KIM (The Voice Virtual Assistant)

Team Members:

1. AKULA LAKSHMAN RAJU-E20CSE285

2. KOMALI VENKATA SHESA VAISHNAV-E20CSE273

3. VIPUL KALE-E20CSE443

4. KONDA SHRIYA-E20CSE292

5. CHIGILISETTY DIPAK-E20CSE291

ABOUT:

KIM is an AI-powered voice virtual assistant. Artificial intelligence (AI) systems that can orchestrate a natural human-machine relationship (through voice, dialogue, gestures, facial expressions, and other means) are becoming more popular. One of the most explored and popular directions of interaction was based on the machine’s interpretation of real human language. Instead of human learning to engage with a machine, a machine learns to communicate with a human by analyzing his actions, habits, and behavior in order to become his personal assistant.

MARKET DEMAND:

The Voice virtual assistant Market Segmentation has the growth according to the technology development. By the Analysis of the last five years, the improvements in technology, education, and extensive availability of voice AI technology have led to a quick adoption rate across industries and around the world developed countries.

RELEVANT PRODUCTS IN THE MARKET:

There is a PC program. Cortana is a visible Microsoft assistant that uses the Bing search engine to perform user tasks, such as creating reminders and answering questions.

TARGET CUSTOMERS:

Voice assistants are appealing to young children between the ages of 13 and 17, and they are a beneficial technology for adults and teenagers. They’ll have a good time with the assistants and have gotten into the habit of working with them. and smarten up their way of living.

REQUIRED KNOWLEDGE OR EXPERIENCE:

It is quite simple to use voice assistants since the user interface is simple to use and friendly. This allows people to understand the performance and function of the assistant. To use these aides, you’ll need some basic communication abilities.

SOLUTION FLOW CHART:

ESTIMATED BUDGET:

The development cost of a voice assistant pulls from various factors like the technology used, experience, location of mobile app developers, complexity, design tools platform, and many others.

The estimated development cost of KIM will be around 2–5 lakhs. Moreover, the integration of advanced artificial intelligence tech will increase the estimated cost of mobile apps between 25% to 40%. However, the downloads of virtual assistants are increasing rapidly. It is easy to predict the future of AI-enabled apps.

MARKETING PLAN:

According

to the research reporters, ‘Virtual assistant’ based companies have been

profiled to increasing demand by the presence of untapped market

opportunities. The limited integration of voice assistants sets to affect the

market during the period from 2019 to 2025. The research department

suggests that Voice assistants will have positive growth from the year 2019 to

2025. The market is estimated to reach

7.30 billion US dollars, Growing at a COMPOUND ANNUAL GROWTH RATE of 24.32%.

RISK ANALYSIS:

The privacy of voice assistants is a concern in the risk analysis. Few voice assistants can capture user information and media storage and media depending on terms and restrictions, but our project KIM does not set up separate media files to save search history and device files.

By the Analysis of the reporters by the CAPGEMINI RESEARCH INSTITUTE, the ability

of voice assistants to interact with industries and business matches the

rise in use and satisfaction. So, voice assistants for 2021 are evolving

quickly. Companies and Industries provide more capabilities like

advancements in natural language processing and speech recognition. Development

in the technology of voice recognition leads to moving deeper into business workflows.

MILESTONE AND TIMELINE:

The main goal of the project KIM is to create a video virtual voice assistant and a full-fledged gadget with face recognition security and additional functions such as direct ordering meals from the assistant and sending emails with an improved graphic interface.

With focused minds and a better understanding of coding and the Tkinter graphic user interface, it can be completed in one month.

CONCLUSION:

Voice Control devices use Natural Language Processing to process human language and understand the question and process the question again respond to the person with the result. Understanding of the device means that Artificial Intelligence needs to be integrated with device for device operation smart and can control IoT apps as well devices and can answer a question they will search the web with results and process it. It is designed to reduce personal efforts and control the device with Just a human voice. The device can also be built for that work with other similar voice-controlled devices IoT apps and devices, city weather reports from the Internet, send an email to a client, add events calendar, etc. Accuracy of devices can be increased using machine learning and classification questions especially the results set and used continuously questions. The accuracy of the equipment is increasing continuously over the past decade.