In the business of translation, the most influential factor affecting competition is the LSP (Language Service Provider) concentration ratio. It is a measure of how concentrated the total amount of business is with a small number of firms.
24 September 2019
The language industry consists of segments that move at different speeds and have different sizes. Companies that specialize in a fast-growing and sizeable vertical can enjoy a steady increase in business. For buyers of language services, it makes sense to select a provider with the appropriate portfolio size in their vertical. Those companies will speak […]
6 August 2019
The language industry consists of segments that move at different speeds and have different sizes. Companies that specialize in a fast-growing and sizeable vertical can enjoy a steady increase in business. For buyers of language services, it makes sense to select a provider with the appropriate portfolio size in their vertical. Those companies will speak […]
6 August 2019
USD 500 million in data services and machine intelligence work. This is what Appen, Lionbridge, Pactera, Welocalize, Alibaba LS, and other techy language service providers (LSPs) will likely generate in revenue this year. That’s close to 7 percent of revenue generated by the global Top-100 LSPs, and it’s on par with the volume they derive […]
LSP sales in Europe have grown by 34 percent in the latest seven years tracked, while the number of companies with at least two employees has increased by 32.6 percent. On the surface, the signs are great for current providers: revenue has increased more than the competition. However, providers of different classes have benefitted unequally. […]
2 June 2019
You’re sitting in a courtroom at a war tribunal. You hear “I had to watch them being slaughtered,” “I can still hear them scream.” You’re standing at the hospital bed of someone who tried to kill himself. You hear, “My life is not worth living anymore, I just want it to be over.” […]
21 April 2019
In this episode of Globally Speaking, we hear from Max Troyer, Associate Professor at the Middlebury Institute of International Studies at Monterey. We'll hear about the necessary curriculum to educate future localization professionals, new skills that are required, where graduates end up working, typical career paths, and the reasons to consider expanding mentorship in the industry. […]
16 January 2019
At the TAUS Annual conference in Vancouver, Welocalize’s VP of software, Douglas Knoll, demonstrated a new production platform that can now be used for virtually any task. This opens up a critical technology discussion among LSPs regarding the ability to to expedite additional services – but this means bad news for TMS creators inside translation […]
24 October 2018
