Translation software developer opts for business of licensing of technology to content portals
Nine months ago, Hong Kong software developer iSilk was quietly positioned as the world's only Chinese-English translation portal, providing free online translation.
Now the iSilk home page is no more than an e-mail link with an 'under construction' notice. So has iSilk gone the way of so many other Web portals?
Not exactly. Though the translation portal has gone, iSilk is very much alive. While continuing its research-and-development work, the company has abandoned the consumer front-end in favour of licensing its technology to full-time content portals.
'The technology that we have is enabling technology,' chairman Dekai Wu said. 'It is infrastructure. It is something we help a lot of companies to make money with in their models.
'We work with partners to enable them in ways that use the language technology to directly drive their business models. That is our model. We are not a consumer brand or destination site.'
The first partner was Hongkong.com, which began offering iSilk's Turbo Translator on its site in March.