Memsource
{{COI|date=September 2021}}
{{Infobox software
| name = Memsource
| logo = Memsource Logo.svg
| developer = Memsource a.s.
| platform = Windows, MacOS, Linux, Android, iOS
| genre = Computer-assisted translation
| license = Commercial
| website = {{URL|https://www.phrase.com}}
}}
Memsource (now Phrase{{Cite web |date=2021-10-02 |title=Phrase (Memsource) Review ? Features (+Free Trial) {{!}} EHLION |url=https://ehlion.com/magazine/phrase-memsource-review/ |access-date=2024-09-01 |language=en-US}}) is a cloud-based commercial translation management system and computer-assisted translation (CAT) tool. It is developed by Memsource a.s., headquartered in Prague, Czech Republic.{{Cite book|title=The Future of Translation Technology: Towards a World without Babel|last=Sin-wai|first=Chan|publisher=Routledge|year=2017|location=London and New York|pages=22–23, 190}} According to research by Deloitte, in 2020 Memsource a.s was one of the top 50 fastest growing IT companies in the Czech Republic.{{Cite web|title=Technology Fast 50 CE {{!}} Deloitte Česká republika|url=https://www.deloitte.cz/fast50/|access-date=2020-11-20|website=Deloitte.cz|language=cs}}
History
Memsource was founded in 2010 by David Čaněk. Memsource Cloud was launched for the public at the beginning of 2011.{{Citation needed|date=August 2022}}
In the third quarter of 2015 Memsource translated over a billion words on its platform for the first time.{{Cite web|date=2015-10-20|title=Memsource Hits a Billion Words in Q3 2015|url=https://slator.com/technology/memsource-hits-a-billion-words-in-the-3rd-quarter-2015/|access-date=2020-08-31|website=Slator|language=en-US}}
In May 2018, Memsource was granted a patent for its AI non-translatables feature{{Cite web|url=https://csa-research.com/Insights/ArticleID/104/Not-Just-Machine-Translation-AI-Makes-Inroads-in-the-Language-Industry-and-Beyond|title=Not Just Machine Translation: AI Makes Inroads in the Language Industry and Beyond|website=CSA Research|language=en-US|access-date=2019-11-05}} and in October 2018, launched its second AI feature, a quality estimation endpoint to enable users to see MT quality scores before post-editing.{{Cite web|url=https://www.forbes.com/sites/forbestechcouncil/2019/01/24/why-quality-estimation-is-the-missing-link-for-machine-translation-adoption/|title=Why Quality Estimation Is The Missing Link For Machine Translation Adoption|last=Graca|first=Joao|website=Forbes|language=en|access-date=2019-09-23}}{{Cite web|url=https://slator.com/financial-results/rws-says-annual-revenues-to-reach-around-usd-400-million-announces-memsource-partnership/|title=RWS Says Annual Revenues to Reach Around USD 400 Million, Announces Memsource Partnership|date=2018-10-22|website=Slator|language=en-US|access-date=2019-09-24}}{{Cite web|url=https://www.gala-global.org/publications/machine-translation-quality-estimation-memsource%E2%80%99s-latest-ai-powered-feature|title=Machine Translation Quality Estimation: Memsource's Latest AI-powered Feature|date=2018-10-04|website=GALA Global|language=en|access-date=2019-11-05}}
In 2019, Memsource was ranked as the Most Viable Product in the Marketflex for Language-Oriented TMS, published by Common Sense Advisory (CSA) research.{{Cite web|url=https://insights.csa-research.com/reportaction/305013021/Marketing|title=CSA Research - View|website=insights.csa-research.com|access-date=2019-09-23}}
In July 2020, The Carlyle Group acquired a controlling share in Memsource for an undisclosed sum.{{Cite web|date=2020-07-14|title=Memsource Sells to Carlyle: The Inside Story|url=https://slator.com/ma-and-funding/memsource-sells-to-carlyle-the-inside-story/|access-date=2020-08-31|website=Slator|language=en-US}}{{Cite web|date=2020-07-02|title=Potichu k miliardě! Americký gigant Carlyle koupil nenápadný český startup Memsource|url=https://www.forbes.cz/potichu-k-miliarde-americky-gigant-carlyle-koupil-nenapadny-cesky-startup-memsource/|access-date=2020-08-31|website=Forbes|language=cs-CZ}}{{Cite web|date=2020-08-13|title=Český Memsource umí vybrat nejlepší nástroj pro překlad textů. Díky své technologii byl oceněn na více než miliardu|url=https://www.czechcrunch.cz/2020/08/cesky-memsource-umi-vybrat-nejlepsi-nastroj-pro-preklad-textu-diky-sve-technologii-byl-ocenen-na-vice-nez-miliardu/|access-date=2020-08-31|website=CzechCrunch|language=cs}}
In January 2021, Memsource a.s acquired the Hamburg-based TMS Phrase.{{Cite web|date=2021-01-18|title=Nenápadný český startup Memsource Davida Čaňka koupil za stovky milionů německý Phrase|url=https://forbes.cz/nenapadny-cesky-startup-na-nakupech-memsource-davida-canka-koupil-nemecky-phrase/|access-date=2021-08-10|website=Forbes|language=cs-CZ}}{{Cite web|title=Memsource Buys Phrase {{!}} MultiLingual|url=https://multilingual.com/memsource-buys-phrase/|access-date=2021-08-10|website=multilingual.com|language=en-US}}
Features
Memsource’s features include support for translation memory, termbases, automatic quality assurance, CMS connectors, REST API, and 3rd party machine translation engine connectors.{{Cite book|last=Moreno Sorella|first=Laura|title=A comparative study of OmegaT and Memsource: advantages and disadvantages of their primary features|publisher=Universitat Oberta de Catalunya|year=2018|pages=8–9}}{{Cite web|title=Review of Memsource as a user - Pangeanic|url=https://www.pangeanic.com/diary-inhouse-translator/review-of-memsource-as-a-user/|access-date=2019-11-05|website=Pangeanic.com|language=en-US}} Machine translation is also natively supported through the Memsource Translate hub, which includes AI-powered management features such as fully managed engines, MT Autoselect and machine translation quality estimation.{{Cite web|title=Memsource Improves Chinese-language MT with Tencent {{!}} MultiLingual|url=https://multilingual.com/memsource-improves-chinese-language-mt-with-tencent/|access-date=2021-08-17|website=multilingual.com|language=en-US}} The platform supports over 50 file types, including custom file types.{{Cite web|title=Supported File Formats|url=https://help.memsource.com/hc/en-us/articles/360014358579-Supported-File-Formats|access-date=2021-08-17|website=Help Center {{!}} Memsource|language=en-US}}
Memsource is available for Windows, Mac, and Linux systems.{{Cite web|date=2017-10-24|title=Memsource review: the silent power of Memsource|url=https://www.vertaalt.nu/blog/memsource-review-silent-power-of-memsource/|access-date=2019-11-05|website=Vertaalt.nu|language=en-US}} It is also accessible through a mobile application on Android and iOS devices.{{Cite book|last=Novák|first=Vojtěch|url=https://dspace.cvut.cz/bitstream/handle/10467/67317/F3-DP-2017-Novak-Vojtech-dipl_novak_17.pdf?sequence=1&isAllowed=y|title=Multiplatform mobile application for Memsource Cloud translation platform|publisher=České vysoké učení technické|year=2017|location=Prague}}
References
{{reflist}}