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.

6 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.

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 ...

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 ...

Dec 18, 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.

Dec 9, 2024 · A new set of updates affecting the way certified and registered court interpreters work in California’s judicial system will come into effect in January 2025.. Among the main changes is the very structure of the interpreters’ work relationship with the courts, approved as bill AB 1032 and contested by interpreters in 2023. An example of these changes is the fact that courts will be able to ...

Dec 16, 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.

Ethics and Regulations. Umbrella AI legislation like the European Union AI Act and the United States Executive Order on AI are good starting points for any industry to start considering or refining standards of practice and ethics for AI use. But the creation of standards and guidelines will need to rely on shared data as AI translation is implemented.

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 ...

Dec 27, 2024 · Slow-Changing Pricing Models. Despite the rise of machine translation post-editing (MTPE) and increasingly automated translation workflows, the Association of Language Companies (ALC) 2024 survey revealed that 87% of language service providers still rely on the traditional per-word model.. Alternative pricing methods based on edit distance or actual post-editing time have been discussed at ...