Slator - Language Industry News

Empowering Linguistic Diversity through Technology In a rapidly globalizing world, the demand for language translation services has never been higher. However, traditional translation methods often fall short when it comes to resource-scarce languages, leaving many communities underserved and isolated. The emergence of large language models (LLMs), such as OpenAI's GPT series and Google's BERT, presents a promising solution to this longstanding challenge. Understanding the Role of Large Language Models Large language models are advanced artificial intelligence systems trained on vast amounts of text data, enabling them to understand and generate human-like language. Initially developed for tasks like natural language processing and text generation, LLMs have quickly found applications in translation due to their ability to grasp linguistic nuances and context. Importance of Translation in Resource-Scarce Languages Resource-scarce languages, often spoken by marginalized com...

Key Takeaways from SlatorCon London 2024 Introduction On May 23, 2024, over 170 language industry leaders from across the world gathered in the vibrant city of London for SlatorCon London 2024 . This event was a melting pot of ideas, innovations, and networking opportunities, offering attendees valuable insights into the future of language services and technology. Let's dive into the key takeaways from this remarkable event. Opening Remarks Esther Bond's Welcome Address The event kicked off with a warm welcome from Slator's own and London native Esther Bond , Head of Advisory. Esther provided an engaging overview of the day's presentations and panels, setting the stage for an exciting and informative day. Florian Faes' Market Mood Check Following Esther, Slator Managing Director Florian Faes took the stage to deliver a market mood check. Drawing insights from Slator’s 2024 Language Industry Market Report , Florian highlighted how AI is rapidly transforming existing...

Language AI Briefing May 2024 Language AI , or Artificial Intelligence designed to comprehend, generate, and interact in human languages, continues to evolve at a rapid pace. The May 2024 briefing highlights significant advancements in this field, ushering in a new era of communication and innovation. Advancements in Language AI In recent years, Language AI has witnessed remarkable progress, driven by breakthroughs in deep learning algorithms and access to vast amounts of linguistic data. These advancements have propelled the development of AI models capable of understanding, generating, and translating human languages with unprecedented accuracy and fluency. One of the most notable advancements is the refinement of Natural Language Understanding (NLU) models, enabling machines to comprehend human language in context, grasp nuances, and respond appropriately. This development has profound implications for various applications, including virtual assistants, customer service automatio...

IQVIA Rebrands Internal Language Division as Linguamatics In a strategic move to streamline its operations and strengthen its brand identity, IQVIA, a leading global provider of advanced analytics, technology solutions, and clinical research services to the healthcare industry, has recently announced the rebranding of its internal language division as Linguamatics. Background of IQVIA and Linguamatics IQVIA , formerly known as Quintiles and IMS Health, has a rich history dating back several decades. The company has played a pivotal role in revolutionizing the healthcare industry through its innovative solutions and services. With a focus on harnessing data and analytics to drive better healthcare outcomes, IQVIA has established itself as a trusted partner for organizations across the globe. Linguamatics , a subsidiary of IQVIA, specializes in natural language processing (NLP) technology, offering advanced solutions for extracting valuable insights from unstructured text data. Since i...