Globalization Trend Creating Translation Boom
The forces of globalization and the Internet (those two again!) are driving a boom in the translation business.
As companies sell more products across country lines, often using the Internet, translators become more important.
According to a June 30, 2003 article in the Miami Herald, “The tech revolution is transforming the translation and interpreting business, once a niche industry for bilingual people who offered their services to businesses, government agencies and individuals in their communities. Now digital technology, Internet-based marketing strategies, and e-mail are turning the business into a nimble, tech-intensive international industry that favors management know-how and quality control. “
The translation industry is one of the few that is still dominated mostly by small and medium-sized players. As with any growing industry, it is starting to see some consolidation.
Founder of Zimana
Co-author of Barack 2.0
