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The Future LSP:
Partnering for Innovation
Dare - Do
Porter 5 Forces Analysis
The Need to Innovate
High Power
of Buyers
Almost no entry barriers
Low
Differentation
of Suppliers
Subsititutes:
Online MT
Crowdsourcing
Translation
is a
commodity
Market trends:
Words produced
Changing role of LSP
Internal driver:
Ambition for growth
The Hedgehog Concept
Why In Cooperation
Nova Language Services
Knowledge of the market
Clients worldwide
Process and linguistic skills
tauyou <language solutions>
Technological skills
Innovation history
A Business Model Canvas
A Business Model Canvas
Blue-chip
companies
End clients
Value pricing
Direct sales
SEO/SEM
Automated
solutionsR+D
Sales
People
Time
Newness
Performance
Cost
Integrators
Technology
partners
Sales
HW/SW infrastructure
People
Cooperation Process
Based on Lean principles
Idea Generation
Filtering
Minimum Viable Product Implementation
Market/Customer Validation
Product Improvement
Iterate or Pivot
Cooperation
process
Why is this Process Useful?
Cooperation First Outcomes
Machine Translation
API
Social Media Translation
BACKGROUND
Romance language
combinations
Spanish and Catalan
MT since 2002
50% productivity
increase
35% margin increase
Better use of
language experts
CHALLENGES
60% of production in
other languages
Medical, legal and
financial domains
Attitude of providers
toward technology
Partnering scheme
Implementation
costs
OBJECTIVES
10% margin increase
25% increase in
productivity
Faster turnarounds
Integration with CAT
workflow
Greater
competitiveness,
larger accounts
MT - 2009
Double-digit margin increase
28% faster turnarounds
Improved TM-MT-terminology process
Medical content (clinical trial protocols)
Higher volumes to best providers
Lower percentage error
Different service levels
More competitive quotes
Meet aggressive deadlines
Lowest complaint rate : 0%
Larger accounts
x6 volume increase 2010-2012
10 Million words in 2012
ES ↔ EN CA GL PT EN FR IT
MT - 2012
It is a system level connection that allows the
client's system to order translations directly,
without requiring manual input.
API
An API is like a direct link
between the client's
website or CMS and the
LSP
BACKGROUND
Increasing demand
of web translation
High volumes of
short, regular
updates
Management time +
multiple versions
Manual copy-pasting
TAUS translation API
specifications
CHALLENGES
IT development
time/costs
Difficult to
understand by
clients
Implementation and
testing with existing
clients
Adaptation to open
standards and
different CMS
OBJECTIVES
Increase customer
satisfaction and
retention
Reduce PM tasks
Faster turnarounds
Automation of e-
contents translation
workflow
E-commerce and
tech companies
API
API Implementation Timeline
BACKGROUND
Importance of Social
Media Marketing
Instantaneous
dissemination of a
variety of contents
Need to reach final
clients in their
native language
Need to monitor and
manage social media
reputation
CHALLENGES
Language: “Internet
Speak”
New Formats
Hybrid Translation
Context-less contents
Fast-response
Workflow and
relation with
translators
OBJECTIVES
PM automation
Creation of a
separate Workflow
Design of a new
business model
Almost real-time
turnarounds
Larger accounts
Social Media Translation
Thanks
Diego Bartolome
CEO
tauyou language technology
@diegobartolome
dbc@tauyou.com
Guillem Vidal
COO AV & Interpreting Dpt.
Nova Language Services
@NovaLanguageSer
guillem@nova-transnet.com

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2013 ELIA ND Munich: The future LSP: Partnering for Innovation

  • 1. The Future LSP: Partnering for Innovation
  • 3. Porter 5 Forces Analysis
  • 4. The Need to Innovate High Power of Buyers Almost no entry barriers Low Differentation of Suppliers Subsititutes: Online MT Crowdsourcing Translation is a commodity Market trends: Words produced Changing role of LSP Internal driver: Ambition for growth
  • 6. Why In Cooperation Nova Language Services Knowledge of the market Clients worldwide Process and linguistic skills tauyou <language solutions> Technological skills Innovation history
  • 8. A Business Model Canvas Blue-chip companies End clients Value pricing Direct sales SEO/SEM Automated solutionsR+D Sales People Time Newness Performance Cost Integrators Technology partners Sales HW/SW infrastructure People
  • 9. Cooperation Process Based on Lean principles Idea Generation Filtering Minimum Viable Product Implementation Market/Customer Validation Product Improvement Iterate or Pivot Cooperation process
  • 10.
  • 11. Why is this Process Useful?
  • 12. Cooperation First Outcomes Machine Translation API Social Media Translation
  • 13. BACKGROUND Romance language combinations Spanish and Catalan MT since 2002 50% productivity increase 35% margin increase Better use of language experts CHALLENGES 60% of production in other languages Medical, legal and financial domains Attitude of providers toward technology Partnering scheme Implementation costs OBJECTIVES 10% margin increase 25% increase in productivity Faster turnarounds Integration with CAT workflow Greater competitiveness, larger accounts MT - 2009
  • 14. Double-digit margin increase 28% faster turnarounds Improved TM-MT-terminology process Medical content (clinical trial protocols) Higher volumes to best providers Lower percentage error Different service levels More competitive quotes Meet aggressive deadlines Lowest complaint rate : 0% Larger accounts x6 volume increase 2010-2012 10 Million words in 2012 ES ↔ EN CA GL PT EN FR IT MT - 2012
  • 15. It is a system level connection that allows the client's system to order translations directly, without requiring manual input. API An API is like a direct link between the client's website or CMS and the LSP
  • 16. BACKGROUND Increasing demand of web translation High volumes of short, regular updates Management time + multiple versions Manual copy-pasting TAUS translation API specifications CHALLENGES IT development time/costs Difficult to understand by clients Implementation and testing with existing clients Adaptation to open standards and different CMS OBJECTIVES Increase customer satisfaction and retention Reduce PM tasks Faster turnarounds Automation of e- contents translation workflow E-commerce and tech companies API
  • 18. BACKGROUND Importance of Social Media Marketing Instantaneous dissemination of a variety of contents Need to reach final clients in their native language Need to monitor and manage social media reputation CHALLENGES Language: “Internet Speak” New Formats Hybrid Translation Context-less contents Fast-response Workflow and relation with translators OBJECTIVES PM automation Creation of a separate Workflow Design of a new business model Almost real-time turnarounds Larger accounts Social Media Translation
  • 19. Thanks Diego Bartolome CEO tauyou language technology @diegobartolome dbc@tauyou.com Guillem Vidal COO AV & Interpreting Dpt. Nova Language Services @NovaLanguageSer guillem@nova-transnet.com