Memsource

Memsource (now Phrase^[1]) is a cloud-based commercial translation management system and computer-assisted translation (CAT) tool. It is developed by Memsource a.s., headquartered in Prague, Czech Republic.^[2] According to research by Deloitte, in 2020 Memsource a.s was one of the top 50 fastest growing IT companies in the Czech Republic.^[3]

Memsource

Developer(s)	Memsource a.s.
Platform	Windows, MacOS, Linux, Android, iOS
Type	Computer-assisted translation
License	Commercial
Website	www.phrase.com

History

Memsource was founded in 2010 by David Čaněk. Memsource Cloud was launched for the public at the beginning of 2011.^{[citation needed]}

In the third quarter of 2015 Memsource translated over a billion words on its platform for the first time.^[4]

In May 2018, Memsource was granted a patent for its AI non-translatables feature^[5] and in October 2018, launched its second AI feature, a quality estimation endpoint to enable users to see MT quality scores before post-editing.^[6][7][8]

In 2019, Memsource was ranked as the Most Viable Product in the Marketflex for Language-Oriented TMS, published by Common Sense Advisory (CSA) research.^[9]

In July 2020, The Carlyle Group acquired a controlling share in Memsource for an undisclosed sum.^[10][11][12]

In January 2021, Memsource a.s acquired the Hamburg-based TMS Phrase.^[13][14]

Features

Memsource’s features include support for translation memory, termbases, automatic quality assurance, CMS connectors, REST API, and 3rd party machine translation engine connectors.^[15][16] Machine translation is also natively supported through the Memsource Translate hub, which includes AI-powered management features such as fully managed engines, MT Autoselect and machine translation quality estimation.^[17] The platform supports over 50 file types, including custom file types.^[18]

Memsource is available for Windows, Mac, and Linux systems.^[19] It is also accessible through a mobile application on Android and iOS devices.^[20]