MOUNTAIN VIEW, Calif., Feb. 12, 2014 /PRNewswire/ — Based on its recent analysis of the Internet software and services market, Frost & Sullivan recognizes LinguaSys, Inc. with the 2013 North American Frost & Sullivan Early Stage Investment Opportunity Award. As businesses become increasingly globalized, companies have to consistently communicate in a variety of languages. LinguaSys caters to this market need with its software solutions that enable it to add more language packages in 120 days, which is a third of the average delivery time. The solidity of its business plan and product has attracted the attention of several investors.
The effectiveness of a solution is determined by the correct interpretation of the semantics of the message. As the implementation of such solutions can vary widely, intellectual property is a critical factor for success. Even in the absence of such intellectual property, the ability of the solution to gather multiple social media networks across languages can set a company apart.
“LinguaSys has made the most of the opportunities by developing the Carabao Linguistic Virtual Machine™, which is at the core of its semantic analysis offerings,” said Frost & Sullivan Senior Research Analyst Renganathan Krishnamurthy. “The value of its packages won it investments totaling $1,300,000 from five investors in two tranches.”
Unlike most competing translation models, which are statistics-based, LinguaSys’ product is semantics based and allows the software to analyze the content and detect the underlying meaning, emotion or sentiment. Furthermore, the semantics based model allows context-based understanding, which is a critical feature because the same word can sometimes have multiple meanings. Finally, the software stands out for using the same deep analysis that is used for sentiment and translation to offer complex natural language understanding (NLU) in all supported languages.
About LinguaSys, Inc.
LinguaSys solves human language challenges in big data and social media for blue chip clients around the world. Its natural language processing software provides real-time multilingual text analysis, semantic analytics and fast, cost-effective natural language user interfaces (NLUI). The solutions are powered by LinguaSys’ Carabao Linguistic Virtual Machine™, a proprietary interlingual technology, to deliver faster and more accurate results. Designed to be easily customized by clients, the solutions can be used via SaaS or behind the firewall. Headquartered in Boca Raton, Fla., LinguaSys is an IBM® Business Partner. www.linguasys.com @linguasys
Original Release: PR Newswire
Image: Courtesy LinguaSys