Machine Translation (MT) can provide a direct impact to the profit of professional translators and small and medium-sized LSPs. While still many think that MT is limited to Google or Bing, there are cost-effective solutions in the market that can be used in many situations to increase the speed, reduce the turnaround time, and improve the consistency (quality) of our jobs. In this session, we will cover the most important topics needed to successfully train, improve, measure, and price MT systems, even with the small Translation Memories (TMs) that are common among the translation industry. Together with processes, we will cover the available tools in the market, so that it is easier for freelancers and small LSPs to both increase the bottom line and diversify the operations thanks to exploiting new business opportunities. Presentation at Elia Together (February 12th 2016)