Case I: iFLYTEK: A Technology Innovator’s Journey from Intelligent Speech to Artificial Intelligence

Xiaoming Zhu ()
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Xiaoming Zhu: China Europe International Business School

A chapter in Emerging Champions in the Digital Economy, 2019, pp 67-89 from Springer

Abstract: Abstract In 1999, riding the wave of speech recognition, iFLYTEK started off as a provider of speech synthesis technology. After nearly ten years of exploration and development, iFLYTEK became the forerunner in China’s intelligent speech technology and market, and was listed on the A-Share market in 2008. Along with the evolution of underlying algorithm and the development of mobile Internet, iFLYTEK gathered new momentum of growth by transforming into a speech service platform. It introduced iFLYTEK Voice Cloud in 2010 and its market capitalization exceeded 40 billion RMB. The rise of AI technology in recent years prompted the company to embark on its second entrepreneurial journey by launching the Hyper Brain Project. Confronted with new opportunities, what challenges will iFLYTEK face and how can it make further innovation?

Date: 2019
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DOI: 10.1007/978-981-13-2628-8_2

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