Hansem Global, a language company that provides translation and localization services for Asian languages, has been named to The Nimdzi 100: The 2021 Ranking of the Largest Language Services Providers in the World.
Every year, the Nimdzi 100 rankings are one to watch. Despite the pessimistic prognosis of 2020, the language services industry has reached a worth of USD 55 billion in the year and is projected to increase by 3.3 million in 2021. Publicly traded companies that were interviewed also indicated a strong end to the year, with record growth.
With the pandemic having emphasized the weakness of businesses who fail to remain relevant, getting into the global market has never been more important. This is especially true for language service providers (LSPs), whom very purpose is to reach a wider demographic of customers. The East Asian market is a particularly lucrative and potentially profitable one, and by reaching out to customers in their own language, businesses are setting themselves up on the right foot. Hansem offers translations to and from Asian languages to English to serve this purpose.
For the Nimdzi 100 rankings, Nimdzi has taken an investigative approach, spending days and hours collecting data, compiling research, and analyzing trends to bring to light information that has previously been unavailable. The below process was followed when ranking the top 100 LSPs:
- Firstly, LSPs with over USD 10 million in revenue were identified. As they take part in large-scale recruitment activities and manage numerous projects, it would be impossible for them to remain hidden from records.
- Full company revenue is taken into consideration instead of just revenue from language services. This is because it would be impossible to separate the two for reporting purposes.
- All figures are calculated in USD and the calculation method used is average annual currency conversion rates to USD for each trading day in 2020.
- The data used is from the latest fiscal year for each respective LSP.
- Nimdzi’s definition of language services includes translation, localization, linguistic testing, multilingual technical writing, transcreation, telephone and remote video interpretation, subtitling, dubbing, voice-over, cultural consulting and many more.
About Hansem Global
As a South Korean company that offers a comprehensive range of translation and localization services, Hansem Global entered the US market just last year, providing its services to businesses in the American market. Hansem Global is a IS017100 certified company that can provide translation services in more than 70 Asian languages. To be IS017100 certified means that a LSP based in Asia has met an international standard quality management process to provide language services.
Hansem Global operates on a free initial consultation basis, working with businesses to identify their needs and formulate the best approach to take. For instance, businesses in jargon-rich industries may require additional help ensuring consistency between translations and taking into consideration the regulations unique to each region. Their services extend to translation, localization, videos production, subtitling, voice-over, Desktop publishing, and 3D animations as well as testing.
Hansem Global is headquartered at 300 Spectrum Center Dr. Suite 400, Irvine, CA 92618. You can call them at (888) 295-4079 or send an email to USA@hansem.com for general inquiries.
Hansem Global's contact information: 300 Spectrum Center Dr. Suite 400, Irvine, CA 92618 | Phone: (888) 295-4079
