Financial Daily from THE HINDU group of publications Tuesday, Mar 14, 2006 |
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Outsourcing Info-Tech - Outlook Lyric Labs scouting for business partner L.N. Revathy
Coimbatore , March 13 Global communication enabler, Lyric Labs is looking for a business partner in strategic locations within the country. The Coimbatore-based company, which offers Net-enabled translation services, has until now limited its operations to city-based companies. Having established a firm foothold in its home turf, Lyric Labs is looking expand and grow in places such as Hyderabad and Pune. `We are not looking at software hubs alone. There is tremendous opportunity for such services in the tourism, petrochemical, insurance and banking industries,' its Managing Director, Mr V.R. Sasidar, told Business Line. The company has, since its inception in 1998, helped renowned corporates translate their technical, training, marketing manuals and other documents in Indian regional and foreign languages to enable their clients to understand the contents in their native language. `Over 3,000 translators from across the world are involved in this service. They are registered members and their number is growing by the day. Since the job involves translation of technical manuals, we have to ensure accuracy of the content and the work will have to be delivered within the specified time frame," Mr Sasidar explained.
Translators
Stating that the translators would have to hold a professionally recognised qualification in a translation-related subject and could be specialists in other fields as well, he said the company let these translators translate in their `mother tongue'. "If the translator is from Spain, he or she can translate from English to Spanish but not vice versa," A "gisted" translation allows the reader to understand the meaning of the original document and determine its relevance to their business," Mr. Sasidar explained.The company has job orders that would run up to 2007. It has recently signed a contract with the UK-based Accentra Technologies for their software localisation. "Accentra is into accounting and pay-roll solutions. They have implemented a solution for a bank in Croatia. They now intend to localise it and make the solution user-friendly. We have agreed to localise their software in foreign languages like Slovenian, Croatian and Arabic. They have indicated their willingness to proceed further and hand over more language assignments for localisation," Mr Sasidar said.
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