20 September 2024
Acolad featured in Nimdzi's Language Technology Radar
Nimdzi Insights, one the most prominent research organizations in the language services space, has just released its brand-new Language Technology Radar - and Acolad's proprietary tech products proudly feature in nine of the eleven service categories covered by this new interactive and continually updated resource.
A Curated Catalog of Language Technology Companies
For the past six years, Nimdzi had been tracking the language technology space, and producing their renowned Language Technology Atlas, which provided a unified view of the modern language technology landscape and insights into major technological advancements. However, the massive expansion of the language technology market has led them to rethink their approach and move on to associating their report to a curated catalog of language technology companies, which offers real-time updates on the latest trends and innovations in the language technology industry and insights into key industry shifts.
More than a snapshot of the market at a given time, like the Atlas provided, the Radar is now a constantly updated database of products that brings visibility and transparency to the language technology market and is bound to become essential in competition benchmarking or identifying potential partners and leading players in the industry.
An Outlook on the Year to Come
The report itself explores the rise of LLMs, touching on the “human in the loop” paradigm, AI and Interpreting, and provides an outlook for the year to come, while also covering eleven key language technologies and reveals the companies offering solutions that fall into each of those categories.
Acolad's own participation has expanded since the last edition of the Atlas, showing the tremendous work being done by our R&D teams and we are happy to inform we are featured in:
- Interpreting Systems
- Speech Recognition Systems
- Audio Visual Translation Tools
- Integrations
- Translation Management Systems
- Market Places and Platforms
- Machine Translation
- Quality Management
- Multilingual Creation Tools
“This new format allows users to stay up-to-date with the latest tools and innovations in language technology, ensuring they can make informed decisions as the market evolves,” - Laszlo Varga, lead researcher at Nimdzi Insights
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