21 Jul 2020

TechInput recognized among largest LSP in Eastern Europe

Independent market research firm CSA Research recognizes TechInput as a leader in the multi-billion global translation, interpreting, and localization industry.

Russia, Moscow – People worldwide naturally prefer consuming information in their own language. Meeting this expectation − and sometimes the legal requirements to do so – fuels an indispensable multi-billion global industry that provides translation, interpreting, and localization. Based on validated and verified data from a representative sample of 462 LSPs, independent market research firm CSA Research has named TechInput as one of the providers leading the delivery of language services globally, ranking it as the15 largest LSP in Eastern Europe.

TechInput has been active on the Russian oil & gas translation, consulting and educational services market since 2002. TechInput offers quality written and oral translation of any degree of complexity for companies in the oil & gas sector, as well as law firms and financial companies.

“Since 2014, TechInput has regularly held strong positions in the Top LSPs in Eastern Europe ranking, confirming its reputation as a reliable and strong player in the industry,” said Jeren Khydyrova, Deputy General Director, commenting on the ranking results.

“Most people don’t recognize the value of interpreting or translation until they can’t understand something – and the absence of spoken or written content in their languages happens far too often,” comments Dr. Donald A. DePalma, CSA Research’s Chief Research Officer. “Language service providers and technology developers deliver essential translation and interpreting services.”

The rankings are based on confirmed revenue from 2019 – CSA Research found that the market that year for language services and supporting technologies reached US$49.60 billion.

About CSA Research

CSA Research, formerly Common Sense Advisory, is an independent market research company helping companies profitably grow their global businesses and gain access to new markets and new customers. www.csa-research.com | @CSA_Research | media@csa-research.com

TechInput recognized among largest LSP in Eastern Europe