Best Speech to Text Software for ElevenLabs

Best-in-Market Speech-to-Text & Voice AI for Enterprises. Speechmatics delivers industry-leading Speech-to-Text and Voice AI for enterprises needing unrivaled accuracy, security, and flexibility. Our enterprise-grade APIs provide real-time and batch transcription with exceptional precision—across the widest range of languages, dialects, and accents. Powered by Foundational Speech Technology, Speechmatics supports mission-critical voice applications in media, contact centers, finance, healthcare, and more. With on-prem, cloud, and hybrid deployment, businesses maintain full control over data security while unlocking voice insights. Trusted by global leaders, Speechmatics is the top choice for best-in-class transcription and voice intelligence. 🔹 Unmatched Accuracy – Superior transcription across languages & accents 🔹 Flexible Deployment – Cloud, on-prem, and hybrid 🔹 Enterprise-Grade Security – Full data control 🔹 Real-Time & Batch Processing – Scalable transcription 🚀 Power your Speech-to-Text and Voice AI with Speechmatics today!

ElevenLabs has unveiled Scribe, a cutting-edge Automatic Speech Recognition (ASR) model that aims to provide remarkably accurate transcriptions in 99 different languages. This innovative system is tailored to effectively manage a wide range of real-world audio situations, featuring capabilities such as word-level timestamps, speaker identification, and audio-event tagging. In benchmark evaluations like FLEURS and Common Voice, Scribe has outperformed leading models, including Gemini 2.0 Flash, Whisper Large V3, and Deepgram Nova-3, achieving impressive word error rates of 98.7% for Italian and 96.7% for English. Additionally, Scribe shows a significant reduction in errors for languages that have often faced challenges, such as Serbian, Cantonese, and Malayalam, where competing models frequently report error rates above 40%. Furthermore, developers can easily incorporate Scribe into their applications via ElevenLabs' speech-to-text API, which returns structured JSON transcripts enriched with comprehensive annotations. This level of accessibility and performance is set to revolutionize the field of transcription and enhance the user experience across various applications.

Spokenly is an innovative dictation application powered by AI, available for Mac, iPhone, Windows, and Linux, designed to convert spoken words into clear, punctuated text in any working environment. By simply holding a shortcut, users can speak naturally and then release to insert the transcription directly at the cursor across various platforms including browsers, email, chat applications, word processors, IDEs, terminals, and more. This versatile app accommodates over 100 languages, supporting mixed-language dictation, and provides both local and cloud-based speech-to-text models. Users can utilize on-device models like Whisper and Parakeet for offline operation, while cloud services from companies such as OpenAI, Deepgram, Groq, Soniox, and ElevenLabs can be accessed for enhanced accuracy or real-time transcription needs. Additionally, the Local Only Mode ensures that voice data remains solely on the device, preventing any network interactions. The application features modes that allow users to save different transcription models, select AI providers, set prompts, and choose output styles tailored for specific tasks. Furthermore, the AI Instructions feature enables users to eliminate filler words, correct grammar and punctuation, summarize, rewrite, translate, or reformat the dictated text, enhancing the overall functionality and user experience of the app. With its extensive capabilities, Spokenly stands out as a comprehensive solution for anyone looking to streamline their dictation process.