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VAL SIGNED

tle Easy identification of optimal translators in a global digital marketplace

Total Cost €

EC-Contrib. €

Partnership

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VAL project word cloud

Explore the words cloud of the VAL project. It provides you a very rough idea of what is the project "VAL" about.

confirmed overtime subject relies dynamic translations despite customers danish time viability continue additionally software faster financially pricing gap links translator business plan val transparency corporations efficient appears market customer freelance online providers seamlessly saas shown industry extended corporation improvements difficult chinese english feasibility french services instantaneous translation individual attempt heavily thanks lsp cloud algorithm job classify private demand adequately cutting german human organisation self platform supporting pressure steady made global language automated constant validates lsps technically union diligence initially qualified easytranslate commercially database translated translators accessible keywords service bridge match enjoys quality learning

Project "VAL" data sheet

The following table provides information about the project.

Coordinator	EASYTRANSLATE A/S Organization address address: SUNDKAJ 153 city: Nordhavn postcode: 2150 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Denmark [DK]
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3. (PRIORITY 'Societal challenges) 2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs) 3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
Code Call	H2020-SMEInst-2018-2020-1
Funding Scheme	SME-1
Starting year	2019
Duration (year-month-day)	from 2019-09-01 to 2020-02-29

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	EASYTRANSLATE A/S EASYTRANSLATE A/S Organization address address: SUNDKAJ 153 city: Nordhavn postcode: 2150 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	DK (Nordhavn)	coordinator	50˙000.00

Map

Project objective

The Language Service Providers (LSP) in the translation industry currently relies heavily on freelance translators, but despite a high global demand for text translation services, it appears increasingly difficult to find adequately qualified translators for the job. Additionally, LSPs are subject to an increasing pressure to deliver higher quality translations while cutting down on costs and time. Despite improvements on automated translations via software, human translators are necessary to provide quality work. In an attempt to bridge that gap, EasyTranslate has developed VAL, a self-learning platform which will analyse and classify the text by keywords and match the task to the most qualified translator for that particular job. The platform will then analyse the translated text to improve its understanding of the translation made and provide a better match in the future. VAL links the customer seamlessly to the translator and makes an instantaneous best value offer thanks to a dynamic pricing algorithm. The customer therefore enjoys a faster process of higher quality with a better transparency on the VAL platform. EasyTranslate already evolves in the large global translation market, including most of its activity in the European Union, with many large customers including the Danish state and private corporations. The EU has shown a steady interest in efficient translation services and will continue on supporting the demand in the years to come with constant growth. As a cloud-based SAAS product, VAL will be accessible online to any individual, organisation or corporation that requires translation services. It will initially focus on translations between English and French, German or Chinese, and will be extended to its large customer database overtime.

The phase 1 project validates the feasibility of VAL as a project for the market. The concept will be confirmed commercially, financially and technically, to ensure due diligence of the business plan viability.

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The information about "VAL" are provided by the European Opendata Portal: CORDIS opendata.

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