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【2022 Solutions】 VM-Fi launches killer 5G real-time AI voice translator that reduces interpretation costs by 50%

With "Voice as a Service (VaaS)", VM-Fi Inc. launched the world's leading 5G real-time AI voice translation service "VM-Fi," providing AI real-time translation subtitles TranSpeech and AI multi-lingual smart counter TransDisplay. The service is applied to real-time translation services in diverse fields, such as international exhibitions, tourism industry, and retail stores. The translation service can be quickly set up in 15 minutes, which can significantly reduce the customer's interpretation service cost by 50%, creating benefits in terms of time and labor costs. This killer application is a product launched by VM-Fi, which has been established for three years. It can significantly reduce the cost of interpretation by half. It successfully entered the Japanese market and is highly popular among consumers.

TranSpeech real-time subtitles for speeches and TransDisplay smart counter AI service solution

▲ TranSpeech real-time subtitles for speeches and TransDisplay smart counter AI service solution

For organizers of international forums and exhibitions, paying high interpretation fees has always been a common pain point hard to put into words. According to statistics, to hold an all-English forum in Taiwan, including two interpreters, setting up an interpretation booth, on-site radio station, control panel, and audio, the total cost will be at least NT$100,000 to meet the on-site interpretation needs.

Established in September 2020, VM-Fi launched the "VM-Fi 5G real-time AI voice translation service". In just 2 years, and successively won the Mobileheroes of the Ministry of Economic Affairs Industrial Development Bureau, Start-up competition in the Smart City Project, Qualcomm Innovate in Taiwan Challenge (QITC), Japan's JR Kyushu Innovative Business Competition Excellence Award, and the CES 2022 Innovation Award. It has not only received praises in the market, but also attracted great attention from Taiwanese investors and was adopted by large Japanese trading companies. It hopes to help people around the world avoid communication barriers through smart city solutions, and enjoy a convenient life in smart cities.

5G real-time AI voice translation does not require expensive interpreters and equipment and reduces the interpretation cost by 50%

The VM-Fi team, which has a solid technical foundation in language translation, digital content, and UX development, has learned that only 20% of high-end consumers in the market can afford the high cost of interpretation. To meet the remaining 80% of market demand, VM-Fi combines 5G high-speed transmission and AI voice recognition technology help customers reduce labor and costs. Its business solutions can be applied in international exhibitions, tourism services, shopping malls, and online and offline business meetings.

5G high-speed AI speech translation service process

▲ 5G high-speed AI speech translation service process

"Unlike traditional interpreters' sentence-by-sentence interpretation, which is a time-consuming and inefficient process that prevents the audience from smoothly listening to a speech," VM-Fi further stated that the real-time AI speech translation service uses AI algorithms to analyze the speakers speech. The AI determines the parts of speech and subject of the speaker, and then immediately translates it. The lecturer does not need to wait for the interpreter, and only needs to connect the microphone cable to the VM-Fi 5G real-time AI voice translation service to speak freely. The audience can immediately read the translated subtitles.

5G real-time AI voice translation was used in the Kyoto Smart City Summit & Expo for two consecutive years in 2022-2023

▲5G real-time AI voice translation was used in the Kyoto Smart City Summit & Expo for two consecutive years in 2022-2023

The "VM-Fi 5G real-time AI voice translation service" currently supports Chinese, English, Japanese, Korean, Spanish, French, and German, providing translation services between these seven languages. During the pandemic, when the demand for online activities increased significantly, VM-Fi introduced the world's first real-time subtitle service solution. The contents spoken by the foreign speaker is translated in real-time and displayed on the live broadcast screen, allowing the audience to understand contents shared by the speaker in real time. The operation method is also very simple. Audiences do not need to download the APP. All they need to do is open the Youtube or Facebook live broadcast platforms provided by the organizer. The real-time subtitle solution not only saves customers the trouble of translation work, but also allows online listeners to enjoy seamless real-time translation services without any worries.

Real-time subtitles provide audiences with seamless real-time translation service

▲Real-time subtitles provide audiences with seamless real-time translation service

In addition, the smart counter solution TransDisplay launched by VM-Fi in Japan is also very popular among consumers. VM-Fi stated that Japan has a large elderly population and a large number of tourists. Especially during the pandemic, most consumers wore masks and there was often a gap in communication. The smart counter directly converts the communication between two parties from voice to text and displays on the transparent partition, providing the most considerate service that the public can clearly see at a glance. In the future, VM-Fi will work with Taiwanese panel manufacturers, integrating software and hardware to provide voice-to-real-time subtitle translation services in Japan’s shopping malls, stations, airports, and government agencies.

Smart counters provided people with friendly communication services during the pandemic

▲Smart counters provided people with friendly communication services during the pandemic

User experience is the key to VM-Fi taking root in the Japanese market

Facing the explosive growth of cross-border tourism business opportunities after the pandemic, VM-Fi is confident in business expansion. VM-Fi stated that the VM-Fi 5G real-time AI voice translation service has demonstrated excellent product and service resilience during the pandemic, and can flexibly meet customer needs for various physical or online services. VM-Fi plans to establish a headquarters in Japan before April 2025, and actively cooperates with Kansai and Kyoto prefectural and municipal governments to expand its operations. After establishing a solid foundation in the Japanese market, the EU market will be the next important target.

VM-Fi participated in fundraising activities of the AI Founders Alliance of the AI Program of the Industrial Development Bureau, Ministry of Economic Affairs. The company relied on the assistance of the Institute for Information Technology (III), Taiwan-Japan Industrial Collaboration Promotion Office (TJPO), and the Japan External Trade Organization (JETRO) to actively seize Japan's market. "Japan's market not only values digital transformation, but also user experience (UX)." Therefore, after the successful launch in Japan, everything will fall into place when it expands to other markets around the world.

▲VM-Fi app in Japan's shopping malls, stations, airports, and government agencies.

VM-Fi is a startup with passion and innovative spirit  founded in 2020. We focus on AI speech recognition and real-time translation technologies, and are committed to allowing people around the world to enjoy high-speed speech translation during international speeches, at service counters, and during communication, completely removing the language barrier and allowing everyone to enjoy equal rights to information.

VM-Fi's AI service is not only a technological innovation, but also a commitment to global sustainable development: A) Digital solutions: We are committed to reducing paper use. Every sheet of A4 paper saved reduces carbon emissions by 7.8 grams, using practical digital solutions to promote environmental protection. B) Renewable energy decisions: We choose cloud services that use renewable energy and plan to achieve the goal of using cloud services that use 100% renewable energy by 2025, in order to create a greener technology foundation for the future. C) Water saving decisions: We are committed to using cloud services that achieve positive water benefits before 2030, ensuring that the replenishment of water resources exceeds consumption, and contributing to the future of the Earth. D) Net zero emission decisions: When using new data centers, we will choose net-zero deforestation to protect the natural environment. E) Sustainable development goals: Through the decisions above, we are making active efforts to achieve the United Nations Sustainable Development Goals (SDGs) 4, 7, 9, 10, 11, and 13, exerting every effort to create a better world.

VM-Fi's vision is to create a world without communication barriers, allowing everyone to communicate freely and jointly move toward a better future. Let us work together to contribute to global communication equality and sustainable development, and create a greener and better future!

 

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【解決方案】五年磨一劍 太奇雲端專注影像辨識 獲智慧城市創新應用獎
After five years of hard work in image recognition, Touch Cloud won the Smart City Innovation Application Award

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two years, Touch Cloud has now launched seven products, with each product receiving excellent reviews from the market Specializing in the field of smart cities, Touch Cloud successfully entered the Asian market Founded in February 2016, Touch Cloud originally focused on AOI defect detection However, the definition of defects is different for every customer As a result, applications in this field are mostly project development and could not be commercialized The company later directed its efforts to AI Application Box, a product that integrates software and hardware, and focused on smart cities, including transportation, industrial safety, and security related markets In view of the high acceptance and price advantage of AI in overseas markets, Cheng-Hsun Li targeted the overseas market in the early stages of the company's development, and has produced many successful results in several major countries, including Hong Kong, Singapore, and Thailand Among them, Touch Cloud successfully entered the Hong Kong market with its debut in the Hong Kong International Airport project In 2018, Hong Kong International Airport planned to monitor ships around airline oil storage platforms to prevent ships from colliding with the oil storage platform However, the oil storage platform is located in the middle of the sea and lacks electricity and Internet connection, so it could only set up a camera on shore 3 km away from the platform In addition to the long distance and poor line of sight, monitoring was also affected by weather conditions, such as clouds and fog, and was ineffective Touch Cloud customized an AI algorithm specifically for the project, and continuously collected image data for model training It took half a year of discussions with the customer and system corrections to finally achieve an accuracy rate of 98, successfully completing the goal Touch Cloud won the 2022 Smart City Innovation Application Award_Smart Security Award Minister of Economic Affairs Mei-Hua 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image analysis technology is favored by many companies, and most investors are strategic partners, working together to create synergies and allow Touch Cloud's technology to be quickly applied Cheng-Hsun Li said that it often takes more than five years for an AI startup to get its operations on track, and it takes at least three years to cultivate good AI talents Results are gradually emerging thanks to the considerable flexibility and space given by strategic investors to the company Touch Cloud products are already being put into practical use in major Asian countries such as Hong Kong, Singapore, Thailand, South Korea, and Japan, and are expected to enter more Asian countries within two years, driving more advanced image analysis applications The company hopes to complete representative cases in Asian markets every year, and move towards an IPO as a company featuring AI products

這是一張圖片。 This is a picture.
Understand customers better than they do themselves, business opportunities created by the pandemic doubles the performance of Spingence Technology

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【解決方案】7毫秒內分離人聲 洞見未來科技協助聽損者「聽說更簡單」
Voice Separation in 7 Milliseconds: RelaJet's Future Technology Makes 'Hearing and Speaking Easier' for the Hearing Impaired

One rainy Thursday afternoon near Taipei Arena, the Taipei Experience Center of RelaJet was fully booked with appointments from people with hearing loss eager to try hearing aids made with a voice separation engine For the hearing impaired, having affordable, lightweight, and effective noise-reducing hearing aids is truly a blessing 'We hope to help users in need to hear the world's wonders again' This empathetic expectation by RelaJet's founder and CEO Po-Ju Chen, who is also hearing impaired, illustrates his understanding of the needs of the hearing impaired He hopes that RelaJet's unique voice amplification hearing aid technology will benefit many more people Affordable hearing aids benefit many with hearing loss Founded in 2018 by Po-Ju Chen and his brother Yu-Ren Chen, RelaJet developed a multi-voice separation engine paired with Qualcomm's Bluetooth audio platform, drastically reducing the price of imported hearing aids, typically costing 80,000-100,000 NT dollars, to just under 10,000 NT dollars They aim to develop affordable goods with excellent noise-cancelling capabilities that wirelessly connect to smartphones In its first two years, the company primarily developed the multi-voice separation engine, which significantly improved the noise reduction quality Once equipped with Qualcomm Bluetooth earphone chips, the audio processing time is drastically short, at about 7 milliseconds to enhance main voice projection and reduce ambient noise, less than half the time required by traditional medical standard of 16 milliseconds for hearing aids, nearly 'zero-delay' 洞見未來科技推出平價助輔聽器,大大嘉惠聽損者 Yu-Ren Chen explains that the primary use of Qualcomm chips for edge computing, along with a streamlined algorithm, achieves extremely low latency and better noise reduction The hearing aids can cover 18 channels, whereas traditional hearing aids cover 4-48 channels In the future, RelaJet will progressively increase the number of channels According to statistics, there are 470 million people globally with hearing disabilities, with a 30 average device use rate in developed countries, with the highest in Western countries Taiwan has nearly 15 million people with disabling hearing loss, of which the middle-aged and elderly make up 30, yet the device use rate is only about 10, which is quite low Yu-Ren Chen further analyzes that the low device usage rate is due to two reasons firstly, the high average selling price of international big brands ranges from 80,000 to 200,000 NT dollars with a three-year usability period, which deters many due to the high cost and maintenance Secondly, in noisy environments, the noise is also amplified which does not necessarily ensure clarity for the users, and the sound parameters can't be adjusted in real-time, making it inconvenient to frequently visit stores for tuning Thirdly, most models cannot connect to smartphones, making it inconvenient for the hearing impaired to take phone calls Utilizing Qualcomm Bluetooth chips for 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anticipated to be exported to international markets in the latter half of this year Additionally, a hearing aid product combining Bluetooth functionality, set to launch in June this year, is sized like typical Bluetooth earphones, targeting visually conscious consumers with hearing loss Its small size and attractive wireless earphone design allow for phone calls, and if approved by the Ministry of Health and Welfare, eligible users can apply for government subsidies RelaJet to expand into overseas markets, using the USA as a beachhead An interesting question arises due to the pandemic everyone must wear masks which impedes lip-reading How does this affect those with hearing loss Yu-Ren Chen indicates that this situation highlights RelaJet's advantages As each person with hearing loss has different levels of hearing ability, hearing aids can only augment to an appropriate volume, assisting users to hear about 60-70 content, with the remainder relying on lip reading and gestures During the pandemic, as everyone wears masks, masks also muffle sounds, but RelaJet's voice separation engine can correct and strengthen the separation, making it easier for those with hearing loss to recognize voices Besides the Taiwan market, RelaJet's next stage will be expanding into overseas markets, expecting to obtain ISO 13485 medical device quality management system certification and US medical device approval in 2022 They plan to enter the US market, either under their own brand or through OEM arrangements Apart from the Taiwan market, RelaJet will also enter the US market in the next phase for hearing aids「Translated content is generated by ChatGPT and is for reference only Translation date:2024-05-19」