10 Best AI Video Transcription Software for 2023 (Free + Premium)

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What You’ll Be Creating

AI transcription, also known as video transcription AI, is a remarkable technology. It turns audio and video into written text. It’s used by businesses, journalists, and students. It could be used to transcribe interviews, lectures, and create subtitles.

The best transcription software makes the process easy and accurate. These tools have helpful features like auto-editing. It also includes voice recognition, and support for different languages. To choose the right one, you’ll want to about how well it works, and the languages it supports. You’ll also want to consider the features it offers, and the price.

This article explores the top AI transcription programs in 2023. It discusses their special features and costs so that you can make an informed decision.

Sonix Website Thumbnail ImageSonix Website Thumbnail ImageSonix Website Thumbnail Image
Sonix Website Thumbnail Image

Summary

Sonix stands out as one of the finest online audio and video transcription software available. It boasts top-notch algorithms that use the power of transcription AI to convert audio and video files into text. With support for over 38 languages, Sonix ensures a wide reach of accessibility.

This remarkable software offers more than just transcription capabilities. It provides robust search, editing, and sharing features. Making it a valuable tool for managing media files. Additionally, Sonix caters to enterprise needs with its real-time transcription feature. Sonix also provides an automated speech-to-text transcription service that is rapid and precise.

Pros:

  • Industry-leading speech-to-text algorithms
  • Convert audio & video files to text in 38+ languages
  • Powerful search, edit, and share feature for media files
  • Real-time transcription built for the enterprise
  • Automated speech to text transcription service that is fast and accurate

Cons:

Pricing

Sonix offers several pricing options:

  • Standard: Pay-as-you-go transcription at $10 per hour. Ideal for project-based work.
  • Premium: Subscription plan at $5 per hour plus $22 per user/month (save 25% if billed annually). Includes advanced collaboration tools.
  • Enterprise: High volume transcription with advanced user controls and billing options. For pricing, please contact the Sonix enterprise team.
Otter.Ai Website ThumbnailOtter.Ai Website ThumbnailOtter.Ai Website Thumbnail
Otter.Ai Website Thumbnail

Summary

Otter.ai, or Otter Voice Meeting Notes, is a remarkable automatic transcription service. It utilizes the power of artificial intelligence and language processing. This platform offers convenient applications for Android, iOS, and web browsers. It caters to business professionals attending meetings. It also is a great option for individuals engaged in lectures or classes.

Otter.ai delivers intelligent, and customizable text transcripts in real time. It goes beyond simple transcription with editing, sharing, and highlighting conversations. Additionally, users can enhance their transcripts by adding photos. They can also expand their vocabulary with industry-specific words. When it comes to video transcription AI, Otter.ai stands as one of the best options available.

Pros:

  • Automatically captures and transcribes conversations in real time​.
  • Provides text transcripts that are intelligent, versatile, and customizable​.
  • Accurate transcription service that continues to learn and improve over time​.
  • Easy to use interface with easy-to-use editing and search functions​.
  • Integrates with Zoom for recording audio and transcribing video files and meetings​.
  • Conversations can be exported in a variety of files including PDF or caption files​.

Cons:

  • Transcription function may not perform as well in larger, echoing spaces with distractions.​
  • Transcription of edited podcast interviews and similar content may require significant editing before it’s publishable​.
  • Certain features, like snapping photos and generating keywords, are locked behind the business pricing tiers​.

Pricing

Otter.ai offers several pricing options:

  • Basic Plan: Free, 600 minutes of transcriptions per month.
  • Pro Plan: $10 per month, 6,000 minutes of transcriptions per month.
  • Business Plan: $20 per month, 12,000 minutes of transcriptions per month. 
Fireflies.Ai Website Thumbnail ImageFireflies.Ai Website Thumbnail ImageFireflies.Ai Website Thumbnail Image
Fireflies.Ai Website Thumbnail Image

Summary

Fireflies.ai is your ai transcription companion. It’s always ready to lend a helping hand in keeping your meetings organized. This tool boasts the ability to automatically record and transcribe discussions. Whether they take place in meetings, calls, or interviews. It works great with Zoom, Google Meet, or Microsoft Teams.

Fireflies.ai comprehends and transcribes speech in multiple languages. It also helps users locate specific sections within their meeting transcripts. It embodies the spirit of teamwork. It does this by facilitating seamless note-sharing and collaborative efforts among colleagues. When it comes to video transcription AI, Fireflies.ai shines as one of the best transcription software choices available.

Pros:

  • It can automatically record and write down your meetings.
  • It works well with popular video tools like Zoom, Google Meet, and Microsoft Teams.
  • It can understand and transcribe many languages.
  • It lets you search through your meeting transcripts easily.
  • It has features that make working as a team easier.

Cons:

  • How well it writes down what’s being said can depend on how clear the sound is.
  • It doesn’t let you change the way the transcripts look very much.
  • The free version doesn’t come with all the features.

Pricing

Fireflies.ai offers three pricing options:

  • Free: No cost, offers basic transcription and meeting recording features with limited storage (800 minutes per seat)​.
  • Pro: $10 per seat/month, includes advanced features like AI summaries and unlimited transcriptions, with increased storage (8000 minutes per seat)​.
  • Business: $19 per seat/month, provides unlimited storage and additional features like video recording and conversation intelligence​.
  • Enterprise: Custom pricing, offers everything in Business plus personalized speech models and dedicated account management.
Transkribieren Website ThumbnailTranskribieren Website ThumbnailTranskribieren Website Thumbnail
Transkribieren Website Thumbnail

Summary

Transkribieren harnesses the power of AI to swiftly transform audio into text. Its speed, accuracy, and user-friendly nature make it an excellent choice. This service supports various audio formats, including mp3, mp4, and wav. It caters to the needs of businesses, researchers, and individuals for interviews or meetings. As an AI video transcription solution, it stands as one of the best transcription software options available.

Pros:

  • Supports multiple languages​
  • Simple to use​
  • Quick at transcribing​
  • Works with different audio formats​

Cons:

  • Not many integrations with other tools
  • No features for team collaboration
  • Pricing info isn’t easy to find on the website

Pricing

  • Discover: This plan is free and lets you try out Transkribieren. You get one hour of transcription a month and support via email. It supports 57 languages.
  • Ascent: This plan is $19.9 a month and gives you 20 hours of free transcription a month. It also includes email support. Soon, it’ll let you edit transcriptions in the browser, export to Word, and use AI actions.
AI Transcription by Riverside Website ThumbnailAI Transcription by Riverside Website ThumbnailAI Transcription by Riverside Website Thumbnail
AI Transcription by Riverside Website Thumbnail

Summary

Riverside is an impressive tool. It simplifies the process of recording, editing, and transcribing podcasts and live streams. It has a user-friendly interface and powerful capabilities. This ensures a seamless experience for content creators. It excels in remote recording. It delivers exceptional audio quality even when recording from different locations. Its cutting-edge features leverage the power of transcription AI. This streamlines the content creation journey.

Riverside offers a intuitive user-friendly interface. A notable advantage of using Riverside is its continuous auto save functionality. This ensures that your progress remains intact even in the face of unexpected computer crashes.

Pros:

  • Fast and accurate transcriptions in over 100 languages
  • Intuitive interface
  • High transcription accuracy
  • Speaker detection feature
  • Free transcription for up to 10 minutes of audio or video content per month
  • High-quality local recording for audio and video
  • Auto transcription and text-based editing for efficient post-production
  • Continuous saving feature to prevent data loss

Cons:

  • Limited free transcription time per month
  • The quality of the final product is dependent on the equipment used

Pricing

Riverside offers several pricing options:

  • Free Plan: 10 minutes of audio or video content per month for free
  • Pro Plan ($9/month): Unlimited transcription time with a 1-hour turnaround time
  • Business Plan ($19/month): Unlimited transcription time with a 30-minute turnaround time
  • Discount: 20% off with code ‘wit and wire’ at checkout
Trint Website ThumbnailTrint Website ThumbnailTrint Website Thumbnail
Trint Website Thumbnail

Summary

Trint, powered by video transcription AI, swiftly converts audio and video into written text. This caters to the needs of journalists, students, and busy businesses. It offers a time-saving solution for extracting words from sound without excessive effort. Trint excels at handling straightforward audio transcriptions. Enhanced by its robust text editor and a sleek mobile app for convenience on the go. It possesses the capability to add closed captions to both video and audio files. This makes it a versatile tool for video transcription AI needs.

Pro’s:

  • Transcribes simple recordings accurately
  • Has a powerful online editor
  • Provides a slick and responsive mobile app
  • Adds closed captioning to video and audio files​

Con’s:

  • It’s expensive
  • Has poor accuracy for complex files
  • Needs more sharing tools in the app interface​​

Pricing

Trint offers several pricing options:

  • Starter Plan: $60 per user/month or $576 per user/annually, up to 3 users, 7 file uploads for transcription per month, advanced editor tools, transcribe and translate in up to 54 languages
  • Advanced Plan: $75 per user/month or $720 per user/annually, includes everything in Starter, plus unlimited transcription and translation, secure shared workspaces, and unlimited guest invitations for file review
  • Enterprise Plan: Custom pricing, includes everything in Advanced, plus live transcription via web and mobile apps, API integration, access to analytics, reporting, and user management with SCIM, a dedicated Customer Success Manager, and exclusive early access to new features
Noty.Ai Website Thumbnail ImageNoty.Ai Website Thumbnail ImageNoty.Ai Website Thumbnail Image
Noty.Ai Website Thumbnail Image

Summary

Noty.Ai, an exceptional AI-driven transcription service. It offers a seamless conversion of audio and video content into written text. All while identifying key points, highlights, and action items. This versatile tool caters to professionals, businesses, and content creators alike. It provides a range of valuable features. It employs speaker recognition technology, and timestamps. It integrates with popular platforms such as Zoom and Google Meet.

When it comes to the best transcription software options available, Noty.Ai stands out. It has a proven ability to provide efficient and accurate AI video transcription. It simplifies the process of transforming multimedia content into readable text. This empowers users to extract valuable insights and take decisive actions.

Pros:

  • Accurate AI-powered transcriptions
  • Identifies key points and action items
  • Speaker recognition and timestamps
  • Integrates with popular video conferencing tools

Cons:

  • No collaboration features for teams
  • Limited customization options for transcripts
  • Free trial has limited features

Pricing

Noty.Ai offers three pricing options:

  • Hero (Free): 1 team member, 10 conversations per user/month, max conversation duration 40 minutes, includes transcript editing, teamspace, AI summarisation, notification system
  • Superhero ($14.99/user/month – Quarterly, $19.99/user/month – Monthly): Up to 20 team members, 80 conversations per user/month, unlimited max conversation duration, includes all features from Hero plan
  • Enterprise (Custom pricing): 20+ team members, unlimited conversations, unlimited max conversation duration, includes all features from other plans
Transcribethis.io Website Thumbnail ImageTranscribethis.io Website Thumbnail ImageTranscribethis.io Website Thumbnail Image
Transcribethis.io Website Thumbnail Image

Summary

Transcribethis.io is your ultimate lifesaver. It provides respite from the tedious task of transcription. Powered by AI, it works swiftly and cost-effectively. This tool rivals human transcription while maintaining exceptional accuracy. With the ability to transcribe in nearly 60 languages. It tackles any linguistic challenge.

Using Transcribethis.io is a breeze. Just upload your audio file, and watch the magic unfold. In no time at all, you’ll receive a reliable transcription. Rest assured, your privacy is a top priority. Transcribethis.io deletes your data once the job is completed.

Pros:

  • Lightning-fast and sharp as a tack AI-driven transcriptions​
  • No need to tell who’s talking, it can figure it out on its own
  • Works with a boatload of languages​
  • User-friendly transcript editor
  • Your data’s safe and sound​

Cons:

  • Not too chummy with other tools
  • Lacks teamwork features
  • You’ve got to dig a bit for the price

Pricing

Transcribethis.io has a of options for you:

  • Transcribe 1,000: For $299.99 a month, you can transcribe up to 1,000 minutes of audio in any language, complete with a full transcript and a summary every 10 minutes​.
  • Transcribe 5,000: For $999.99 a month, you get up to 5,000 minutes of transcription in any language, a full transcript, and a summary every 10 minutes. If you’re not satisfied, you can get a full refund within 72 hours​. 
MeetGeek Website Thumbnail ImageMeetGeek Website Thumbnail ImageMeetGeek Website Thumbnail Image
MeetGeek Website Thumbnail Image

Summary

MeetGeek, like a helpful assistant at your side, manages and organizes your meetings with the power of AI. It records and transcribes your meetings, provides summaries, and integrates with popular video platforms like Zoom and Google Meet. With its analytics, you can see how to make your meetings more productive. Plus, you can search your meetings for specific topics and jump right to that part in the video. It’s like having all your meetings at your fingertips, ready to review whenever you want.

Pros:

  • Automatically records and transcribes meetings
  • Gives summaries and insights to improve your meetings
  • Works with popular platforms like Zoom and Google Meet

Cons:

  • Audio quality may affect transcription accuracy
  • Not much to customize transcripts
  • Doesn’t say what languages it supports

Pricing

MeetGeek offers three pricing options:

  • Basic Plan: It’s free, provides 5 hours of transcription per month and 3 months of transcript storage.
  • Pro Plan: Costs $15 to $19 per month, intended for professionals and small teams.
  • Business Plan: Costs $29 to $39 per month, suitable for innovative teams and businesses.
  • Enterprise Plan: Custom pricing, you need to contact MeetGeek. Offers unlimited transcription and storage with added features like brand customization and dedicated support​.
Verbit.ai website thumbnail imageVerbit.ai website thumbnail imageVerbit.ai website thumbnail image
Verbit.ai website thumbnail image

Summary

Verbit is an AI-based transcription and captioning service that provides the highest accuracy and fastest turnaround time for the lowest cost. It offers a variety of online transcription services, including live captioning, real-time transcription, closed captioning, video transcription, and more. Verbit also provides enterprise video platforms with interactive components, searchable video and captions to help businesses boost productivity by offering searchable transcripts of meetings, calls and lectures.

Pros:

  • Highest accuracy & fastest turnaround time for the lowest cost
  • Variety of online transcription services
  • Live captioning & real-time transcription software
  • Video transcription
  • Enterprise video platforms with interactive components, searchable video and captions
  • Boost workplace efficiency with searchable transcripts

Cons:

  • Limited customization options

Pricing

Unfortunately, Verbit does not offer pricing on its website. You can submit a quote request by clicking Here.

IBM Watson Website ThumbnailIBM Watson Website ThumbnailIBM Watson Website Thumbnail
IBM Watson Website Thumbnail

Summary

IBM Watson Speech to Text, is what many refer to as the grand- for modern Ai Transcription. This powerful tool lives in the cloud. It serves as a helpful assistant when you need to turn spoken words into written ones. This system is trained with an understanding of language and sound leads the industry.  It’s a tool that understands many languages and can easily work with other parts of the IBM Cloud. Plus, it can figure out who’s talking in a conversation and cut through noise to hear what’s being said​.

Pro’s:

  • It’s swift and accurate when transcribing spoken words into written text.
  • It can be trained to understand specific languages, grammar, and sounds.
  • It’s available as an API, which means it can be used in a lot of different ways​1​.

Con’s:

  • It can be more expensive than similar services from AWS or Google.
  • It doesn’t always do the best job of figuring out who’s speaking in a conversation​1​.

Pricing

Watson Speech to Text offers the following pricing options:

  • Lite: Free plan with 500 minutes of free speech recognition per month.

  • Plus: Plan starting at as low as USD 0.01 per minute. Allows you to tune your speech models to improve accuracy in recognition and transcription.

  • Premium: Contact IBM for pricing . Provides and security-sensitive firms with more capacity and data protection.

  • Deploy Anywhere: Contact IBM for pricing details. Allows you to deploy the service behind your firewall or on any cloud.

So, whether you’re a business looking to analyze hours of customer service calls or an individual looking to transcribe a personal interview, IBM Watson Speech to Text is a versatile and capable tool. However, please note that it may require some technical know-how to get the most out of it. If you’re up for the task, it’s a tool worth considering.

Conclusion

As AI continues to advance, transcription software is becoming increasingly powerful. From real-time transcription to live captioning and searchable video transcripts, the best AI video transcription software can help you improve your productivity and save time.