September 09, 2011
Sajan Secures Patent for Translation Technology
By Raju Shanbhag, TMCnet Contributor
The United States Patent and Trademark Office has granted a language translation technology patent to Sajan, a provider of language translation technology and services.
Looking to improve the overall experience, Sajan provides the patented technology as part of its translation management system, a software-as-a-service based technology designed to store historical multilingual data for reuse, automate workflow and provide an array of supporting functionality. Sajan is one of only a handful of companies worldwide to offer patented technology to translation buyers. Sajan offers this technology as a managed service or as part of their language service offering, the company stated in a press release.
“Traditional translation memory provides value, but is a technology designed more to serve the linguist. This patent represents a technological method for clients to dramatically improve the quality and volume of the results - while reducing the translator's direct involvement. It complements what the translator can do and enables greater automation - while delivering contextually accurate translated content. This results in higher quality translations and greater cost efficiencies for our clients," says Sajan CEO, Shannon Zimmerman.
Improving translation quality, this technology uniquely incorporates the added dimension of context into an enterprise-class multilingual repository. The company helps clients around the world expand seamlessly into any global market. The company states that its industry leading language translation management system technology is the foundation of its solution.
Recently, the company reported financial results for the quarter ended June 30, 2011. Revenues for the quarter ended June 30, 2011 were $5.4 million, which represented an increase of 29 percent over revenues for the quarter ended June 30, 2010 of $4.2 million. Net income for the second quarter of 2011 was approximately $43,000, or $0.00 per share, compared to net loss of approximately $548,000 or $0.03 per share for the same quarter last year.
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Raju Shanbhag is a contributing editor for TMCnet. To read more of Raju’s articles, please visit his columnist page.
Edited by Juliana Kenny
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