Translation and Language Industry Observations

German-to-English: Expert Financial Document Translation Services

Expert German to English Financial Document Translations Translating financial documents from German to English requires precision, understanding of both languages’ financial terminologies, and familiarity with the financial systems of both countries. Here’s an overview of some challenges and considerations: Financial Terminology: Financial terms might not have direct translations. For example, Freistellungsauftrag is a German term …

Why human translation is better than machine translation?

Machine translation (MT) has made considerable progress in recent years. And it is poised to improve even further in the future, aided by tailwinds from the world of AI technology. But are you better off using machine translation over human translation services? Advantages of MT over Human Translation The obvious reason for your wanting to …

The Shifting Landscape of Translator Training Programs

by Luke Smith The international language services market was valued at $60.68 billion in 2022 and is predicted to jump all the way to $96.21 billion by 2032. Tech advances and increased interconnectedness across all industries are clearly calling for more professional translators across the board. In response to this demand, translator training programs are …

GTS Translation Services is Recognized by GoodFirms as the Best Company to Work With

Organizations and business enterprises operating from multiple locations across the globe often require professional translation services to communicate and interact accurately with international clients, manage large and complex workloads, avoid legal issues, etc. One of the other critical benefits of hiring a translation service company is its precise knowledge of technical terms and offers a …

Medical Translation: Bridging Language Gaps in Healthcare

by Luke Smith In today’s increasingly diverse society, the rich tapestry of languages is undeniably a valuable part of a thriving culture. Nevertheless, this linguistic diversity can also present challenges, particularly in the realm of healthcare. When individuals face language barriers while seeking medical assistance and advice, communication breakdowns can occur, impeding the delivery of …

TAUS Webinar about LLMs-Impressions

by David Grunwald I tuned in yesterday to the online TAUS webinar entitled: ChatGPT and the Takeaways for the Translation Industry. Here are my impressions: About the Webinar In this webinar on the ChatGPT and the Takeaways for the Translation Industry, Arul Menezes (Microsoft), Christian Federmann (Microsoft), Wayne Bourland (Dell), Georg Kirchner (Dell), John Tinsley …

Using AI to get ahead – Part I.

Many people seem to be afraid of AI. The most extreme scenarios detail a world where AI-powered robots will launch a military attack against humans and engage in genocide. Other much less scary scenarios envision massive reduction of jobs, as human employees will be replaced by software. This technology is gaining the attention of governments, …