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Blog
Archive by tag:
LSP strategic planning
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GenAI Disruption Drives LSP Transformation
Will GenAI enable LSPS to become strategic global content service providers (GCSPs)? We first described the evolution of GCSPs in “The Language Services Market: 2017” report and introduced it to our CEO Leadership Council members at the Boston Summit in 2018. In this blog we discuss the journey that some of our clients have been taking toward this new role despite the obstacle of procurement departments commoditizing their value to the price per word. One critical question remains – will tech...
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June 07, 2023
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Donald A. DePalma
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Artificial intelligence
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Global content
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LSP growth
,
LSP strategic planning
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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Is GenAI Going to Replace NMT?
It is incredible to think that, less than eight years after the first publicly available neural machine translation (NMT) systems appeared on the scene, some media coverage already sees NMT as so 2015. As generative AI (GenAI) really exploded into public view in 2022, it wasn’t surprising that an overactive tech press’ imagination would see it as the be-all and end-all of technology. Our recent survey with freelance linguists certainly reflects this view, with many language workers expressing ...
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May 24, 2023
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Arle Lommel
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Artificial intelligence
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LSP strategic planning
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Translation Technology
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Machine translation
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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Is a 4-Day Work Week Possible for LSPs?
Companies all over the world are experimenting with breaking away from the traditional five-day work week to move to a more condensed or shortened one. My husband, an HR manager, has implemented 4x10 (4 days of 10 hours each) at his company for over two years now and I have had countless discussions with him on whether language service providers could switch to such a model. I originally had some reservations because LSPs need to be there for their clients at a minimum of five days a week – if ...
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January 31, 2023
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Hélène Pielmeier
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LSP business management
,
LSP strategic planning
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For Technology Vendors
,
For LSPs
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Share
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How FOMO Manifests Itself at LSPs
FOMO – the fear of missing out – relates to the anxiety people feel when they are worried about missing out on opportunities. Companies are not immune to this phenomenon. And many LSPs have a bad case of it – even if they aren’t aware of it.
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November 22, 2022
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Hélène Pielmeier
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LSP segmentation
,
LSP strategic planning
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For LSPs
,
For Technology Vendors
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Share
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Competing against Bigger LSPs
When competing with large language service providers, small and mid-sized LSPs can feel at a disadvantage when it comes to securing or safeguarding revenue. However, it does not have to be that way. It is not always about size when presenting your company as a successful match for buyers’ needs.
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September 14, 2022
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Hélène Pielmeier
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LSP business management
,
LSP growth
,
LSP maturity
,
LSP sales and marketing
,
LSP strategic planning
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For LSPs
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Share
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Smarketing 101 for LSPs
As language service providers start to mature, they invest in hiring either marketers, salespeople, or account managers, and eventually staff all of these functions. These groups often operate in silos with minimal coordination across their activities. Yet, in an ideal world, a close collaboration ensures marketing brings in qualified leads that are interested in hearing the pitch of your sales team and then warms up these leads so that the sales messaging is more effective. When you break down ...
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May 19, 2021
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Hélène Pielmeier
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LSP sales and marketing
,
LSP strategic planning
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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Sizing the Language Industry During a Pandemic
For the first time since 2005, CSA Research did not release our 2020 Global Market Study sizing and forecasts when we ranked the largest LSPs in the world in June. We just published “Sizing the Language Industry in 2020 and Beyond,” our comprehensive data-based guidance for 2020 through 2025.
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November 25, 2020
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Donald A. DePalma
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LSP strategic planning
,
Translation market
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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Global BPO to Buy Lionbridge Data Annotation Business
TELUS International announced that it would buy Lionbridge’s artificial intelligence business unit in a deal worth US$935 million that is expected to close by December 31st. Let’s first explain what Lionbridge AI does, review the deal, analyze what it means to the language services and technology sector, and show what it represents to investors.
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November 11, 2020
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Donald A. DePalma
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Artificial intelligence
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Augmented translation
,
LSP strategic planning
,
M&A
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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M&A: Want to Sell or Merge?
In a recent blog we updated the changing M&A landscape for 2020. We also noted that respondents to CSA Research’s annual Global Market Study (GMS) have shown consistent interest over the years in buying, selling, or merging in response to the question, “How important will the following actions related to merger and acquisitions be in 2020?” Of the 356 respondents from the representative sample of 462, 29% said they wanted to sell, 34% would like to buy, and 30% preferred a merger.
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October 28, 2020
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Donald A. DePalma
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Buyer strategic planning
,
LSP business management
,
LSP strategic planning
,
M&A
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For LSPs
,
For Buyers
,
For Technology Vendors
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Share
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Resuming Business in a COVID-19 Economy: Insight from 14 CEOs
The last few months have been tough on everyone. After a couple months of indecision, many political leaders took the advice of epidemiologists and shut down all but essential businesses. With people ordered to shelter in place, LSPs around the world operated remotely with staff working from home. Our surveys over the last few months have shown the economic impact of the resulting decreased demand and uncertainty about how long they’d be shut down.
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June 24, 2020
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CSA Research
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Crisis preparedness
,
Industry news
,
LSP sales and marketing
,
LSP strategic planning
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For LSPs
,
For Technology Vendors
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Share
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