Apache foundation gets speech components

NEW YORK: Openstream announced today that it has contributed speech components for stock market applications to the Apache Foundation.

Companies wanting to develop stock or trading applications for the North American Stock Exchanges can use these Reuseable Dialogue Components within the IBM-Apache RDC framework.

The RDC initiative, led by IBM and its partners drives the speech and voice application business from its proprietary, vertical roots into the horizontal world of standards-based development. Speech components, called RDCs or Reusable Dialog Components, handle basic functions such as recognizing and responding to company names in brokerage and trading applications, dates or currencies.

As the speech industry continues to donate RDCs to Apache, the underlying RDC initiative is building momentum. The demonstration of an active community around RDCs has led the Apache Jakarta project to vote to move RDCs from sandbox status to supported project status.

This is a significant step toward mainstream adoption and further proof that the ecosystem sees industry value in moving in this direction. These open source initiatives help the speech industry achieves easier, faster, cheaper creation and deployment of speech applications leading to reduced cost and improved customer service.