Nuance Communication Inc.

Founded in 1992, Nuance Communications is a leading provider of voice and language solutions for business and consumer across the globe. Headquatered in U.S., company has more than 35 regional offices, with a significant international presence in Australia, Belgium, Brazil, Canada, Germany, Hungary, Israel, Japan and the UK. The company has many subsidiaries, a few of them are Equitrac, Dictaphone, Loquendo, SpeechWork and others. The solutions provided by the company are used every day by people and businesses for tasks and services, such as requesting account information from a phone-based self-service solution, dictating records, searching the mobile Web by voice, entering a destination into a navigation system, or working with PDF documents and others. Headquatered in the U.S., the company operates in three segments, based on industry-based solutions, as- healthcare segment, mobile segment, enterprise segment and document imaging segment, while considering the company’s offerings, the company’s revenue sources are segmented as products & licensing, professional services, hosting services and maintenance & support. The products & licensing segment Helds the largest share of USD 696.2 million of the company’s total revenue of 2015.

The company’s major focus is towards delivering innovative voice recognition and other biometric products. The company’s strategy is inclined towards partnerships and developing new products in collaboration with the partners which results in business expansion. The company is embedding new technologies like facial recognition into the existing solutions.