With Pindrop's voice authentication technology, OTT streaming devices, platforms and services now have access to a speech recognition solution that enables a more engaging user experience, which leads to higher customer retention and less churn. Pindrop is a leader in security for voice AI, currently delivering voice solutions to 8 of the top 10 banks in the world. Pindrop's technology analyzes more than 250 specific biological and behavioral voice characteristics, like the frequency and harmonics of speech as well as the patterns of intonation, rhythm, style, and even tone and emotions. Additionally, background noises or changes in a speaker's voice caused by sickness, aging or even mask wearing has a negligible impact on Pindrop's V​ oice ​Authentication accuracy. Pindrop's technology is easy to integrate with any device or voice platform, and provides an independent and platform-agnostic solution that enables partners to retain their brand and control their own data and insights.

'We believe that with our state-of-the-art voice authentication technology combined with TiVo's expertise in the OTT video space, we'll be able to unlock new experiences for consumers across the globe… and we're just getting started,' said Vijay B​alasubramaniyan​, Pindrop CEO. The companies will announce the first TiVo enabled product with Pindrop's technology in the coming months.

Also starting today, developers can request access to this Pindrop technology to help take their content experiences to the next level. ​Learn more at w​ ww.pindrop.com/tv​.

Market Opportunity & Consumer Need

There has been a surge in the quantity of new media apps and streaming content. Consumers have come to expect a personalized experience, but are struggling to find it in the overly complex OTT world.

2020 saw a rise in consumer demand for voice enabled solutions and this voice trend has extended to Smart TV and OTT devices, which now have voice-control as a feature. But current voice control solutions on TV have not been able to deliver simple, easy and reliable experiences to help consumers find what they want to watch. Consumers continue to expect more from voice as their user interface of choice - it's time to embrace voice-enabled personalization.

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Disclaimer

Xperi Holding Corporation published this content on 26 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2021 18:29:05 UTC