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VIQ Solutions Migrates Clients to AI-powered NetScribe Platform - AI TechPark

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VIQ Solutions Inc. ("VIQ" or the "Company") (TSX Venture Exchange: VQS and OTC Markets: VQSLF), a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, today announced it completed migrating 400 clients to NetScribe, its AI-enabled transcription platform, creating efficiencies and workflow optimization tailored to target markets. VIQ successfully completed migrating its three initial acquisitions to NetScribe, resulting in a dramatic increase in editor speed and efficiency. Within six weeks of transitioning from offline transcriptionist to online editor, 30% of the team edits at a rate 30%-60% faster than standard manual transcription and 40% are at par and moving to improved results. NetScribe, powered by aiAssist, is proven to reduce labor costs, generate meaningful savings, boost margins, and increase revenue. As the appetite for digitalization of multi-speaker recorded events surges, the industry is struggling to keep up with the sharp increase of evidence collected daily.