Localization Budgeting

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“How-to” guide to localization budgeting

Calculating exactly how much it will cost to localize your digital content can be complicated and complex, as there’s no quick and dirty formula for estimating localization costs with any degree of precision. Quite to the contrary, creating an accurate localization budget requires an in-depth, detailed analysis of the materials to be localized, since there are so many factors that can affect the cost of localization that must be taken into account.  

A business forecast can be a vital tool for localization budget planning and value creation,  guiding actions by providing inputs needed to execute operational initiatives. 

Included in the report

  1. Languages/markets
  2. Content prioritization
  3. Innovation
  4. Localization tools  
  5. Number of words
  6. Business-wide initiatives
  7. Analogous estimation
  8. Tech efforts
  9. Summary