Memsource

Last updated
Memsource
Developer(s) Memsource a.s.
Platform Windows, MacOS, Linux, Android, iOS
Successor Phrase
Type Computer-assisted translation
License Commercial
Website www.phrase.com

Memsource was [1] a cloud-based commercial translation management system and computer-assisted translation (CAT) tool. It was developed by Memsource a.s., headquartered in Prague, Czech Republic. [2] According to research by Deloitte, in 2020 Memsource a.s was one of the top 50 fastest growing IT companies in Central Europe. [3]

Contents

Following Memsource a.s.' acquisition of TMS Phrase, the Memsource software branding was abandoned in favor of Phrase's. Phrase continues to be developed as the successor to Memsource.

History

Memsource was founded in 2010 by David Čaněk, with Memsource Cloud having a public launch at the beginning of 2011.[ citation needed ]

In the third quarter of 2015, the milestone of over a billion translated words was surpassed on the Memsource platform. [4]

In May 2018, Memsource was granted a patent for its AI non-translatables feature [5] and in October 2018, launched its second AI feature, a quality estimation endpoint to enable users to see MT quality scores before post-editing. [6] [7] [8]

In 2019, Memsource was ranked as the Most Viable Product in the Marketflex for Language-Oriented TMS, published by Common Sense Advisory (CSA) research. [9]

In July 2020, The Carlyle Group acquired a controlling share in Memsource for an undisclosed sum. [10] [11] [12]

In January 2021, Memsource a.s acquired the Hamburg-based TMS Phrase. [13] [14] In the acquisition, the Memsource software was rebranded to Phrase. [1]

Features

Memsource’s features included support for translation memory, termbases, automatic quality assurance, CMS connectors, REST API, and 3rd party machine translation engine connectors. [15] [16] Machine translation was also natively supported through the Memsource Translate hub, which included AI-powered management features such as fully managed engines, MT Autoselect and machine translation quality estimation. [17] The platform supported over 50 file types, including custom file types. [18]

Memsource was available for Windows, Mac, and Linux systems. [19] It was also accessible through a mobile application on Android and iOS devices. [20]

References

  1. 1 2 "Phrase (Memsource) Review ? Features (+Free Trial) | EHLION". 2021-10-02. Retrieved 2024-09-01.
  2. ↑ Sin-wai, Chan (2017). The Future of Translation Technology: Towards a World without Babel. London and New York: Routledge. pp. 22–23, 190.
  3. ↑ "Technology Fast 50 CE | Deloitte Česká republika". Deloitte.cz (in Czech). Retrieved 2020-11-20.
  4. ↑ "Memsource Hits a Billion Words in Q3 2015". Slator. 2015-10-20. Retrieved 2020-08-31.
  5. ↑ "Not Just Machine Translation: AI Makes Inroads in the Language Industry and Beyond". CSA Research. Retrieved 2019-11-05.
  6. ↑ Graca, Joao. "Why Quality Estimation Is The Missing Link For Machine Translation Adoption". Forbes. Retrieved 2019-09-23.
  7. ↑ "RWS Says Annual Revenues to Reach Around USD 400 Million, Announces Memsource Partnership". Slator. 2018-10-22. Retrieved 2019-09-24.
  8. ↑ "Machine Translation Quality Estimation: Memsource's Latest AI-powered Feature". GALA Global. 2018-10-04. Retrieved 2019-11-05.[ permanent dead link ]
  9. ↑ "CSA Research - View". insights.csa-research.com. Retrieved 2019-09-23.
  10. ↑ "Memsource Sells to Carlyle: The Inside Story". Slator. 2020-07-14. Retrieved 2020-08-31.
  11. ↑ "Potichu k miliardě! Americký gigant Carlyle koupil nenápadný český startup Memsource". Forbes (in Czech). 2020-07-02. Retrieved 2020-08-31.
  12. ↑ "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.
  13. ↑ "Nenápadný český startup Memsource Davida Čaňka koupil za stovky milionů německý Phrase". Forbes (in Czech). 2021-01-18. Retrieved 2021-08-10.
  14. ↑ "Memsource Buys Phrase | MultiLingual". multilingual.com. 18 January 2021. Retrieved 2021-08-10.
  15. ↑ 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.
  16. ↑ "Review of Memsource as a user - Pangeanic". Pangeanic.com. Retrieved 2019-11-05.
  17. ↑ "Memsource Improves Chinese-language MT with Tencent | MultiLingual". multilingual.com. 16 June 2021. Retrieved 2021-08-17.
  18. ↑ "Supported File Formats". Help Center | Memsource. Retrieved 2021-08-17.
  19. ↑ "Memsource review: the silent power of Memsource". Vertaalt.nu. 2017-10-24. Retrieved 2019-11-05.
  20. ↑ Novák, Vojtěch (2017). Multiplatform mobile application for Memsource Cloud translation platform (PDF). Prague: České vysoké učení technické.
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