Picovoice achieves cloud-level accuracy with tiny Speech-to-Text models, addressing privacy, cost, and reliability problems of the $30 Billion transcription market. Efficient AI models that can run anywhere bring the control back to enterprises and are 10x more cost-effective. Anyone can transcribe 100 hours of audio per month using Picovoice's Free Tier.
Picovoice Speech-to-Text (STT) is private-by-design and 10x to 22x more cost-effective compared to cloud-based automatic speech recognition APIs.  Picovoice on-device STT is intrinsically private and eliminates the cloud costs by bringing compute to data, instead of transmitting data to the cloud.
Comparison of cost of Picovoice Speech-to-Text against leading cloud-based alternatives.
Picovoice STT guarantees zero latency and reliability and prevents delays by cutting the dependency on connectivity to process voice data.
Picovoice publishes an open-source reproducible benchmark for its STT engines as well to showcase they match the accuracy of major cloud providers. 
Comparison of accuracy of Picovoice Speech-to-Text against leading cloud-based alternatives.
STT engines can be customized on Picovoice Console to boost accuracy even more. For example, while a medical device company can customize the model with medical terms, a media company can do it with celebrity names on Picovoice Console.
Enterprises can choose Leopard for non-streaming use cases and Cheetah for real-time transcription. The starter tier for up to 10,000 hours costs $999/month and gives enterprises access to both of the engines. Customers with a volume above 10,000 hours per month can contact sales for custom quotes. More information is on Picovoice’s pricing page.