Speech Processing Solutions is an international electronics company headquartered in Vienna, Austria, specializing in professional dictation and speech recognition solutions. Formerly part of Philips, the company designs, develops, manufactures, and markets a range of products including dictation devices like Philips SpeechMike and software such as Philips SpeechExec and SpeechLive. They are considered a global leader in AI-powered, voice-driven documentation, serving over four million users across 50+ countries in industries like legal and healthcare. The company, which traces its innovation history back to 1954, was formed as an independent entity in 2012 and is privately held.