NLG Named Top 75 Global Language Service Provider
July 14, 2016 | Industry News
(Hallbergmoos, Germany) – NLG is proud to announce that once more it has been named to the list of the TOP 75 Language Service Providers (global) by market research firm Common Sense Advisory.
NLG announced today its official ranking as one of the largest language services providers (LSPs) in the translation and interpreting industry. Issued July 2016 by independent market research firm Common Sense Advisory (CSA Research), the report titled “The Language Services Market: 2016” ranked NLG as a top-grossing language service provider in the US$40.27 billion global market for outsourced language services and technology. NLG was named as the 67th largest localization vendor in the world and 16th in Western Europe.
CSA Research, which has published market size estimates and global rankings for the past 11 years, found that the demand for language services continues, and is growing at an annual rate of 5.52%. As part of the study, the firm surveyed language service providers to collect actual reported revenue for 2014, 2015, and expected revenue for 2016. NLG has been participating in this survey since 2012 by sharing its annual revenue with Common Sense Advisory.
Michael Oettli, Managing Director of NLG, shared: “We are very pleased to see the results of our continued, client-focused strategy reflected on the Common Sense Advisory list of the top global Language Service Providers. While we understand revenue doesn’t always tell the whole story, our steady annual climb in these rankings is a clear indication of NLG’s sound approach. Our focus has long been on offering our clients much more than ‘just’ translations. Many of them are global leaders in their field(s), with mature localization processes and for them to reach the next level requires process optimization. Our clients appreciate that when they partner with nlg for their translation needs, they receive significant additional value. By going the extra mile, providing client consultation of process and system optimization, we’re always is a win-win situation and our clients recognize this.”
For further information, please contact NLG.
The full report “The Language Services Market: 2016” by Common Sense Advisory is available as part of the firm’s research membership.
NLG is a respected full-service provider of translation & localization services supporting well-known companies in the following areas: life sciences, automotive, engineering and power generation. Its clients benefit from 16 years of experience with translation & localization, workflow management, process design and development of applications.
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 or www.twitter.com/CSA_Research.