A new global Marketplace with automated translation services was launched in Paris last Friday, October 18th 2019 by SYSTRAN.
The community-based Marketplace combines open source neural translation technology with an industry-proven application stack and the know-how of language experts from around the world. Within its marketplace, SYSTRAN guarantees transparency and control over the data source by establishing partnerships with trusted organisations, such as Amnesty International or Mozilla, which contribute to the creation of unique, domain-specific models.
Paloservices is the very first company in Greece responsible for the development of machine translation models for the brand new Marketplace, as SYSTRAN’s strategic partner. Palo executives have been trained in the cutting-edge technology of Machine Translation aiming to create the sharpest translation models in multiple southeastern european languages and different domains. This business activity is partially funded by the General Secretariat for Research and Technology and is part of the Operational Programme “Competitiveness, Entrepreneurship and Innovation-1”.
Machine Translation accelerates the production of domain-specific models that serve the demanding needs of the professional market for improved automatic translation quality adapted to their own jargon and company voice. This new online service enables businesses to easily access a catalogue of thousands of fit-for-purpose translation models that have been specialised in different domains such as Legal, Healthcare, IT, Tourism, Retail.
Paloservices’ strategic partnership with SYSTRAN supports the learning of translational models in at least five different languages in the Southeastern European region, making Palo the first adaptor of neural Machine Translations in the area
Panayiotis Tsantilas, CEO Paloservices

About Paloservices
Paloservices, a pioneer in the use of Artificial Intelligence and Machine Learning, is the first company in Greece investing in Machine Translation services, becoming a major strategic partner of SYSTRAN in the fast growing and demanding field of Machine Translation. Palo has developed linguistic technologies and sentiment analysis technologies with up to 90% accuracy, while PaloPro Platform enables measuring and analysing corporate branding on the Web and social media offering to subscribers real-time sentiment for all news, posts, discussions and videos of the internet and social media.
About SYSTRAN
With more than 50 years of experience in translation technologies, SYSTRAN has pioneered the greatest innovations in the field, including the first web-based translation portals and the first neural translation engines combining artificial intelligence and neural networks for businesses and public organisations. SYSTRAN provides business users with advanced and secure translation solutions in various areas such as: global collaboration, multilingual content production, customer support, electronic investigation, Big Data analysis, e-commerce, etc. In 2019, SYSTRAN launches a unique cloud-based platform bringing together the best of neural translation technology and a global network of experts to train domain-specific translation models. With this Marketplace, SYSTRAN has the ambition to offer the best translation quality through thousands of translation models tailored to domains such as legal, medical, IT, retail and much more.
For more information, visit www.systrangroup.com and test translation quality here: https://translate.systran.net
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