Wistron Information Technology & Services (Wistron ITS), announced today its official ranking as one of the largest language services providers (LSPs) in the translation and interpreting industry. Issued July 2015 by independent market research firm, Common Sense Advisory (CSA Research), the report titled "The Language Services Market: 2015" ranked Wistron ITS as a top-grossing language service provider in the US$38.16 billion global market for outsourced language services and technology. Wistron ITS was named as the 26th largest globalization vendor in all of Asia.
CSA Research, which has published market size estimates and global rankings for the past 10 years, found that the demand for language services continues, and is growing at an annual rate of 6.46%. As part of the study, the firm surveyed language service providers to collect actual reported revenue for 2013, 2014, and expected revenue for 2015.
"Being ranked as one of the leading brands in language services is a recognition to Wistron ITS globalization team." said Wistron ITS CEO, Dr. Ching Hsiao. "We have achieved a distinguished performance and success with some of the most reputable companies globally in the IT industry." he further added, "Asia has a promising globalization service market. Customers seeking globalization and localization services can count on our comprehensive staged services - from software design, development and translation, to post-production activities such as testing and desktop publishing."
“The market for outsourced language services and supporting technology is immensely important to the businesses, government agencies, non-profits, and individuals that produce or consume information’” comments founder of CSA Research Don DePalma. “As organizations both large and small address more languages, we predict that the industry will continue to grow and that the market will increase to US$49.8 billion by 2019.”
The full report, including all regional rankings, is available as part of the firm’s research membership.
About Wistron ITS
Wistron Information Technology & Services Corp. (Wistron ITS) is a leading IT service provider with worldwide operations. Wistron ITS is also a member of Wistron Group, a Fortune Global 500 company and a Technology Service Provider supplying ICT (information and communication technology) products, services and systems to global customers. We provide IT consulting, globalization, and outsourcing services to some of the world’s most reputable companies.
For more information about Wistron ITS, please visit: www.wistronits.com.
About Common Sense Advisory
Common Sense Advisory is an independent market research company specializing in translation, localization, interpreting, globalization, and internationalization analysis and consulting. www.commonsenseadvisory.com / @CSA_Research