The Slator 2024 LSPI is the industry’s first look at the state of the market in 2023. We will publish a brand new Language Industry Market Report in early Q2 2024, with market-sizing and in-depth vertical analysis.

Jan 6, 2025 · Monthly news and data briefing for translation, localization, language AI, generative AI, M&A, funding, financial results, hires, and product launches.

Sep 2, 2024 · The Slator Pro Guide: Translation AI is a must-have for language service providers and localization teams, providing a concise snapshot of the latest practical applications of large language models (LLMs) in translation.. This guide provides an update on the 10 practical LLM use cases that we presented in the previous year’s edition.Plus we’ve added 10 new LLM use cases that have ...

Oct 9, 2024 · US-based Propio Language Services (Propio) acquired United Language Group (ULG) in September 2024, Propio CEO, Marco Assis, confirmed to Slator.. Propio is listed in the Slator 2024 Language Services Provider Index (LSPI) in the Leader category with interpreting as its core service and 2023 revenues of USD 125m.. The company has also ranked a few times in the Inc. 5000 list of fastest-growing ...

1 day ago · Slator is the leading source of research and market intelligence for translation, localization, interpreting, and language AI. Slator's Advisory practice is a trusted partner to clients looking for M&A services and independent analysis. Slator has offices in Zurich (HQ) and London, and Analysts based in Asia, Europe, and the US.

Jan 31, 2025 · DeepSeek excels in Chinese-to-English translation, with one user remarking, “We shouldn’t be surprised that DeepSeek does way better” compared to other models in this language pair.. Beyond Chinese, DeepSeek has shown promise in several other languages. Serbian translations were not only accurate but also faster than ChatGPT. In Spanish, it outperformed ChatGPT in a basic translation ...

Nov 4, 2024 · Slator is the leading source of research and market intelligence for translation, localization, interpreting, and language AI. Slator's Advisory practice is a trusted partner to clients looking for M&A services and independent analysis.

In an October 24, 2024 paper, researchers Ran Zhang and Steffen Eger from the Natural Language Learning and Generation (NLLG) Lab, along with Wei Zhao from the University of Aberdeen, claimed they demonstrated that in the era of large language models (LLMs), literary translation remains “an exclusive domain of human translators.”. Despite LLM advancements, they found a “substantial gap ...

Sep 15, 2021 · The Cologne, Germany-based machine translation (MT) provider has since added 21 more languages; first Russian and Portuguese in May 2018, then Chinese and Japanese in March 2020, and a further 13 European languages in March 2021.. Its success in Japan has been particularly rapid, taking less than 17 months from release to becoming the 30th most popular website in the country, according to ...

Phrase is a leading cloud-based localization solution that enables organizations of all sizes to open the door to global business through advanced automation and a broad variety of integrations. The Phrase localization Suite is equipped with the leading translation management system, a specialized platform for software and digital products, and it supports 500+ languages, 50+ file types, 30 ...