The Rise of Big Data in the Localization Industry
With the advent of cloud-based, centralized linguistic and production assets in our industry, large sets of data will be available to shape decisions and enhance productivity at many levels in the production chain. MT and TM enhancements are already occurring. Additionally, with data points related to QA and productivity, we may see a challenge to the traditional per word payment model. Project managers and vendor managers have access to analytics that lead to smarter assignment algorithms where translators’ performance and quality metrics are used to assemble teams and adjust them in real-time. Big data will also help decision makers pinpoint areas where cost reductions can be applied. This session will explore what’s next for big data and localization and what responsibilities accompany its many benefits.