Independent market research firm, Common Sense Advisory, recognizes Powerling as a leader in $38.16 billion global industry
(Powerling, Boston) – Powerling announced today its official ranking as one of the largest language services providers (LSPs) in the translation and interpreting industry. Issued July 2015 by independent market research firm Common Sense Advisory (CSA Research), the report titled "The Language Services Market: 2015" ranked Powerling as a top-grossing language service provider in the US$38.16 billion global market for outsourced language services and technology. Powerling was named as the 24th largest Translation and localization vendor in Western Europe and 93rd in the world.
CSA Research, which has published market size estimates and global rankings for the past 10 years, found that the demand for language services continues, and is growing at an annual rate of 6.46%. As part of the study, the firm surveyed language service providers to collect actual reported revenue for 2013, 2014, and expected revenue for 2015.
As an industry leader with offices in 4 countries (the Netherlands, France, Hong Kong and the US), Powerling is proud to offer its 2,500+ clients worldwide 24/7 customer service. In addition, the company also reaffirmed its dedication to providing the highest quality services and was awarded ISO 9001:2008 and EN 15038:2006 certifications of industry quality standards through KIWA.
“The highest quality and continuous customer service are a must for our clients as they enter new markets. We also strive to offer new services supported by the latest technology to improve quality, turnaround time and costs,” comments CEO of Powerling, Pierrick Mathieu. “We have just launched the WebBased LookUp tool for our client’s terminology management to fill a need that they had. This is a good example of how we continue to grow together.”
“The market for outsourced language services and supporting technology is immensely important to the businesses, government agencies, non-profits, and individuals that produce or consume information’” comments founder of CSA Research Don DePalma. “As organizations both large and small address more languages, we predict that the industry will continue to grow and that the market will increase to US$49.8 billion by 2019.”
The full report, including all regional rankings, is available as part of the firm’s research membership.
Powerling is a global full-service B2B language services provider. The company supports its customers' global development by providing high-quality, specialized multilingual solutions in four main business sectors: life sciences, legal & finance, web & marketing, and manufacturing. Powerling offers a myriad of services in 75+ languages including translation, localization, desktop publishing, interpreting, and sustains its production with in-house developed language technology products. www.powerling.com
Powerling Media Contact: Eglantine Ronfard, firstname.lastname@example.org
Common Sense Advisory is an independent market research company specializing in translation, localization, interpreting, globalization, and internationalization analysis and consulting. www.commonsenseadvisory.com / @CSA_Research
CSA Research Media Contact: Melissa Gillespie, Melissa@commonsenseadvisory.com