Automatic Speech Recognition (ASR) is a branch of Artificial Intelligence (A.I.) that is concerned with converting audio data into text. This paper looks at the technology, describes how it works and identifies some applications of the technology. It closes with questions that you should be aware of when assessing the technology.
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Procurement leaders and their teams are under increasing pressure to cope with a greater diversity of suppliers, products, and data. This is in parallel with being asked to become ‘digital-first’ and offer strategic insights to the business. Needless to say, this is a challenging ask, especially when companies are looking to manage costs across every element of the organisation.