Practitioners share their insights on how Machine Translation (MT) reshapes businesses and impacts business models.
In 2021, every savvy translation company and in-house translation department will hire Machine Translation (MT) specialists to deploy and manage fleets of models adapted for specific terminology and scenarios. In parallel with this function in production, a new task emerges for the sales teams: how to make money with MT.
Machine Translation is a great service to humanity transforming the multilingual internet into a language-neutral or language-transparent network. MT companies have always sold components, engines, parts of the whole. Can they or technology-driven Language Service Providers break this mould and start selling complete solutions, combining technologies, with commercial competencies and user insights?
Konstantin Dranch (Founder of CustomMT, CZ), Frederik Pedersen (Co-Founder & Partner of easytranslate, DK) and John Tinsley (Managing Director, RWS Iconic, IR) share information and insights on what 2021 will likely bring and how you can benefit from those new developments. They look at the most vital trends surrounding new MT business models, Artificial Intelligence and Machine Learning. The Value Cast was hosted by Arthur Wetzel – industry advisor and Board member of LT-Innovate.
