Latest news with #GrantStraker
Mercury
6 days ago
- Business
- Mercury
Straker adds n8n to growing list of AI platform integrations
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Straker has launched an integration with AI workflow platform n8n The company delivered record adjusted EBITDA of $4.8 million in FY25 Ord Minnett has upgraded Straker's price target to 52c Special Report: ASX-listed language tech company Straker has extended its reach into the fast-growing enterprise automation market, announcing a new integration with AI workflow platform n8n. This comes just days after Straker (ASX:STG)reported record profitability and winning a price target upgrade from broker Ord Minnett. The integration introduces Straker's Verify product – its AI-powered translation quality and compliance tool – into n8n's ecosystem, giving over 230,000 active users and 3,000 enterprise clients the ability to automate translations, receive real-time quality scores, and seamlessly escalate content to human linguists when needed. The partnership forms part of Straker's broader platform strategy, which has already seen the company integrate its services into workplace staples like Slack, with plans underway to launch in Microsoft Teams. 'As organisations race to adopt generative AI workflows, translation accuracy and oversight cannot become casualties of speed,' said co-founder and CEO Grant Straker. 'This integration with n8n ensures businesses can move fast without compromising on the quality their global audiences demand. It is yet another example of Straker's strategy of leveraging third-party platforms to cost-effectively broaden the reach of our sales efforts and grow Straker's high-margin recurring revenue.' The new capability is particularly relevant to highly regulated sectors such as financial services, healthcare, and legal, where accuracy and compliance are non-negotiable. Users can deploy Verify to automatically trigger translations, evaluate content quality in real time, and apply human oversight only where needed offering both scale and assurance. Record results, stronger margins The announcement comes off the back of Straker's FY25 financial results, which saw the Auckland-based firm deliver revenue of NZ$44.9 million – at the top end of guidance – and adjusted EBITDA of NZ$4.8 million, a company record. Gross margins rose more than 300 basis points to 67 per cent, reflecting a strategic pivot toward AI-enabled, recurring revenue streams and away from lower-margin, legacy translation work. Ord Minnett responded by lifting its 12-month price target for Straker by 42%to A$0.52 per share, citing stronger-than-expected execution and rising profitability. The broker noted that the company's adjusted EBITDA came in 141% above its forecast and described the platform strategy as a 'margin-accretive opportunity'. 'The earnings uplift and expanding contribution from newer offerings such as SwiftBridge and Verify position the company well heading into FY26,' the note said. The company's SwiftBridge product, developed in partnership with IBM, recently launched in Japan to support new Tokyo Stock Exchange disclosure requirements. Meanwhile, Verify – now accessible via n8n – delivered more than NZ$1 million in new revenue in its first year. Straker ended FY25 with NZ$12.9 million in cash and no debt. The company reduced headcount by 15 per cent across the year, including a 32 per cent cut in its Production segment, contributing to sustained operating leverage as it scales its software-led offerings. While no formal FY26 guidance has been issued, management expects margin expansion and further growth in recurring revenue lines to continue. This article was developed in collaboration with Straker, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Originally published as Language tech specialist Straker adds n8n AI platform integration
Techday NZ
03-06-2025
- Business
- Techday NZ
Straker partners with n8n to automate quality AI translations
Straker has expanded its range of AI-powered translation tools through an integration with n8n, an open-source automation platform used by more than 230,000 active users and over 3,000 enterprise clients worldwide. The newly released Straker Verify node is now available within the n8n environment, introducing key capabilities for organisations aiming to automate content translation workflows. The integration enables users to trigger translations automatically when new content is created, receive real-time quality assessments, and direct specific content to human linguists at Straker for further review if required. Straker's approach targets businesses facing the challenge of maintaining translation quality and compliance as they accelerate their use of AI in content creation and localisation efforts. This is particularly relevant for highly regulated sectors, including finance, healthcare, and legal services, where translation accuracy can have compliance implications. Organisations in these sectors benefit from automation by being able to quickly scale global content delivery while ensuring linguistic accuracy and meeting regulatory obligations. The integration automates the decision-making process by assigning real-time quality scores to translations and routing content that scores below a certain threshold or is considered high priority for expert human review. Grant Straker, Chief Executive Officer and Co-Founder of Straker, said, "As organisations race to adopt generative AI workflows, translation accuracy and oversight cannot become casualties of speed. This integration with n8n ensures businesses can move fast without compromising on the quality their global audiences demand. It is yet another example of Straker's strategy of leveraging third party platforms to cost effectively broaden the reach of our sales efforts and grow Straker's high margin recurring revenue." The integration is consistent with Straker's ongoing strategy to embed its language solutions within widely used workplace platforms. Previously, Straker developed an application for Slack, which allows users to order translations and monitor progress from within the collaboration platform. The company has also announced intentions to offer a similar solution for Microsoft Teams. The n8n automation platform, headquartered in Berlin, is increasingly used as a foundation for building sophisticated AI-enabled business process flows. It offers flexibility through its open-source nature, allowing businesses to deploy the platform on their own infrastructure and maintain control over their data and AI models. According to the announcement, n8n's deep integration with AI models and tools like LangChain enables technical teams to construct workflows that automate research, generation, refinement, and publication of content across channels. Deploying Straker's Verify node within the n8n ecosystem reflects both companies' focus on supporting complex, AI-driven content operations while ensuring workflow flexibility and regulatory compliance. The newly launched integration is accessible to n8n users who register for Verify AI services. This integration with n8n builds on Straker's history of technical development in AI-driven language services, combining automated translation mechanisms with human linguistic expertise where necessary. Both companies highlight the critical importance of balancing speed and accuracy as the adoption of AI in business workflows accelerates globally.
