Memsource

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Memsource
DeveloperMemsource a.s.
Repository
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Engine
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    PlatformWindows, MacOS, Linux, Android, iOS
    SuccessorPhrase
    TypeComputer-assisted translation
    LicenseCommercial
    Websitewww.phrase.com

    Memsource was[1] a cloud-based commercial translation management system and computer-assisted translation (CAT) tool. It was developed by Memsource a.s., headquartered in Prague, Czech Republic.[2] According to research by Deloitte, in 2020 Memsource a.s was one of the top 50 fastest growing IT companies in Central Europe.[3]

    Following Memsource a.s.' acquisition of TMS Phrase, the Memsource software branding was abandoned in favor of Phrase's. Phrase continues to be developed as the successor to Memsource.

    History

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    Memsource was founded in 2010 by David Čaněk, with Memsource Cloud having a public launch at the beginning of 2011.[citation needed]

    In the third quarter of 2015, the milestone of over a billion translated words was surpassed on the Memsource platform.[4]

    In May 2018, Memsource was granted a patent for its AI non-translatables feature[5] and in October 2018, launched its second AI feature, a quality estimation endpoint to enable users to see MT quality scores before post-editing.[6][7][8]

    In 2019, Memsource was ranked as the Most Viable Product in the Marketflex for Language-Oriented TMS, published by Common Sense Advisory (CSA) research.[9]

    In July 2020, The Carlyle Group acquired a controlling share in Memsource for an undisclosed sum.[10][11][12]

    In January 2021, Memsource a.s acquired the Hamburg-based TMS Phrase.[13][14] In the acquisition, the Memsource software was rebranded to Phrase.[1]

    Features

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    Memsource’s features included support for translation memory, termbases, automatic quality assurance, CMS connectors, REST API, and 3rd party machine translation engine connectors.[15][16] Machine translation was also natively supported through the Memsource Translate hub, which included AI-powered management features such as fully managed engines, MT Autoselect and machine translation quality estimation.[17] The platform supported over 50 file types, including custom file types.[18]

    Memsource was available for Windows, Mac, and Linux systems.[19] It was also accessible through a mobile application on Android and iOS devices.[20]

    References

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