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April 02, 2008

Loquendo Receives 2008 Frost & Sullivan European Telematics and Infotainment Emerging Company of the Year Award

By Anshu Shrivastava, TMCnet Contributor

Turin, Italy-based Loquendo, has received the 2008 Frost & Sullivan (News - Alert) European Telematics and Infotainment Emerging Company of the Year Award.
Along with being a supplier of automatic speech recognition (ASR) and text to speech (TTS) solutions to the telephony market, Loquendo (News - Alert) has also emerged as a major participant in the car navigation and portable navigation devices (PND) market in Europe.
The company’s patented phonetic mapping technology enables voices to speak in any foreign language. The company's other technical breakthroughs include development of pre-recorded sounds with TTS, adding emotions in TTS, multi-language capability. and designing the Speech Assessment Methods Phonetic Alphabet (SAMPA) compatibility module.
Praveen Chandrasekar, industry manager at Frost & Sullivan, noted that with over 30 years of experience in voice and core expertise in this sector, Loquendo has introduced several 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.
He believes that the key to Loquendo’s success in the European market has been its ability to “scale down the speech engine used for telephony applications in the embedded space and also add innovations such as phonetic mapping and emotions to its synthetic voices.”
Chandrasekar explained that the TTS module, which can read the normal SAMPA and both the Teleatlas and NAVTEQ (News - Alert) SAMPA, will enable the company to increase the quality of the speech rendered when reading addresses, sign posts and points of interest, in multiple languages, leveraging on its phonetic mapping patent and multi-language capabilities.
The Frost & Sullivan Award for Emerging Company of the Year is presented each year to the company that has emerged as a significant participant within its industry. According to Chandrasekar, this company is perceived to have exhibited outstanding management, superior market growth, exceptional customer service and the ability to combine technology and successful strategic initiatives.

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