BBN survey of corporate travel buyers finds strong consumer demand for speech recognition-based services; Travel industry executives cite improved service, cost savings.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Oct. 11, 1995--A newly completed travel industry survey conducted by Market Pespectives found strong consumer demand for speech recognition technology to access information and services over the telephone. Market Perspectives, a consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a located in Natick, Mass., conducted the survey for BBN (BBN Technologies, Cambridge, MA, www.bbn.com) A consulting firm that participated in the development of some of the most extensive networks in the world, including ARPANET, which evolved into the Internet. It was founded in 1948 as a consulting service in acoustics by Dr. Hark hark intr.v. harked, hark·ing, harks To listen attentively. Idiom: hark back To return to a previous point, as in a narrative. Systems Corporation at the National Business Travel Association Conference in July. BBN Hark is the speech recognition subsidiary of BBN (Bolt Beranek and Newman Inc.). In the survey, 87 percent of respondents who saw speech recognition-based travel information systems said they would prefer to interact with speech recognition applications over the telephone instead of talking with a person for many routine business requests. Forty-eight percent of survey respondents said they would often or always prefer using automated speech recognition systems rather than speak with an agent. Respondents showed a significant preference for using speech recognition over touch-tone menus or waiting on hold to speak with an agent. Industry suppliers who were surveyed viewed speech recognition as a positive method for meeting the critical demands of giving customers instant, flexible access to information while controlling operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . Those interviewed said that consumers expect an immediate answer to telephone inquiries, and cited the need for 24-hour staffing and skills-based call routing A call center feature that switches the call to the agent most capable of helping the caller at that moment. The caller is identified by Caller ID or voice response and matched against a caller database. within call centers to handle this demand, which can be addressed using the "virtual call center concept pioneered by BBN Hark for a project with AT&T. Virtual call centers are networked, interactive, 24-hour-a-day services. Julie Donahue, chief executive officer of BBN Hark, said, "This survey proves that people like you and me -- who travel for business and pleasure -- are ready to see travel industry suppliers provide them with speech recognition-based access to services to help them complete travel transactions quickly and accurately. As a consumer, speech recognition technology allows me to access information and services directly any time of day or night, without waiting, using natural, comfortable language." "I believe that both business and leisure travelers will openly embrace the ability to access automated travel information and services over the telephone using speech recognition," said Bob Langsfeld, analyst with Langsfeld Fazio & Associates. "For travelers, speech recognition technology will help enhance the travel reservation process making it less confusing and more enjoyable." Headquartered in Cambridge, Massachusetts This article is about the city of Cambridge in Massachusetts. For the English university town, see Cambridge, England. For other places, see Cambridge (disambiguation). Cambridge, Massachusetts is a city in the Greater Boston area of Massachusetts, United States. , BBN Hark Systems Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of BBN (NYSE NYSE See: New York Stock Exchange :BBN), is the leading provider of commercial-grade speech recognition software products for call center applications. Working with its partners and resellers in the telephony market, BBN Hark combines more than 20 years of speech recognition research, quality software products, and total customer commitment to provide customer services solutions for today's call center. BBN Hark also offers customized consulting services including installation and system integration; application development and performance tuning and industry-leading support. BBN posted revenues of $215 million for its fiscal year ended June 30, 1995. -0- BBN is a member of Dialogic Corporation's Signal Computing System Architecture(TM) (SCSA (Signal Computing System Architecture) An open architecture for transmitting voice and video signals. Its backbone is the SCbus, a 131 Mbps data path that provides up to 2,048 time slots, the equivalent of 1,024 two-way voice conversations at 64 Kbps. ) Automated Speech Recognition Working Group, and Microsoft Corporation's Speech API (SAPI (Speech API) A programming interface from Microsoft for speech recognition and synthesis. It provides a way for developers to enable their applications to receive text from and send text to voice devices. 1. ) Committee. BBN Hark is a trademark of BBN. All other company names and products are trademarks or registered trademarks of their respective companies. CONTACT: Barbara Marx or Brenda Nashawaty BBN Hark Systems Corp. Lois Paul & Partners (617) 873-4679 (617) 862-4514 Internet: Internet: bmarx@bbn.com Brenda_Nashawaty@lpp.com |
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