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Global Language Services Industry 2024
The Largest Language Service Providers: 2024
Promoting Your 2024 Ranking
Sizing the Language Services and Technology Market 2024
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Navigating the Post-Localization Era: The Impact of AI on the Language Services Industry
CEOs reflect on the forces that will shape the future
CEOs Reflect on GenAI (July 2023)
CEOs reflect on 2023
19 CEOs Insights at fastest-growing LSPs 2022
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Archive by tag:
LSP business
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Language Sector Joins Global Surge to a Trillion Dollars of M&A in Q3
2020 started out with great financial momentum. The MSCI All Country World Index of large-, mid-, and small-cap stocks across 23 developed and 26 developing markets had risen almost 24% over 2018, an ounce of gold was worth 18% more than 12 months prior, and private equity groups had accumulated US$1.5 trillion in funds to invest. Businesses were primed for a stellar 2020, but by March, COVID-19 pushed most of the world to shelter in place. Companies shut down, employees were furloughed, and lif...
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October 20, 2020
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Donald A. DePalma
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Business climate
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Industry news
,
LSP business management
,
LSP growth
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For LSPs
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For Buyers
,
For Technology Vendors
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China Shows the Way into the Post-COVID-19 Future
In late April and early May, CSA Research partnered with the Institute of Language Services, Hebei Normal University for Nationalities to survey 135 language service providers in China about their experience during the period when COVID-19-related restrictions were in force and what has happened since they were relaxed. As the first country to have experienced stringent limitations on movement, social activity, and work – as well as the first to emerge from them – the experience of Chinese LSP...
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May 27, 2020
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Arle Lommel
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Crisis preparedness
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LSP business management
,
LSP strategic planning
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For LSPs
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Share
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Preparing Your Business for a Post-Pandemic World: The Team Factor
After taking temporary measures and expedients to continue operating during the pandemic, companies must now develop plans for what happens after COVID-19. They will do so against the backdrop of the two biggest concerns that CEOs of language service providers expressed in CSA Research’s mid-March survey: the existential threat of decreasing demand and uncertainty about how long the pandemic will last. While CEOs wrestle with those two issues, they have an immediate business challenge – how ca...
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April 15, 2020
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CSA Research
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Business climate
,
LSP business management
,
LSP strategic planning
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For LSPs
,
For Technology Vendors
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Profiles of Interpreting-Focused LSPs in Times of COVID-19
The COVID-19 crisis has hit interpreting-focused language service providers particularly hard. Those with a mostly in-person offering are experiencing significant drops in bookings. Many are trying to offset this loss by transitioning customers to remote interpreting technologies or promoting translation services. Even LSPs with a focus on remote services are facing some losses due to the cancellation of nonessential engagements in healthcare, emergency services, and courts.
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April 01, 2020
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Hélène Pielmeier
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LSP business management
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LSP staffing
,
LSP vendor management
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Crisis preparedness
,
Interpreting
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For LSPs
,
For Buyers
,
For Technology Vendors
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Caring for the Linguist Supply Chain
In a separate blog post ("AB5, COVID-19, and the Plight of Freelance Linguists"), we examined some of the challenges that freelance linguists face right now on two fronts: COVID-19 and changes to labor law – focusing on the situation in California – that have created difficulties for individuals who work as contractors for many LSPs or clients. In this post, we turn to some of the concrete actions that LSPs, end buyers, and linguists themselves can take to improve the situation of th...
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March 27, 2020
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Arle Lommel
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Buyer strategic planning
,
Crisis preparedness
,
Interpreting
,
LSP business management
,
LSP vendor management
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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What CEOs of LSPs Are Thinking about COVID-19 and Its Effects
Over the last 10 days CSA Research conducted several online group meetings with its various Leadership Councils and LSP research members, mainly CEOs of LSPs of all sizes. This executive brief summarizes and reports the themes, topics, and questions shared by members during these sessions. We arranged their input in four groups: Uncertainty, Business Planning, Operations, and The View Ahead.
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March 23, 2020
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CSA Research
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LSP business management
,
LSP maturity
,
LSP strategic planning
,
Crisis preparedness.
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For LSPs
,
For Buyers
,
For Technology Vendors
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Removing the Rashomon Effect from Market Analysis
Wouldn’t it be great if we could eliminate the Rashomon effect from the language services and technology industry? If somehow, we didn’t have to rely on guesses, estimations, or conjectures? That’s exactly what CSA Research does.
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March 11, 2020
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Paul O'Mara
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Business climate
,
Buyer strategic planning
,
LSP business management
,
LSP strategic planning
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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What is the Unit of Language?
CSA Research is preparing to release reports for pricing strategies within the localization industry. We have analyzed current translation pricing models – the structure used for quantifying work, not the amount charged for it – and examined alternatives. We then evaluated what has happened in unrelated industries where technology advances and shifts in customer expectations led to change.
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September 25, 2019
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Alison Toon
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Buyer budgeting
,
Buyer strategic planning
,
LSP sales and marketing
,
LSP business management
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For LSPs
,
For Buyers
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Share
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Employment Results and Expectations in the LSP Market
In languages worldwide, the word “recession” is being used with increasing frequency on financial news websites and Twitter. Google searches for “recession” peaked in mid-August and remain higher than at any point in the past five years. Economists have their indicators for the broad economy and CSA Research has ours for the language services and technology market. The data from our mid-year business confidence survey shows that LSPs should prepare for a potential slowdown.
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September 11, 2019
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Paul O'Mara
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Business climate
,
Careers
,
Industry news
,
LSP business management
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For LSPs
,
For Buyers
,
For Technology Vendors
|
Share
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Put Your 2019 Sales and Strategy into Action
The start of the new year is synonymous with a review and update of business plans. Successful companies conduct a yearly strategic planning session. Strategic planning is a process for defining a business strategy to shape and guide your operation. It focuses on a vision of the future and what you must do to achieve it. Executives use the technique to make decisions on what the company does, where it is going, which actions are required to make progress, what level budgets and which resources a...
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January 09, 2019
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Hélène Pielmeier
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LSP business
,
LSP growth
,
LSP strategic planning
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For LSPs
,
For Technology Vendors
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Share
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