Diploma Thesis from the year 2007 in the subject Computer Science - Software, grade: 2,3, University of Applied Sciences Ansbach, language: English, abstract: “TRANSLATION is very much like copying paintings.” These are the words of Boris Pasternak (1890-1960), a Russian Poet, Novelist and Translator. The key to translation is not only understanding and being fluent in more than one language and having an understanding of language and culture, but also being able to convey the meaning of the text in one language into the other. However, just the knowledge of different languages is not enough to succeed in the competing world scene of translation. Through the immense development of the Internet, information technology, and ongoing globalization, “translation complexity takes a quantum leap” and forces today’s translators to use computer technology, advanced software applications, and computer-aided translation tools to meet enhanced translation requirements in a timely manner. In order to be successful translator in today’s fast turn around times, the knowledge of and skills in different translation facilitating programs are essential. Translation is a difficult process, which requires computer and software skills in addition to proficiency. The translation business is quickly becoming one of the fastest growing markets in the world, and as a result, translators must develop efficiencies in their processes to meet the increasing demand and to be able to offer competitively priced services. The purpose of this thesis is to analyze the major translation tools available in the marketplace and to illustrate how they benefit the translator in multiple ways. This thesis will combine the essential knowledge of these different software tools and provide the important criteria required to choose the appropriate foreign language translation software.