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Posted Aug 15, 2012 at 7:01 AM by Smith Yewell


In June, I attended the Localization World conference in Paris.  In conjunction with the the event we also conducted our own vendor conference as well as a client conference, and with strong representation from both our clients and vendors, we decided to do something unique this year. I am not sure it has been done before.  It was certainly the first time we had ever done it.

The experiment began with the challenge of finding a taxi in Paris during the morning rush hour.  The long line of available taxis we saw conveniently waiting in front of the hotel the day before had vanished. Not a taxi in sight!  Ten minutes passed and still no taxis. And thus began our Paris Metro experience. Taking the Metro is no problem, but trying to coordinate a large group of people in getting on and off of packed trains, at the right stop, without losing anyone – was a true challenge in logistics.  The feeling was strangely familiar to managing a large translation project.

Once we arrived and got settled in the conference meeting room (everyone made it), I kicked-off our first ever combined Client-Vendor summit!  I started by thanking our staff, clients and vendors for the excellent achievements we have made so far this year:

* Revenue in the first half up by 12.4%
* 4 upgrades to GlobalSight and 10 new GlobalSight clients
* Machine Translation Innovation: We are developing our own automated MT scoring tool (beta already running) 

I then discussed our new format for the meeting.  We have been conducting separate client and vendor summits for years, but this was the first time we had ever combined the two meetings.  Our clients and our vendors suddenly found themselves sitting together in the same room.  Yes, many of our client’s reviewers quite often meet our translators, but this was something different.  For an entire day, the Welocalize staff, our clients and our translators met together and discussed key business challenges that we each face at our unique points in the supply chain.  The result was outstanding with one client telling me “it ended too soon”!

One of the really interesting sessions was during a panel comprised of both our clients and our translators.  Antoine Rey, our Sr. Director of Europe & Asian Sales, Lyn Carroll, our Sr. Director of Global Vendor Management, and myself moderated a series of questions put to the panel.  The following question sparked an interesting debate: how necessary is a client review step in the translation process?

The client review process can be very expensive.  I have heard some clients say they spend up to 20% of their budget on this step while I have heard others say they have eliminated the step entirely.  Why are there opposite opinions around such an important question?  We put it to the panel.  One client on the panel informed us that they had stopped doing the review and suggested that time spent on creating a better upfront process produces better quality in the end, and that what they found to be more useful was “allocating more time and authority for the translator to do their job properly.”  The opposing view on the panel was also interesting.  This client pointed out that their review feedback was not intended to be critical but was intended more specifically to help educate the translator on the language that is unique to that client’s products.

I think both points of view are valid depending on the maturity of a translation program.  Naturally, a program that has been running for years will have experienced translators who have learned to “speak the language of the customer.”  In addition, much of the actual translation itself may become less and less new words, and a large and reliable translation database lends itself to greater confidence in eliminating the review step.

I think that what is most important in delivering “quality” is structuring a translation program around a candid assessment of the “maturity” of the program.  Naturally, new programs require additional steps and time to fix the bugs in the program.  Some of the steps become unnecessary as the translation supply chain gains more experience.  This necessary experience comes from patience and investment during the inevitable highs and lows of a translation program life-cycle, and the strongest partners are those you can count in either case.  I want to thank those partners, clients and vendors alike, who have helped us create a truly unique company in our industry and for your willingness to try new things such as this combined summit.  I want us to innovate together wherever possible!

Smith
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Posted Apr 9, 2012 at 7:17 AM by Smith Yewell

We have very exciting things going on at Welocalize this year, but this would not be possible without the incredible hard work everyone put in during 2011.  2011 marked the greatest single-year expansion in the company’s history.  The pace of change, the dedication of our partners and staff in working long hours to keep up and the support of our clients in trusting us to take-on increasing volume and complexity – were all at the greatest levels I have ever seen.
To put it into perspective:
  • Revenue Record: $24 million added (39% growth)
  • Hiring Record: over 100 new staff added
  • Merger Record: three, with Park being our largest ever
  • Word Count Record: 400 million
  • Language Record: 115
Our revenue climbed by 39% to $83 million, and it is amazing when you consider it was one word at a time.  We moved an enormous amount of words around the world at a dizzying pace with a supply chain of over 10,000 people.
I am also happy to report that we made significant progress towards my vision of being the On-Demand translation leader.  This means delivering services at a competitive price and with minimal inconvenience to clients with large and complex ongoing day-to-day demands.  On-Demand translation is the shift towards continuous translation as opposed to episodic projects. It is characterized by tight integration with IT systems, “right now” deadlines, and a high level of automation.
All of these developments have positioned us for an outstanding 2012, and we began the year with an exciting announcement: our merger with Park IP.
Park IP is the leading patent and legal translation firm in the USA.  Our plan is to continue to expand the breadth of translation services we can offer and this addition of Legal translation services fits perfectly.
In addition, this merger now takes us over $100 million in revenue!  This is a major milestone for our staff, clients and partners, and I want to thank all of you for your support.
Now I want to describe what we have planned for 2012.  All of us on the leadership team are more enthusiastic than we have ever been about the company’s prospects to deliver a superior continuous localization (On-Demand) service built upon a strong foundation of Operational Excellence.  There is a positive buzz in the company and around our industry about the great things going on at Welocalize.  We are evolving rapidly and leading a transformation in our industry around continuous localization.
Given the rapid changes in the world related to On-Demand content being available on any device, anywhere in the world and in any language – an enormous opportunity exists for Welocalize to be recognized as the continuous localization (On-Demand) leader in our industry.  We have built a company that is able to increase velocity, increase quality and drive out waste like no other in our industry.  Our rally cry for 2012 is to DRIVE OUT WASTE!
A strong culture and meaningful values create an enduring company.  This is also at the heart of our growth plans.  We are big believers in Patrick Lencioni’s work and program to build a “healthy company”.  We are even referenced in his new book, “The Advantage: Why Organizational Health Trumps Everything Else In Business!” Investing in our culture and satisfaction of our people remains a top focus for 2012.
Thank you again for all of the support.  I am very proud of what we have all accomplished together.
Smith

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Posted Feb 9, 2012 at 11:38 AM by Smith Yewell

Hello Welocalize Community,
 

I have exciting news! I am happy to announce our merger with a company called Park IP Translations.

Combined, we are now over $100 million in sales with 12 offices and nearly 600 people worldwide!

This is an extraordinary milestone for all of us, and I want to recognize the support of our clients, staff and partners in this great accomplishment.

For your information, here is a question and answer summary:
 
Q: What does Park do?

A: Park is one of the top providers of translation services in the legal field including patent translations, litigation support, mergers & acquisitions and contracts. 

Q: Will Park keep their name and existing team?

A: Yes, the existing Park management and staff will remain in place.  They will operate as a Welocalize subsidiary, and they will continue with the Park name.

Q: What size is Park?

A: They have 35 employees and approximately $25 million in sales.

Q: What do we have planned?

A: We plan to use our merger as a way to offer our respective clients a larger variety of translation/localization services and technology. 

Q: Are there any changes at Welocalize related to the merger?

A: No, there are no Welocalize changes associated with the merger other than now being able to offer legal translation services to our clients and the addition of the Park offices and staff in New York City and Beijing.
 
Thank you again for your support!

Smith
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Posted Jan 5, 2012 at 12:44 PM by Smith Yewell

It’s hard to believe three years has gone by since we launched GlobalSight as an open source product.   Time flies when you are having fun, and we have had a lot of great experiences with GlobalSight.  The open source nature of the product has helped us to improve efficiency across our supply chain through open collaboration and interoperability – even with competitor’s products such as SDL Passolo.  The open source nature of GlobalSight has also lead to it becoming “one of the most deployed TMSes in the market”, per a recent Common Sense Advisory blog post.  I have included the blog post below.
I want to congratulate our GlobalSight development team and say thank you to the GlobalSight community (over 5,300 strong!)  We remain committed to advancing the GlobalSight feature set and expanding our community through open collaboration and interoperability.

Smith



GlobalSight was one of the first translation management systems (TMSes), debuting in 1998 (see "The Attack of the TMS Patents," Dec11). It was acquired by an Irish language service provider (LSP), Transware, in 2005, following a byzantine refinancing scheme by the two companies' backers. Shortly after Welocalize purchased Transware in 2008, GlobalSight was made open source. Fast-forward to May 2011, when GlobalSight.com had nearly 5,300 subscribers to the site and a total of 18,000 downloads.

That level of user interest putatively makes GlobalSight one of the most deployed TMSes in the market. However, from day one we've been watching for active participation in the open-source effort by developers other than Welocalize (number 18 on our list of top 50 global suppliers). Welocalize dedicated resources to renovating and updating GlobalSight, initially by replacing commercial components such as Oracle with open-source equivalents like MySQL (now owned by Oracle). Development on GlobalSight by other commercial entities and academics would prove that the open-source model was succeeding.

In September, GlobalSight 8.2 was announced with support for SDL Passolo, allowing users of that visual localization engineering tool to import language project (LPU) files into GlobalSight as source files. Previously, users localizing software such as dynamic link libraries (DLLs) had to work outside the mainstream of documentation and externalized code that could be processed through a TMS. With this integration, DLL content is presented in the same context as HTML and Word files, so localizers can get the benefit of shared translation memories and terminology databases as do translators. Welocalize's Derek Coffey told us that a future release, 8.4, in the second quarter of 2012 will be able to import DLLs directly into GlobalSight, further simplifying the process.

More immediately, the planned January release of version 8.3 will introduce the smart box, a client-side service that will allow for easier connection to remote software such as content management systems (CMS). For example, it will expedite file transfers between GlobalSight and the clients CMS and add single-screen project creation.

Support for Passolo will hopefully grease the skids for more such integrations by competitors and third-party providers, thus affirming GlobalSights open-source credentials. Elsewhere, Welocalize continues to invest in interoperability, segueing from its work with LISA on standards to GALA (see "Language Industry Standards as a Driver for Growth," Sep11). As our most recent report on the TMS universe shows, there is no single tool on the market that covers every single feature and function area (see "How to Select a Translation Management System," Nov11). However, with these updates, GlobalSight stands to boost its score in the area of interoperability. Will competing TMSes follow suit? We'll stand by to find out.
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Posted Sep 19, 2011 at 10:03 AM by Smith Yewell

Welocalize has been actively supporting interoperability initiatives across the industry such as Interoperability Now and Open TM2.  We have also been working on practical implementations of interoperability between products, and we are happy to announce interoperability between Passolo and GlobalSight.  The products have been connected through their APIs.  GlobalSight uses the Passolo API to import Language Project (LPU) files into GlobalSight as source files for translation and move them through a translation workflow. This allows the user to take advantage of existing TMs, Machine Translation and other GlobalSight features when working with content supplied by Passolo. GlobalSight updates the LPU through Passolo's API when the translation process completes.

The productivity of our industry's tools is greatly improved through interoperability, and we are excited to make this step forward.

Smith
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Posted Aug 25, 2011 at 7:58 AM by Smith Yewell

Welocalize has been investing heavily in growth, and I am happy to report that our consistent growth has been recognized once again.  For the 7th year in a row, we have won the Inc 500|5000 award for America’s fastest growing private companies.

It is rare for a company to win this award for so many years in a row, and it is a great achievement for all of our staff to enable this incredible growth for so long.  I know it has been hard work, and I want to sincerely thank our staff, clients and partners.  Many companies grow, but only a small few grow consistently while building a strong company that stands the test of time.

Here is the list of non-government language service providers recognized by Inc magazine:

Rank         Company                                    Growth    Revenue         
1283G3 Translate225%$2.8 million
1474Global Language Solutions190%$9.9 million
1517SignTalk183%$4.1 million
1886Language Services Associates137%$26.8 million
2230CyraCom International111%$37.4 million
2328Welocalize104%$59.6 million
3117CETRA Language Solutions64%$3.8 million
3202Universal Language Service61%$5 million
3216TransPerfect61%$251.2 million
3338ProTranslating55%$11.1 million
3548U.S. Translation48%$2.2 million
3771Para-Plus Translations39%$2.3 million
3935Geneva Worldwide34%$7.5 million
4003Dynamic Language Center32%$6.8 million
4412Fluent Language Solutions21%$5.9 million


Regards,
Smith
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Posted Jul 27, 2011 at 2:35 PM by Smith Yewell

The US Debt Ceiling crisis has created no shortage of drama over the last several months.  Whether in government or in business, one simply has to pay out less than what is taken in order to stay financially solvent.  Fortunately, Welocalize has not had this problem.  Our revenue in the first half of 2011 increased 44% over 2010, and our earnings continued to grow and remain healthy.  But like any other business or government, we have had to make tough choices.  There is never enough time or money to accomplish everything on the wish list.  The decision making challenge is in prioritization, and the goal should be an enduring structure with not only a stable ceiling but also a sound roof to keep out leaks.  This is the kind of business we are building here at Welocalize.

High growth creates great opportunities, but growth also creates structural challenges.  As an example, Ireland has endured through the perils of both.  After reaching an historical high of 5.47 percent GDP growth in March of 2007, Ireland fell to a record low of -4.47 percent in December of 2008. The cause of the decline, as we all know, was a systemic failure in the financial system, and not only in Ireland.  Debt knew no ceiling throughout the world; the growth was not built upon a scalable foundation and the roof caved in.
Learning from this example and others over the past 14 years, it has been my priority to make sure that Welocalize continues to grow upon a scalable and reliable foundation.  We have made significant investments to ensure this.  We have added over 100 staff in the past 12 months giving us a current total of 500 worldwide, and we will invest nearly $4 million this year in our technology products and infrastructure.  At the core of our growth will remain our 4-Pillars: Customer Service, Quality, Innovation and Teamwork.  We regularly ask our clients to measure us in our 4-Pillars, and we also use them to measure ourselves. 

Entering the second half of the year, I feel very fortunate and optimistic.  Economic challenges still persist around the world, but all signs are pointing to 2011 being a great year for Welocalize.  I want to thank our clients, staff and vendors.  Our industry is changing, and I plan on Welocalize being a leader in that change.  As President Herbert Hoover once said, “About the time we can make the ends meet, somebody moves the ends.” 

Smith
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