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Founded in Sydney, Australia in 2003, Ai‑Media is a global media access provider, utilising its technology platform to make content available for all through live and recorded captioning, transcription, subtitles, translation and speech analytics services.
Ai‑Media has developed a cloud‑based captioning, transcription and translations platform that utilises a combination of artificial intelligence (AI), machine learning (ML) and human intelligence to convert speech to text and has established itself as a global technology business across its three business lines of "Live Broadcast", "Live Enterprise" and "Recorded" content. Using a combination of machine and human curation provides levels of accuracy that are greater than machines alone. This level of accuracy is a requirement to service Ai‑Media's enterprise customers.
In 2020, the total addressable market was forecast to be US$11.8 billion, increasing to US$14.7 billion in 2022 at a CAGR of 7.4% between 2015 and 2022. The market is being driven by a range of factors, including the rapid increase in consumption of video content through online channels; the combination of globalisation and localisation; regulatory requirements that mandate equality of access to content for hard‑of‑hearing individuals; and increasing demand for Ai‑Media's services outside the media and entertainment industry, such as education, training and corporate events. More recently, COVID‑19 has driven remote working which has led to increased demand for live captioning of online meetings and webinars.
It is anticipated that AIM will list on the ASX during September 2020.
https://www.ai-media.tv
Ai‑Media has developed a cloud‑based captioning, transcription and translations platform that utilises a combination of artificial intelligence (AI), machine learning (ML) and human intelligence to convert speech to text and has established itself as a global technology business across its three business lines of "Live Broadcast", "Live Enterprise" and "Recorded" content. Using a combination of machine and human curation provides levels of accuracy that are greater than machines alone. This level of accuracy is a requirement to service Ai‑Media's enterprise customers.
In 2020, the total addressable market was forecast to be US$11.8 billion, increasing to US$14.7 billion in 2022 at a CAGR of 7.4% between 2015 and 2022. The market is being driven by a range of factors, including the rapid increase in consumption of video content through online channels; the combination of globalisation and localisation; regulatory requirements that mandate equality of access to content for hard‑of‑hearing individuals; and increasing demand for Ai‑Media's services outside the media and entertainment industry, such as education, training and corporate events. More recently, COVID‑19 has driven remote working which has led to increased demand for live captioning of online meetings and webinars.
It is anticipated that AIM will list on the ASX during September 2020.
https://www.ai-media.tv