Type: Online Conference For: Language Service Companies, Translation buyers, Freelance Translators Dates: April 23, 2020 Location: Planet Earth Organizer: Smartcat Link: https://smtc.at/TOvYYj (open until April 10) Description: We will take a look at the challenges the COVID-19 outbreak is bringing both inside and outside the language industry. The right Mandarin translator or interpreter can help a company not just to present itself in the ideal language but can help it to navigate the often-complex world of international business etiquette. While we’re on the subject of machine translation, it’s worth taking a quick detour to look at the growth of the translation industry. In 2020, we anticipate seeing an increase in demand for transcreation services, as part of the overall marketing translation niche. business and industry aspects of the translation profession - 2020/1 Module code: TRAM476 In light of the Covid-19 pandemic, and in a departure from previous academic years and previously published information, the University has had to change the delivery (and in some cases the content) of its programmes, together with certain University services and facilities for the academic year 2020… Let’s look at some numbers. You are here. Please enable it to submit your quote. Highly unlikely! 2019 is already shaping up to be an exciting year for the translation and language industry. We use our translation industry expertise and the business trends that we’ve seen over the course of the past year to map out what’s likely to trend in the year ahead. At the same time, however, the shape of the translator market is shifting, with machines picking up a greater share of the business than ever before. to make a real impact in 2020, but we have already got years of experience in The Future of Translation Technology in 2020 and Beyond. Medical translation will play an even more important role in 2021 as we start to get vaccines all over the world. The translation industry can’t stay still for long, Subscribe to receive all the latest updates from Tomedes. and approve. These technologies are now at a point where they are ready Unsurprisingly, many of the key trends for 2020 are technology-driven, as is the case for most industries in the digital age. When dealing with a culture in which respect and saving face is extremely important, careful guidance on what to say (and most importantly, what not to say), can make all the difference. There are numerous great trends providing perks to the people in the know. While the future of the translation industry after the COVID-19 pandemic depends on many factors, there is no doubt that its technologies are set to evolve radically. they need to maximise efficiency. Our global marketplace means that translation has never been more important when it comes to connecting individuals and businesses from a hugely diverse range of linguistic backgrounds. Translators must adapt to the growing demand, which means they’ll have to tailor their offer to meet new requirements. Despite Covid-19 forcing them to postpone or take place virtually, there are many exciting localization and translation industry events happening in 2020 and 2021. China is now the world’s largest economy when considered in terms of purchasing power parity. when it is combined with other tools (not only translation tools, either) and clients. Tomedes has been providing marketing translation services for over ten years. Javascript is disabled in your browser. Video translation: How to translate video content…. Google is placing an increasing amount of importance on video. I’ll be joining a panel with Paula Shannon and Jost Zetzsche to debate the future of the translation industry. Indeed, nothing is sacred when it comes to transcreation, other than the original intent of the marketing materials. The Nimdzi 100 is widely considered an industry standard and is read by tens of thousands of people in the translation … This means that, while the demand for translation services continues to grow, the role of the human working as a foreign language translator will change significantly. For example, localization services was only really took off in the late 80s and 90s. #LocFromHome Online Conference. Therefore. Those who have been following our predictions over the years will note that this isn’t the first time we’ve focused on video translation. Reinventing the Translation Industry Recordings & Report. Video localization will also come into its own in 2020. For example, localization services was only really took off in the late 80s and 90s. but also the trends affecting our clients’ industry that we need to stay ahead What if 2019 was just the tip of the iceberg for the translation industry? It’s already one of our most sought-after translation services, and 2020 looks set to be an even bigger and better year for those producing (and translating) videos. Back in 1979, China opened up to foreign trade and investment and it hasn’t looked back since. The translation industry has grown every year for the past ten years. We expect post-editing of machine translations (PEMT) to be a top trend in the translation world in 2020. Global Website Translation Software Market 2020 Industry Outlook, Present Scenario of Manufacturers, Share, Size, Opportunities and Forecast to 2025 Published: Nov. 24, 2020 at 7:58 a.m. and refine our own systems to deliver the best results. As such, it paves the way for opportunity. Establishing such global partnerships would be far harder without the aid of transcreation. Perhaps it may one day, but we’re nowhere near that point yet. While business partnerships might seem difficult between Chinese and US companies, given the bigger picture, there are plenty of major US companies relying on Chinese manufacturing in order to produce their goods. Even if AI only translates 20% of a document with enough Market Size & Industry Statistics. Voice is another interesting intersection of translation and content. However, the organizers wanted to provide a different experience, thus giving birth to UTICamp. terms of accuracy or dealing with complex language, but it can handle basic Most people who have never worked in the translation industry have a hard time understanding why translations that seem similar on the surface have different prices. As organizations continue to make their products and services available in more languages, CSA predicts that the language services industry will continue to grow and that the market will increase to$56.18 billion by 2021. technology-driven, as is the case for most industries in the digital age. The global machine translation market is expected to post a CAGR of more than 19% during the period 2020-2024, according to Technavio. In just 25 years, McLuhan's theory of a Global Village became a reality. Students will engage with industry collaborators and asked to manage real translation projects. Summary Translation: Hype Cycle for Transportation Industry, 2020 Published: 16 November 2020 ID: G00739528 Analyst(s): Ivar Berntz Summary The transportation industry experiences an increase in the interconnectedness of people and goods that can be optimized through technologies and data analysis. Language industry research company Nimdzi Insights has published The Nimdzi 100, reporting on the size and state of the language services industry in 2020.This includes ranking of the top 100 largest global language service providers. For 2020 it is predicted that the language that will be in high demand is, Chinese (Mandarin). In this article, we are looking at seven key trends for the translation industry Which is precisely why the trends we have looked at in this article And for those looking to sell internationally, it means more video translation. As we hinted at in the intro, technology is more of an evolution than a revolution and this means we have been able to implement these technologies over the years and refine our own systems to deliver the best results. been working towards 2020’s biggest trends for a number of years already. In that time, we’ve seen marketing trends flex and change, as consumers shift the way that they shop, the way they engage with brands and the importance they place on ethical and ecological considerations. All of this has led to a rapidly growing need for the services of those who translate Chinese to English in recent years – a need that we anticipate will continue to increase in importance in 2020. developing and refining them. Globalization has generated consistent expansion in the industry—which is expected to reach $45 billion by 2020. As time progresses and markets expand, different languages will be in high demand. content to be translated, to the machine tanslation engine. So why are we flagging it up again as a trend for 2020? hinted at in the intro, technology is more of an evolution than a revolution LONDON-- (BUSINESS WIRE)--The machine translation market is expected to grow by USD 971.87 mn, progressing at a CAGR of over 19% during the forecast period. Machine Translation (MT), i.e. Imagery and iconography can change, as can entire blocks of copy. Thankfully, trends rarely catch us by surprise and we have It is not a case of replacing human translators with language supplier works with, it’s not only the trends within our own industry, We are approaching a point where the demand for translation How many languages are there in the world? Posted on August 11, 2020; Posted in Uncategorized; Translation service industry is getting in a huge break as of 2020 as a great amount of technological advancement with the emerging market of top of the line machines and software that is able to translate any language local and international in a … The main topics for discussion will revolve around removing barriers to translation, reducing bureaucracy, recognising the need for urgency and establishing quick and efficient collaborations. 2019 is already shaping up to be an exciting year for the translation and language industry! With global distances collapsing to a mere click of a button, humans can access greater amounts of … Further use of MT involves its application in the travel industry, banking, legal, manufacturing and retail, media and entertainment and telecom, etc. In 2019–2020, she worked as a postdoctoral researcher in the EU-funded research project MeMAD (Methods for Managing Audiovisual Data) at the University of Helsinki, researching machine translation … increase. The global tr a nslation industry is growing under the shadows of different industries. Both of these will be driven by demand for business translation, as firms with international trade translate everything from product labels to marketing brochures in order to increase their global footprint. 6 min Offering keynote speeches from trailblazers in the field, as well as networking opportunities for industry leaders around the globe, localization conferences and meetings keep our industry cutting- edge and allow businesses to continue to expand their re. Beyond machine learning, machine translation, and machine automation, the world gears for other trends and predictions that can be expected out of the year 2020. Whatever your translation demands, it’s likely that the right combination of quality, customer service and price will be essential from your translation provider(s) over the year ahead. translation industry in 2020, but what do they mean for the businesses we work Translation need can vary based on a number of factors, but economic developments and political factors are often key contributors. Launched in 2014, the "Translating Europe" project brings together translation stakeholders, such as universities (in particular those belonging to the European Masters' in Translation Network), the language industry, national language institutes, translation services of the public sector (or authorities) in the Member States and professional associations. Big Break on Emerging Translation Service Industry in 2020. Towards the end of every year, the Tomedes team sits down to think about the future. Are you planning to expand into new territories, using transcreation and video translation to ease your passage? Why do you need specialist legal translation services? Indeed, the majority of language service providers focus on delivering about 40 of the most commonly used languages. For businesses looking to sell products or services, that means an increased need for video. This online event will explore the effects of the COVID-19 pandemic on research translation practices and business-academia collaborations. Doing so involves far more than just translation. Thank you! Maarit Koponen is a Lecturer at the University of Turku, Finland, where her research and teaching focus on translation technology, post-editing and translation processes. While machine translation can deliver on the latter, it is the human translator who can provide the quality of translation and level of customer service that are so important to business translation clients. Language translation to and from Mandarin is nothing new, but it is becoming increasingly important. one thing, companies like ourselves work with a growing list of clients every The Slator 2020 Language Industry Market Report provides a comprehensive view of the global language services and technology industry, which, according to Slator, grew to a USD 24.2bn market in 2019. Business translation, along with business interpretation, is an essential part of this. In … Likewise, the electronics and automotive industries are expected to grab a major share from the market by the end of 2020, primarily because of frequently occurring need for accurate and timely translation. in 2020 – all of which we have a proven history of delivering. This is a key trend for businesses looking to take advantage of the opportunities that come with globalization. It’s a prime time for businesses that aim to expand their reach through promising technological transformations. ‍ How does this impact the translation industry? The protracted trade war between the USA and China is a modern-day example of the impact that cultural differences (as well as economic self-interest and political egos) can have. What about more obscure languages? But there should also be hoopla the rise of newer and more diverse services in the translation industry. Translation technologies have the same focus, meaning that a real translator who speaks a lesser used language has almost no reason to fear the impact of machine language translator developments on the translation industry. MTPE has turned into a cash grab for agencies that will charge around $.14 - $.16 per word while paying their "editors" $.03-$.04 per word, instead of paying $.08-$.10 per word for an accurate translation from scratch. Medical Translation. The latest translation technologies usually take the limelight and all the fanfare. It is a service that can work past the threats of the bigger picture in order to overcome cultural barriers. Which of these translation trends will your business be contributing to in 2020? Also, we highly recommend that you check out the upcoming Translation Technology Round Tables that will be held in the US and in Europe in 2020! The translation industry is currently booming and is expected to grow beyond measure in the year 2020. A study by the University of Groningen (Netherlands) and Dublin City University (Ireland) looked at three methods of translation of a chapter of the popular novel, Warbreaker: • Post-editing of phrase-based statistical machine translation, • Post-editing of neural machine translation. An increase in calls for non-English languages, coupled with a global environment in which any company can achieve international reach, means that demand for language conversion services is growing rapidly. Translation Services in the US industry outlook (2020-2025) poll Average industry growth 2020-2025: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. Size of the industry. Many companies already automate parts of the process, but the future of translation brings even more automated translation tools to the table. For some translation projects, language experts are all you need to create multilingual content. of. Even logos, product names and straplines can be altered if it’s necessary to engage the target audience in the appropriate way. That number increased to a staggering 62% by 2020. Be joining a panel with Paula Shannon and Jost Zetzsche to debate the of... 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