Posts

The rise of European SaaS: apply now to be included in the Accel Euroscape 2019

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-This article was co-authored with my colleague Maxim Filippov and published initially on  Tech.eu . Nominations are now open for the 2019 Accel Euroscape, the annual list of the top 100 cloud companies originating from Europe & Israel. You can apply  HERE  – applications will be open until 6 th  September 2019. The growth of the cloud ecosystem in Europe over the past few years has been explosive. We first started capturing the growing momentum in 2016 with our list of the top  European SaaS companies emerging from Europe . Fast forward three years – Europe has proven that it can produce amazing global software companies. For example, UiPath, the leading Robotic Process Automation company from Romania, valued at $7 billion, may well be one of the fastest-growing enterprise software companies of the decade, with revenues growing from $5 million to $200 million in around 30 months. In just the past couple of years, compan...

2019 Accel Euroscape – The Rise of Europe

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The top 100 SaaS companies in Europe and Israel The European Software-as-a-Service world changed forever when Daniel Dines, the founder of UiPath, made the cover of Forbes as  ‘Boss of the Bots’  last month. Who would have thought five years ago that a Romanian SaaS company would be valued at $7 billion and reach that valuation in record time? It is prime time for European SaaS companies and the third edition of the Accel Euroscape, the list of the top 100 SaaS companies from Europe and Israel, shows the rising position of Europe on the global SaaS stage, benchmarks how European SaaS companies compare to their US counterparts and lays out five predictions for the European SaaS market.  Full presentation available here . Bigger, stronger, faster: SaaS continues to eat software First, let’s zoom out and look at how SaaS companies have performed globally. Ten years ago, in October 2009, Salesforce was a dominant force among the 21 public SaaS companies, with a valuat...

The Global Data Explosion in the Legal Industry

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This was originally published on SDL.COM. As we consider and look at the various forces impacting the legal industry today, we see several ongoing trends which are increasingly demanding more attention from both inside and outside counsel. These forces are: The Digital Data Momentum Increasing Concern for Data Security The Growing Importance of Information Governance Increasing Globalization    The Digital Data Momentum Several studies by IDC, EMC and academics have predicted for years that we are facing an ever-growing data deluge and content explosion. The prediction that the digital universe will be 44 zettabytes by 2020 means little to most of us. But if you state that 500 million tweets, ~300 billion emails, 65 billion Whatsapp messages are sent, and 3.5 billion Google searches are made every single day , many more of us would understand the astounding scale of the modern digital world. While only a small fraction of this data will flow into the purview of the...

Post-editese is real

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Ever since machine translation was introduced into the professional translation industry, there have been questions about what the impact would be on a final delivered translation service product. For much of the history of MT many translators claimed that while translation production work using a post-edited MT (PEMT) process was faster, the final product was not as good. The research suggests that this has been true from a strictly linguistic perspective, but many of us also know that PEMT worked quite successfully with technical content especially with terminology and consistency even in the days of SMT and RBMT.  As NMT systems proliferate, we are at a turning point, and I suspect that we will see many more NMT systems that are in fact seen as providing useful output that clearly enhances translator productivity, especially on output from systems built by experts. NMT will also quite likely have an influence on the output quality and the difference is also likely to become less...

In a Funk about BLEU

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This is a more fleshed-out version of a blog post by Pete Smith and Henry Anderson of the University of Texas at Arlington already published on SDL.com . They describe initial results from a research project they are conducting on MT system quality measurement and related issues.  MT quality measurement, like human translation quality measurement, has been a difficult and challenging subject for both the translation industry and for many MT researchers and systems developers as the most commonly used metric BLEU, is now quite widely understood to be of especially limited value with NMT systems.  Most of the other text-matching NLP scoring measures are just as suspect, and practitioners are reluctant to adopt them as they are either difficult to implement, or the interpretation pitfalls and nuances of these other measures are not well understood. They all can generate a numeric score based on various calculations of Precision and Recall that need to be interpreted with great c...

Adapting Neural MT to Support Digital Transformation

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We live in an era where the issue of digital transformation is increasingly recognized as a primary concern, and a key focus of executive management teams in global enterprises. The stakes are high for businesses that fail to embrace change. Since 2000, almost half (52%) of Fortune 500 companies have either gone bankrupt, been acquired, or ceased to exist as a result of digital disruption. It’s also estimated that 75% of today’s S&P 500 will be replaced by 2027, according to Innosight Research.  Responding effectively to the realities of the digital world have now become a matter of survival as well a means to build long term competitive advantage. When we consider what is needed to drive digital transformation in addition to structural integration, we see that large volumes of current, relevant, and accurate content that support the buyer and customer journey are critical to enhancing the digital experience both in B2C and B2B scenarios.  Large volumes of relevant conte...