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Rozetta calls Machine Translation its “cash cow” as business continues to grow; plans to transition to holding company by September 2021 and make conferencing speech translation tool a core product.
As machine translation delivers 39% revenue growth in first 9 months of FY 2021, Japan’s Rozetta outgrows declining human-translation business in favor of MT SaaS.
Honyaku Center reports decline in all sectors of core Translation Business, except for Patents. Banks on “active use” of machine translation to grow.
Recently appointed Pole To Win CEO Deborah Kirkham on the impact of VR and AR on localization and how she restructured the company leadership.
Japanese LSP enters period of “rapid growth” for MT segment. Revenue and operating income up strongly. Shares rally, propelling market cap to nearly USD 400m.
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