The translation services market is evolving with the rise of new generative AI startups like Eleven Labs, indicating a shift towards innovative solutions. While voice translation has captured recent attention, the field of content translation remains a significant market for companies with international reach.
Established in 2010, EasyTranslate initially focused on human-based content translation services. However, the company is now driving a transformation towards AI technology with the introduction of its ‘HumanAI’ platform. This shift aims to enhance efficiency and cost-effectiveness by leveraging generative AI models.
The HumanAI platform by EasyTranslate integrates large language models (LLMs) and short-term memory to improve the accuracy of content translation. By minimizing human intervention to essential areas, EasyTranslate reduces translation times and costs for its clients.
Utilizing a combination of LLMs and proprietary algorithms, EasyTranslate customizes content translation for each client. The platform’s ability to generate short-term memory enables precise translations across various contexts, such as marketing copy or financial reports.
HumanAI’s innovative approach to translation, combining AI technologies with human oversight, offers a solution that meets the evolving needs of global businesses. By maintaining a balance between AI automation and human input, EasyTranslate aims to provide value-added services in a competitive market.
EasyTranslate’s cost-effective pricing model and focus on quality have attracted customers like Wix and Monday.com. As the demand for accurate and timely translations continues to grow, EasyTranslate remains committed to providing efficient and reliable services.
With a strategic vision to combine the strengths of AI and human expertise, EasyTranslate aims to differentiate itself from purely AI-based solutions. By incorporating human feedback and control mechanisms, the company believes it can deliver superior translation services that adapt to evolving language trends.
Supported by funding from private equity, debt financing, angel investors, and the Danish Innovation Fund, EasyTranslate is poised to expand its innovative solutions in the translation services market.
