Iflytek Overview
Company Headquarters: China
Founded: 1999
Workforce: 10,000+
Company Working: The company was founded in 1999 and is headquartered in China. It is a well-known intelligent speech and AI company. The company has been focused on keystone technological research in speech and languages, natural language understanding, machine learning, adaptive learning, machine reasoning, and has maintained the world-leading position in those domains. The company enthusiastically promotes the development of AI products and their sector-based applications, with visions of enabling machines to listen and speak, understand and think, creating a better world with AI. As an innovation-driven firm, it is on the cutting-edge of technological development and has continued to be among the best during a diversity of international evaluations in machine translation, NLU, image comprehension, image recognition, knowledge graphs, knowledge discovery, and machine reasoning. The company holds a leadership position in the national speech interactive technical workgroup, which is in charge of setting standards for the Chinese speech industry. The company has successfully transformed technologies and research into products and applications in consumer goods, urban services, education, judicature, customer services, cars, healthcare, and telecommunications.
Strategy
The company is continued with adopting organic and inorganic strategies such as a merger, acquisition, partnerships, collaborations, expansion, product launches, product enhancements, among others in order to gain a competitive advantage. The company has more focus on research & development activities in order to cater advanced voice assistant tools to the various industry verticals.
