Is translation memory a good way to reduce costs?

Yes, translation memory can be an excellent way to reduce the total cost of translation over time. Generally, companies can see between 40% and 90% overlap in their content. Even companies with a small amount of content can realize significant cost savings from translation memory.  Not only that, but translation memory offers additional benefits, such as quality and consistency. Companies with a high degree of content complexity across many different parts of a company can see even bigger benefits from using translation memory.

About Nataly Kelly

Nataly brings nearly two decades of translation industry experience to Smartling, most recently as Chief Research Officer at industry research firm Common Sense Advisory. Previously, she held positions at AT&T Language Line and NetworkOmni (acquired by Language Line), where she oversaw product development. A veteran translator and certified court interpreter for Spanish, she has formally studied seven languages, and is currently learning Irish. A former Fulbright scholar in sociolinguistics, Nataly lives in the Boston area with her husband and daughter. When she isn’t working, you’ll usually find her translating Ecuadorian poetry, writing books, and exploring the world (36 countries and counting!).