TransPerfect - Company of the Year

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Company: TransPerfect, New York, NY
Company Description: With annual revenues of more than $500 million, TransPerfect is the world's largest privately held provider of language services and technology solutions. From offices in 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 3,000 global organizations employ TransPerfect’s GlobalLink® Product Suite.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Business Services

Nomination Title: TransPerfect's Record Breaking Year

Tell the story about what this nominated organization has achieved since January 1 2015 (up to 650 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms.

TransPerfect is the world's largest privately held provider of language services and technology solutions. From offices in 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong.

GlobalLink

Since its introduction in 1999, TransPerfect’s GlobalLink technology has helped some of the world’s leading organizations simplify the process of creating, releasing, and managing multilingual content.

TransPerfect's GlobalLink Suite is a modular set of technology products designed to help organizations manage multilingual content more efficiently. GlobalLink includes solutions ranging from a simple, hands-off tool to quickly launch translated websites to an enterprise deployment capable of managing content across a wide range of platforms, languages, and vendors. With more pre-built integrations for major CMS, e-commerce, PIM, database, and digital marketing platforms than any other solution, GlobalLink is the preferred choice of over 3,000 organizations worldwide to reduce the time, effort, and cost of global content strategies.

2015 was TransPerfect's 23rd consecutive year of growth, with revenues increasing every year since the company's 1992 founding. Its 2015 revenue total of over $505 million put the company atop the half billion dollar revenue mark for the first time in its history! And in 2016, the company continues to shatter growth records, with an increase in the first quarter of 13.7% compared to the same period last year, and 23.5% relative to 2014. It marks the largest Q1 revenue in TransPerfect’s history and puts the company well ahead of last year’s record-breaking pace. Also noteworthy is that the $34 million annual revenue increase from 2014 to 2015 was 100% organic, with no mergers or acquisitions factoring into the final number.

In 2015, significant gains were made across many of the company's key regions and solutions groups, including:

Latin America Sales – Up 30%
Enterprise Technology and Software – Up 34%
Media/Voiceover/Subtitling – Up 41%
Over the Phone and Video Remote Interpretation – Up 42%
E-Clinical Software for Life Sciences – Up 104%
Deposition Services and Court Reporting – Up 34%
Conference Services – Up 20%

In addition to strong revenue growth, TransPerfect also reported a number of other positive new developments:

In 2015 and 2016, sales totals for GlobalLink technology were the highest ever, breaking records in terms of unit sales, new-client engagements, and overall revenues, adding over 700 new GlobalLink technology clients. “The continued growth of our GlobalLink division is a clear-cut endorsement of the power and value of the technology,” said Matt Hauser, Vice President of Content Solutions at TransPerfect.

The company also:
• hired over 800 new full-time employees across 90+ offices
• opened new offices in Taipei and Helsinki
• donated to charitable causes like Red Cross, UNICEF, UNHCR, the V Foundation for Cancer Research, the American Heart Association, and Toys for Tots

TransPerfect Co-CEO Liz Elting said, "Sitting in a dorm room over two decades ago, my goal was to build and lead the world's premier language services provider. So many dedicated, loyal, and talented people have contributed to our growth and to reaching the half billion dollar mark, and I'm eagerly looking forward to continuing our efforts to be the partner and employer of choice in our industry in 2016 and beyond."

“Setting a record coming out of the gates in 2016 is fantastic, and I’m very proud of our team’s accomplishment,” said Phil Shawe, Co-CEO of TransPerfect. “But what’s even more exciting is that if you dig deeper into the numbers, these results aren’t just a huge one-off engagement or a single outperforming group propelling the top-line number. Nearly every team, vertical, and region has contributed, and that bodes well for our continued ability to drive growth and profitability.”

The company's plans for 2016 include continuing to develop and release new technology solutions, establishing and growing specialized industry teams, increasing overall headcount by hundreds to over 4,000 employees, and

In bullet-list form, briefly summarize up to ten (10) of the chief accomplishments of this organization since the beginning of 2015 (up to 150 words).

In 2015, $505 million put the company atop the half billion dollar revenue mark for the first time in its history!
• Latin America Sales – Up 30%
• Enterprise Technology and Software – Up 34%
• Media/Voiceover/Subtitling – Up 41%
• Over the Phone and Video Remote Interpretation – Up 42%
• E-Clinical Software for Life Sciences – Up 104%
• Deposition Services and Court Reporting – Up 34%
• Conference Services – Up 20%
• hired over 800 new full-time employees across 90+ offices
• opened new offices in Taipei and Helsinki
• donated to charitable causes like Red Cross, UNICEF, UNHCR, the V Foundation for Cancer Research, the American Heart Association, and Toys for Tots

Of the following measures of success, which ONE do you want the judges to most appreciate about your organization's story of achievement since the beginning of 2015?
Financial Performance