Report on the State of the Translation Industry in 2012

ProZ.com jut released a very important brief on the state of the translation industry.  Let me quote one of the important sections therein:

Demand and growth

Indicators here are fairly positive. Almost 70% of translators asked are handling more volume now than just two years ago (around 12% were unsure if the volume had increased or not), and just under 70% report steady or increasing volume from 2011 to 2012 (5% were unsure).

According to Common Sense Advisory, the market for outsourced language services is worth US$33.523 billion in 2012, and it is calculated that the language services market is growing at an annual rate of 12.17% (up from 7.41% in 2011). The US Department of Labor estimates that “employment of interpreters and translators is expected to grow 42 percent from 2010 to 2020, much faster than the average for all occupations.” EMSI, in a recent report, stated that translation and interpretation services have grown by approximately 50% since 2007 in the US.

These indicators would seem to match with the concept of a “flat world” in translation as we saw at the beginning of this report. Demand is healthy, growth has increased. How is this affecting freelance translators in terms of their own income and growth?”

I recommend that all translators and interpreters take a look at this important document @ http://www.proz.com/industry-report/2012.

September 30 – Translation and Interpreting Day

This is a wake-up call to the future. Technology is transforming the profession at the speed of light. Instead of resisting technology, translators and interpreters must embrace it and learn how to use it to further their professional advancement and intercultural communication. Embracing constant change is vital for survival in the global village of the 21st century.

If translators and interpreters do not become part of the digital revolution occurring in the second decade of this new millennium, we will be left out of the loop of progress… just what happened a few decades ago to those office workers and freelancers (including translators) who refused to learn how to use a computer … they quickly became professionally obsolete because they were no longer able to interact in the modern interconnected world. Today, we need to learn about the new tools that have been quickly becoming an intrinsic part of the modern world.

If we do not move forward, we will be moving backward.  Doing nothing is not an option.  If we do nothing, we will be left behind the loop of progress

Do something today to improve the technology at your disposal. Stop whining. Be the change you want.

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Forces Shaping the Industry in the Global Village of the 21st Century

Forces Shaping the Industry in the Global Village of the 21st Century

A talk to take place on  September 27, 2012 @ 07:15 EDT (11:15 GMT)

This session is a wake-up call to the future. Technology is transforming the profession at the speed of light. Instead of resisting technology, translators and interpreters must embrace it and learn how to use it to further their professional advancement and intercultural communication. Embracing constant change is vital for survival in the global village of the 21st century.

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If translators and interpreters do not become part of the digital revolution occurring in the second decade of this new millennium, we will be left out of the loop of progress… just what happened a few decades ago to those office workers and freelancers (including translators) who refused to learn how to use a computer … they quickly became professionally obsolete because they were no longer able to interact in the modern interconnected world. Today, we need to learn about the new tools that have been quickly becoming an intrinsic part of the modern world.

This event requires registration: http://www.proz.com/virtual-conferences/368/program/7214

 Labels: 21st Century, Global Village, Interpreter, interpreting, training, translation, Translator

Event Organizer: Claudia Brauer (Translator & Interpreter Trainer http://claudiabrauer.com)

What advise would you give to someone wanting to start working as an interpreter?

What advise would you give to someone wanting to start working as an interpreter?.