How Nuance Aims to Become the Next Google

As a people, we've become accustomed to getting what we want. And why not? The Internet is open 24 hours a day, seven days a week, 365 days a year. Enter a search, get a response: It's on-demand media at its finest, most often brought to you by Google (NASDAQ: GOOGL  ) .

"Ubiquitous" may be the best way to describe the search king. According to the latest data from comScore, Google served 66.7% of all searches in December. That's about consistent with what we've seen historically, which means Microsoft's (NASDAQ: MSFT  ) efforts to disrupt the market have yet to bear fruit. But hey, at least the Bing ads starring comedian Jonah Ray are cool.

Perhaps Mr. Softy is fighting the wrong battle? Rather than improve text search, Nuance Communications (NASDAQ: NUAN  ) is working on a voice assistant that will handle requests wherever you may be. Think of it as a butler that travels with you, fulfilling your every need via connected apps and a massive online database.

When this technology is actually coming is yet to be determined, but Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova says its importance can't be understated. Get his full take in the following video, and then be sure to leave a comment to let us know what you think.

More expert advice from The Motley Fool
Speech recognition is yet another nascent technology set to explode with the rise of tablets and smartphones, and no company is better poised to benefit from this coming boom than Nuance Communications. However, this growth story doesn't come without risks. The Motley Fool recently published a premium research report to break down what investors interested in Nuance absolutely have to understand before investing, so click here now to grab your copy today.


Read/Post Comments (2) | Recommend This Article (13)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 28, 2013, at 6:22 AM, roscotyson wrote:

    I think that this company has an opportunity to become part of our everyday lives.

  • Report this Comment On January 28, 2013, at 9:50 AM, apositt wrote:

    Agree with your take on the future of voice command. But isn't GOOG focusing on VC both in development and acquisition? This is a serious threat to NUAN's ability to keep up with development especially since they seem to be more of an acquirer than an innovator, at least going forward. A buyout candidate perhaps? Still, I'd like to see more of their own R&D.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2217300, ~/Articles/ArticleHandler.aspx, 12/20/2014 3:24:29 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement