Speech processing and converting it into readable data develops in two major directions:  Front-end speech recognition. It is also known as speech recognition (SR) in real-time mode: it embraces software that works live and enables users to speak into the screen that will record and convert the speech into readable format. Back-end recognition. It involves consumers’ speaking into a handheld gadget, which performs recording. It types up the spoken words, and then both audio files and transcriptions are sent to human assistants for editing.