This document discusses building the localization web by publishing localization data on the semantic web using W3C standards. This enables terms and translations to become linkable resources that can add value when leveraged for machine translation and text analytics. The localization web is envisioned as a decentralized, annotated global translation memory and term base. Examples of use cases involving publishing linguistic data as linked open data are provided, as well as how different language resources, technology, and workflows are interdependent in the language lifecycle.