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.

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 ...

2 days 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.

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 ...

Nov 18, 2024 · Let Me Work It Out. October 2024 was a month dotted with news of leadership changes at a few LSPs. At a time when AI translation is not only altering the nature and day-to-day tasks of many jobs but also becoming a feature in products like never before, everyone can probably agree that change is the one constant in language industry jobs.. Take what Reddit has done with AI translation to ...

Jan 2, 2025 · 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.

Nov 6, 2024 · Rome-based language AI and services provider, Translated, has announced that it has partnered with NVIDIA and Italy’s largest supercomputing center, CINECA, to power its next generation of machine translation technology powered by AI. CINECA — a not-for-profit consortium made up of 70 Italian universities and over 50 research and public institutions — will support Translated with 10 ...

Jan 3, 2025 · 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.

Dec 20, 2024 · Reflecting on 2024, Anna outlines three major trends: speech-to-speech translation, “translation as a feature,” where translation capabilities are integrated into everyday software like project management tools, and the evolution of localization roles toward AI-driven skills. Looking ahead, Anna predicts rapid AI adoption in the public sector due to cost constraints and scalability needs ...

Dec 30, 2024 · Amazon Flags Risks of Training LLMs on Web-Scraped MT . Training LLMs at scale relies on massive amounts of training data scraped from the web. A January 2024 research paper from Amazon investigating the prevalence and quality of MT on the web found that a “shocking amount of the web is machine translated” into many languages.. And oftentimes, that MT output is low-quality, raising ...