LT-Innovate's Innovation Acceleration programme 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 (see grey section of the graph below). 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 world-class applied researchers.
Currently, the Innovation Acceleration programme focuses on:
- contributing to a better knowledge and understanding of LT markets through the LangTechNews information channel and the LT Market Observatory;
- facilitating the intearction between LT vendors and buyers through targetted events (conferences, workshops, focus groups, bilateral meetings) providing insights into the needs of verticals (see past experiences with Segittur, Bayer, Daimler, Oracle, Stepstone, Sail Labs, Europeana, Wolters Kluwer, Speexx, Airbus, EurActiv...);
- fostering the coorperation between vendors and researchers through an increased awareness of industry's research needs and dissemination of research results;
- encouraging the coming together of collaborative buyer-vendor-researcher consortia to take advantage of market-driven innovation opportunities.
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: 2014 - The year of the verticals for Europe's language technology industry - 18 May 2014
Findings on LT Needs in Vertical Industries (LT-Innovate report on Focus Groups organised in 2013)
Market Survey - LT2013: Status and Potential of the European Language Technology Markets - 08 April 2013
Press release: 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 - 06 December 2012
Background document: Companies, Products and Services in the LT Industry - 27 April 2012