Xcelerator Machine Translation Ltd. is pleased to announce that its Founder and Chief Architect, Tony O’Dowd was today presented with the ICT Commercialisation award 2013. The Information Communication Technology Commercialisation award was given in recognition of the exemplary way in which Tony O’Dowd succeeded in bringing his publicly funded research idea into a business reality.
Tony O’Dowd was presented the award by Seán Sherlock, Minister for Research & Innovation, at this years’ Big Ideas showcase at the Aviva Stadium, Dublin on September 25th. ‘Gearóid Mooney, Manager of Research & Innovation at Enterprise Ireland congratulated Tony O’Dowd on his achievement and explained why Enterprise Ireland selected him for the award; ” Tony was an Enterprise Ireland Business Partner and a member of the CNGL industry board when he spotted a commercial application for research conducted by the SFI funded centre. He worked with Enterprise Ireland Commercialisation fund and staff to develop his technology and his business plan to the point where it was mature enough to base a new start-up company on it”. “Facilitated by the DCU Technology Transfer office, Tony established Xcelerator Machine Translations Ltd. And licensed technology from CNGL. The company based at INVENT DCU. Successfully completed a substantial investment in December 2012.
The company currently has 14 full time employees and is growing a substantial client base with an innovative cloud based Machine Translation service” said Mooney. Minister Sherlock also presented awards to Dr. Mark Southern and Professor Louise Kenny. What is KantanMT™? KantanMT (kantanmt.com) is a cloud-based implementation of Moses statistical Machine Translation technology. Leveraging the power and flexibility of the cloud, KantanMT effortlessly scales to generate a high-quality, low-cost Machine Translation platform for small-to-medium sized Localisation Service Providers. What is Xcelerator? Xcelerator Machine Translations Solution is a new start-up that is focusing on making Machine Translation easy to use, inexpensive to access and available to mid-sized LSPs that are eager to integrate MT into their client’s localisation workflows.
Xcelerator is focusing on the growing number of small-to-medium sized language service providers (LSPs) that want to or must offer machine translation to their clients. Recent research on pricing shows that while a very small percentage of translation agencies use MT on every job, nearly a quarter of small LSPs, and more than half of medium-sized LSPs, will apply it if requested to do so by their clients. However, most providers don’t have the technical expertise to install an MT solution, train engines for their clients, and integrate it with their workflow. Xcelerator aims to fill that gap.