26 June 2013, London
Fasttranslator Ranked Among the World’s Top Language Service Providers
Independent market research firm Common Sense Advisory recognises Fasttranslator as a top player in the £ 24.40-billion euro industry.
Fasttranslator today announced its official ranking as one of the world’s hundred largest language services providers (LSPs) in the translation and interpreting industry. Released on 31 May 2013 by the market research firm, Common Sense Advisory, the report was entitled ‘The Language Services Market: 2013’ and it ranked Fasttranslator as the 59th top-grossing language service provider out of more than 27,600 vendors around the world. In the same report, Fasttranslator was also named as the seventeenth-largest localisation vendor in all of western Europe.
As part of the study, the Common Sense Advisory surveyed more than a thousand language service providers to collect actual reported revenue for 2011 and 2012, along with expected revenue for 2013. The firm, which has published market-size estimates and global rankings for the past eight years, found that the demand for language services continues and is growing at an annual rate of 5.13% (10.3% for Fasttranslator last year). According to the report, global trade, international business, and content growth are three critical drivers for the language services industry.
Fasttranslator is an MLV (a multi-language vendor) which provides translation, transcreation, proofing, and interpreting services in western Europe and the USA. This is the third consecutive year in which it has been recognised as a top LSP by the Common Sense Advisory.
Fasttranslator provides translation and interpretation services to businesses both in the public and private sectors. Our broad range of customers varies from individuals to small companies, government organisations, and large multinational corporations. Fasttranslator provides the key to effective communication with customers around the globe, by providing quality translations which can confidently be used in any international environment.
About the Common Sense Advisory
The Common Sense Advisory is an independent market research company that specialises in analysing translations, localisation, interpreting, globalisation, internationalisation, and consulting.
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