Despite downward pressures (not unlike any other industries) the translation industry seems to be able to provide revenue and career opportunities despite the grim economic outlook. Several translation companies are entrants in the famous Inc. 500-5000, which ranks companies by general revenue growth. This follows recent reports forecasting machine translation industry growth at around 18% and general translation industry growing (although slower) in 2012.
There are 15 companies within the translation and language services category in total in the list. There are several conditions to qualify. Inc.500-5000 only lists US-based companies over a 3-year period and the companies must have generated a minimum of $100,000 in 2008 but at least $2M in 2012.
As this is a commercial ranking, companies must be privately held, for-profit and they must not be divisions of larger companies or subsidiaries of foreign companies. This is the list and ranking of the top translation companies that made it to the list taking into account.
|423||Mid Atlantic Professionals TA/SSI||1076,00%||$9.2 M|
|823||InDemand Interpreting||550,00%||$3.9 M|
|1619||Mango Languages||243,00%||$7 M|
|2581||Language Training Center||137,00%||$3.8 M|
|2636||Global Language Solutions||133,00%||$10.50 M|
|3064||Propio Language Solutions||109,00%||$2.10 M|
|3310||CETRA Language Solutions||96,00%||$5.90 M|
|3396||CyraCom International||92,00%||$48.70 M|
|3839||Certified Languages International||74,00%||$14.40 M|
|4082||1-Stop Translation USA||65,00%||$2.30 M|
|4248||Universal Language Service||59,00%||$6.10 M|