Did you know?
The European Commission's Translation Directorate has 1,750 translators who translated 2.1 million pages in 2011.
The global market for outsourced language services and technology will reach US$33.5 billion in 2012, according to a study by independent market research firm Common Sense Advisory. In its annual industry research report, "Language Services Market 2012," the firm details the findings of its comprehensive study, identifying 26,104 unique suppliers of translation and interpreting services across 154 countries.
A well known CSA survey found that 72% of consumers are more likely to buy a product when it provides information in their own languages.
According to IDC, the Business Analytics market Is expected to reach $33.9 Billion in 2012, up 8.2% from 2011.
Today 40 percent of European Union shoppers shop online and sales in the 13 largest online markets in the EU are estimated to be €200 billion, growing at just under 20 percent per annum.
In 1996, 75% of internet content was in English; by 2011 English content was 25%.
iOS and Android device activations in China have surpassed activations in the United States, according to data from Flurry analytics.
According to a study by the UK Centre for Economic and Business Research, the public sector as a whole could save £13 billion a year if it automated up to 60% of incoming calls and implemented speech technology.
The website Europa.eu has 6.8 million pages. It would require 8,500 translators/year to translate everything into all official EU languages.
A recent opinion by the European Court of Auditors recommends the adoption of a "fit-for-purpose" approach to translation at the European Commmission, instead of indiscriminately translating everything.
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