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Straker (ASX: STG)

Straker Translations Ltd. engages in the provision of cloud-enabled translation services. The firm provides RAY Translation Platform, which utilizes a combination of machine translation and a crowd-sourced pool of translators. The company provides DELTARAY that enables customers to order a translation, track progress, assign users, give access to validators, get reports and make payments. Its XRAY is a data analytics engine for translation services. The company offers STINGRAY, an enterprise translation application program interface (API) enabling easy automation and streamlining of the complete translation process, which connects directly into the RAY Translation Platform. Its RAY MT PLATFORM is a bespoke machine translation engine that assists translators. The company has separate memory capabilities per client, enabling intuitive and quality text matches each time a translator saves content. The company also offers Lingotek, a cloud-based translation management solution.

Here are the latest articles on Straker Translations (ASX: STG)

Straker introduces AI Cloud and Verify services amid dwindling revenue and lowered sales

In FY24, AI-driven language and content services provider Straker (ASX: STG) faced market conditions tougher than initially expected, with lower revenue growth and subdued M&A activity. Investors did not look kindly upon this underperformance, with Straker shares falling about 37% in FY24. During the period, Straker diversified its services to include a generative AI-based product

Straker shares surge 93% on selection by IBM for global translation services

With the major expansion of their cloud computing capabilities, tech conglomerate IBM has selected Straker Translations (ASX: STG) to provide adaptive translation services across several IBM technology platforms. The partnership expands on an existing one between the two companies where Straker had previously translated Spanish for IBM, but will now apply the artificial intelligence-powered tech

The New Criterion: stocks that benefit from the enforced working from home boom

Having been a euphemism for skiving off or perhaps minding sick kids, ‘working from home’ (WFH) has become not just accepted but a compulsory requirement – or imposition – for white collar workers. Our tip is that, post COVID-19, divorce lawyers will emerge as the premier growth sector as working spouses see far too much