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Memsource is a cloud-based commercial
translation management system A translation management system (TMS), formerly globalization management system (GMS), is a type of software for automating many parts of the human language translation process and maximizing translator efficiency. The idea of a translation mana ...
and
computer-assisted translation Computer-aided translation (CAT), also referred to as computer-assisted translation or computer-aided human translation (CAHT), is the use of software to assist a human translator in the translation process. The translation is created by a huma ...
(CAT) tool. It is developed by Memsource a.s., headquartered in Prague, Czech Republic. According to research by
Deloitte Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...
, in 2020 Memsource a.s was one of the top 50 fastest growing IT companies in the Czech Republic.


History

Memsource was founded in 2010 by David Čaněk. Memsource Cloud was launched for the public at the beginning of 2011. In the third quarter of 2015 Memsource translated over a billion words on its platform for the first time. In May 2018, Memsource was granted a patent for its AI non-translatables feature and in October 2018, launched its second AI feature, a quality estimation endpoint to enable users to see MT quality scores before post-editing In 2019, Memsource was ranked as the Most Viable Product in the Marketflex for Language-Oriented TMS, published by Common Sense Advisory (CSA) research. In July 2020,
The Carlyle Group The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and pri ...
acquired a controlling share in Memsource for an undisclosed sum. In January 2021, Memsource a.s acquired the Hamburg-based TMS
Phrase In syntax and grammar, a phrase is a group of words or singular word acting as a grammatical unit. For instance, the English expression "the very happy squirrel" is a noun phrase which contains the adjective phrase "very happy". Phrases can consi ...
.


Features

Memsource’s features include support for translation memory, termbases, automatic quality assurance, CMS connectors, REST API, and 3rd party
machine translation Machine translation, sometimes referred to by the abbreviation MT (not to be confused with computer-aided translation, machine-aided human translation or interactive translation), is a sub-field of computational linguistics that investigates t ...
engine connectors. Machine translation is also natively supported through the Memsource Translate hub, which includes AI-powered management features such as fully managed engines, MT Autoselect and machine translation quality estimation. The platform supports over 50 file types, including custom file types. Memsource is available for Windows, Mac, and Linux systems. It is also accessible through a mobile application on Android and iOS devices.


References

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External links


www.memsource.com
Machine translation software Translation software Software companies of the Czech Republic Translation companies