The Skype Translator is available to Skype customers who have signed-up via the Skype Translator sign-up page and are using Windows 8.1.
Skype asked two schools to try Skype Translator — Peterson School in Mexico City, and Stafford Elementary School in Tacoma, USA — playing a game of 'Mystery Skype' in which the children ask questions to determine the location of the other school. One classroom of children speaking Spanish and the other speaking English. Watch the video below:
In May 2014, Skype had unveiled its plans for a live translate feature. While it makes for an intriguing idea, I am skeptical about its real-world usefulness. My doubts are based on the inaccuracies in two systems — text-to-speech conversion and text-to-text translation. Till date, I haven't found a translation system reliable enough for real-world purposes.