In this article, we would like to compare two automatic transcription software companies: Gglot and HappyScribe and determine the most cost effective choice.
With the COVID19 pandemic taking a huge toll on productivity, more and more companies are looking to move into a digital space. The demand for telepresence is growing and startups which offer audio / video teleconferencing tools are in big favor. There is an ever growing need to stay in touch with your remote workforce. Communication had occurred quite naturally in the previous office settings. Employees where commuting to work and bosses where able to strike conversations naturally by walking by or visiting the conference rooms. Now, with lots of people locked down at their homes, there is a bigger need to communicate with them. The conversion is not natural any more. It is forced. There is a feeling that when people stay at home, they tend to do less. Thus, this creates a bigger need for control, accountability and speed of communication. To address a demand to transcribe zoom meetings and phone calls, we will consider two startups that automate transcription: New York based GGLOT and Barcelona based HappyScribe. We will analyze them on price, speed, quality and number of available languages. If you are ready to proceed, then continue reading!
Since these are AI based transcription services, their prices are lower than human transcriptionists. The common term in the industry is price per minute.
Gglot – $0.09/minute
Happy Scribe – $0.21/minute
Winner: Gglot is 50% more cost effective
Both services are up to a great speed. They are twice faster than human transcriptions and can return a 60 minute file in less than 30 minutes. Usually it is even faster.
Transcribing business meetings, phone conversations and zoom videos requires less accuracy as other types of communication. There are no background noises or random distractions. Automatic software can pick up up to 90% of all words correctly and put it into writing. Thus, both services Gglot and HappyScribe are equal and effective.
Since the global pandemic affects any country in the world, there is an ever growing need to offer transcription service in more than one language. Both Gglot and HappyScribe support multiple languages such as: Spanish, English, French, German, Japanese, Korean, Chinese, Arabic, Dutch, Danish, Swedish and many others.
Gglot is a more cost effective solution for college students given that everything else is equal in quality and speed. It’s like buying Happy Scribe with a coupon code of 50% off. Register a free account today.