Eriksen Translations Inc. Recognized Among North America’s Top Language Service Providers
BROOKLYN, N.Y. (PRWEB) June 25, 2018 -- Eriksen Translations Inc. announced today its official ranking as one of the top language service providers (LSPs) in the global translation and interpreting industry. Issued June 2018 by independent market research firm Common Sense Advisory (CSA Research), “The Language Services Market: 2018” ranked Eriksen as a top-grossing LSP in the $46.52 billion global market for outsourced language services and technology.
For over 30 years, Eriksen Translations has been helping clients communicate with their audiences in the diverse domestic and global marketplace. By combining high quality standards with top-notch customer service, Eriksen has sustained long-term relationships with major companies in finance, insurance, law, health care, and education, as well as nonprofits, NGOs, and leading museums and cultural institutions worldwide. Working in more than 100 languages, Eriksen provides translation, desktop publishing, transcreation, and cultural consulting, as well as multimedia solutions including website localization, voice-overs, and subtitling.
“We’re once again honored to be recognized as one of North America’s leading language services providers,” said Vigdis Eriksen, Founder and CEO of Eriksen Translations. “This ranking is a testament to the strength and passion of our dedicated team, and we are excited to continue bringing our clients the expertise, innovation, and high quality they have come to expect.”
As part of the primary quantitative study, CSA Research surveyed providers from around the world to collect actual reported revenue for 2016, 2017, and expected revenue for 2018. The firm details the findings in the 14th annual global industry report, “The Language Services Market: 2018,” the only comprehensive global survey of private and publicly-traded language services and technology companies. The firm found that the demand for language services and supporting technologies continues and is growing at an annual rate of 7.99%, representing an increase over last year’s rate of 6.97%.
Sixty-four percent of surveyed language service providers said revenue was up over the previous year. Factors driving this demand include content digitization, personalized customer service, and business globalization. As organizations both large and small make their products and services available in more languages, the firm predicts that the language services industry will continue to grow and that the market will increase to $56.18 billion by 2021.
“As businesses optimize their customer experience in home markets through digitization, companies are under pressure to globalize their entire operations. Our research has long and conclusively demonstrated that people are much more likely to purchase products in their own language. In addition, that same content and product localization reduces customer care costs and increases brand loyalty,” explains Dr. Donald A. DePalma, CSA Research’s founder and Chief Strategy Officer.
About Eriksen Translations Inc.
Founded in 1986, Eriksen Translations Inc. helps companies reach their audiences in the domestic and global marketplace. Eriksen works in more than 100 languages, offering print and website translation, desktop publishing, multimedia localization, cultural consulting, transcription, and voiceover and subtitling services. Headquartered in Brooklyn, Eriksen partners with companies in finance and insurance, law, creative services, health care, and education, as well as nonprofits and leading museums and cultural institutions worldwide. For more information, visit http://www.eriksen.com / @eriksentrans
About Common Sense Advisory
Common Sense Advisory is an independent market research company specializing in translation, localization, interpreting, globalization, and internationalization analysis and consulting. http://www.commonsenseadvisory.com / @CSA_Research
Eriksen Translations contact:
Jennifer Murphy
[email protected]
CSA Research Contact: [email protected]
Jennifer Murphy, Eriksen Translations Inc., http://www.eriksen.com, +1 (718) 802-9010, [email protected]
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