Brooklyn, New York (PRWEB) August 15, 2014
Eriksen Translations (http://www.eriksen.com) has been ranked among the top Language Service Providers in North America by Common Sense Advisory’s (CSA) (http://www.commonsenseadvisory.com) June 2014 report, “The Language Services Market: 2014.”
This annual study identifies the largest language service providers globally, as well as by region, based on revenue reported for fiscal year 2013. The report ranks Eriksen Translations as number 31 out of 40 of the largest Language Service Providers (LSP) in North America.
“We’re thrilled to be recognized once again by Common Sense Advisory for the role we play in this constantly evolving industry,” said Vigdis Eriksen, Founder and CEO of Eriksen Translations. “We credit this ranking to our constant focus on customer service and high quality, which over the years has allowed us to forge strong ongoing relationships with clients in the U.S. and around the world.”
This annual state of the industry report analyzes market growth, identifies key trends, and provides benchmarking data for LSPs. According to CSA’s research, the size of the global language services and technology market stands at US$37.19 billion and continues to grow at an annual rate of 6.23%. This rapidly expanding market is predicted to increase to US$47 billion by 2018. The fastest-growing services in the industry are reported to be transcreation, website globalization, and on-site interpreting.
“We’re excited about the predictions for the future of this industry, as well as CSA’s breakdown of industry trends and emerging areas of service,” states Eriksen. “This data, along with the feedback we receive from our clients, is a valuable tool we use to help shape our business and understand the essential role language services play in helping companies communicate globally.”
About Eriksen Translations Inc.
Eriksen Translations Inc. helps companies reach their audiences in the domestic and global marketplace. Founded in 1986, Eriksen provides multilingual services in over 100 languages, offering translation, interpreting, layout and production, web and software localization, cultural consulting, and voiceover and subtitling services to clients in New York and worldwide. With a reputation for high standards, in-depth knowledge, accuracy, and prompt delivery, Eriksen partners with major companies in technology, finance, insurance, health care, and education, as well as nonprofits and leading museums and cultural institutions worldwide. For more information, visit http://www.eriksen.com.
About Common Sense Advisory
Common Sense Advisory is an independent market research company helping companies profitably grow their international businesses and gain access to new markets and new customers. Its focus is on assisting its clients to operationalize, benchmark, optimize, and innovate industry best practices in translation, localization, interpreting, globalization, and internationalization. For more information, visit: http://www.commonsenseadvisory.com.