We are honored that EQHO has made it into CSA Research’s top 20 Asian LSP list. Last year represented a very important milestone for EQHO, having experienced 40% growth from 2010.
Bangkok, Thailand (PRWEB) August 26, 2012
EQHO Communications announced today its official ranking as one of the Asia’s top 20 language services providers (LSPs) in the localization industry.
Released by independent market research group, Common Sense Advisory, the report titled “The Language Services Market: 2012,” ranked EQHO Communications as the 20th top-grossing language service provider among thousands of vendors around the Asia region. In the same report, EQHO Communications was also listed as the first ever Thailand based LSP to be ranked by Common Sense Advisory.
As part of the study, the Common Sense Advisory surveyed more than 1,000 language service providers to collect actual reported revenue for 2010, 2011, and expected revenue for 2012. The firm, which has published market size estimates and global rankings for the past seven years, found that the demand for language services continues, and is growing at an annual rate of 12.17%. According to the report, global trade, international business, and content growth are three critical drivers for the language services industry.
EQHO’s growth can be attributed to several key areas. These include the ever increasing demand for Southeast Asian language services, including Thai, Vietnamese, Indonesian and Malay translation services, and in multilingual voiceover production and multimedia localization in Asian and European languages.
Last year EQHO translated over 24 million words in over 40 Asian and European languages, and produced over 23,000 minutes of Multilingual Voiceover in-house. With 78 in-house staff and an international network of more than 1,200 linguists having a broad range of technical, scientific, and marketing subject matter expertise, EQHO’s end-clients include the many of the world’s largest multinational corporations.
Phanitanan Thompson, EQHO’s COO commented, “We are honored that EQHO has made it into CSA Research’s top 20 Asian LSP list. Last year represented a very important milestone for EQHO, having experienced 40% growth from 2010. The entire team’s hard work, perseverance and attention to providing high-quality language services are now paying dividends. I am extremely proud of all of the staff for their rock solid commitment to making EQHO a real player in the localization industry.
With so much international focus on ASEAN and the development of the Asian Economic Community (AEC), EQHO is in a position to play a significant role. This year is also showing significant growth, so I hope that we can build on the success that we have achieved so far.”
About EQHO Communications
Established in 1996, EQHO Communications is a premier provider of multilingual and multicultural communications solutions. For over 15 years, EQHO has been successfully enabling corporations worldwide to transcend cultural and linguistic barriers by providing a comprehensive range of high-quality, cost-effective localization solutions. EQHO has helped deliver thousands of complex localization projects in various disciplines across multiple languages to corporate clients in key vertical markets located in Asia, Europe, the Middle East, South America and the US.
For more information about EQHO, visit http://www.eqho.com
+66 (0) 2 637 8060 (ext. 184)