Makes Proven Logoport(R) Translation Memory Technology Commercially Available through its new Translation Workspace(TM); Empowers Translation Community with High Value, Low Cost, Productivity Tools
Oct. 26, 2009 (PR Newswire) -- WALTHAM, Mass., Oct. 26 /PRNewswire-FirstCall/ -- Lionbridge Technologies, Inc. (Nasdaq: LIOX), today announced the Translation Workspace, the industry's first, open, Software-as-a-Service (SaaS)-based translation productivity platform. As a Web-based environment, the Translation Workspace enables translators and agencies to translate, manage and sequence language assets in real-time, collaborate instantly with other translators, monitor project productivity, automate quality assurance and engage qualified resources on demand -- all within their own secure, private environment.
Translation Workspace is based on Logoport, Lionbridge's advanced real-time translation memory technology, which has managed more than 2 billion words since its initial deployment in early 2005 and currently processes more than 60 million words each month for 19,000 users and 700 customers. By opening this proven technology to individual translators and agencies through a flexible, subscription-based model, Lionbridge is providing on-demand access to the industry's most advanced language asset management tools without the cost and infrastructure of traditional on-premise translation systems.
Because Translation Workspace is a hosted, multi-tenant platform based on one instance of technology, all subscribers enjoy the same features and the same level of sophisticated technology. They also gain ongoing, automatic upgrades with no additional costs.
Translation Workspace offers a range of benefits for translators and agencies including the following:
-- Individual Translators: Subscription-based, "pay-as-you-go" pricing
eliminates up front software costs and infrastructure expenses and
allows flexibility as workload changes. This means translators pay for
technology only when they need it. Because Translation Workspace is
Web-based, all translators work within their own secure, private
environment on the same global platform with no upgrade costs, version
control issues or maintenance fees. Finally, as Translation Workspace
subscribers, translators can also register with Lionbridge as a service
provider and qualify for new projects and business opportunities.
-- Agencies: A secure, private, hosted technology environment enables each
agency to dynamically align and scale their technology costs with
business needs. Through real-time asset management, agencies are able
to manage, distribute and sequence translation memories. They also gain
on-demand visibility into the progress of every project and the delivery
of every translation. With flexible subscription management, agencies
can instantly access and engage a qualified pool of translators and
configure technology across team members. In addition, Translation
Workspace is based on a common software platform which eliminates
upgrade costs and compatibility issues.
Lionbridge enjoys relationships with more than 10,000 individual translators and agencies. Many of these translators and agencies are active users of Logoport, the foundation for the Live Assets(TM) functionality in the Translation Workspace. These translators and agencies, as well as new translators, will now be able to enjoy the benefits of Logoport and the Translation Workspace for their own projects through a low-cost, easy-to-use online platform.
"With a minimal cost, per-month subscription and an online connection, translators in over 100 countries now can enjoy secure, industry-leading, productivity tools.