Despite growth in New Markets, AI data leader Appen reports 2% revenue decline in H1 2021, with net profit after tax down 55%, sending the share price down to 2018 levels. Continue reading
AI data leader Appen sees share price drop 11% in May amid continuing retreat from all-time highs of 2020. Company splits reporting into separate Services and Product segments. Continue reading
Appen’s shares plunge, TRSB acquires local rival Anglocom, Google MT evaluation paper released, USD 72m interpreting tender in Sweden, Slator Job Index rises again. Continue reading
While Covid’s impact on clients’ priorities limited Appen’s revenue growth to 12%, the data-for-AI giant hopes new clients and the Chinese market will boost future performance. Continue reading
Workforce management is essential to an LSP’s core activities of translation and localization and may also be the golden ticket to new revenue streams in data-for-AI services. Continue reading
Data-for-AI services are a new and highly specialized sub-industry of AI. But how exactly are text, image, and speech data used in an LSP’s end-customer segment? Continue reading
2020 brought extreme pressure on businesses and listed language service providers (LSPs) were no exception. Which LSPs fared better in 2020 and which suffered most amid Covid-19? Continue reading
Australia-listed language data provider Appen downgrades FY EBITDA guidance by ca. 16% after disappointing November, California lockdowns, and absence of pre-Christmas spike. Continue reading
Appen, a global leader in high-quality training data for machine learning systems, is a Silver-level sponsor of Women in Localization for 2020-2021. Continue reading
Lionbridge sells data annotation division to Canada's TELUS in major payday for private equity owners H.I.G. Capital. Translation and localization business to remain with Lionbridge. Continue reading
Data annotation provider Appen posts 25% revenue growth for first half 2020 as Relevance division booms. Weakness in language data business contributes to share price retreat. Continue reading
With earnings season for the first half of 2020 behind us, we take a look at how shares in listed language service providers performed year-to-date 2020. Continue reading
Slowed by the impact of the pandemic, TransPerfect’s revenues grew 4% to around USD 199m in Q2 2020 including acquisitions, and remained roughly flat on an organic basis. Continue reading
Collaboration between Amazon, Facebook, Google, Microsoft, etc., and Translators Without Borders aims to fight Covid-19 infodemic through machine translation research. Continue reading
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