Digital transcription refers to the process in which speeches present in audio recordings in digital formats like wav and mp3 are converted and preserved in text file format. As soon as the digital transcription process is completed, the text files that you obtain are known as transcripts.
When a business or a firm does not have the time to handle the transcription process on their own, they seek the help of digital transcription services. Several firms wouldn’t have the luxury to house a separate department just for transcription. Nowadays, even the large enterprises resort to outsourcing even if they have the budget and the infrastructure to have their own team of transcriptionists.
WMA, WAV and MP3 are the file formats in which audio files to be transcribed are normally stored before given for digital transcription. Wav is probably the oldest audio file formats. Nevertheless, it is being utilised a great deal even today. But, wav is one of the least used file types for transcription since wav files take up a lot of space and bandwidth.
MP3 is the most popular audio file format preferred by digital transcription firms even though they are widely utilized for the storage of MP3 song tracks. WMA is also used by several transcription companies but not preferred by a lot even though WMA is the smallest of the three file types. The reason is that they are not so clear when compared to MP3 or Wav
The speeches for transcription are transferred to the transcriptionist or the transcription company through FILE TRANSFER PROTOCOL. Sometimes, e-mail is also used for file transfer but it is only used for smaller files. Also, email is not as safe as FTP. Nearly all digital transcription service providers demand upon utilizing FTP even for small files. Once the audio recordings are transcribed, the files are either saved in txt format or word format.
The rates charged by digital transcription companies differ a lot from one company to another. They normally charge by the word transcribed. important factor in determining prices. British accent is found to be the most difficult accent to comprehend and hence most expensive. The fact that American accent is the most popular and commonly heard accent makes it less costly. The audio quality also plays an essential role in the determination of transcription rates.
There are many good digital transcription companies which are operating in the online space.