RSS

Online translation systems

Article Date:  Mar 27 2008


The internet may have started life as an exclusively English-language medium, but in the past decade that has changed dramatically. Analysts estimate that 70 per cent of e-commerce is now conducted in languages other than English.

For online retailers pushing beyond the UK that presents a major barrier to growth. In a bid to achieve a multi-lingual web presence, organisations face the prospect of translating hundreds of product descriptions and related web pages. Not only is that a highly costly undertaking but the dynamic nature of e-commerce means that by the time the painstaking, manual translation is complete, the original content has often been updated.

The answer to the cost-effective, dynamic globalisation of web content is a bundle
of technology and services – content management workflow, knowledge management, machine translation and the minimum intervention of human translation.

Big names that have honed offerings in this area include SDL, Lionbridge Technologies and Merrill Brink. But while their approaches differ slightly, their aim is the same: to take the sting out of the cost and delivery times associated with web globalisation.

Return on investment
The service has had a clear payback at UK electronics parts distributor, RS Components. With its expansion into Italy, France and Germany, it faced the burden of its local teams managing the translation of 60,000 product descriptions using traditional methods – a million words of translation.

By using an automated system, the company reported a 25 per cent improvement in productivity – helping it meet tight deadlines for the roll-out of new products while reducing the cost of the localisation of content by 27 per cent.

According to IT industry analyst group Forrester, global businesses are losing market share worth as much as $1.6 billion per year by failing to localise product information. Its recent study of the application of web globalisation at six mid-sized and large enterprises found that properly localised information is a source of competitive advantage when launching products or services across global markets.

A typical enterprise could realise internal and external localisation savings
of $4.6 million and boost overall market share by 1.5 per cent over three years by deploying an effective information localisation strategy, says Forrester.
As Rob Fifield, head of media production at RS Components, confirms: ‘[The approach] translates into faster time-to-revenue at a lower cost.’

Comments 

There are currently no comments on this article

Sign up and get...

  • Regular GrowthBusiness newsletters
  • Post comments on articles
Sign up

Save time and money with Outsourcery

Discover how streamlining and automating your sales processes can help ensure a shorter sales cycle and improved customer retention. Microsoft Dynamics CRM business software provides fast access to useful data in the office, at home or out at meetings. Download this free whitepaper to understand the business benefits

 

Out with the old, in with affordable.

Bring  in IBM System x3650 M2 Express servers powered by Intel® Xeon®  and dramatically lower IT operating expenses. Use  IBM’s online evaluation tool  to see ROI in as little as three months. Find out more

Google Business Apps   

Google Apps lets your business save time and money by outsourcing email, calendar and office applications to Google. Just tell us a couple key stats about your business, and we'll estimate how much a basic Microsoft Exchange 2007 deployment would cost and what you could save with Google Apps.View Google Business Apps.  

Research

  • From video games developers to firms of architects, creative businesses of all kinds struggle to get adequate financing due to a misconception that they cannot be analysed systematically, claims a new report. The study comes from the Centre for Creative Business (CCB), a joint venture between London Business School and University of the Arts London.

Directors' Pay AIM 2009

What should an AIM company pay its CEO or FD?
What should a non-executive director or chairman expect to be paid?
What benchmarks should AIM remuneration committee members be using when
setting pay?

VCT Special Report 2009

This reports principle aim is to provide business owners seeking funding with information about the amount of funds that VCTs have to invest.

More

Events Calendar

The Media Magnate Awards 2009

26th March, Vinopolis, London

More

More Analysis: Technology in Business

Telepresence

Web-conferencing and telepresence

Oliver Thompson, MD of training firm Transphorm, claims to have saved around £5,000 a year through using video-conferencing.

The new cybercriminals

From Twitter to cloud computing, internet innovation is presenting new opportunities to the devious, and they are exploiting them to the full. We outline the main dangers and find out what is being done about them.

Copenhagen: a power failure?

Expectations were high for the Copenhagen Summit, but very little was achieved. We ask the winners of last year’s Rosenblatt New Energy Awards what went wrong.

Advertisement

Poll

What should Alistair Darling deliver in the Budget?




Have your vote on current issues

People who read this also read

  • Q&A: Paying corporation tax in two countries

    I have a registered UK company and am currently working in the US for a company. Do I have to pay corporation tax in the US and UK or is there a double taxation agreement between the two countries?
  • The appliance of brand alliance

    Aligning your growing company with a larger, well-known operation can reap rewards beyond your wildest dreams. Just make sure you read the small print and remember the ups and downs of getting a helping hand from a big brand.
  • Q&A: Finding an investor

    I am an entrepreneur, I have a great idea but no investors, what can I do?
  • Q&A: Expanding into the USA

    We are a financial software company and are presently expanding into the USA.  How do we go about finding quality resellers for our product?
  • Driving into danger

    Business owners are putting themselves and their companies in danger through bad driving habits like chatting on mobile phones, eating, drinking, getting lost and incurring parking fines. These are the findings of a survey from Bibby Financial Services.

White Papers

12 Key Points to Consider When Selecting a Network Scanning Solution

Discover the 12 key points your company should consider before you evaluate and select a vulnerability assessment solution.

1Z0-040 Oracle Database 10G New Features for Administrators Practice Exam

Oracle 9i administrators can certify on Oracle 10G by passing this exam. The ExamForce 1Z0-040 Oracle Database 10G New Features for Administrators practice exam provides their unique triple testing mode to instantly set a baseline of your knowledge and focus your study where you need it most.

4 Ways to Unlock Your Employees' Performance Potential

Discover four proven ways you can tap into the full potential of every employee.

More