Neural MT and blockchain are about to radically transform the translation market
Wednesday, May 30, 2018
Posted by: Dana Walker
Neural Machine Translation (NMT) systems are changing the world right now! Unlike previous
MT technologies, NMT provides higher quality translation and is improving fast. Very fast. At its current rate of development, NMT is set to drastically change the traditional, human-based translation industry in as little as one to three years, impacting over 600,000 linguists and 21,000 language service providers (LSPs).
For customers, the age of NMT will lead to massive reductions in pricing and improvements in speed (even where humans are required).
To take full advantage of the NMT wave, however, LSPs and businesses need the capability to automatically handle a complex process involving simultaneous projects, high workloads, quality control, etc.