Inc. magazine publishes an annual list of the fastest-growing private companies in the United States. This year’s list includes 14 language services providers (LSPs) — many of which are growing at a significantly faster rate than the average market growth rate last reported of 13.15%.
These 14 LSPs are translation and interpreting firms, all categorized under Inc’s “Business Products and Services” tab. The following table includes their Inc. 5000 rank, the company name, its three-year growth rate, and revenue for the last year.
Inc. Rank Language Service Provider 3-Year
Growth RateRevenue
in US$ million626
adaQuest 483%
$5.3
778
Sajan 391%
$12.7
1,707
Language Services Associates 164%
$22,0
1,808
U.S. Translation 152%
$2.6
2,127
Welocalize 122%
$50.3
2,492
TransPerfect
96% $221.5
2,699
CETRA Language Solutions 85%
$3.0
2,720
Certified Languages International 84%
$8.3
2,936
Para-Plus Translations
73% $2.4
3,201
Language Line Services 61%
$298.9
3,271
ProTranslating 59%
$8.9
3,719
Dynamic Language Center 42%
$6.3
4,799
Fluent Language Solutions
9% $5.5
4,866
Eriksen Translations 7%
$5.1
The magazine’s ranking methodology focuses on rapid increases in revenue, smaller companies with strong growth over zero score higher than more established firms.
Inc’s approach differs from Common Sense Advisory’s market sizing report, which ranks LSPs not by rate of growth, but by total revenue.
See: Global Watchtower
Comments about this article
Thailand
Local time: 13:39
English to Thai
+ ...
Soonthon Lupkitaro ▲ Collapse
United States
Local time: 01:39
English to Russian
+ ...
.. - no kidding! - is banned from Proz as a chronic non-payer. Go figure.
Poland
Local time: 08:39
Member (2002)
English to Russian
+ ...
MODERATOR
Just a short comment re "Go figure":
From my own experience with them, they are an excellent outsourcer. I believe that in 90% cases the problems are on the translators' side.
Natalia
[Edited at 2010-09-02 10:22 GMT]
Local time: 03:39
French to English
Just a short comment re "Go figure":
From my own experience with them, they are an excellent outsourcer. I believe that in 90% cases the problems are on the translators' side.
Natalia
[Edited at 2010-09-02 10:22 GMT]
There's a vote of confidence for the individual translators on proz's membership list. And from a moderator no less.
Switzerland
Local time: 08:39
French to German
+ ...
At least one of these agencies
.. - no kidding! - is banned from Proz as a chronic non-payer. Go figure.
More than one unpleasant experience with this particular agency confirms my my view that
i) it is always a good idea to check with independent resources before getting involved with any LSP
ii) see title above.
Shesaid
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