The Innovation Acceleration programme is about streamlining and optimising the functionning of the LT value-chains through:
- surveyig the LT buyer and end user markets
- helping LT buyers and users define their needs
- helping LT buyers deliver a better service to end users
- facilitating the collaboration between LT vendors in terms of delivering better solutions
- helping LT vendors grow international
- outlining priorities for the provision / procurement of LT applied research
- facilitating the transfer of technologies between applied reserachers and LT vendors
LT-Innovate's LT2013 Report has shown that language technologies (LT) are one of the fastest growing segments of the ICT markets in Europe. Nowhere is this illustrated better than in "Facts and Figures about Language Technology in Europe", the Infographic LTi published in November 2013.
Encouraged by these findings, LT-Innovate sees great opportunities in accelerating the pace of innovation in this key sector, which could become a prime driver of the European economy during the decade 2015-2025.
This could be achieved through increased collaboration between LT vendors, an incresased focus on satisfying the needs of technology buyers and users, a more homogeneous relationship with Europe's leading-edge researchers... and better framework conditions and policies.
As shown in the graph above, LT-Innovate's Innovation Acceleration methodology is based on an analysis of the value-chain which reveals that the process of innovation can be accelerated (or slowed down) by a series of factors. Ideally, all these factors need to be addressed to ensure a smooth and steady flow of innovation from the drawing board of the researcher to the end consumer in the various application markets.
Many language-dependent production processes and service processes could be streamlined and simplified by a pervasive deployment of language technologies to facilitate ubiquitous multilingual data access, semantic enrichment & processing, as well as seamless voice (or even multimodal) interaction.
In the short-term, LT-Innovate sees the key driver of innovation in an intensified interaction between LT vendors and buyers, with the double goal of identifying buyer (and user) needs and delivering mature responses to these based on reinforced vendor collaboration. The latter could be further reinforced by harnessing the strengths of Europe's world-class applied researchers.
LT-Innovate is addressing these challenges through its INNOVATION ACCELERATION PROGRAMME, which can report the following achievements so far:
- survey of the needs of specific buyer markets through Focus Groups (healthcare, manufacturing, publishing, tourism, security,,,);
- identification of individual buyers with language-related challenges (Segittur, Bayer, Daimler, Oracle, Stepstone, Sail Labs, Europeana, Wolters Kluwer, Speexx, Airbus, EurActiv...);
- collaborative vendor consortia coming together to address the above challenges.
Multilingual Europe: The Crowning Touch to the Digital Single Market - A Call for Action - 28 April 2015
LT-Innovate Innovation Agenda & Manifesto: Unleashing the Promise of the Language Technology Industry for a Language-neutral Digital Single Market - 24 June 2014
Blog article by Jo Céline - 18/05/2014: 2014 - The year of the verticals for Europe's language technology industry
Findings on LT Needs in Vertical Industries (LT-Innovate report on Focus Groups organised in 2013)
Market Survey 08/04/2013 - LT2013: Status and Potential of the European Language Technology Markets
Press release - 06/12/2012: A Major Effort to Deploy Language Technologies is Necessary to Ensure Europe's Global Market Position in eContent and to Secure the Digital Single Market.
Background document 27/04/2012- : Companies, Products and Services in the LT Industry