Lengoo is among the winners of the Technology Fast 50 Award 2020, the national ranking of the fastest growing companies in the technology sector in Germany. Every year, the consulting firm Deloitte honours the 50 fastest growing companies in the German tech sector with this award. The rankings are based on the percentage growth in turnover over the last four financial years (2016-2019). The success is owed to the development of Lengoo’s flagship translation technology: an interactive modelling loop that combines input from individualised neural network-based machine translation and linguists.
Accelerated digitisation during the corona pandemic
The already strong demand for machine translation in industry has risen sharply again in the wake of the corona pandemic reports Christopher Kränzler, CEO and co-founder of Lengoo.
“The corona crisis has forced companies to digitise virtually overnight. Many have realised that this is easier than long assumed and that digitisation offers a whole range of other advantages. As a result, more companies than ever are now looking for digital solutions. We are clearly sensing this effect. The already strong demand for our translation technology has once again experienced incredible growth” says Christopher Kränzler.
Lengoo is an AI-first language tech company and has developed a highly specialised technology for machine translation. Thanks to the high degree of automation in project management and the translation process itself, Lengoo’s technology can significantly reduce the time and costs of professional translations. More than 3.000 customers such as Sunrise Communications, Sixt and HelloFresh already rely on the technology. For more information see https://www.lengoo.com/.
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