Inc. magazine list of the 5,000 fastest-growing private companies in the U.S. includes language service providers

Source: Global Watchtower™
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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 Rate
Revenue
in US$ million

626

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


Inc. magazine list of the 5,000 fastest-growing private companies in the U.S. includes language service providers
Soonthon LUPKITARO(Ph.D.)
Soonthon LUPKITARO(Ph.D.)  Identity Verified
Thailand
Local time: 13:39
English to Thai
+ ...
Agencies I am working with Sep 1, 2010

Thank to this news, many of agencies I am working with are in this list. Expect their ever growing performances and continual contacts. This is an evidence that translation industry is ever growing although technologies may offset human translators. In Proz forum last year, we discussed on less-than-average growing of translation enterprises if compared with other listing businesses (e.g. technical services, finance, marketing) of the securities exchange. I am dreaming of one or two listed trans... See more
Thank to this news, many of agencies I am working with are in this list. Expect their ever growing performances and continual contacts. This is an evidence that translation industry is ever growing although technologies may offset human translators. In Proz forum last year, we discussed on less-than-average growing of translation enterprises if compared with other listing businesses (e.g. technical services, finance, marketing) of the securities exchange. I am dreaming of one or two listed translation agencies with remarkable profits in Wall Street or NASDAQ.

Soonthon Lupkitaro
Collapse


 
sokolniki
sokolniki  Identity Verified
United States
Local time: 01:39
English to Russian
+ ...
And at least one of these agencies.. Sep 1, 2010

.. - no kidding! - is banned from Proz as a chronic non-payer. Go figure.

 
Natalie
Natalie  Identity Verified
Poland
Local time: 08:39
Member (2002)
English to Russian
+ ...

MODERATOR
- Sep 2, 2010

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]


 
Desdemone (X)
Desdemone (X)
Local time: 03:39
French to English
Well. Sep 2, 2010

Natalie wrote:

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.


 
Corinna Müller-Strehler (X)
Corinna Müller-Strehler (X)  Identity Verified
Switzerland
Local time: 08:39
French to German
+ ...
Unfortunately, top revenue does not necessarily mean top quality.. Sep 8, 2010

At least one of these agencies
sokolniki wrote:

.. - 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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