Microsoft Buys Into AI Speech Recognition

Microsoft is on an aggressive growth path and has agreed terms to buy Nuance Communications, an AI speech recognition company, for $19.7 billion, subject to regulators approval and Nuance's shareholders. 

The aim is to improve Microsoft’s cloud healthcare business and to expand Microsoft’s potential. "Nuance provides the AI layer at the healthcare point of delivery and is a pioneer in the real-world application of enterprise AI," said Microsoft CEO Satya Nadella.

Based near Boston, Nuance is prominent in the type of voice recognition technology that is currently being used by more than 55 per cent of physicians and 75 per cent radiologists in the US. "Together, with our partner ecosystem, we will put advanced AI solutions into the hands of professionals everywhere to drive better decision-making and create more meaningful connections, as we accelerate growth of Microsoft Cloud for Healthcare and Nuance."

Nuance's conversational AI tools are well-versed in specialised medical terms and can capture and document every word of a physician during their encounter with patients.

More than 77 per cent of the hospitals in the US use Nuance products including the Dragon Ambient eXperience, Dragon Medical One, and PowerScribe One. They all are SaaS offerings built on Microsoft Azure. Nuance's Dragon software, which uses deep learning to transcribe speech, can adapt to a particular user's voice to improve accuracy.

Microsoft is aiming to beat its competitors like Google and Amazon in the race to establish a strong position in AI  and the Nuance acquisition will be Microsoft's second largest under Nadella. In 2014, Microsoft acquired the Mojang AB, the owner of the Minecraft videogame, within months of Nadella becoming the chief of the company while two years later, the company spent $26.2 billion (£18.8 billion) to acquire professional network Linkedin Corp.   

Microsoft:      CBS:        Axios:     Computing:    

You Might Also Read: 

The Coronavirus Is Increasing Investments In AI:

 

« New Tool To Detect Microsoft 365 Compromises
US Sanctions Russia In Retaliation For Cyber Attacks »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

MIRACL

MIRACL

MIRACL provides the world’s only single step Multi-Factor Authentication (MFA) which can replace passwords on 100% of mobiles, desktops or even Smart TVs.

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

ZenGRC

ZenGRC

ZenGRC - the first, easy-to-use, enterprise-grade information security solution for compliance and risk management - offers businesses efficient control tracking, testing, and enforcement.

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

CYRIN

CYRIN

CYRIN® Cyber Range. Real Tools, Real Attacks, Real Scenarios. See why leading educational institutions and companies in the U.S. have begun to adopt the CYRIN® system.

Acuity Risk Management

Acuity Risk Management

Acuity Risk Management helps businesses worldwide effectively manage, prioritize and report on their risks to inform strategic and tactical decision-making and build long-term resilience.

InfoSec World

InfoSec World

InfoSec World conference and expo covers all aspects of information security with a broad agenda of sessions on key security issues.

Secure Technology Alliance

Secure Technology Alliance

Secure Technology Alliance is a multi-industry association working to stimulate the adoption and widespread application of secure solutions.

Skkynet Cloud Systems

Skkynet Cloud Systems

Skkynet is a leader in real-time data systems for the secure management and control of industrial processes (SCADA) and embedded devices (M2M).

Auth0

Auth0

Auth0 is a cloud service that provides a set of unified APIs and tools that instantly enables single sign-on and user management for any application, API or IoT device.

2Keys

2Keys

2Keys designs, deploys and operates Digital Identity Platforms and Cyber Security Platforms through Managed Service and Professional Service engagements.

DarkLight

DarkLight

DarkLight is a cybersecurity platform that mimics human thinking at scale to build resiliency to Advanced Persistent Threats.

Upfort

Upfort

Upfort (formerly Paladin Cyber) unifies award-winning security and robust cyber insurance to deliver comprehensive cyber risk solutions.

BoldCloud

BoldCloud

BoldCloud's award winning Cybersecurity Advisory services and Layered Security approach adds new critical layers of protection for your data and your business.

SecSign Technologies

SecSign Technologies

SecSign Technologies delivers user authentication, messaging, file sharing, and file storage with next generation security for company networks, websites, platforms, and devices.

Research Institute in Secure Hardware and Embedded Systems (RISE)

Research Institute in Secure Hardware and Embedded Systems (RISE)

The UK Research Institute in Secure Hardware and Embedded Systems (RISE) seeks to identify and address key issues that underpin our understanding of Hardware Security.

StarLink

StarLink

StarLink is an acclaimed Value-Added Distributor across the Middle East, Turkey and Africa regions with on-the-ground presence in 20 countries including UK and USA.

Guardsman Cyber Intelligence (GCI)

Guardsman Cyber Intelligence (GCI)

GCI provides proven cyber intelligence solutions to protect your business against ever present physical and digital threats shadowing your online business.

Alpha Echo

Alpha Echo

Specialising in security advice and enterprise-wide Cyberworthiness, Alpha Echo helps Australia deliver on cyber outcomes at a military grade level.

SOCRadar

SOCRadar

SOCRadar is an Extended Threat Intelligence (XTI) SaaS platform that combines External Attack Surface Management (EASM), Digital Risk Protection Services (DRPS), and Cyber Threat Intelligence (CTI).

CloudBees

CloudBees

CloudBees is building the world’s first end-to-end automated software delivery system, enabling companies to balance governance and developer freedom.