June 12, 2012
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world. David was struck by a quote in Technology Review from Nuance CTO Vlad Sejnoha recently: "Speech is ideally suited to mobile computing." David believes he's exactly right. Nuance develops voice and natural language technologies. Applications range from dictation to control, with plenty in between. David can imagine a time when voice interfaces replace the keyboard, especially in mobile computing. Think about it: Why do we need to type or swipe when voice commands can do things for us? And the technology is spreading. Ford and others have put it in cars, a place where hands are busy (hopefully). Nuance has also been reported to be powering Apple's Siri. Google has voice-recognition software too in its Android phones, as does Microsoft. Nuance is definitely a leader and may have a big advantage. As more people use its technology, the company can improve it, much the same way Google refines its search algorithms. And if it really takes off, Nuance could be a surprise winner in the world of mobile. Perhaps it belongs next to the other mobile leaders, Google and Apple.
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