The annual rankings result from the language industry’s most comprehensive, large-scale survey of the language services and translation technology market. EC Innovations, a dynamic player in the language services and technology industry, has been named one of the leading providers of language services worldwide by independent market research firm CSA Research. In their 2023 rankings, …
Category: Press Releases & Articles
6 Tips for Preparing Your IPO Translation Project
IPO, which stands for initial public offering, is a significant milestone for any company as it marks the transition from a private entity to a public one. According to STOCK ANALYSIS, there have been 5,997 IPOs from 2000 to 2023. The year 2009 saw the lowest number of IPOs during this period, with only 62. …
5 Financial Translation Challenges in 2023 and How to Solve Them
In today’s interconnected global economy, financial companies seeking success in international markets face numerous challenges. One crucial aspect that can make or break their endeavors is effective financial translation. According to the Financial Services Global Market Report 2023, the global financial services market witnessed a remarkable expansion, surging from $25,848.74 billion in 2022 to $28,115.02 billion in …
What to Look for When Selecting a Financial Translation Agency
In today’s interconnected global economy, accurate and reliable communication across languages is crucial for financial companies operating on an international scale. As the world becomes increasingly interconnected, the demand for professional financial translation services has experienced remarkable growth. According to Research and Markets, the size of the worldwide language services market reached a staggering $67.2 …
How Localization Can Help Fintech Companies Succeed in Global Markets
The fintech industry has experienced explosive growth in recent years, and the trend is expected to continue. According to Allied Market Research, the market size was valued at $110.57 billion in 2020 and is projected to reach $698.48 billion by 2030, growing at a CAGR of 20.3% from 2021 to 2030. This massive growth potential …
CSA Research Ranked EC Innovations as the 34th Largest LSP in the World
The language services and technology industry includes more than 27,000 players worldwide, ranging from boutique local agencies to large global companies. This diverse group of language service providers (LSPs) and translation technology vendors adds up to a multi-billion-dollar global industry. CSA Research, an independent market research firm, recently released its 18th annual ranking of the …
Financial App Localization: Why It Matters and How to Get It Right
The use of financial and banking apps has risen rapidly. They have transformed the industry by streamlining banking operations and improving user experience. According to Insider Intelligence’s Mobile Banking Competitive Edge Study, 89% of survey respondents and 97% of millennials said they use mobile banking. And usage is set to continue its soaring trajectory. The global …