making terms matter 2015. hanne erdman thomsen, copenhagen business school

12
25 Sept 2015, Kista Making Terms Matter Financially: Cost Benefit Analysis of Terminology Work Hanne Erdman Thomsen Dept. of International Business Communication

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Page 1: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

25 Sept 2015, Kista

Making Terms Matter – Financially: Cost Benefit Analysis of Terminology Work Hanne Erdman Thomsen

Dept. of International Business Communication

Page 2: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Research: ROCK

• Formalization & automization: dtbTools

Terminology at CBS

• dt Crawler

• dt Tag

• dt eXtractor

• dt Relations – intra

• dt Relations – extra

• dt Validator

DanTermBank Project Test Site: http://dtb.i-term.dk/

Page 3: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Development & consultancy: DANTERMcenter

• Concept clarification

• i-Term suite

Terminology at CBS

Page 4: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Meta analysis

• Introducing the need

• Pricing terminology work

• Types of costs & benefits

• Statistical data

Cost-benefit analysis of

terminology work

Page 5: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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The model

Realization

Level of ambitions

Evaluate alternatives

Determine alternatives

Evaluation total benefits Evaluation total costs

Critical success factors and uncertainties in the C/B analysis

Compare costs and benefits at a given value

Choose the best alternative

Cost

Tangible Intangible

Direct Indirect

Initial

Operating

Holm-Rasmussen et al. (2005) Grinsted & Thomsen (2009)

Benefit

Tangible Intangible

Direct Indirect

Page 6: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Introduction of term base

as a tool in translation

Example

Page 7: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Costs

Tangible costs Intangible costs

Direct costs Indirect costs

Initial costs Tools

Customizing

Licenses

Training courses

Conversion of existing

data

Testing

Project management Resistance to change

Uncertainty

Operating

costs

Upgrades

Licenses

Maintenance

Training courses

Terminology work

Project management

Derivative products

(e.g. reports)

Technical expertise

Involvement of subject

experts

Costs

Page 8: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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1. Realization

2. Level of ambitions

4. Evaluate alternatives

3. Determine alternatives

Evaluation total benefits Evaluation total costs

Critical success factors and uncertainties in the C/B analysis

Compare costs and benefits at a given value

Choose the best alternative

Cost

Tangible Intangible

Direct Indirect

Initial

Operating

Holm-Rasmussen et al. (2005) Grinsted & Thomsen (2009)

Benefit

Tangible Intangible

Direct Indirect

Page 9: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Benefits

Canadian report: The economic value of terminology

“(….) few attempts have been made in the past

to assess the economic value of terminology. Industry

professionals do not necessarily see their work and

their profession from this angle. They see

terminology’s qualitative impact on the language

process, but definitely not its economic impact”.

Guy Champagne (2004)

Page 10: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Benefit

Tangible Intangible

Direct Indirect •Easier translation •Easier to coordinate across parts of document •Better internal communication •Customer focus •Quality in products and services

Benefits – translation case

• Savings in translation

process

Time saving in

• training new employees

• inter-departmental

meetings

• Time saving in proof

reading

Page 11: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Language & Communication

• National language policy

• For authoring tools – consistency

• To facilitate internal communication

• To empower external stakeholders to enter into dialogue

IT development

• Interoperability between systems

• User-friendly GUIs

• Reliability of Business Intelligence

• Common understanding of requirement specifications

Other cases?

Page 12: Making Terms Matter 2015. Hanne Erdman Thomsen, Copenhagen Business School

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Benefit

Tangible Intangible

Direct Indirect

Benefits – _______________ case

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