Speechmatics announced as a winner in the regional stage of the Barclays’ Entrepreneur Awards

Speechmatics, based on the Cambridge Science Park, has been announced as a winner in the regional stage of the Barclays’ Entrepreneur Awards. It has received the accolade in the Scale-Up category which seeks to recognise a company that is growing on a rapid scale.

The awards highlight and recognise entrepreneurs who are transforming their industries, the economy and society.

Speechmatics® powers applications that require mission-critical, accurate speech recognition through its any-context speech recognition engine. Speechmatics’ speech recognition technology is used by enterprises in scenarios such as contact centers, legal, compliance, eDiscovery, security, media and entertainment and software. Speechmatics processes millions of hours of transcription worldwide every month in 30+ languages.  

Having pioneered machine learning voice engineering, Speechmatics is enabling companies to build applications that detect and transcribe voice in any context and in real-time. Its neural networks consider acoustics, languages, dialects, multiple speakers, punctuation, capitalization, context and implicit meanings.

Katy Wigdahl, CEO, Speechmatics (pictured), said: “As a fast-growing business, naturally we are delighted to be recognised as a regional winner for the Barclays’ Entrepreneur Awards in the scale-up category. In the past 6 months we have expanded to the USA, India and the Czech Republic whilst doubling our revenues year-on-year so it’s an exceptionally exciting time to be at Speechmatics with world-leading speech recognition.”

Juliet Rogan, National Head of High Growth at Barclays, said: “It’s been a difficult time for businesses due to the coronavirus outbreak, which is why it’s more important than ever we celebrate entrepreneurs and recognise their achievements. The awards are a celebration of the exceptional innovation and leadership entrepreneurs show, helping to create social change and growth. This is the fifth year of the awards and as a regional winner, Speechmatics will go forward to the national stage, which will recognise businesses from across the UK.”

All regional winners will now go through to the national final, where an overall winner will be announced on November 26th, 2020.  Ahead of the final, national judging will take place with key industry leaders, influencers and eco-system partners in order to select the eventual winner.

The awards bring the full entrepreneurial community together. This year, for the first time, Barclaycard are joining the event alongside Barclays Rise and Eagle Labs as partners of the Awards. This group wide initiative started five years ago and forms an integral part of our support for entrepreneurship across the bank.



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