New York, June 26, 2013
Fasttranslator Ranked among the World’s Top Language Services Providers. Independent market research firm Common Sense Advisory recognizes Fasttranslator as a top player in $34.7 billion translation industry
List of largest translation agencies in 2013 (Western Europe)
Fasttranslator today announced its official ranking as one of the world's 100 largest language services providers (LSPs) in the translation and interpreting industry. Released May 31, 2013 by the market research firm Common Sense Advisory, the report titled "The Language Services Market: 2013" ranked Fasttranslator as the 59th top-grossing language service provider from among more than 27,600 vendors worldwide. In the same report, Fasttranslator was also named as the 17th largest localization vendor in all of Western Europe.
As part of the study, Common Sense Advisory surveyed more than 1,000 language service providers to collect actual reported revenue for 2011, 2012, and expected revenue for 2013. The firm, which has published market-sized 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 (Multi-Language Vendor) that provides translation, transcreation, proofing, and interpreting services in the United States and Western Europe. This is the third consecutive year it has been recognized as a top LSP by Common Sense Advisory.
Fasttranslator provides translations and interpretation services in both the public and private sector. Our broad range of customers varies from individuals to small companies, government organizations, and large, multinational corporations. Fasttranslator provides the key to effective communication with customers around the globe by providing quality translations that can be used confidently in any international environment.
About Common Sense Advisory
Common Sense Advisory is an independent market research company specializing in translation, localization, interpreting, globalization, and internationalization analysis and consulting.
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