Mac (very expensive costs) Google Speech recognition (only for short voice commands) Windows speech recognition (the problem with accuracy) Siri voice assistent on iOS (only for short voice commands) SOLUTION RealSpeaker uses additional video information, which allows to improve voice recognition accuracy by at least 20-30 per cent More safety because RealSpeaker have function of audio-video verification speaker's speech from the overall speech flow RealSpeaker cheaper than Nuance. Licences costs from $5 to $35 RealSpeaker have functions of voice editing and sending - more usability than Nuance UNIQUE VALUE PROPOSITION The average typing speed is 33 words a minute. By the means of RealSpeaker can record over 100 words a minute Multilanguage Enter text of any length with the voice and video without keyboard at any text editor or website (Notes, Facebook, Skype, Evernote, E-mail, Microsoft Office etc.) We have paid users, working prototype and good traction HIGH-LEVEL CONCEPT RealSpeaker - audio-visual enhancement to speech recognition systems OpenCV - video processing library originally developed by Intel GoogleGlass SDK - video processing library We can integrate at any speech recognition SDK: Google API, Nuance SDK, Yandex Speech Kit UNFAIR ADVANTAGE US Patent 13/942,689: “System of video enhancement for audio speech recognition solutions to improve the accuracy of audio speech recognition due to the analysis of speaker lip movements” Our team is supported by such organizations and institutes as Microsoft Seed Fund, Skolkovo, Startobaza, Kazan IT-Park, StartupSauna (Finland) Our technology can be integrate at any electronic devices We are from Russia - cheap place with good professionals CUSTOMER SEGMENTS Adults group: disablity people Professional segment: SEO, journalists, writers, bloggers, students, teachers, coachers, mentors, research specialists, focus groups Active segment: businessmen, teenagers, geeks Our technology necessary for mobile devices, smart things, speech recognition, voice navigation in the car, online banking and others EARLY ADOPTERS Bloggers, journalists, robotic geeks, journalists - our first customers We have released beta version of our product for Windows OS, which is currently in use by about 250k downloads, out of which 2k users are paid users KEY METRICS Funding: - Current Burn Rate - $1M - Seeds Round: $0,5M in 2012-2013 o $0,3M – in 2012 o $0,2M – in 2013 - Seeking 1st Round: $1,0M CHANNELS Viral channel Social services: YouTube, Facebook or others Free Torrents (Trial version of RealSpeaker) Software Vendors (MailRu Group , Digital River, SoftLine and others) COST STRUCTURE Cost per license in time: $5 for 1 month, $10 for 3 months, $15 for 6 months, 20$ for 9 months, 25$ for 12 months, $35 unlimited version Integration at any service - royalty from sales REVENUE STREAMS Revenue: - 2012: $0,025M - 2013: $0,1M - 2014: $0,5M - 2015: $15M - 2016: $100M B2C segment Business Model: Try & Buy Free version – can recognize speech to text for 3 days; 1 % conversion. B2B We have NDA with Samsung, LG, Toyota, Itouchu.
  • 2. Lean Canvas is adapted from The Business Model Canvas (BusinessModelGeneration.com) and is licensed under the Creative Commons Attribution-Share Alike 3.0 Un-ported License.