Loom Analytics Announces Partnership with TranscribeAnywhere to Empower Future Transcriptionists with Advanced AI Technology
Published: October 18, 2024
By: Loom Analytics
Loom Analytics, a pioneer in AI-powered transcription and automation solutions, is excited to announce a strategic partnership with Transcribe Anywhere, a leader in transcription education. This collaboration aims to equip the next generation of transcriptionists with cutting-edge tools that enhance their skills and prepare them for the evolving demands of the industry.
The transcription world is undergoing a transformative period due to the rapid acceleration of automation. At Loom Analytics, we view this shift not as a threat but as an opportunity for growth and advancement. According to industry forecasts, the demand for transcription services is projected to increase by 6% per year, underscoring the need for well-trained transcriptionists who can effectively leverage transcript automation technology.
Meeting Industry Demands
Through this partnership, all Transcribe Anywhere students will have access to Claudio, Loom Analytics' powerful AI-driven transcript automation service. Claudio’s technology enables transcriptionists to not only generate automated transcripts with high accuracy but also to hone their skills in editing and refining these transcripts. This combination of AI and human expertise is essential for navigating the current changes in the transcription profession.
Janet Shaughnessy, Founder of Transcribe Anywhere, recognizes the importance of this collaboration:
"Our students are entering a world where transcript automation is not a competitor, but a complement to their skills. By learning how to use tools like Claudio, they can position themselves for long-term success and meet the growing demand for transcription services in a more efficient and effective way."
Setting Students Up for Success
Loom Analytics is honored to work with Transcribe Anywhere to provide aspiring transcriptionists with access to the best tools and educational resources available. Claudio, known for its high accuracy and smart formatting features, will help students refine their ability to produce high-quality transcripts more quickly and with greater ease.
"At Loom Analytics, we are proud and honored to work with Janet Shaughnessy and her team at Transcribe Anywhere to train the next generation of transcriptionists, effect change, and drive long-term sustainable growth in the transcription industry." — Mona Datt, CEO of Loom Analytics.
Students will also have access to educational materials that focus on the unique skills needed to edit automated transcripts, giving them a competitive edge in today’s job market.
What This Means for the Industry
Kevin Stewart, CEO of Transcribe Anywhere, shares his excitement about the partnership:
"We are proud to be partnered with Loom Analytics and Claudio. After extensive research, we’ve found Claudio to be one of the best speech-to-text software solutions on the market today. Its labor and time-saving capabilities are cutting-edge, and its accuracy is exceptional. We believe that our students and graduates will benefit greatly from using this technology, significantly bolstering their earning potential."
This partnership represents a critical step toward modernizing the transcription profession. As transcription companies worldwide face staff shortages and mounting backlogs, the combination of well-trained transcriptionists and advanced AI tools like Claudio will help organizations meet the growing demand for transcription services while maintaining the highest standards of quality and accuracy.
About Loom Analytics
Loom Analytics is a leading provider of AI-powered workflow automation solutions for the transcription, legal, medical, insurance, and business sectors. With a focus on security, accuracy, and efficiency, Loom Analytics delivers cutting-edge tools that enhance productivity and streamline document production processes. Claudio, the company’s flagship product, is a fully automated transcription solution that offers tailored workflows for various industries, ensuring over 95% accuracy in first-draft transcripts.
About Transcribe Anywhere
Transcribe Anywhere is a trusted provider of online transcription education, offering comprehensive training programs for aspiring transcriptionists. The platform focuses on equipping students with the skills needed to excel in various transcription fields, including legal, general, and medical transcription. Transcribe Anywhere’s curriculum prepares students for success by teaching them the fundamentals of transcription as well as advanced editing and automation tools.
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Global: Mona Datt at mona@loomanalytics.com