Every year, Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry
Based on its recent research on the market for predictive text, Frost & Sullivan presents WordLogic Corporation with the 2014 North American Frost & Sullivan Award for Enabling Technology Leadership. The US-incorporated WordLogic Corporation has developed the WordLogic Predictive Engine for mobile and wearable devices, which powers its context-aware applications such as WordLogic Reach and WordLogic iKnowU.
The iKnowU(R) is a predictive keyboard that makes typing easier, faster and more accurate for mobile users. It predicts the most likely letters, words and phrases, which significantly reduces the number of keystrokes needed to complete any text. It also continuously learns new words and phrases, as well as the context of the words.
WordLogic's Cloud Sync technology keeps all of the user's devices synchronized with the learned words, while the Bulk Loader tool is able to learn the user's preferred usage of words from his or her Twitter, Facebook, email accounts, or previous texts and documents.
The second Predictive Engine product, the patent-pending Reach, is a semantically aware system that monitors what the user is typing and retrieves additional information that might be needed. Reach acts as a continuous search engine for new and useful information and presents it in a nonintrusive way. The user then can rapidly and easily add the information to anything they are working on.
"Reach offers significant flexibility in accessing various apps and resources within the mobile device, as well as from resources on the Web or within the enterprise," said Frost & Sullivan Research Analyst Sathya Vendhan. "Alternative solutions require users to close their existing applications to open/access any other app's information and then cut and paste that information into the document or message they were composing. With Reach, they can complete all these actions simultaneously without ever leaving their current app."
All customers of mobile devices can benefit greatly from the improved accuracy and reduction in effort for typing any text. Most importantly, customers with disabilities or difficulties, such as dyslexia, can benefit from the technology's ease of use, as it takes the fewest number of keystrokes to type out messages.
Besides that, Reach can also retrieve contact information, meeting dates and locations, find local restaurants or services, attach images, perform unit conversions, and get currency conversions or the latest stock quotes. It creates an additional revenue stream for WordLogic by allowing advertising and marketing companies to deliver targeted, context-specific and location-aware content to users.
Prediction Engine embedded in digital appliances and wearable technologies
The WordLogic prediction technologies are expected to have a huge impact on verticals such as healthcare, legal, insurance, consulting and journalism, which produce voluminous documents and reports and use complex terms. Within one to two years, Frost & Sullivan expects the WordLogic Prediction Engine and the associated technologies to be embedded in digital appliances and wearable technologies. Its context-aware abilities will allow the systems to read user preferences with respect to consumer electronics, such as set-top boxes and remote-controlled systems.
"At a time when mobile computing is growing at breakneck speed and phone manufacturers are looking to stand out from the clutter, WordLogic's array of technologies and robust intellectual property portfolio make it an ideal partner for tier-one mobile device manufacturers," noted Sathya. "Smaller-form mobile and wearable computing devices, including watches and glasses, will also benefit from WordLogic's innovations, such as text prediction and its ability to quickly find relevant information tied to the text all within a market-leading small footprint."
Frost & Sullivan expects WordLogic's technically impressive WordLogic Predictive Engine and its associated products, iKnowU and Reach, to find considerable traction in various industries. Its key competitive advantages, such as word and phrase prediction capabilities, context-aware advertising model, simpler integration, increased speed and accuracy, and reduced costs, are expected to make WordLogic a market leader in predictive keyboards and continuous search categories.