A CAT tool stands for “Computer Aided Translation” or Computer-Assisted Translation”. CAT tools don’t include machine translation, as they depend entirely on humans, but they assist translators in managing translation projects so as to deliver better quality. CAT tools have various features. For example, some tools have online terminology databases, some are cloud-based software, some can work with different types of documents, and they all have translation memories which save previous translations for using them later.
Is it true that biotechnology businesses are different from pharma companies? To answer the question, let’s cut the argument short. Even though both biotech companies and pharmaceutical businesses manufacture medicines at the end of the day, yet the drugs produced by pharma companies mostly have a chemical basis, while those made by biotech businesses usually come from living organisms.
Localization is not merely translated a word by word, it goes beyond that. Many other elements should be taken into consideration while localizing like pictures, dates, currencies, names, prices, and colors.
People are regarded as visual creatures and colors normally play a vital role in their lives. Since colors might affect your decision, impact your health or change your appetite, so linguists should be pretty well aware of how people view and understand colors according to their different countries, languages, and religions.
Legal document translation is often labeled as one of the most challenging types of translation, as it blends the accurate, precise terminology typical of technical translation and the creativity that characterizes literary translation.
Why Do Businesses Need Legal Document Translation Services?
The life sciences sector includes companies engaged in biotechnology, environmental, life systems technologies, pharmaceuticals, biomedical devices, biomedical technologies, nutraceuticals, and cosmeceuticals. It usually refers to the organizations that are devoting themselves to research and development, commercialization and technology transfer in these areas.
The world is currently witnessing increasing globalization of the financial industry, with its various types of businesses ─ investment funds, credit unions, banks, accountancy companies, insurance firms, stock brokerages, credit-card companies and others.
From banking to insurance to investment management to securities, the financial industry, 11 years after the global financial crisis, is now focusing attention on governance, new technology challenges, and, most importantly, the rising trend of individual countries having their own financial laws and regulations.
The automotive sector has globally gained this leading position because it is an industry that is closely connected with the daily lives of people in almost every country worldwide. And don’t forget that the sector usually comprises some of the top companies across the world.
The automotive industry, however, was gaining ground in 2018 and is still making considerable headway in 2019. According to car sales statistics, around 86 million cars were sold in the top 54 world markets in 2018, while the Ford F-Series, Toyota Corolla, and Honda Civic were the top-selling car models worldwide.
There is no doubt about the immense importance of the pharma industry, which is making a huge impact on every and each individual, community and country across the globe. That’s why a wide array of stakeholders ─ individuals, governments, regulators and others ─ are constantly following the current developments of the global pharmaceutical market, whose revenue reached $1209 billion in 2017 and it’s expected to reach $2,457 billion by 2030, according to AASTOCK.
It is of utmost importance to have a language service provider (LSP) if you want to penetrate into new markets and expand your business. However, it can be an uphill task to look for a partner that understands your strategic goals.
As we talk about the role of life science translation services within the life science industry’s global outlook this year and in the coming years, we’d certainly get inspired by the observation that the “medical device market in the EU accounts for one third of the global market, with around $122.5 billion (est. 2011) in yearly revenue” ─ according to the regulatory consulting firm, Emergo by UL,.