Posted: 27/04/18
ADAPT spin-out company, Iconic Translation Machines (Iconic), a leading Irish translation software companyhas been awarded the Knowledge Transfer Ireland (KTI) 2018 Impact Award in the Licence2Market category. The KTI Awards recognise successes in knowledge transfer carried out in Irish publicly funded research organisations. Iconic were jointly nominated with Dublin City University in the License2Market Impact Award based on the market success of Iconic’s leading-edge translation software incorporating underlying machine learning technology licensed from DCU.
The awards ceremony was held in the Royal Hospital Kilmainham, in Dublin, Thursday, 26th April. The awards were presented on the night by John Halligan TD, Minister of State for Training, Skills, Innovation, Research and Development. Congratulating the awardees, Minister Halligan said:
“My Department, through Knowledge Transfer Ireland, has taken a pro-active approach to encouraging and supporting innovation from the research base in Ireland. We have a clear national research commercialisation policy and the tools to enable it including the national IP Protocol, the Technology Transfer Strengthening Initiative and the establishment of KTI. The results from our knowledge transfer system are encouraging and these awards showcase just some of the recent successes.”
The KTI awards, across six categories, recognise top performance in industry engagement and commercialisation of research and they pay tribute to the business and research performing organisations involved in knowledge transfer in Ireland. The Licence2Market award is in respect of a product or service that is active on the market or delivering customer benefit and value to the licensee.
Dr Alison Campbell, Director of Knowledge Transfer Ireland, also congratulated the six awardees: “The Impact Awards are an important event in Ireland’s research and innovation calendar, recognising knowledge transfer successes and the people who make them happen. They are also an opportunity for us to demonstrate the wider impact of knowledge transfer. The projects celebrated at the awards are addressing societal challenges, as well as creating economic value.”
Founded as a spin-out company from DCU, Iconic built upon a decade’s worth of leading research and development into Machine Translation (MT) and Language Technology from the Science Foundation Ireland (SFI) funded Centre for Next Generation Localisation (now ADAPT Centre). From this research, Iconic developed its flagship product for the patent and legal translation industry, IPTranslator, which delivers high-quality MT adapted specifically for this domain based on scientific expertise and deep domain knowledge. The underlying Machine Learning technology licensed from DCU underpins the domain adaptation techniques used by Iconic and is core to Iconic’s proprietary Ensemble Architecture for Neural Machine Translation.
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