| Product | Market Share (%) |
|---|---|
| Phrase Localization Platform | 9.7% |
| Lilt | 4.7% |
| Other | 85.6% |
Lilt is an AI-powered enterprise translation software and services company.
Lilt's AI-powered solution combines adaptive neural machine translation technology, an enterprise translation management system, and world-class professional translators to give organizations everything they need to scale their translation programs, go-to-market faster than ever, and improve the global customer experience.
Phrase's platform is a cloud-based solution designed to streamline the localization and translation process for digital products. It acts as a central hub for managing text strings within software, websites, or video games by extracting them from code repositories or design files for easy translation. The platform includes a comprehensive Translation Management System (TMS) with machine translation, translation memory, and terminology management. It leverages AI for automating tasks such as content import/export, machine translation selection, and quality assurance checks. Phrase offers collaboration tools for project managers, linguists, and developers, and integrates with development tools like GitHub and Figma, as well as content management systems like WordPress and Contentful. Built with robust security and scalability, it can handle large projects and global teams efficiently.
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