Two dozen wine industry executives surveyed by Robert Smiley, a professor at the Graduate School of Management at the University of California at Davis (UCD), said that their biggest issues in 5 years will be environmental challenges, global trade, wine marketing, the appearance of wine as a commodity, tax issues, wine style and vineyard pests. UCD’s provenance in the wine business is well known to oenophiles. It developed the Davis 20-point scale, a widely-used tasting metric that gauges color, clarity, aroma, bouquet, taste, flavor, finish, and its lasting impression.
Number 9 on our list of the top 20 translation companies, TransPerfect (known as Translations.com to some of its customers) seems determined to climb over competitors Euroscript (US$54.5M in 2005), Xerox Global Services ($60M in language business), SDI ($60.3M), and RWS ($63.4M). Sources inside the company claim it will close the year at US$65 million in revenue, almost guaranteeing TransPerfect a higher position on the top 20 of 2006.
Three years ago we wrote in Beggars at the Globalization Banquet that centralized, formal procurement organizations would play a growing, even defining role in sourcing language services. Other reports have uncovered more details on the evolution of the buying strategies, culminating this July with the Online Sourcing of Translation Services report on how language service buyers and providers can influence the procurement process.