AI and Technology Teach In

RWS Holdings PLC

10 October 2023

 

10 October 2023

RWS Holdings plc ("RWS", "the Group", "the Company")

AI and Technology Teach In

RWS Holdings plc ("RWS" or "the Group"), a unique world-leading provider of technology-enabled language, content and intellectual property services, is today hosting an Artificial Intelligence ("AI") and technology-focused teach in, starting at 2.00pm BST. 

During today's event, the Group will demonstrate how it has been pursuing the strategy set out at its Capital Markets Day in 2022, with a specific focus on opportunities to drive both growth and efficiency through its unique range of AI and technology products, its AI-oriented services and its operating platform.

The event will set out the key differentiators that position RWS to be a beneficiary of AI and technology through a series of presentations from leaders across the Group that:

·    explain how AI and technology are critical to RWS and its industry​, with evolving technologies having enabled the growth of the industry over decades;

·    showcase the depth of the Group's capabilities, well-established product and service offering and longstanding expertise in AI and technology;

·    illustrate how RWS sees AI contributing to growth and efficiency;

·    demonstrate the symbiosis between AI and human intelligence in RWS's unique blend of service and technology, which brings synergies through the ability to innovate and train AI models in-house and unrivalled insight into the needs of the users of the technologies;

·    outline some of its future AI and technology developments; and

·    show that, as a long-standing partner, clients are trusting RWS to help them successfully navigate the responsible and ethical application of enterprise-grade AI solutions.

Live demonstrations of the Group's Language Weaver, Trados, Tridion and TrainAI offerings will also take place during the break and after the conclusion of the presentations.

No new material information will be disclosed about trading. An update on trading for the year ended 30 September 2023 is scheduled to be issued on 25 October 2023.

Ian El-Mokadem, Chief Executive Officer of RWS, commented:

"As set out in our Capital Markets Day in March 2022, RWS has recognised the importance of AI and technology for our Group and across our industry for some time. We continue to build on our track record of harnessing new technologies to better serve our clients across increasing volumes of more complex content.

"As we capitalise on our scale, long-standing expertise and well-established products to drive growth and efficiencies across our business, we are well positioned to be a beneficiary of AI."

Registration for, and recording of, the teach in:

To register your interest in the teach in webcast, please email [e-mail].  A recording will be available on the investor relations page of the website (www.rws.com) following the event.

For further information, please contact:

RWS Holdings plc Ian El-Mokadem, Chief Executive Officer Candida Davies, Chief Financial Officer	01753 480200
MHP (Financial PR Advisor) Katie Hunt / Eleni Menikou / Catherine Chapman	[e-mail] 020 3128 8100 07884 494 112
Numis (Nomad & Joint Broker) Stuart Skinner / Kevin Cruickshank / Will Baunton	020 7260 1000
Berenberg (Joint Broker) Ben Wright / Toby Flaux / Alix Mecklenburg-Solodkoff	020 3207 7800

About RWS

RWS Holdings plc is a unique, world-leading provider of technology-enabled language, content and intellectual property services. Through content transformation and multilingual data analysis, our combination of AI-enabled technology and human expertise helps our clients to grow by ensuring they are understood anywhere, in any language.

Our purpose is unlocking global understanding. By combining cultural understanding, client understanding and technical understanding, our services and technology assist our clients to acquire and retain customers, deliver engaging user experiences, maintain compliance and gain actionable insights into their data and content.

Over the past 20 years we've been evolving our own AI solutions as well as helping clients to explore, build and use multilingual AI applications. With 40+ AI-related patents and more than 100 peer-reviewed papers, we have the experience and expertise to support clients on their AI journey.

We work with over 80% of the world's top 100 brands, more than three-quarters of Fortune's 20 'Most Admired Companies' and almost all of the top pharmaceutical companies, investment banks, law firms and patent filers. Our client base spans Europe, Asia Pacific, Africa and North and South America. Our 65+ global locations across five continents service clients in the automotive, chemical, financial, legal, medical, pharmaceutical, technology and telecommunications sectors.

Founded in 1958, RWS is headquartered in the UK and publicly listed on AIM, the London Stock Exchange regulated market (RWS.L).

For further information, please visit: www.rws.com

 

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