Over the years, companies have searched for many solutions that would help them keep up with emerging technology. During that time, there have been many software packages developed specifically for corporations that deal with a high volume of customers over a short period of time. That is one reason why speech recognition is now being used in a variety of settings to help customers obtain answers to questions, pay bills, and conduct numerous other business-related tasks that traditionally required a live person.
While speech recognition still has a long way to go before it is even close to being perfected, it has been improved upon immensely over the past several years, and is now a very effective means for many types of business transactions, especially where customers are concerned. Because it is still quite volatile in nature, speech recognition technology is most commonly used in situations where only a few pieces of information are necessary, i.e. one’s name, phone number, and account number. Still, it has helped to expedite business quickly, and guide customers to the right live person for further assistance.
Another area where speech recognition...