Ioana’s Translation News Blog

]project-translation[ version 3.1 is the latest release of ]project-open[, a provider of open-source based project management software.
]project-translation[ 3.1 was designed by translation professionals and commercial software developers. The goal of this enhanced version of ]project-translation[ is to support best practices in collaboration of local and distributed translation teams, whether in-house or external in between customers, account managers, project managers, translators, QA linguists and testing engineers.
This product has already been tested and implemented in translation agencies. You can check the demo version here: http://www.project-open.com/product/online_demos.html

In order to keep up with their clients’ demands, Language Weaver (a developer of software that automates the translation of human languages) decided to add three new language translation modules into English - German, Italian and Russian. All these have been introduced as general-purpose translation systems that can be easily customized to translate industry-specific documents.

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Common Sense Advisory, Inc., an independent business research and consulting firm for the globalisation, internationalisation, localisation, and translation industry released a ranking of the top 20 language service providers doing business in North America and Europe for 2005.
( http://www.commonsenseadvisory.com/members/res_cgi.php/060301_QT_top_20.php )
Common Sense Advisory estimated that the language industry merger and acquisition activity last year totalled almost 545 million US dollars. The market for outsourced language services was estimated at 8.8 billion US dollars world-wide in 2005.
Don DePalma, chief research officer at Common Sense Advisory, stated that the trend set by concerns such as Lionbridge and SDL and consisting of acquiring smaller companies would continue through the next years. This may cause “translation agencies and ISVs alike to think about their own growth plans, M&A activities, and, of course, exit strategies” said Mr DePalma.