Transcription Industry

1. The world that we live in has become smaller than ever before because technology has enabled businessesandorganizationstoreachouttootherbusinessesacrosstheworld.There isnowagrowing needtocreateawrittenrecordofaudiofilesandthatiswhereatranscriptionserviceisrequired. Using online transcription services South Africa is popular across a wide range of fields including medicine,law and businessaswellasmany others.Itis anindustrythatisgrowingeachyear,duetothe wayinwhichtranscriptionservicesarerequiredmore andmore.Ifa businessoranindividualrequiresa written record of a webinar, a conference, an interview or even a court hearing then they will require the use of a transcriptionservice. Cape TownandPretoriaareoneofthemainbusinesscitiesinSouthAfrica,sowhentherequirements for Transcription Services in Cape Townor Transcription Services in Pretoriaare really high and the competition between translation companies is onfire. Facts about the industrynow 1.Thetranscriptionindustryisanintriguingandhighly-skilledindustry. A professional transcriber can transcribe around 100 words per minute although transcribing around onehourofaudiocantakeanythingfrom4 to6hours.Alongwiththis,thewayinwhichtranscribers work has changed. Just twenty years ago, typing 40 words per minute was considered fast but now transcribersarenowexpectedtoreach120wordsperminuteinsome instances.

2. 2. An increased level ofaccessibility Itbecomes easyand accessible nowtousetranscriptioncompaniesinSouthAfricabecausethewhole process can be handled online. This makes the service efficientand effective. Costreduction The industry also provides businesses with a way of reducing their overhead expenditures because transcription servicesmake itpossibleforcompaniestoreducetheirexpensesastheywillnothave to paysomeonebenefits,salariesorprovidethemwithequipment. Focus indetails Atranscriberwillbehighlyskilledinpaying attentiontothefinerdetailsofaudiorecordings.Theywill alsoberequiredtoresearch any jargonthatisassociatedwiththeindustryforwhichtheyareworking in. Challenges of TranscriptionServices There arealways challengestofaceinthisindustryasatranscriptionservice willhavetocontinueto keepupwiththe demandsofacompetitiveindustry.Asmoreandmorebusinessesororganisations requiretranscriptionservices,theywillneedtodeliverefficientlyandefficiently. However, one other challenge is the keeping costs competitive yet lucrative. Transcription services are increasing andthatmeansthatthereismorecompetitionbuttheyalsohave tocompetewithcomputer transcription. This is something that won’t be a problem at the moment but there is no doubt that humantranscription servicesarefarbetterthananythingthathasbeentranscribedbyacomputer. Computers donothavetheabilitytounderstand anyofthesubtletiesthatahumantranscriptionistcan offer. Future of TranscriptionServices Every industry in the world changes as technology advances and the transcription industry is no different.However,what makesthisindustrysouniqueisthatitreallydoesneedthatenhancedlevelof human interaction in order for transcription jobs to be completed correctly. Despite this, it is likely that transcription services are going to be using voice recognition software to carry out transcription work, however,thisstillseemslikeitisfarawayfromtakingover. Itisalsolikelythattranscriptionistsaregoingtobeneededevenmorewhichisgreatnewsforthe industry.Asthepopularityofvideosincreases,thedemandforqualifiedtranscriptionistswillalso increase.