The strength of an RFP is its ability to level the playing field, to make explicit what is required, and to find vendors who can prove they are able to deliver. Moreover, the RFP offers a way to cut through the bells and whistles (not to mention the favoritism and cronyism that we all know exist in business) to get to substance and objective truth. In theory, this is wonderful. In practice, however, RFPs tend to be unwieldy beasts for both the procurer and the vendor.
The objective of this report is to provide RFP organizers with a strategic framework, common sense best practices and specific insider tips that will allow RFP organizers to design and conduct RFPs that cut through the bullshit and deliver long-term value to their organizations.
But there is an inherent catch-22 in RFP design. How do you astutely manage an RFP when you don’t know enough about the service you are soliciting? How to you suss out the strengths and weaknesses of potential vendors when you have no deep grounding in the discipline to begin with? How to get what you want when you may not truly know what you need (especially when some vendors are perfectly content to lead you down a primrose path of fragrant flowers touting the importance of their particular varietals while never taking the time to understand your landscape and growth objectives)?
We know you are busy! That’s why each of our reports are formatted so that information can be quickly and easily digested. For those in a hurry, we provide the TL;DR (Too long; didn’t read!) section in the beginning of each report. At the end of each report we also summarize key points with our own Insights.
For those that think the devil is in the details, we have you covered, too! In the body of the report we go into as much detail as possible about each topic discussed. Still not satisfied? Never hesitate to reach out to us directly to request additional information. We’re here to help!
New disciplines are continually being created as the way we do business evolves. Trends pop up. Some only for a moment, others for the long-run. Entire market niches come into being seemingly out of thin air. Although it’s not always easy to know where these trends come from or where they are headed, the truth of the matter is that they burst forth in a flurry into our daily lives, and suddenly everyone is talking about them.
Chances are you have heard about the new kid on the block, TikTok. This rapidly growing social media platform is a video-sharing app that allows its 800 million international users to watch, create and share videos from 15 to 60 seconds in length.
The Nimdzi 100 is one of our flagship publications. It includes a ranking of the top 100 LSPs by revenue, a watchlist of large players that don’t disclose their revenues, and a detailed overview of the size and state of the language services industry. The Nimdzi 100 is widely considered an industry standard and is read by tens of thousands of people in the translation and localization space and beyond. LSPs, localization buyers, investors, savvy job seekers, and analysts will benefit from this free resource.