In November 2018, three EU tenders were issued relating to translation. Two tenders call for 225 contractors for translation into multiple languages and the third tender, worth EUR 225,000, requires translation support for an EU-funded contract in Azerbaijan. Continue reading
thebigword posts full-year 2018 revenues of nearly USD 100m and EBITDA of USD 5.9m, as growth is boosted by Ministry of Justice contract and defense business. Company launches new video remote interpreting (VRI) capabilities to expand interpretation offering. Continue reading
After a challenging 2016, UK-based Alpha CRC rebounds from losses to post modest profit for the full year 2017. Company says modern workflow tools and agile working may create a degraded environment for translators. Brexit not considered a serious risk. Continue reading
Will TransPerfect defend the number one position in 2018? And why are Anglo-American LSPs dominating the Slator LSPI? What will Brexit mean for English use in the EU? Any why buyers choose to bring more of the supply chain in-house. Continue reading
Alpha CRC, one of the UK’s larger language service provider, reported a nearly 10% decrease in revenues and a net loss for the financial year 2016. The company reacted by reducing costs and staff, rebranding, and repositioning its service portfolio. Continue reading
London-based TranslateMedia reports 8.5% revenue growth for its financial year ended March 31, 2017. Managing Director Rupert Evans believes neural machine translation has reached a tipping point and it will change the role of translators. Continue reading
A plummeting pound, concerns about hiring from the European Union, and worries about adequate translator training weigh on the minds of top executives at language service providers in the UK as Brexit becomes reality: “We’re paying a heavy price.” Continue reading
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