Transcription has become one of the most sought after and very lucrative businesses in today’s world. Transcription, simply, is the process of converting audio file into text format for varied reasons. The person who does this conversion is called a ‘Transcriptionist’. A transcriptionist listens to a given audio and converts it into text depending on client requirements. Transcription can be done either direct as being present at a given event or through recorded audio files.
Transcription can be broadly divided into 3 main categories:
- Verbatim Transcription
- Edited Transcription
- Intelligent Transcription
Let me take you briefly through these to acquaint you with the subtle difference among them.
Verbatim Transcription: As the name itself tells, it is all about exact word-to-word conversion of audio into text. This also involves the mumblings, half sentences and emotions that might have been used during the event. Eg: “hmmm, I mean, kinda….etc.” From a transcriptionist point of view, this process involves a lot of time and effort to achieve the desired accuracy. Hence it is a very expensive and well paid process. This format is used commonly for legal proceedings and financial events where every word is important.
Edited Transcription: As the name explains, these transcripts can be mildly edited. It is similar to Verbatim, but here the mumblings and the emotions can be edited. One has to listen to the audio and try to get the gist of the speech or seminar without changing the meaning and transcribe it into relevant text. For processing edited transcripts, transcriptionists need to have a good command over language and a greater level of understanding of the concept. It is time consuming too, but less in comparison with Verbatim Transcription. This is also a well-paid process. This is a generally used format for transcription in seminars, conferences, public speeches, etc.
Intelligent Transcription: As the name suggests, it is the kind where transcriptionists ignore unwanted terms and words used in the talk which does not mean anything. As these words add no value to the content, they can be left out of the final transcribed text. This process takes less amount of time as compared to the other two formats. Mild rephrasing is allowed in this format.
Depending on the end users’ budget, turnaround time and other requirements; one of these transcription process is chosen. Though they have their own pros and cons, each format is useful in its own way. Transcription is a very interesting and well established business. It is sought out more because of the flexibility of getting it done even from the comfort of our home.