New Applications for Translation Memory Technology feat Mark Shriner

Episode 96 September 22, 2023 00:46:39
New Applications for Translation Memory Technology feat Mark Shriner
Nimdzi LIVE!
New Applications for Translation Memory Technology feat Mark Shriner

Sep 22 2023 | 00:46:39

/

Show Notes

Join us in this new episode of Nimdzi Live as we walk through memoQ's most recent investment: memoQ RFP, Inc. A U.S.-based corporation that is developing the next-generation RFP Response platform.

The investment encompasses a significant cash infusion coupled with a technology licensing agreement that harnesses the capabilities of the existing memoQ technology.

memoQ’s decision to invest in memoQ RFP aligns with the rising demand for innovative Request for Proposal (RFP) response tools. The RFP response tool market is projected to be valued at approximately USD 200 million annually, with an impressive growth rate of 15-20 percent per year. This market includes a spectrum of related documents such as Requests for Information (RFI), security questionnaires, ISO and SOC II certification, and industry-specific credential audit documents, all of which necessitate the creation of fresh content while also benefitting from the efficient reuse of previously generated and approved content.

memoQ RFP’s groundbreaking platform will provide users with a unique choice: the option to leverage previously used and approved responses through a technology similar to a translation.

About Mark: He has held several leadership roles in the localization industry, including CEO Asia Pacific for CLS Communication and Managing Director Asia for thebigword. He is currently the Strategic Sales Director for memoQ, leading the company’s market expansion efforts in the regulated industries. Mark is now transitioning to his role as Co-founder and CEO of memoQ RFP.

About Nimdzi Live: A shadow industry is driving the growth of ALL global brands: Localization. Let’s talk globalization, localization, translation, interpretation, language, and culture, emphasizing how it affects your business, whether you have a scrappy start-up or are working in a top global brand.

Would you like to be a guest on Nimdzi Live? Or you know somebody who should? Email [email protected] or reach out to [email protected] so we can coordinate!

Other Episodes

Episode 114

May 20, 2024 00:48:07
Episode Cover

Boosting Efficiency: Early L10n after design phase

Starting the localization phase after code implementation usually leads to time and quality issues. Moving the localization process directly after the design phase can...

Listen

Episode 53

August 08, 2022 00:27:32
Episode Cover

Two Days to Level Up your Sales Team (feat. John Flannery)

We will discuss how LSP can approach the market in a way that helps to differentiate themselves from the competition to drive revenue. The...

Listen

Episode 24

June 19, 2021 00:57:03
Episode Cover

Entering the US market by leveraging Ecommerce and Amazon (feat Brian Beck)

Entering the US market by leveraging Ecommerce and Amazon (feat Brian Beck)   The US Market is more accessible today than ever before. The rise...

Listen