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designed to unlock the value in iVoice's interactive voice recognition (IVR) software technology by transferring this technology to an independent public company. IBM's DirectTalk is a voice processing platform that brings expanded functionality to Interactive Voice Recognition applications, including advanced speech recognition and the VoiceXML standard for voice-enabling the Web. Examples of specific steps taken include increased use of the Department of Housing and Urban Development's (HUD's) credit alert interactive voice recognition system, which screens applicants to identify those who defaulted on previous HUD loans. |
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