subject: Address Translation Demands With Automated Translation Solutions [print this page] Corporate websites, marketing materials, compliance documents, help forums, technical handbooks and human resource manuals all need language translation support today, so that it is comprehensible to the global audience. In order to cater to the increasing demand for translation, departments within an enterprise contacts multiple translation service providers on a regular basis to help with the translation work. However, keeping in mind the corporate belt-tightening and budget limitations it is essential that companies should join hands with a dedicated language translation service providers.
Common Sense Advisory, an independent market research firm came up with new information that affirms the advantages of professional translation services offered by one trusted company. Making use of this approach would help in bringing down the cost and quicker times to market for increased volumes of translated material. This firm did a survey with 226 respondents from global companies that have invested in language translation services. Despite multiple global economic issues most of these firms reported that the amount of translation expenditure has gone down in comparison to the period from 2009 to 2011. The key findings of the report included the following:
* The translation expenses are very small as compared to the revenue they generate. Virtually every company took note of the fact that their translation expenses came below 1 percent of the overall revenue.
* The key industries are spending more on language translation services. The spending had risen by more than in healthcare, financial services, insurance sectors and manufacturing.
* The funds for translation services correlate with the firm size. Most companies anticipate a rise in their funds for translation services. The firms with revenue that is more than US $10 billion expect the highest percentage increase (31.1%).
* There has been an upward trend in project size and language numbers. Language translation projects comprising of one million words and more have increased in all industries.
In order to help companies with their translation projects, translation service providers have introduced automated language translation solutions globally in more than hundreds of languages and can include projects of various sizes and vertical. Automated translation solution/ software offers bilingual speaker with contextual translation of words and phrases than a mere sentence-based translation. This can lessen the localization expense by almost 50 percent and increases the translation speed. The software also offers the following:
* Terminology management that helps to maintain messaging consistency and accuracy
* Translation memory that helps in content recycling through successive projects
* Offers a project management dashboard and real-time reporting that streamlines team coordination
Today most global companies are required to translate their content and manage the global expansion as well. They often face bottlenecks that branch out from a faulty or outmoded translation processes. Organizations that fail to identify these challenges prior to the translation process end up with incomplete translation projects that in turn results in increased cost revenues. Therefore, a professional language translation solution helps with error free translation and helps in business expansion.
