SlatorPod

In this week’s solo episode, Florian and Esther discuss the language industry news of the week, kicking off with a sneak peek into the brand new Slator 2021 Video Localization Report. Months in the making, the report provides an innovative look at the high-growth medium of video.Florian shares news of TransPerfect’s best quarter ever (Q2 FY21), which saw the US-based Super Agency reel in an extra USD 70m in revenues compared to the same period in 2020.The duo also unpack the acquisition by language service provider Welocalize of Germany- and Greece-based life sciences specialist NLG (or Next Level Globalization). NLG focuses primarily on the medical devices sub-sector. The deal saw Welocalize double the size of its life sciences division — Welocalize Life Sciences — to around USD 50m in annual revenues.

Marko Hozjan, CEO and Co-founder of translation startup TAIA, joins SlatorPod to talk about his company’s journey from launch to their recent series A.Marko discusses what brought him into the world of translation from a background that spans everything from economics and leadership, to language teaching and…sailing.  He talks about automation and machine translation and the need to remain focused and disciplined when developing translation products.   First up, Florian and Esther discuss the language industry news of the week — which saw three M&A and Funding announcements. The two talk about Rome-based Translated’s USD 25m investment, Argos Multilingual’s acquisition of Chillistore, and Big Language Solutions’ acquisition of UK-based Dora Wirth Languages (DWL).Esther talks about media localization provider ZOO Digital’s 2021 annual report, which detailed a shift in their service mix toward Media Services (media packaging, content preparation, etc.).Florian also muses about the minefield of intellectual property rights and licensing when it comes to voices, after Vice covered the case of a voice actor suing social media giant TikTok, which allegedly acquired and replicated via AI the actor’s voice without her knowledge.

Cecilia Maldonado, Director of Strategic Accounts at Latamways, joins SlatorPod to talk about the language industry landscape in Latin America and her term as President of Women in Localization.Cecilia recounts her path to joining the language industry and the many hats she wore over the past 20 years. She touches on the two-year process of merging SpeakLatam and Two Ways Translation Services, and how they managed to double in size in a highly fragmented, competitive industry.She shares her perspective on how business is centered around Argentina and Brazil in the Latin American language industry, and LSPs competing for talent with global Super Agencies operating local production hubs.Cecilia also talks about Women in Localization and navigating the challenges of leading a not-for-profit organization. She closes with a market outlook on multimedia and as well as the potential for growth of machine translation post-editing (MTPE).First up, Florian and Esther discuss the language industry news of the week — where DeepL met its match in a Bloomberg crypto article. The duo talk about RWS’ latest acquisition of Japanese patent translation agency, Horn & Uchida, for a cash consideration of GBP 2.3m. Before news of the acquisition broke, Berenberg released a report that noted how RWS shares took a dip the day Richard Thompson stepped down as CEO.Meanwhile, Nicolas McMahon stepped up from COO to CEO at United Language Group, which saw previous CEO Kristen Giovanis return to her role as President. Esther also reviews Lionbridge and its acquisition of Rocket Sound, a company that provides audio and voice-over localization services for gaming. 

Christophe Djaouani, President of newly launched Toppan Digital Language, joins SlatorPod to discuss the Japanese corporate giant’s plans to become a leader in translation for regulated industries.Christophe shares his career journey; from his days as project manager at RR Donnelley to how he worked his way up to Executive Vice President at SDL. He introduces the members of the Toppan Digital Language executive team.In an exclusive, Christophe announces that Toppan Printing will be renamed Toppan Inc. to reflect the transformation of the company. He goes over the benefits of having existing pockets of translation and localization within the organization.He talks about the challenges of the regulated space and points out the value of security and quality when creating, managing, and delivering multilingual content at speed and at scale. He also gives tips on RFP procurement; having the right tools, team, and approach.Christophe ends with the company’s vision to become the market leader in language solutions for regulated and business-critical content within five years.First up, Florian and Esther discuss the language industry news of the week — with Zoom’s acquisition of German speech translation provider, Kites. Esther talks about another company that was popular throughout the pandemic, Netflix, which recently announced the arrival of Timed Text Authoring Lineage (TTAL). Florian delves into an interesting sub-sphere of translation, Japanese gaming, where he goes through a series of tweets from popular Japanese game translators.Esther closes with the Slator Language Industry Job Index (LIJI), which surged by 9.9 points in July, after a four-point dip in June interrupted the LIJI’s consistent climb since January 2021.

Synthesia CEO and Co-founder Victor Riparbelli joins SlatorPod to discuss the company’s approach to operating and developing the world’s first and largest platform for video AI generation.Victor talks about Synthesia’s journey and the rapid progression of media technology. He unpacks the role of academia in the company, where PhDs and professors make up nearly 50% of staff.The CEO goes over the evolution of text-to-speech in the last decade. He also discusses the difficulty of extending voice into multiple languages when there is no data to support the neural network.Victor reviews the success of video content over text and how this ties into working with global companies. He shares how he sees the localization and translation industries as partners and an integral part of creating multilingual content.Victor talks about Synthesia’s funding rounds and shares the story behind connecting with their first investor Mark Cuban. The podcast wraps up with Victor’s view on deepfakes and the company’s vision of creating more storytelling rather than informative content.First up, Florian and Esther go through the poll results from May 21, where respondents weighed in on Translation as a Subscription, with only 12% thinking of it as “the future.” Florian talks about KUDO’s latest public relations win as billionaire investor Bill Ackman tweeted about using the multilingual conferencing platform for an investor presentation.For the third week in a row, RWS pops up in language industry news as it partners with speech recognition system CEDAT85 to launch a live subtitling and captioning solution for online meetings and events. Florian discusses SwissText’s 2021 conference competition, which saw Microsoft’s winning approach toward the recognition and translation of the Swiss-German dialect into standard German text.

In this week’s SlatorPod, Florian and Esther discuss the language industry news of the week, with BLEND’s acquisition of GM Voices, a voice and audio localization provider known for producing the original Siri for Apple. Following RWS’ appointment of a new CEO, Keywords Studios announced the retirement of CEO Andrew Day, with Jon Hauck (CFO) and Sonia Sedler (COO) stepping up as interim CEOs while Keywords searches for its new leader. In healthcare interpreting news, Esther talks about Propio Language Services’ growth equity investment from Triple Tree Capital Partners (TTCP) — which sees TTCP expand its portfolio into language services for the first time.Meanwhile, Florian discusses the completion of video remote interpreting (VRI) provider Cloudbreak Health’s SPAC transaction following its merger with digital healthcare provider UpHealth.

Armand Brevig, Managing Director of Procurement Cube, joins the pod to discuss how language service providers (LSPs) can work with Procurement at large enterprises.Armand touches on the rationale behind a consultancy firm like Procurement Cube. He talks about how they find clients and goes through the typical company profiles they assist.He then shares how translation services fit into the company's portfolio, both from a buyer and sales perspective. He briefly goes through the evolution of the procurement function, from being transactional to strategic.Armand mentions some of the common misconceptions that service vendors may have about procurement and tackles the perception of translation services as a commodity.After delving into the importance of category management, Armand explores the preference for single-vendor strategies over multi-vendor. The pod closes with Armand’s outlook on the future and how Covid has re-orientated procurement spend.First up, Florian and Esther discuss RWS’ appointment of Ian El-Mokadem as the new Group CEO. El-Mokadem. They also unpack RWS’ half-year report, which put revenues at USD 461.8m, with USD 6.2m contributed by Webdunia and Iconic Translation Machines.Esther talks about subtitle, translation, and automatic transcription startup Subly’s USD 1m seed round. The company was founded in 2018 by Holly Stephens and reportedly started generating revenues from July 2020 in the middle of the pandemic. Another transcription and captioning provider in the news this week was Verbit, which raised USD 157m in a Series D round, only weeks after acquiring VITAC.On the tech side of things, Florian looks at a new offering in academia, with the University of Zurich’s Certificate in Advanced Studies in Translation Technology and AI.  The duo also review a data anonymization project called MAPA (Multilingual Anonymization toolkit for Public Administrators). 

Interactio Co-founder and Chief Business Development Officer Simona Andrijauskaitė joins SlatorPod to discuss the Lithuanian startup’s journey.Simona talks about how the pandemic boosted demand and changed their primary market, with institutions needing technology for multilingual communication. She relates how it was all hands on deck at the remote simultaneous interpreting (RSI) platform, as years of development were compressed into weeks.She also reflects back on their recent USD 30m round and how they managed to raise one of the biggest series As in the language industry. She closes with the company’s plans to improve quality on all levels, including hiring top talent.First up, Florian and Esther discuss the language industry news of the week, kicking off with Straker Translations’ announcement of a USD 15.5m capital raise. Esther talks about the Language Industry Job Index (LIJI) that, after a five-month growth streak, shrank for the first time since January 2021. Esther also unpacks the controversial new RFP for translation services released by the Dutch Ministry of Justice (est. contract value, USD 40m), which has drawn criticism from translators and interpreters.Meanwhile, Florian reviews the continuing evacuation from Afghanistan of the US Department of Defense, a story picked up by this week’s SlatorSweep. 

Samuel Läubli, Partner and CTO at TextShuttle, joins the pod to talk about the ins and outs of a language technology provider, and the current state of machine translation.The CTO touches on his background in Computational Linguistics and decision to go back to the academe in 2016. He gives his take on the current state of machine translation, particularly weaknesses around sentence-by-sentence structure and limited control.Samuel discusses his thesis, which tackles three key challenges in MT for professionals: quality, presentation, and adaptability. He debates whether machine translation can become truly creative without artificial general intelligence — or if it will always be considered imitation.He then walks listeners through TextShuttle’s business model as well as the key problems the company solves for clients, ranging from producing MT systems to helping with configurations, workflows, and training translators.First up, Florian and Esther discuss the language industry news of the week, where RSI platform Interactio announced that it had raised USD 30m in series A funding, led by VCs Eight Roads Ventures and Storm Ventures.Esther delves into Straker’s 100-page annual report, which showed the Australia-listed LSP’s 13% revenue growth to USD 22.6m for the 12 months to March 31, 2021. The duo also discusses Akorbi, another fast-growing language service provider (LSP), which recently acquired the low-code process automation platform RunMyProcess from Fujitsu.Heading to Japan, Florian goes over Honyaku Center’s 2020 financial results, which saw revenues decline 14% to USD 91m and operating income nearly halved to USD 3.8m.Florian closes the Pod full circle with more machine translation news: a research paper presented by Bering Lab about IntelliCAT, an MT post-editing and interactive translation model; and, out of big tech, Microsoft Document Translation, a recent addition to their enterprise MT offerings.

Vistatec CEO Thomas Murray joins the pod to discuss the company’s international presence, the tech and business environment, and managing growing content volumes.Thomas shares his insights on how geographic spread and the follow-the-sun model are important in serving clients. He explains why the language service provider (LSP) prefers organic growth over M&A, owing to the quality and longevity of customer relationships.He also discusses how globalization has changed the way the LSP tackles “content explosion”; and how agility and speed of execution are crucial to scalability. The CEO also weighs in on ISO certification and how using it in the right way can lead to operational excellence.Finally, Thomas reflects on the past year as Vistatec moved its operations online and kept staff safe through Covid.First up, Florian and Esther share key takeaways from SlatorCon Remote, which drew in nearly 300 attendees and facilitated 200-300 individual networking sessions. This year’s SlatorCon Remote highlighted the message of growth with Iyuno-SDI CEO David Lee pointing out how 2020 was a peak year for OTT. In the UK Esther touches on two healthcare translation and interpreting framework contracts that are valued at over USD 500m. Meanwhile, Florian goes over the top paying states and job prospects in the United States as presented in US BLS’ annual Occupational Outlook Handbook.