Some movements in the industry
In the mobile space, Transclick has recently seen how the new shining star Interlecta has had a lot of buzz in blogs and machine translation sites. Interlecta was awarded Top Innovator in the Global Competition 2008 of the Mobile Innovation, and also finalist in the Nokia Mobile Rules 2008. The products of these companies, as well as Ta with you with our mobile translation portal and our T-Image! translator help people communicate all around the world.
Regarding collaborative translations, the site Meedan is an outstanding initiative. In their words, Meedan is a digital town square where you can share conversation and links about world events with speakers outside your language community. Everything that gets posted on meedan.net is mirrored in Arabic and English. There are a number of initiatives in this field, where machine translation provides the basic input, and then professional translators proofread the text and correct the mistakes. Thanks to the Internet, bilingual corpora can be obtained and maintained to increase the number of translated words (thus the overall size of the market) with the final goal of breaking language barriers among people and cultures.
Our industry moves fast and players reinforce their positions. An example of this is the acquisition of Dial Directions by Sakhr Software, a global leader in advanced Arabic speech and language solutions. Thanks in part to the statistical systems, the translation industry will reorganize itself in the mid-term. Not only the top Language Service Companies need to provide a higher value with less costs to gain market position and profit margin, but also small and medium translation agencies. Otherwise, they take the risk of obsolescence and be thrown out of the market.
In this sense, some of our clients offer their customers a combined domain-oriented high-quality machine translation with professional post-editing. This helps the final customer obtain a lower price (around 50% cheaper) with the same final quality. Besides our proprietary technology, we help companies find the right solution for their needs. We strongly believe that innovation is the key to success.