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It’s Media Day At SpinVox

We weren’t invited to SpinVox’s technology demo on Tuesday morning, but we didn’t take offence; honest. The reception sounded like an effort to woo mostly bloggers, complete with pastries and minibuses, to get them to think positive thoughts about the company. Did it work? Here’s what happened at the gathering, care of Guardian.co.uk’s Kevin Anderson.

Embattled voice-to-text provider SpinVox demonstrated its technology to counter claims that its reliance on call centres was hampering its ability to grow. SpinVox’s chief information officer, Rob Wheatley, led journalists through a detailed explanation of the technology not only behind the voice recognition but also an application called Tenzing that speeds the transcription by operators at call centres. Company representatives declined to say what percentage of calls were sent to human operators.

Wheatley said that the percentage varied widely based on the carrier and also how much data was contained in the automatic speech recognition and natural language processing databases. However, he did say that in some instances, 100% of calls needed human intervention, although the figure was expected to decrease over time as the system gathered more data from the carrier.

Journalists were shown the call-processing queue and also an employee using the Tenzing application after the system determined that it lacked confidence in the quality of the automatic processing.

The question isn’t whether Spinvox uses call centres to aid the transcription process but whether the system is sophisticated enough to limit the human intervention to as little as possible in its new markets. That is critical to meeting its growth targets of five-fold revenue growth, which Spinvox’s chief executive, Christina Domecq, said were key to the company being “cash positive” by the fourth quarter of this year.

Investors have extended it £15m in emergency funding. In predicting that the company would be making money by the fourth quarter of this year, she said that the company had included several contigencies. The company is currently involved in legal action with former suppliers over payment issues stemming from what Domecq said were quality-of-service issues. There are no legal disputes with current suppliers, and it is continuing to pay its bills.

Domecq told paidContent:UK (part of the ContentNext Media network, which is owned, like the guardian.co.uk, by Guardian Media Group) the company would scale from a capacity of 30 million up to 100 million users “within 90 days”. Domecq said Spinvox’s competitive advantage was its speed to market, and described its growth strategy as a “land grab” and establishing itself aggressively in new markets.

The demonstration showed that under ideal conditions the automated transcription system could turn around a message in about four seconds, but without clear numbers about the percentage of calls needing human transcription, it is almost impossible to gauge whether the company can scale to meet its aggressive targets.

Aug 4, 2009 6:04 PM ET

Spinvox mobster Photo: masochismtango

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Posted In: Mobile, Technologies / Formats, Countries, Europe

  • Jeff

    This whole "land-grab" strategy that spinvox speaks of is really not applicable anymore. So they're saying whoever grabs the carriers now will win the game? Maybe 5 - 10 years ago when business moved at a slower pace and technologies were not so open. Now if someone wants to take a carrier away from Spinvox, they just whip together some fancy api and have the carrier switch the service address they use. Easy peasy Japanesy

  • Connor

    Dear Jack,

    WELL SAID!  I agree 100%.  Personally, I am delighted that Domecq is being called on the carpet over the way she spends other people's money.  And how easily she makes "other people's money" her own.

    It is such a great trick, we all should be doing it.

    Seriously, Jack, you and I seem to be on the same exact page on this matter and I would love to corespond with you privately.  Write me at clsweetman at yahoo.com.

    I would love to chat about this matter in private.

  • thetimessays

    Spinvox in probe over finances

    http://business.timesonline.co.uk/tol/business/industry_sectors/telecoms/article6788633.ece

  • JACK

    Alright folks…hard not to post at least one more time regarding the disclosure of Ms. Domecq's annual salary…over $850,000!!!!  Are you kidding me? 

    Mr. Andrews…

    How about a quick analysis regarding how this compares to the salaries of other VC-backed, tech (or not so much tech) start ups in both the UK and US….love to see where the media savvy, tremendously talented and experienced 31 year old, Christina Domecq compares to other tech savants! 

    Also it would be great to know what Mssr, Doulton pulls in annually….I am sure it is on the upside of $500,000.

    Additional questions:

    1) What is the value of their "other" benefits…cars, staff (i.e. drivers, trainers, chefs, etc…), vacations/excursions, et al.

    2) Who makes up the "compensation committee"?  Obviously the CFO contribution is absent but who are the narcoleptic board members signing off on this thievery?

    3) Has there ever been an independent audit of the Spinvox financials to ensure compliancy…at least with tax reporting laws at a bare minimum?

    This is a WORLD CLASS fleecing of investors (who have only themselves to blame), employees, vendors, probably the tax authorities and at some point customers…DO NOT let up on this sham…save what value this company may have in the market by continuing to ask these very valid questions.

    If there is an overwhelming stench of something rotten…don't plug your nose and walk on by…find the source and THROW IT OUT!!!

  • Observer

    I love the fact the CEO made a cameo appearance, failed to answer any questions of substance and then disappears.

    Still if I was paid over £500K by my own company, I doubt I would be able to answer any questions either.  Except maybe what kind of Cherry I would like while I decide which £100K+ car I shouldn't drive to the office because I pay someone else to do that menial chore.

    Sounding more like a pump and dump every day.

  • JACK

    Meaningless dog & pony show…

    Let's ride the sham out…Spinvox will "yard sale" for pennies on the dollar in the next 9 to 12 months…another£15m flushed…glad it's not my money ;-)

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