Poor communication and language barriers are costing companies a lot of money, yet executives aren’t doing enough about it. According to a report by the Economist Intelligence Unit – a business research unit of the Economist magazine — nearly half of the 572 senior executives interviewed admitted that misunderstandings and “messages lost in translation” have halted major international business deals for their companies.

 What if different languages didn’t exist? Wouldn’t that make business so much easier? Although this may be true, the existence of many languages provides the opportunity to create a competitive advantage in a global market.

With the rise of globalization, overcoming the language barrier is more important than ever for businesses, and sometimes the only option is to use a translator to reconfigure information across two different languages.

In many cases hiring a translator is impossible, but thankfully, technology has come as far as to create an artificial intelligence that works as a two-way translator in 20 languages, it is called Tragl and works with any smartphone. Just select your native language and the language you wish to translate.

Connect via Bluetooth the hands-free device and speak into the microphone, the speaker will automatically translate what you said and as your counterpart phrases a response the microphone will receive it and you will hear it 2 seconds later into the earpiece. It is as simple as that.

The future of your business is here, take advantage of this opportunity to grow and start making your small company a global company by tearing down the language barrier.