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The Missed Opportunity of Translation Management Systems

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Recently, I had been having a discussion with a TMS vendor about potential new directions for  Translation Management Systems to evolve in, when Luigi Muzii, in an independent and unrelated interaction, suggested this new post based on some of his own observations about TMS systems. So based on this unplanned synchronicity, I felt it would be good to air this. I invite others, especially from the TMS vendor community to come forward with their perhaps more informed views. It has seemed to me that TMS systems in general, focus largely on the translation management problems of yesteryear, rather than the current ones, let alone emerging needs where there is a much greater need for intelligent data technology, beyond translation memory. The data in most TMS systems is in what I would call a dumb repository. The data is tagged by project and customer, but rarely by more extensive metadata that would be valuable to leverage it for future translation projects. No TMS today can help you...