![]() ![]() ![]() Through the deal, Microsoft said it plans to bolster Microsoft Cloud for Healthcare with voice recognition technologies from Nuance and expand the use of voice in the electronic healthcare records (EHR) market.Īs Nuance voice recognition software is integrated with Microsoft’s enterprise software, the company also sees an opportunity to increase the market for Azure AI and its other cloud offerings.Īccording to a recent forecast from Statistica, the global voice recognition market is forecast to grow from $10.7bn in 2019 to $27.16bn by 2025, a compound annual growth rate of 16.8%. Microsoft’s acquisition of Nuance builds on the partnership formed by the companies in 2019.
0 Comments
Leave a Reply. |