Memsource
Developer(s)Memsource a.s.
PlatformWindows, MacOS, Linux, Android, iOS
TypeComputer-assisted translation
LicenseCommercial
Websitehttps://www.memsource.com

Memsource is a cloud-based commercial translation management system and computer-assisted translation (CAT) tool. It is developed by Memsource a.s., headquartered in Prague, Czech Republic.[1] According to research by Deloitte, in 2020 Memsource a.s was one of the top 50 fastest growing IT companies in the Czech Republic.[2]

History

Memsource was founded in 2010 by David Čaněk. Memsource Cloud was launched for the public at the beginning of 2011.

In the third quarter of 2015 Memsource translated over a billion words on its platform for the first time.[3]

In May 2018, Memsource was granted a patent for its AI non-translatables feature[4] and in October 2018, launched its second AI feature, a quality estimation endpoint to enable users to see MT quality scores before post-editing[5][6][7]

In 2019, Memsource was ranked as the Most Viable Product in the Marketflex for Language-Oriented TMS, published by Common Sense Advisory (CSA) research.[8]

In July 2020, The Carlyle Group acquired a controlling share in Memsource for an undisclosed sum.[9][10][11]

In January 2021, Memsource a.s acquired the Hamburg-based TMS Phrase.[12][13]

Features

Memsource’s features include support for translation memory, termbases, automatic quality assurance, CMS connectors, REST API, and 3rd party machine translation engine connectors.[14][15] Machine translation is also natively supported through the Memsource Translate hub, which includes AI-powered management features such as fully managed engines, MT Autoselect and machine translation quality estimation.[16] The platform supports over 50 file types, including custom file types.[17]

Memsource is available for Windows, Mac, and Linux systems.[18] It is also accessible through a mobile application on Android and iOS devices.[19]

References

  1. ↑ Sin-wai, Chan (2017). The Future of Translation Technology: Towards a World without Babel. London and New York: Routledge. pp. 22–23, 190.
  2. ↑ "Technology Fast 50 CE | Deloitte Česká republika". Deloitte.cz (in Czech). Retrieved 2020-11-20.
  3. ↑ "Memsource Hits a Billion Words in Q3 2015". Slator. 2015-10-20. Retrieved 2020-08-31.
  4. ↑ "Not Just Machine Translation: AI Makes Inroads in the Language Industry and Beyond". CSA Research. Retrieved 2019-11-05.
  5. ↑ Graca, Joao. "Why Quality Estimation Is The Missing Link For Machine Translation Adoption". Forbes. Retrieved 2019-09-23.
  6. ↑ "RWS Says Annual Revenues to Reach Around USD 400 Million, Announces Memsource Partnership". Slator. 2018-10-22. Retrieved 2019-09-24.
  7. ↑ "Machine Translation Quality Estimation: Memsource's Latest AI-powered Feature". GALA Global. 2018-10-04. Retrieved 2019-11-05.
  8. ↑ "CSA Research - View". insights.csa-research.com. Retrieved 2019-09-23.
  9. ↑ "Memsource Sells to Carlyle: The Inside Story". Slator. 2020-07-14. Retrieved 2020-08-31.
  10. ↑ "Potichu k miliardě! Americký gigant Carlyle koupil nenápadný český startup Memsource". Forbes (in Czech). 2020-07-02. Retrieved 2020-08-31.
  11. ↑ "Český Memsource umí vybrat nejlepší nástroj pro překlad textů. Díky své technologii byl oceněn na více než miliardu". CzechCrunch (in Czech). 2020-08-13. Retrieved 2020-08-31.
  12. ↑ "Nenápadný český startup Memsource Davida Čaňka koupil za stovky milionů německý Phrase". Forbes (in Czech). 2021-01-18. Retrieved 2021-08-10.
  13. ↑ "Memsource Buys Phrase | MultiLingual". multilingual.com. Retrieved 2021-08-10.
  14. ↑ Moreno Sorella, Laura (2018). A comparative study of OmegaT and Memsource: advantages and disadvantages of their primary features. Universitat Oberta de Catalunya. pp. 8–9.
  15. ↑ "Review of Memsource as a user - Pangeanic". Pangeanic.com. Retrieved 2019-11-05.
  16. ↑ "Memsource Improves Chinese-language MT with Tencent | MultiLingual". multilingual.com. Retrieved 2021-08-17.
  17. ↑ "Supported File Formats". Help Center | Memsource. Retrieved 2021-08-17.
  18. ↑ "Memsource review: the silent power of Memsource". Vertaalt.nu. 2017-10-24. Retrieved 2019-11-05.
  19. ↑ Novák, Vojtěch (2017). Multiplatform mobile application for Memsource Cloud translation platform (PDF). Prague: České vysoké učení technické.
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