Annual survey by CSA Research places Eriksen Translations at the
forefront of the language services industry.
BROOKLYN, N.Y., July 18,
2024 /PRNewswire-PRWeb/ -- Eriksen Translations Inc.,
a Brooklyn-based, woman-owned
language services provider, has been named one of the leading
providers of language services worldwide by independent market
research firm CSA Research. In their 2024 rankings, based on
verified revenues from 2023, Eriksen secured the 78th position
globally and the 20th position in North
America in the $55.61 billion
language services industry.
"We are honored to once again be ranked as
a leading LSP by CSA Research," says Vigdis
Eriksen, Founder and CEO. "This recognition reflects our
team's hard work and dedication to providing high-quality,
culturally competent translations."
The language services industry encompasses a wide array of
players, ranging from specialized agencies to global giants. With
this prestigious recognition, Eriksen solidifies its position as a
major contributor to the multi-billion-dollar global language
services market.
For 38 years, Eriksen Translations has delivered comprehensive
multilingual services to help organizations communicate with
domestic and international audiences. Eriksen caters to an array of
industries, supporting top companies in finance, insurance, law,
healthcare, and education, as well as city and state agencies,
nonprofits, NGOs, and prominent museums and cultural
institutions.
Eriksen is consistently acknowledged for its sustained growth
and leadership within the language services industry. In 2023,
Eriksen was named to the Inc. 5000 list of fastest-growing
privately owned companies in America, recognizing the company's
growth rate of 121% over the prior three years. Eriksen was named
as a Challenger on the 2024 Slator Language Services Provider
Index.
"We are honored to once again be ranked as a leading LSP by CSA
Research," says Vigdis Eriksen,
Founder and CEO. "This recognition reflects our team's hard work
and dedication to providing high-quality, culturally competent
translations. We are grateful for the continued trust of our
clients and remain steadfast in our mission to support effective
communication across diverse cultures."
Hélène Pielmeier, CSA Research global market study analyst,
recognizes the crucial role of the language services industry in
today's global business landscape: "LSPs not only bridge linguistic
and cultural gaps but also drive global business growth by enabling
effective communication across borders. Our 20th annual ranking of
the top LSPs worldwide and by region highlights the leaders who are
setting the standard for excellence in the industry."
She adds, "The industry has entered the Post-Localization Era, a
period of profound transformation for LSPs. Future growth will stem
from language services, enhanced with more NLP insight and by more
powerful algorithms, and become core services for a wider range of
international content operations. Such offerings help clients
expand their global customer engagement and experience."
STUDY METHODOLOGY
CSA Research uses structured and documented methodologies to
ensure independent and reliable data-driven research for language
service providers, technology vendors, global enterprises, and
investors. The rankings of the largest suppliers are based on
confirmed revenue from 2023. This is the 20th year CSA Research has
studied the language services industry, and the 10th year Eriksen
has appeared in the rankings.
Included in CSA Research's global market study is the ranking of
the largest language services and translation technology providers
in the world, as well as across seven regions.
INFORMATION SOURCES
CSA Research's annual study of the language services and
technology market is based on a rigorous methodology that ensures
the accuracy and integrity of the data published for this and other
reports based on its Global Market Study ("Methodology: Global
Market Study (2024)"). Instead of estimating values, the firm uses
the exact data provided, verified, and authorized by LSPs and
technology vendors for the ranking.
ABOUT ERIKSEN TRANSLATIONS INC.
Eriksen Translations delivers best-in-class multilingual
services in 100+ languages. Founded in Brooklyn in 1986, Eriksen supports clients
worldwide with a full range of services, including translation,
typesetting, web and multimedia localization, transcreation,
transcription, voiceover and subtitling, language quality
assurance, accessibility services, and live Zoom interpreting.
Eriksen is certified as a woman-owned business enterprise (WBE) by
the Women's Business Enterprise National Council (WBENC) and the
City and State of New York. For
more information, visit https://eriksen.com | @eriksentrans
ABOUT CSA RESEARCH
CSA Research is the premier independent market research company
focused on language services and technologies. It provides reliable
market research for global organizations to operationalize,
benchmark, optimize, and innovate industry best practices in
globalization, internationalization, localization, interpreting,
and translation. http://www.csa-research.com | @CSA_Research
Media Contact
Jennifer Murphy, Eriksen
Translations Inc., 1 646-460-2428, jennifer.murphy@eriksen.com,
https://eriksen.com
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SOURCE Eriksen Translations Inc.