Archive

At VIQ, our disruptive technologies are making news everyday. Stay on the pulse of company innovations by reading about product releases, earnings & more.

VIQ Solutions Announces New CFO, Cements Strong Executive Leadership Team Following Record Pro forma Revenue Growth in 2018

Today VIQ announced the appointment of Alexie Edwards as Chief Financial Officer, following the upcoming retirement of George Kempff. For the past six years, Mr. Edwards had a significant role in the growth of Jonas Software, one of the largest software divisions of Constellation Software, where he was Vice President Finance and enabled substantial shareholder value. His appointment as CFO completes a strong executive management team by bringing his background as a highly experienced financial technology executive to the table.

April 25, 2019

VIQ Solutions Launches its Transforming Transcription Platform, AI-enabled NetScribe™

Today VIQ announced that NetScribe, its robust cloud-based transcription platform for major insurance, court and law enforcement customers, will be released over the next few weeks. Built with VIQ’s AI based speech-to-text technology, NetScribe will significantly increase human transcriptionist efficiency, decrease turn-around times and yield higher transcription accuracy. “Our customers will benefit from exceptionally accurate documentation and be able to access drafts more quickly than ever before,” says GA Morin, VIQ Chief Information Officer.

April 2, 2019

VIQ Solutions CEO to Speak at the Ladenburg Thalmann Technology Expo 2019

CEO Sebastian Paré will be a speaker at the exclusive conference of institutional and high net worth investors to discuss VIQ’s integrated technologies and services that have the power to transform the traditional, highly fragmented transcription industry. He will also comment on VIQ’s growth in the judicial, insurance and law enforcement sectors and discuss innovative, new products like VIQ’s NetScribe™, MobileMic Pro™ and aiAssist™.

March 26, 2019

VIQ Solutions Strengthens Cybersecurity and Analytics in Upcoming Software-as-a-Service Releases

The new update to VIQ’s cloud and subscription-based services will employ the best available defenses against ever-evolving cyber threats. These releases will deliver innovative and dependable solutions, plus offer higher levels of protection and audit capabilities — a critical feature as captured content increasingly moves to off-premise infrastructure. VIQ’s enhanced cybersecurity measures ensure customers have secure content and confidential information protection all day, everyday.

March 20, 2019

VIQ Solutions Adds Executives to the Leadership Team to Drive Growth Strategy and Integration of Newly Acquired Services Organization

Today VIQ announced the appointment of Gilles-André Morin as Chief Information Officer and Laura Serrano-Haggard as Chief Marketing Officer.

Morin and Serrano-Haggard join VIQ Solutions’ executive leadership team to accelerate the integration of recent accretive acquisitions, ramp sales and adoption of new cloud-based technology, designed to change the way legal, law enforcement, and insurance organizations capture, analyze, transcribe and communicate audio and visual information.

January 31, 2019

VIQ positioned for continued growth and transformation in 2019, ends year with significant wins in the US and EMEA markets

“This was a landmark year of transformation for VIQ,” said Sebastien Paré, President and CEO of VIQ. “I’m extremely proud of what we achieved in 2018 having entered the year with a recurring revenue run-rate of approximately $10M USD, and I am even more excited about the prospects for 2019 as we enter the year with $23M USD in recurring annual revenue with the opportunity to improve VIQ’s growth profile and operating margins through a combination of sales growth, expense efficiencies, expanded customer service, cross-selling opportunities, accelerated technology sales and additional strategic acquisitions.”

January 8, 2019

VIQ Solutions Accelerates M&A Strategy, Announces Acquisition of Two US Insurance Documentation Solution Providers

“We are pleased to welcome Transcription Express and HomeTech to VIQ Solutions,” said Sebastien Paré, President and CEO of VIQ. “The addition of these industry leaders and the volume of recordings they transcribe will significantly expand the addressable content of our AI services and generate new value for all our customers.”

December 24, 2018

VIQ Announces Multi-Year Technology Contract for Spark & Cannon with Victoria Police

“Spark & Cannon is entrusted to transcribe more than 300 million words each year under concurrent multi-year government transcription contracts in Australia,” said Sebastien Paré, President and CEO of VIQ Solutions. “With the expansion of our service offering to include capture technology for Victoria Police, we are providing them a true end-to end solution.”

December 11, 2018

VIQ Solutions Reports Third Quarter Results and Provides Operational Update

“The Company continued its transition to SaaS and artificial intelligence-based revenue from its new products,” stated Sebastien Paré, VIQ President and CEO. “Growing customer acceptance strengthens VIQ’s recurring revenues and growing market presence while scaling up the transition.”

November 29, 2018