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Loquendo Receives Award from Frost & Sullivan
By Stefania Viscusi, Assignment Desk Editor
"With over 30 years of experience in speech and core expertise in this sector, Loquendo has managed to introduce many innovative ASR and TTS solutions, which have enabled the company to gain a market leading position amongst ASR and TTS suppliers in the PND market. The key to Loquendo's success in the European market has been its ability to scale down the speech engines used for telephony applications in the embedded space and also add innovations like phonetic mapping and emotional synthetic speech. This has enabled it to grow into both the PND and car navigation markets," Frost & Sullivan Research Analyst N. Praveen Chandrasekar, Industry Manager, Telematics and Infotainment, Automotive & Transportation, EU said.
"We are very pleased to receive this award," said Davide Franco (News - Alert), Loquendo CEO. "It is a clear signal that Loquendo's strategy to port its technologies to new markets has been a great success, and a confirmation that the excellence and innovation of our products has been recognized worldwide."