Story image

Kiwi startup impresses at Demo conference

05 Mar 2012

No-one ever wants to go first when presenting to a room full of people, but that was the slot kiwi company TranscribeMe drew for their alpha pitch to the Demo Asia startup conference, held in Singapore last week.

However, company founder Alexei Dunayev (pictured with TranscribeMe Asia managing director Chengxi Tang) soon had the audience impressed when he announced he would be offering transcripts of every other pitch at the conference, for free, via his company’s forthcoming mobile app.

Scheduled for launch in the middle of this year, the TranscribeMe app has a 98% accuracy rate, and operates through a cloud-based crowdsourcing system that keeps costs down, allowing TranscribeMe to charge much less than current competitors.

SG Entrepreneurs writer Terence Lee described Dunayev’s pitch as ‘among the most promising ones’ at the conference.

"Alexei and his team is definitely on to something here,” Lee writes.

"They’ll be able to generate revenue quickly, and hopefully get some funding for expansion.”

This was the first time the Demo event had been held in Asia; TranscribeMe attended with the help of Microsoft’s BizSpark startup resourcing programme.

Pictured at the Demo conference, from left: Catherine Eibner, Microsoft Australia; Thiago Almeida, Microsoft NZ; Alexei Dunayev, TranscribeMe CEO; Chengxi Tang, TranscribeMe Asia managing director; Eugene Fabian, Microsoft Singapore.

50 million tonnes of e-waste: IT faces sustainability challenges
“Through This is IT, we want to help people better understand the problem of today’s linear “take, make, dispose” thinking around IT products and its effects like e-waste, pollution and climate change."
Vocus & Vodafone unbundle NZ's fibre network
“Unbundling fibre will provide retail service providers with a flexible future-proofed platform regardless of what tomorrow brings."
IDC: A/NZ second highest APAC IoT spenders per capita
New IDC forecast expects the Internet of Things spending in Asia/Pacific excluding Japan to reach US$381.8 Billion by 2022.
Xero launches new data capture product in NZ
“Data automation is the fastest growing app category on the Xero app marketplace so we know there is a hunger for these types of tools."
Security flaw in Xiaomi electric scooters could have deadly consequences
An attacker could target a rider, and then cause the scooter to suddenly brake or accelerate.
Four ways the technology landscape will change in 2019
Until now, organisations have only spoken about innovative technologies somewhat theoretically. This has left people without a solid understanding of how they will ultimately manifest in our work and personal lives.
IDC: Top 10 trends for NZ’s digital transformation
The CDO title is declining, 40% of us will be working with bots, the Net Promoter Score will be key to success, and more.
Kiwi partner named in HubSpot’s global top five
Hype & Dexter is an Auckland-based agency that specialises in providing organisations with marketing automation solutions.