Video is a powerful tool for businesses to promote their products, services, or brands in an engaging way. In fact, 88% of people say that they’ve been convinced to buy a product or service by watching a brand’s video. However, if your video is only available in one language, you’re limiting its potential reach and […]
In 2022, there were 3.46 million patent applications were submitted, the highest number of filings ever recorded. Offices received around 68% of patent applications filed globally in Asia, with an increase rate of 11% in 2012. Types of Patent Applications Similar to many other national intellectual property offices, South Korea recognizes three types of patents:
Clear and precise communication across languages is essential for financial companies operating internationally. The demand for professional financial translation services has grown significantly as globalization links markets more closely. According to Research and Markets, the global language services market was valued at $67.2 billion in 2022. Forecasts predict an annual growth rate of 6.6% from
The demand for online education, or eLearning, continues to soar, driven by factors such as technological advancements, increasing internet penetration, and the growing need for flexible learning solutions. According to a report published by Facts & Factors, the global online education market size was evaluated at $217 billion in 2022 and is projected to reach
EC Innovations, a dynamic player in the language services and technology industry, today announced that it has once again been named to the 2024 Nimdzi 100 List, ranking 52nd among the Top 100 Largest Language Services Providers in the world. Nimdzi Insights, known for its authoritative insights into the language services industry, annually publishes the
As more and more companies go global, the demand for services that can bridge linguistic divides and cater to an international audience has surged. Among these essential services, Annual Report Translations stand out as a critical need for multinational corporations. What is an Annual Report? An Annual Report is a comprehensive document that provides an
In today’s interconnected society, medical translation are pivotal in ensuring accurate and efficient communication between healthcare providers and patients from diverse linguistic backgrounds. Medical professionals must provide accurate and culturally appropriate information in a language that patients can understand. However, the importance of medical translations extends beyond mere language conversion; it encompasses medical terminology, varied
We are thrilled to announce that EC Innovations has once again been featured as a Leader in Slator’s 2024 Language Service Provider Index (LSPI), securing the 32nd position worldwide. The Slator LSPI is a ranking and an index of the world’s largest translation, localization, interpreting, and language technology providers. The 2024 LSPI features nearly 250
A survey by the European Commission found that language and cultural barriers can have a significant impact on businesses. Spanish companies reported the highest rate of lost business (19%) due to these barriers, followed by French companies (13%) and German companies (10%). In today’s global economy, financial document translation plays a crucial role in facilitating successful business
The world of finance is undergoing a profound transformation, thanks to the rapid integration of Artificial Intelligence (AI) technologies. From personalized financial advice to fraud detection and algorithmic trading, AI is reshaping every facet of the financial services sector. According to Autonomous Next research seen by Business Insider Intelligence, the potential cost savings for banks
