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SDL Trados Studio is delivered with several tools and applications. These are:
SDL Trados Studio
The main application providing a complete environment to edit or review
translations, manage translation projects, organize terminology, and connect
to machine translation.
SDL MultiTerm
A terminology management tool that is integrated with SDL Trados Studio for
adding, editing and managing terms.
SDL Language Cloud
Secure access to machine translation engines that can be accessed directly
from within SDL Trados Studio.
SDL OpenExchange
SDL Trados Studio includes several applications for the SDL OpenExchange an online marketplace which offers apps to help with a range of translation
processes, for example further file format support and task automation.
The translation memory format of Trados is SDLTM.
When creating a new (file-based) translation memory, SDL Trados Studio
creates a database file in which all translation units are stored. The translation
memory also stores structural and context information to link all the different
segments and their position in a document. This allows the tool to select the
most relevant translation memory segment.
The latest stable release is SDL Trados Studio 2015 Service Release 2
released in March 2016. SDL Trados Studio 2017 is expected to be released
by the end of 2016.