This article originally appeared on Walla and was translated from Hebrew.
Verbit, which develops and manages a verbal intelligence platform, announced the appointment of Simon Rapoport as CTO, Chief Technology Officer.
Simon has many years of experience as a technology manager and leader of development teams. He served in his most recent role as CTO at AudioCodes for the VICA Product Line and before that as CTO and VP of R&D at Callverso, VP of Development at MyHeritage and CTO at Poly Information. Simon holds a BA in Business Administration and Computer Science from Tel Aviv University.
Verbit performs transcription in real-time using a combination of Artificial Intelligence and human intelligence. Verbit’s technology knows how to decipher any accent, identify terms in various professional fields, filter out background noise and more. The technology helps to convey the exact meaning of what was said and helps organizations, among other things, in accessing information and documentation. The platform provides insights which are added to the recorded text, including summaries, highlighting keywords and providing suggestions for titles and possible questions to ask.
The company was established in 2017 and operates from offices in Israel, the US, the UK, Ukraine and Canada. Verbit has over 3,000 customers, including some of the largest organizations in the world in the fields of media, technology, higher education, legal and more, including networks like Fox, CNN and NBC, universities like Harvard, Stanford and London Business School, companies like Coursera and Kaltura and more.
Since the beginning of the year, Verbit has launched a series of technological innovations, including Captivate, a breakthrough transcription technology that provides precise solutions that can be adapted to the specific needs of each client, a legal real-time solution, which performs Artificial intelligence-based automatic transcription of legal discussions for lawyers across the US and crafted a strategic partnership with ENCO which gives Verbit’s media customers a variety of options for hardware encoders and subtitles in the cloud.
“I welcome the addition of Simon Rapoport to the team, and both the management and I are certain that his rich experience will help the company a lot,” said Yair Amsterdam, CEO of Verbit. “Simon’s rich experience will contribute to the development and growth of Verbit, especially in the development of AI-based solutions.”