Common Sense Advisory Recognizes Welocalize as the 7th Largest LSP in the World
Frederick, Maryland – July 18, 2017 – Welocalize, global leader in innovative translation and localization solutions, today announced its official ranking as the 7th largest language services provider (LSP) in the world and 4th largest in North America, based on 2016 reported revenues. The rankings were issued by independent market research firm Common Sense Advisory (CSA Research) in the report titled “Who’s Who in Language Services and Technology: 2017 Rankings.” In another recently released CSA report, “The Language Services Market 2017,” the global market for outsourced language services and technology has been valued at US$43.08 billion.
Welocalize recently announced its 20th anniversary, having been founded in 1997 by husband and wife, Smith and Julia Yewell. Welocalize has grown to become a world leader in managed language services and for the past six years, has consistently been ranked in CSA Research’s top 10 global language service providers.
“Welocalize is one of the most well respected brands in the language service industry and our regular appearance in CSA Research’s top ten ranking of global language service providers is testament to our incredible global teams located across our 22+ offices around the world,” said Welocalize CEO Smith Yewell. “Welocalize is celebrating 20 years in the industry this year and over the past two decades, we’ve gone from completing standard translation tasks to strategically managing content transformation across the whole global journey. As an industry leader, we will continue to drive innovation solutions to help global organizations to scale and grow faster.”
As part of the CSA Research study, the firm surveyed providers from every continent to collect actual reported revenue for 2015, 2016, and expected revenue for 2017. CSA Research, which has published market size estimates and global rankings for the past 13 years, found that the demand for language services and supporting technologies continues and is growing at an annual rate of 6.97%, representing an increase over last year’s rate of 5.52%. The language services market is predicted to grow to US$47.46 billion by 2021.
Welocalize Life Sciences provides specialized language solutions for highly regulated industries. Our solutions include industry expert localization and translation services for regulatory and compliance content, document translation, linguistic validation, interpreting, website and marketing localization, eLearning and multimedia services. Welocalize Life Sciences is an industry leader with proven translation and localization proficiency required for global clinical trials, pharmaceuticals, biotech companies, medical devices, healthcare brands, medical providers and government agencies. Welocalize is ISO 9001:2015, ISO 17100 and ISO 13485 certified.
Welocalize, Inc., founded in 1997, offers innovative language services to help global brands reach audiences around the world in more than 175 languages. We provide translation and localization services, talent management, language tools, automation and technology, quality and program management. Our range of managed language services include machine translation, digital marketing, validation and testing, interpretation, staffing and enterprise translation management technologies. We specialize in consumer, technology, manufacturing, learning, oil and gas, travel and hospitality, marketing and advertising, finance, legal and life sciences industry language solutions. With more than 1,500 full-time employees worldwide, Welocalize maintains offices in the United States, United Kingdom, Germany, Ireland, Spain, Italy, Romania, Poland, Hungary, Japan and China.