According to the Nimdzi 100 annual report, the language services industry will reach USD 53.6 billion in 2019 and is projected to reach USD 70 billion by 2023. While conducting the research for the Nimdzi 100, we reached out to the national statistics bodies of 80 countries with the largest GDP. 39 offices responded with […]
Find leading global language services providers to buy from, invest in, partner with or work for. The Nimdzi 100 features the largest companies in translation, interpreting, media localization, and any language-related business. Compiled from in-depth interviews, surveys, annual financial reports, and other sources, the list offers insights into the state of the language industry in […]
Most Finnish LSPs build their businesses around local customers and government programs. However, over the last couple of decades, Finland changed its external trade significantly, and while it still sells a lot to Russia, the top trade partners are now Germany, the United States, Sweden, and the Netherlands. […]
Terminology management is a vital step in any successful translation project. As a key asset of SEO and content management, terminology is also essential for data transfer and perception by the target audience. In fact, we all use terminology. Read the full report to learn why investing in management terminology just makes sense. […]
The global smart home market could likely reach well over USD 115 billion by 2023 with an annual growth rate of more than 20 percent. As home automation popularity increases, language services will become an increasingly heated topic with Amazon, Google, and Apple remaining at center stage in the multilingual high stakes competition. […]
With more and more translation companies moving into media localization to reap the benefits from the entertainment industry, we decided to look at the business side of Russian entertainment localization. […]
2018 has been a game changer for the Russian language services market. This year’s Translation Forum Russia, held in Yekaterinburg, highlighted major shifts in the buyer and seller landscape, and in technology. […]
It might be a hot summer in Paris, but mergers and acquisitions in the language space are even hotter. The French market has been transformed by finance-backed LSPs. What does it mean for different stakeholders in the language business? […]
In January 2018 Unbabel closed a USD 23-million “Series B” funding round from M12, formerly Microsoft Ventures. This brought their total investment to USD 31.2 million, making Unbabel the 3rd most funded tech startup ever in the language space. The team vowed to disrupt the industry and become “the world’s language layer.” […]
Interpreting services have been grossly underrepresented in the retail industry. Traditionally, interpreting has only been used in retail to manage and resolve legal disputes, accounts receivable, or collection issues. In this report, we look at how interpreting services can not only benefit consumers but can also increase return on investment (ROI). […]
