New Independent Study Reveals Significant Business Impact of DeepL’s AI Translation Technology—Which Delivered 345% ROI and €2.8 Million in Savings for Global Companies
April 16 2024 - 12:05PM
Business Wire
Global leader in Language AI, DeepL, has released the findings
of a comprehensive study conducted by Forrester Consulting. The
full study showcases the significant business impact of DeepL’s AI
translation solutions across industries—and makes a strong case for
translation as one of the most strategic areas of AI implementation
for companies looking to grow their revenue and enter new markets
faster and at scale.
The commissioned study, "The Total Economic Impact™ of DeepL,"
evaluated the benefits, risks, costs, and flexibility for
businesses using DeepL Translator. Forrester Consulting interviewed
four companies across industries, including energy, financial
services, legal services, and pharmaceuticals, to create a
composite organization for analysis.
The study's results demonstrate that overall, the composite
organization using DeepL achieved significant cost savings
while substantially streamlining team efficiency. We believe
the metrics in the study underscore the transformative impact of AI
translation on international business success.
The study reported a myriad of business metrics for the
composite organization, including:
- A 90% decrease in internal document translation time
- A 345% return on investment (ROI) over three years
- A reduction in translation workloads by 50%
- Workflow cost savings of €227,430 over three years
- Efficiency savings of €2.8 million over three years
Ultimately, DeepL has empowered businesses to reduce their
internal translation time and workload, which has freed up time for
in-house staff—allowing them to focus on other tasks while
maintaining high-quality translations. Additionally, DeepL has
decreased the number of document translation tasks handled
externally—leading to greater efficiency and cost savings.
Employees from the surveyed organizations highlighted the
increased efficiency brought about by DeepL and its impact on their
day-to-day workflows. A surveyed software application lead stated,
"We save time resolving complaints with DeepL, which translates
into cost reduction or profit realization. . . there is no time
spent [manually trying to understand what has happened], we can now
spend time on more diverse, value-added work and be more
productive."
With its advanced Language AI technology and unparalleled
translation accuracy, DeepL is revolutionizing the way businesses
communicate on a global scale. To access the full Total Economic
Impact™ study and to learn more about how AI translation can
empower your business, visit DeepL’s official website.
About DeepL
DeepL is a global leader in Language AI. Since 2017, its
flagship product, DeepL Translator, has delivered the world's most
accurate AI translation quality as measured in blind tests,
breaking down language barriers for businesses everywhere. DeepL
Write, its AI writing assistant, elevates business text with
phrasing, style, and grammatical suggestions that give users a
creative boost in the writing process and transforming their
communication. DeepL’s Language AI combines research and
engineering expertise with that of leading linguists, curating
tools that give businesses a competitive edge through accurate
translation, revolutionized communication, and enterprise-level
security. DeepL was founded by CEO Jarek Kutylowski and is
supported by world-renowned investors including IVP, Benchmark, and
b2venture.
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