The name Wordfast is used for any of a number of translation memory products developed by Wordfast LLC. The original Wordfast product, now called Wordfast Classic, was developed by Yves Champollion in 1999 as a cheaper alternative to Trados, a well-known translation memory program. The current Wordfast products run on a variety of platforms, but use largely compatible translation memory formats, and often also have similar workflows. The software is most popular with freelance translators, although some of the products are also suited for corporate environments.