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Global Partnerships for Localization Processes
The flat world is now creating several opportunities for developing economies, especially for the countries like India and China because of many reasons. For instance, in China it is not only mandatory for the country to focus on its language part to make the U.S.-based customers comfortable with the Chinese business culture, but it is also necessary for the Chinese business world to understand English language properly. This is because a lot of cross-border trades also demand solutions for all language-related complexities despite the fact that Chinese is a difficult language to learn and the number of English-speaking people is very less in China.

I
2007 Top 20 Translation Services Companies
  1. L-3 Communications
  2. Lionbridge Technologies
  3. SDL International
  4. Language Line Holdings
  5. TransPerfect/Translations
  6. SDI Media Group
  7. RWS Group
  8. Xerox Global Services
  9. euroscript International S.A.
  10. Moravia Worldwide
  11. Logos Group
  12. CLS Communication
  13. Honyaku Centre
  14. LCJ EEIG
  15. Semantix
  16. Merrill Brink International
  17. Welocalize
  18. Skrivanek Group
  19. HP ACG
  20. thebigword Group

Source: Common Advisory

nterestingly, the localization services industry — not so known in the sourcing world — is also witnessing big outsourcing deals and partnerships. Most recent one is the partnership between UFIDA, China-based enterprise software provider, and Lionbridge, a globalization and testing services provider with offices in 26 countries around the world. Under the terms of the partnership, Lionbridge will localize UFIDA’s U9 enterprise resource planning software to reach more English-speaking audiences.

“We are very excited to be working with one of the largest Chinese manufacturer. To serve UFIDA, we have built a project-management team. Also, the customer-relationship management will happen from our Beijing office,” adds Lionbridge’s Bolen.

Associations: Link Local to Serve Global
Many associations are also encouraging outsourced localization services on a global scale. One such association/community is GALA — an international non-profit association. The popularity of such firms can also be seen by the fact that GALA, formed in 2002 with only 15 such providers, now has more than 260 members — localization service providers, translation companies, globalization consultants, internationalization service providers, industry publications and language technology developers.

However, the industry is growing rapidly, and is expected to cross $13.5 billion mark by 2011 — and by 2010 the global outsourced language segment is expected to cross $12.6 billion with the maximum share of the U.S.A. and Europe — as per Common Advisory’s recent study. The accurate and consistent localization represents a critical barrier for any global expansion. “In the near future, we also expect a lot of localization happening in the life sciences, technology and pharma industries,” says Bolen. 

Frequently used terminologies in the localization services industry

Localization service providers:
LSPs adapt products to a specific international language or culture so that it seems natural to that particular region. This process includes considerations of language, culture, customs and other characteristics of the target locale.

Language technology developers:
Developers produce cutting-edge technologies that facilitate efficient use of multilingual content and accelerate time-to-market solutions. 

Translation companies:
Worldwide, more than 6,700 languages are spoken in 230 countries. There are translation providers in every corner of the world, making the world smaller through language translation. There are more than 4,000 translation companies worldwide.

Research analysts, globalization and internationalization consultants, publications and training institutes:
The globalization and localization industry includes industry research analysts, publications and training companies. Globalization and internationalization consulting topics include the revision of business processes, management procedures and the adaptation of marketing tools.

Source: GALA

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