Nuance Communications Inc. Among Cloud Top 500

1 Wayside Road

Burlington, MA, 1803, USA

+1 781-565-5000

http://www.nuance.com/

274

Nuance Communications Inc. Recent Developments

In fall 2018, Nuance has created virtual assistant solution powered by Artificial Intelligence (AI) designed for healthcare providers that includes:

 

-Industry voice recognition technology designed for healthcare: This cloud-based offering enables any individual, using specialized medical terminology, to communicate naturally with high accuracy and no voice training across a range of devices and applications.

 

-Voice biometrics and text-to-speech: The solution utilizes Nuance’s voice biometrics and text-to-speech capabilities for advanced security and clinician usability.

 

-Unparalleled integrations and strategic healthcare IT relationships: The offering contains embedded, unique and sophisticated workflow capabilities across major electronic health record (EHR) systems that clinicians use every day across mobile, web, and desktop platforms.

 

-Prototype smart speaker customized for healthcare provider settings and use cases: A prototype, specialized healthcare smart speaker connects to the Dragon Medical cloud and is optimized for clinical interactions and ambient speech clinical workflows.

 

-Secure and reliable platform: The solution leverages the HITRUST CSF certified Microsoft Azure cloud hosting platform to deliver the enhanced performance, security, and privacy today’s providers require.

Nuance Communications Inc. M&A Activities

In May 2018, Nuance Communications acquired Voicebox Technologies, which is based in Bellevue, Washington. Voiceboc has developed a VoiceAI platform that delivers a multi-person, cross-device experience. The platform is used in home and IoT devices, as well as connected cars.

 

Its partners include Toyota and Samsung.

Nuance Communications Inc. Key Enterprise & Cloud Applications

Dragon Medical, Nuance Cloud

SCORES Analysis

Nuance Communications Inc. Strengths

Nuance is an American based multinational computer software technology corporation, that provides speech recognition, and artificial intelligence.

 

Current business products focus on server and embedded speech recognition, telephone call steering systems, automated telephone directory services, and medical transcription software and systems. The company also maintains a small division which does software and system development for military and government agencies.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Nuance Communications Inc. Revenues, $M:

Type/Year 2016 2017 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Nuance Communications Inc. Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Nuance Communications Inc. Revenues By Region, $M

Region % of Total Revenues 2017 Total Revenues, $M 2017 Enterprise Applications Revenues, $M 2017 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Nuance Communications Inc. Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Nuance Communications Inc. Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Nuance Communications Inc. Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Nuance Communications Inc. Risks

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  • Ability to handle internal and external risk and challenges

Nuance Communications Inc. Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Nuance Communications Inc. Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).




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