While the company doesn’t disclose its user numbers or revenue, Liang told TechCrunch Otter.ai’s annual revenue run rate has doubled in less than four months since the end of 2019. To date, Otter has transcribed more than 25 million meetings, totaling over 750 million transcribed meeting minutes. Otter.ai, too, has felt the effects of the COVID-19 pandemic on its business.Īccording to Otter.ai CEO and founder Sam Liang, Otter usage with Zoom meetings has increased by more than 5X in the past few weeks and the company has seen more sign-ups from remote workers and students engaged in distance learning.īesides being a useful tool for those attending web conferencing meetings, Otter’s transcripts can help people catch up with meetings they missed - a more common occurrence these days, as workers juggle their jobs, health, parenting, and home school teaching duties simultaneously. This, in turn, has seen the use of video conferencing apps skyrocket. The ability to access a transcription of the online meeting comes at a time when all business that can be managed virtually by home workers has been moved out of the office, amid the coronavirus pandemic.
Interested customers can trial the service for free for 2 months using the code “OTTER_RELIEF.” The meeting host will need to have an Otter for Teams subscription, which is $20 per seat per month, with a minimum of 3 seats, based on the annual plan. The feature is available for Otter for Teams and Zoom Pro subscribers or higher. When the meeting wraps, users can also refer back to the transcript to highlight, comment and add photos to their meeting notes. The Otter live transcripts will also be available through the Zoom app on mobile. However, they won’t need to remember to start or stop the live transcript - that happens automatically. To access the Live Video Meeting Notes, meeting participants can open the Otter.ai Live Transcript from the LIVE menu at the top of the Zoom window, then log into Otter.ai. The feature is also designed to work even if the meeting participant is using a headset or earbuds, the company says.
The company today is introducing an integration with Zoom in order to provide “Live Video Meeting Notes” - meaning, the ability to record and view a live, interactive transcript directly from a video conference.
Real-time voice transcription service Otter.ai is adding new functionality that will aid home school students and work-from-home employees alike.
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