2. Agenda
What to expect from this presentation
1 Idea Description 5 Business Sense
2 Components of the 6 How is it different?
Application
3 Working of the
Application 7 Feature at a glance
4 Business Model 8 Conclusion
3. Idea description
•Videos have become one of the most widely used means
of learning.
•Universities and companies uses video as a mode of
training i.e. e-learning materials, video ILT’s, online
Video to text
recorded classes.
conversion
•Language plays as a vital constraint for providing
education across the globe.
•Atranscript in known language provides better
understanding of the content of the video to the viewer.
•It
removes the dependency on coping up with the
speaker’s accent and his pace of speech.
•Now, a Chinese student can understand a video in English
by the means of transcripts or sub-titles in Chinese.
Text in multiple
language support
4. Components of the Application Skilled and
Semi-
skilled
THE EMPLOYER THE MICRO-WORKER
The owner or creator of the Skilled micro-workers will be
video like university or companies. language experts. They will be
Will create jobs by uploading the have good command over a
video and requesting for particular language.
transcripts in required languages. They will be responsible for the
The Employer will pay the micro- verification of the transcript
workers for the job. generated by semi-skilled worker.
Semi-skilled micro worker will
have working knowledge of one
or two language. They will be
responsible for creating the
transcripts in desired language
5. Working of the Application
Employer’s perspective Micro-worker’s perspective
Employer registers on the app. Micro-workers register on the app.
Employer selects the payment Provides languages known details.
package and makes the payment.
For being a language expert, he or she
For example, in package 1,
employer can upload up to 50 needs to clear a test in that language
hours of video in a month and will and provide qualification details as a
need to pay 200$ per month. support evidence.
After payment, employer uploads Once employer uploads the video, a
the video and provide the language task is created and assigned to micro
requirements. worker.
The employer can mention more
He or receives an alert on mobile and
than one language requirement.
Once, the transcripts are ready, the
then sees the video and create the
employer will receive an alert and transcript in required language on the
can then download the videos go.
along with the transcript. The task gets assigned to language
expert which does the verification and
the task gets closed.
Now, the transcripts are ready for
download.
6. Business Model
Who will PAY?
• The employer like universities who need to have transcripts in
multiple language will pay on monthly basis.
• Multiple package options available based on the length of
video. For example:
Videos up to 50 hours per month – cost 200$/ month
Videos up to 100 hours per month – cost 350$/ month
Videos up to 200 hours per month – cost 700$/ month
Videos more than 200 hours per month – cost 800$/ month
• Additional transcripts in other language will cost 10$ each. The
above package will include up to 2 transcripts in different
language.
* Above values are just for illustration and are
subjected to change
7. Business Model
How will Micro-workers EARN?
• Semi-skilled micro worker receives payment based on the
length of videos i.e. 2$ per hour on monthly basis.
e.g.: For 4 hour duration video, micro-worker
earns 8$.
• Skilled micro worker i.e. language expert will receive a payment
of 1$ per hour plus a fixed allowance of 20$ per month.
e.g.: for 100 hour duration of video in a month,
he earns 100$ plus 20$ fixed allowance.
* Above values are just for illustration and are
subjected to change
8. Business Sense
A win - win situation
Employer Service Provider Micro-worker
Employer selects the Service provides acts Micro workers receive
package. Suppose as interface. payment from service
employer pays 200$ Are responsible for provider on monthly
for 50 hours i.e. operations of app basis.
package 1. server. For 50 hours of video,
Package is selected for For 50 hours of video, semi-skilled micro
a month time 100$ goes to semi- worker will earn 100$
duration. skilled and 70$ goes (50 hours * 2$).
If required, package to skilled worker. For 50 hours of video,
can be change as per As employer pays skilled micro worker
requirement by paying 200$, net income will will earn 70$
the differences. be 200$ - (100$ + [(50 hours * 1$) + 20$
70$) = 30$. allowance]
It’s a sure win-win
situation for all.
*Above values are just for illustration and
are subjected to change
9. How is it different?
Various solutions available which can convert speech to text or
translate text from one language to another.
None of them are 100 percent accurate and error free.
Video transcriptor leverages manual speech to text conversion in
which the speech might in one language and text can be in some
different language.
Transcripts
are manually checked by the language expert to
maintain 100 percent accuracy.
Manual verification will also allow proper synchronization of video
frame and the subtitles displayed.
10. Features at a glance
Multi-language support.
Advanced search capability by searching keyword in transcript file
and provide more relevant search result.
Allows searching of videos in multiple languages.
Error free and 100 percent accurate transcripts.
Universitiesincrease scope of education by breaking the language
barrier and providing education across the globe.
Companies provide training without language constraint.
Allows proper syncing of the video content with the subtitles.
And many more……………..
11. Break language barriers and spread education
across the globe
Feel free to provide your useful comments and
suggestions. Critics are also welcome.