Nuance Communications provides voice recognition and natural language understanding solutions worldwide. It operates through four segments: Healthcare, Mobile, Enterprise, and Imaging. The Company offers transcription solutions, dictation software, clinical document improvement and coding solutions, diagnostic, professional and personal productivity solutions. It also provides virtual assistants and connected services built on voice recognition, text-to-speech, natural language understanding, dialog, and text input technologies. The Company's Enterprise segment offers On-Premise solutions and services, an automated customer service solution; and On-Demand multichannel cloud, a platform that offers enterprises the ability to implement automatic customer service. The Imaging segment provides multi-function printer (MFP) Scan automation solutions, and PDF and OCR software. 

Employee Rating

3.2More
TypePublic
HQBurlington, US
Founded1992
Size (employees)10,400 (est)-10%
Websitenuance.com
Nuance was founded in 1992 and is headquartered in Burlington, US
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Key People/Management at Nuance

Mark Benjamin

Mark Benjamin

CEO
Dan Tempesta

Dan Tempesta

Executive Vice President and Chief Financial Officer
Satish Maripuri

Satish Maripuri

Executive Vice President and General Manager, Healthcare Division
Al Monserrat

Al Monserrat

Executive Vice President and General Manager, Document Imaging Division
Robert Weideman

Robert Weideman

Executive Vice President and General Manager, Enterprise Division
Stefan Ortmanns

Stefan Ortmanns

Executive Vice President and General Manager, Automotive Division
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Nuance Office Locations

Nuance has offices in Burlington, Seattle, Mahwah, Farmington Hills and in 35 other locations
Burlington, US (HQ)
1 Wayside Rd
Agoura Hills, US
29903 Agoura Rd
Atlanta, US
800 1 Glenlake Pkwy NE
Cambridge, US
675 Massachusetts Ave
Farmington Hills, US
39255 Country Club Dr
Mahwah, US
100 1111 MacArthur Blvd
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Nuance Financials and Metrics

Nuance Revenue

Nuance's revenue was reported to be $2.05 b in FY, 2018
USD

Revenue (FY, 2018)

2.1b

Gross profit (FY, 2018)

1.2b

Gross profit margin (FY, 2018), %

57.4%

Net income (FY, 2018)

(159.9m)

EBIT (FY, 2018)

(86.9m)

Market capitalization (17-Jan-2019)

4.4b

Closing stock price (17-Jan-2019)

15.4

Cash (30-Sep-2018)

316.0m
Nuance's current market capitalization is $4.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.9b1.9b1.9b1.9b1.9b2.1b

Revenue growth, %

4%0%1%0%

Cost of goods sold

766.6m844.3m829.9m829.5m853.8m873.6m

Gross profit

1.1b1.1b1.1b1.1b1.1b1.2b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

470.0m475.7m475.5m474.0m475.1m477.9m486.1m478.7m477.9m487.7m499.6m486.2m501.6m1.0b1.5b

Cost of goods sold

207.8m210.4m216.1m210.4m203.3m204.7m205.9m205.5m207.9m212.4m213.4m216.2m221.2m450.2m663.6m

Gross profit

262.2m265.3m259.4m263.6m271.8m273.2m280.2m273.2m270.0m275.2m286.2m270.0m280.5m565.7m855.1m

Gross profit Margin, %

56%56%55%56%57%57%58%57%56%56%57%56%56%56%56%
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

527.0m516.6m447.2m1.1b808.1m547.2m479.4m481.6m592.3m316.0m

Accounts Receivable

395.4m

Inventories

105.0m92.0m76.8m78.1m

Current Assets

1.4b1.2b1.0b1.0b1.3b928.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

734.7m768.3m846.9m517.8m474.7m397.1m506.7m250.7m559.1m961.6m625.6m693.6m398.5m468.6m331.3m

Current Assets

1.4b1.4b1.5b1.2b1.1b966.2m1.0b767.6m1.0b1.6b1.3b1.3b1.0b1.1b986.3m

Goodwill

3.4b3.4b3.4b3.4b3.4b3.4b3.4b3.4b3.4b3.5b3.5b3.6b3.6b3.5b3.5b

Total Assets

6.0b6.0b6.1b5.8b5.6b5.6b5.5b5.3b5.5b6.2b5.9b5.9b5.6b5.6b5.4b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(115.2m)(150.3m)(115.0m)(12.5m)(151.0m)(159.9m)

Depreciation and Amortization

63.6m61.0m63.6m62.9m234.4m210.3m

Inventories

Accounts Payable

(26.8m)(28.6m)(3.2m)38.2m(1.2m)(14.3m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(55.4m)(94.6m)(148.9m)(50.5m)(64.6m)(104.0m)(12.1m)(19.1m)(30.9m)(23.9m)(57.7m)(85.6m)53.2m(110.8m)(124.9m)

Depreciation and Amortization

55.1m109.4m165.3m57.2m114.0m171.9m58.3m115.8m173.1m58.0m116.6m175.0m54.3m107.1m161.2m

Accounts Payable

(28.0m)(32.1m)(25.0m)(2.6m)1.9m(14.6m)(5.9m)2.7m25.0m(21.2m)(1.0m)12.2m(11.9m)(3.8m)(4.0m)

Cash From Operating Activities

78.2m165.2m262.2m95.7m215.6m336.0m141.1m301.1m426.9m124.9m250.3m382.4m86.1m195.4m295.0m
USDY, 2018

Revenue/Employee

197.3k

Financial Leverage

3.1 x
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Nuance Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

New Bookings

$2.40 b$303.80 m$304.70 m$484.40 m$1.50 b$308.70 m$313.70 m$362.90 m$1.50 b$380.30 m$410.40 m$438.50 m$1.70 b

Patents Issued

3.30 k3.60 k3.65 k4.50 k

Patent Applications

1 k1 k900 800

Countries

65 77 79
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Nuance Revenue Breakdown

Embed Graph

Nuance revenue breakdown by business segment: 23.4% from Enterprise , 11.0% from Imaging, 20.1% from Mobile and 45.5% from Healthcare

Nuance revenue breakdown by geographic segment: 21.7% from International and 78.3% from United States

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Nuance Online and Social Media Presence

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Nuance News and Updates

Virtual Assistant Market Analysis and Forecasts by Type, Regions and End User Vertical | Oracle, Nuance Communications, Microsoft

HTF MI released a new market study on Global Virtual Assistant Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The study covers important players Such as Oracle, Nuan…

Intelligent Print Management Global Market 2019-2025: HP, Konica Minolta, Xerox, Nuance, RR Donnelley

Wiseguyreports.Com Publish New Market Research Report On -“Intelligent Print Management Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

Intelligent Transportation Systems 2018 Global Market Key Players - Xerox Corporation, Hitachi Ltd, Lanner Electronics Inc, ZTE, WS Atkins PLC, Iteris, Inc, Nuance Communications, Thales Group......

Intelligent Transportation Systems – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Intelligent Virtual Assistant 2018 Global Market Key Players – Microsoft, Nuance, Samsung Electronics, Alphabet, Apple, Amazon, IBM, Baidu – Analysis and Forecast to 2023

WiseGuyRerports.com Presents “Global Intelligent Virtual Assistant Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Johns Hopkins taps Nuance tech to help fix physician burnout

AI assisted conversational technology from Nuance reduces the documentation burden on clinicians, allowing them to rediscover the joys of practicing medicine.

Computer Assisted Coding 2018 Global Market Key Players – 3M Company (U.S.), Optum, Inc. (U.S.), Nuance Communications, Inc. (U.S.), Cerner Corporation (U.S.), Artificial Medical Intelligence, Inc – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Computer Assisted Coding Market Size, Status and Forecast 2018-2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
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Nuance Blogs

Need for digital tools in financial services

The adoption of digital tools in financial services continues to grow. From automation through tools like robo-advisors that help augment customer service, new applications backed by AI and machine learning, to the need to keep up with increased competition – whether that be from competitors or acqu…

Experts share top cybersecurity predictions for 2019

  Last year printer security captured our collective attentions as HP held the first bug bounty program for printer security, researchers showed that a fax number is all an attacker needs to exploit the vulnerabilities in our networks and hackers made printers into advertising machines. Organization…

My fifteen-year journey with Dragon

At only 21 years old, living with a disability in a developing country (Nairobi, Kenya), the chances that I would ever live a close to normal life seemed slim. Just before I joined University, I was involved in a road crash where I sustained a spinal cord injury which left me quadriplegic – paralyze…

Law firms continue to turn to technology to meet practice needs

Innovation is no longer a buzzword in the legal industry, as more and more legal professionals look to technology to help them work. From AI-powered solutions that automate workflows, applications like e-discovery to help load and search for data, to web-based legal practice management software, as …

A Backstop that reduces risk of delayed diagnosis

There are two things that have long been true about incidental findings and follow-up recommendations in radiology reports. First, they are exceedingly common. Second, they are often not completed: 30% to 70% of follow-up recommendations are “lost” or never completed for reasons unrelated to physici…

2019 AI Predictions from Nuance

2018 marked the peak of enterprise AI hype with every nearly every brand on the planet deploying an AI strategy. Companies spent money—a lot of money—on the promise of using machines to deliver better experiences to their customers. They invested in the bright shiny objects—a bot that can be created…
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Nuance Company Life and Culture

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Nuance Frequently Asked Questions

  • When was Nuance founded?

    Nuance was founded in 1992.

  • Who are Nuance key executives?

    Nuance's key executives are Mark Benjamin, Dan Tempesta and Satish Maripuri.

  • How many employees does Nuance have?

    Nuance has 10,400 employees.

  • What is Nuance revenue?

    Latest Nuance annual revenue is $2.1 b.

  • What is Nuance revenue per employee?

    Latest Nuance revenue per employee is $197.3 k.

  • Who are Nuance competitors?

    Competitors of Nuance include Avaya, Genesys and Xerox.

  • Where is Nuance headquarters?

    Nuance headquarters is located at 1 Wayside Rd, Burlington.

  • Where are Nuance offices?

    Nuance has offices in Burlington, Seattle, Mahwah, Farmington Hills and in 35 other locations.

  • How many offices does Nuance have?

    Nuance has 41 offices.