An article by Jennifer Beaupre, Senior Marketing Manager of SDL, gives an interesting and quite thorough introduction to the world of machine translation. The article, available on TranslationDirectory.com, provides an overview on market trends, approaches to machine translation, and several basic types of MT that vary in speed, accuracy, and quality.
According to the article, the main reasons for using machine translation are speed, cost savings, and consistency. Companies are constantly demanded to improve cost and time deficiencies while maintaining the highest levels of customer satisfaction. Those companies that are able to implement business processes that are faster and lower in cost, deliver better customer service and support, and improve productivity among their employees, will succeed in the marketplace. The use of MT alone or in combination with other technologies, such as translation memory, terminology management systems, and human post-editing, can provide significant cost savings, accelerate time-to-market and provide high quality results.