Report written by Miguel Sepulveda.
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.
Not all forecasts are built alike. However, we find that a great forecast has seven distinct attributes. In this article, we explain what factors should be taken into account when forecasting localization needs and creating your localization budget.
How will you show the value of your work to executives or clients if all the innovation you have to offer for your localization program is related to cutting costs?
At Nimdzi, we have a team of professional experts that will help you identify the different areas and variables that you need to consider to ensure that you are on the right path to enable international growth. Shall we talk?
Deliveroo is a British online food delivery company founded in 2013. Today, Deliveroo operates a hyperlocal three-sided marketplace, connecting local consumers, restaurants and grocers, and riders to fulfill a mission-critical, emotional purchase in under 30 minutes. By offering fast and reliable delivery which consumers can track online, Deliveroo has grown rapidly. Deliveroo now operates in 10 markets worldwide: the United Kingdom, France, Belgium, Ireland, Italy, Singapore, Hong Kong, the United Arab Emirates, Kuwait, and Qatar, working with thousands of restaurants and grocers, thousands of riders, and serving millions of consumers.
Ørsted is a Danish multinational power company which is headquartered in Fredericia, Denmark. It’s the largest energy company in Denmark and the world's largest developer of offshore wind power. Aside from wind farms, the company develops, constructs, and operates solar farms, energy storage facilities, renewable hydrogen, green fuels facilities, and bioenergy plants. Ørsted produces 90% of its energy from renewable sources and has plans to increase this to 99% by 2025. The company is considered a global leader in climate action and was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi).
At the heart of the bustling world of modern dating, Tinder shines as a beacon of possibilities. Tinder emerged in 2012 as a cultural phenomenon, capturing the essence of connection and exploration. Through a seamless blend of features and user-friendly design, the platform empowers individuals to navigate the realm of building connections, embracing the excitement of swipes, and the thrill of potential matches.