As the world's premier supplier of speech output solutions to the automotive and portable navigation industries, SVOX sells its products to customers in more than 20 countries. The company's customer list comprises names such as Audi, Chrysler, BMW, Destinator, Elektrobit, Medion, Mercedes-Benz, Navigon, Nissan, Nokia, Porsche and Volkswagen.
SVOX has been profitable since 2005 and has been expanding its product range into more and more embedded applications. Volker Jantzen explains: "We are proud of our close interaction with our customers. To best fulfill their requirements is our mission". For this reason, SVOX recently added speech recognition and the revolutionary HMM-based TTS product SVOX Pico to its offerings.
Currently, the company forecasts an increase in revenues of more than 50 percent for 2008, and plans to hike its investments in research and development accordingly.