In the United States, TM was a popular abbreviation for transcendental meditation back in the 60’s, but nowadays TM is an abbreviation commonly used for translation memory software. Perhaps you are already aware of translation memory or TM which stores pre-translated, recurrent phrases or sentences which helps language translators by saving their time and maintaining consistency throughout a translated document. A centralized translation memory system stores data on a central server making export and import of data from desktop TM easier.
Global organizations have this technology and if your company still lacks a centralized translation memory, it is time you hire a translation vendor to build one for you. It might be a good idea to build a centralized translation memory system having a glossary, a work flow engine, cost estimation tools and other necessary functions. Centralized translation memory can prove to be more effective than a decentralized translation memory.
When we spoke to a German translator in Chicago who works for The Marketing Analysts Translation Services, he mentioned the names of a few global companies which faced problems due to ineffective translation management systems. These companies had come to The Marketing Analysts Translation Services, disappointed by the performance of their translation vendors. Their translation company (www.themarketinganalysts.com) started incorporating the translation memories of these global organizations into their translation management system. A major step was to centralize all this material into their translation management system which made it easier to monitor all data closely and make revisions when required.
And guess what? These companies started saving a considerable amount annually as the newly centralized translation memories reduced the time and number of translators needed to complete projects. One company which markets pharmaceutics saved close to $500,000 last year after updating their translation memories. Another company which manufactures electrical appliances and frequently requires the localization of manuals, saved up to 55% percent of what they spent previously on translations.
Are you also dissatisfied with your current vendor and the translation management system they offer you? Be a little bold and switch over to a renowned Houston translation company like The Marketing Analysts Translation Service Company based in Houston and you will notice a visible reduction in your company’s translation expenses. You can get a bulk of translations done for you in very economical rates if your translation vendor provides you with a centralized translation memory system.