Technology has continuously transformed language services. The future capacity of companies and individuals to win business and influence the industry depends on having a technological advantage. Locations with hubs of impactful and popular language technologies will attract better talent, create more jobs, and enjoy economic development more than others.
Countries and cities with important language technology hubs have seen hundreds of jobs created, industry conferences launched, specialist schools opened, and venture investment attracted. For national and city governments, there is a lot of sense in developing language technology hubs around existing companies and universities because it drives local economies.