UK-based language service provider thebigword hits double-digit growth two years running after winning MOJ contract, and appoints industry outsider Nihat Arkan as new CEO. Former CEO Larry Gould to pursue M&A and investment as Executive Chairman of the Board. Continue reading
The language industry is huge, worth around USD 40bn per year. Yet, unlike other industries of this size, there is no one single provider generating a billion US-Dollars in revenue. Here’s how it could be done. Continue reading
Some familiar names helped pushed May 2018 to the top of the charts in terms of neural machine translation research. Meanwhile, the hottest research trends appear to be the race to better quality and translating low-resource, non-Latin languages. Continue reading
Amazon’s third Amazon Research Awards picked 49 out of over 800 submissions and will be awarding research groups up to USD 80,000 each for their projects. Six submissions directly relate to natural language processing or neural machine translation. Continue reading
Research into neural machine translation in 2018 is exploding, with April 2018 being the busiest month ever for NMT, as Big Tech companies from Google to Facebook to Amazon go full throttle on multiple areas of research. Continue reading
In first trading update post Moravia acquisition, RWS says revenues jumped by 82% to GBP 139.6m and pre-tax profit was at least GBP 28.3m. While analysts continue to rate the stock a buy, the company lost over USD 250m in market cap in early London trading. Continue reading
Amazon comes out guns blazing in general launch of Amazon Translate and enlists Lionbridge as showcase customer. Pricing in line with other tech giants Google and Microsoft while quality still likely trails DeepL. Continue reading
Massive privacy breach at Translate.com, senior managers leaving TransPerfect in droves, RWS buying Moravia, Facebook launching neural machine translation, Pearl Linguistic going bust, and more than two dozen other stories that lit up the Slator website in 2017. Continue reading
Though Amazon announced its open-source, sequence-to-sequence machine learning framework Sockeye would be available to all last July 2017, its researchers waited until December 2017 to file papers into Arxiv so they can test their creation against WMT2017’s best. Continue reading
Chinese Premier visits country’s largest language service provider. Show of support by China’s number two government official could indicate strong government backing for language technology as part of the race for the lead in AI. Continue reading
Translated.net developed an Amazon Alexa skill that translates short phrases from English to 36 languages, giving end users access to translation technology used in the professional space and opening up a lot of possibilities in the future. Continue reading
With the growing global appetite for video, audiovisual translation becomes a billion-dollar opportunity for the language services industry if it plays its cards right. But first, it must deal with a few challenges, including the global need for talent. Continue reading
SDL posts 5% revenue growth but expansion into new verticals and in Asia hits gross margins. CEO Adolfo Hernandez discusses what affected the bottom line in the first six months, his plans for improving translator productivity, and why he’s not afraid of Amazon. Continue reading
With Netflix, Amazon, Hulu and traditional studios expanding aggressively into global markets, demand for media content localization is soaring. Good times for Swedish media content localizer BTI Studios, which just changed its PE owner from Carlyle to Altor. Continue reading
Media content localization spending in EMEA is projected to exceed USD 2.5bn by 2020, according to an industry group. Shortage of talent is becoming a concern and industry expert says it is likely to get worse in the short term. Continue reading
This information will never be shared with third parties. No Spam.