2014 - The Year of the Verticals for Europe's Language Technology Industry

In a recent interview, the CEO of  the Spanish firm Daedalus, José Carlos Gonzalez  said with great verve that his “goal for 2014 is to cover progressively the specific needs of our clients by helping them to develop solutions in vertical markets, freeing them from the complexity of language processing technology.”

European Software Companies need a Language Cloud

The high reply rate in a recent survey amongst LT-Innovate members calls for a European Language Cloud.

Language Technology firms experience a strong growth and almost all are hiring.

LT2013: Status and Potential of the European Language Technology Markets - Executive Summary

On 8 April, LT-Innovate released a landmark report which provides a comprehensive survey of the state of the Language Technology (LT) market in Europe today and projections for the next five years. It is divided into six parts, covering global trends in the ICT ecosystem, an analysis of specific trends in the LT industry, an exploration of innovation options for European LT companies, and a detailed account of the three strategic technology segments of speech interaction, multilingual communication and translation, and intelligent content that make up the LT market.

LT2013: Status and Potential of the European Language Technology Markets - Key Extracts

Discover some key extracts of LT2013, LT-Innovate's landmark report on the Language Technology industry:

A new Ecosystem

New open paradigms, language‐neutral development platforms and multilingual development resources could foster disruption, particularly in Europe. (p. 5)

The ability to manage and process the tsunami of data across the world’s languages is one of the biggest challenges in the new ICT ecosystem, and one for which LT is a critical enabling technology. (p. 6)

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