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Language Services Market | Globalization of Businesses to Boost the Market Growth | Technavio

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The language services market is expected to grow by USD 9.72 billion during 2020-2024. The report also provides competitive insights into the market impact and new opportunities created due to the COVID-19 pandemic. According to the latest market research report by Technavio, the impact is going to be significant in the first quarter. It will eventually lessen the subsequent quarters “ with a limited impact on the full-year economic growth.

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Companies across the world are focusing on expanding their businesses across regions to increase revenue and acquire new customers. The expansion of business operations has necessitated companies to comply with several legal as well as financial regulations. This requires translation of documents in local languages which has created a high demand for on-site and telephonic interpreters to facilitate communication between trading organizations. Besides, companies that looking to expand their customer base on a global level must focus on localizing their marketing content. All these factors are fueling the growth of the global language services market.

As per Technavio, the increased adoption of content reuse platforms will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024. To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40429

Language Services Market: Increased Adoption of Content Reuse Platforms

Content reuse platforms are gaining popularity among organizations as they significantly reduce the authoring and review time as well as the cost and effort related to publishing and localization of content. These platforms also ensure consistency of content throughout the organization. This increases the efficiency of translation, interpretation, and localization of content. The rising adoption of content reuse platforms is expected to have a positive impact on the growth of the global language services market during the forecast period.

The increased localization of video content and the adoption of technology to enhance language translation process efficiency will further boost market growth during the forecast period, says a senior analyst at Technavio.

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Language Services Market: Segmentation Analysis

This market research report segments the language services market by End-user (Healthcare, ICT, BFSI, Government, and Others) and Geographic Landscape (APAC, Europe, MEA, North America, and South America).

The APAC region led the language services market in 2020, followed by Europe, MEA, North America, and South America respectively. Due to the rapid growth in the IT sector, the APAC region can register the highest incremental growth during the forecast period.

Technavios sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Some of the key topics covered in the report include:

Market Challenges

Market Trends

Market Drivers

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

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Frazier & Deeter Names New Nashville Office Managing Partner

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NASHVILLE, Tenn., Jan. 20, 2021 /PRNewswire-PRWeb/ — Frazier & Deeter, a Top 50 accounting and advisory firm with offices in the US and the UK, announced today a new Nashville Managing Partner. Sasan Zamani has been named the new Office Managing Partner for the Nashville office, which serves clients across Tennessee as well as other states and internationally.

“We are excited to name Sasan as the Office Managing Partner in Nashville,” said Seth McDaniel, Managing Partner of Frazier & Deeter. “Sasan has played a leadership role in the growth of both our Tax Practice and our Nashville office. He will play a critical role in enhancing our growth in Tennessee, building on our focus of delivering exceptional client experience.”

Sasan Zamani, CPA, is a Partner in Frazier & Deeter's Tax Practice. He serves clients in a variety of industries, specifically healthcare, technology, private equity, manufacturing & distribution and professional services. Zamani's expertise is in Corporate Tax, ASC 740, Consolidated Corporate and Multi-State tax compliance, Transaction Advisory Services, Partnership Tax and State & Local Tax. He has been a frequent speaker in Nashville regarding evolving tax compliance requirements under the Tax Cuts and Jobs Act and the CARES Act.

“I'm honored to serve as the leader of Frazier & Deeter's excellent team of professionals in Nashville,” said Zamani. “I look forward to continuing to drive value for our clients as we grow both our services and our client base.”

Zamani joined Frazier & Deeter in Atlanta in 2007 but moved to Nashville in 2014 to assist in expanding the firm's footprint. He received a Bachelor of Science in Business Administration from Auburn University and a Master of Taxation from Georgia State University.

About Frazier & Deeter

Frazier & Deeter is an award-winning accounting and advisory firm headquartered in Atlanta, Georgia, USA. The firm provides a wide range of tax, audit, accounting and advisory services to serve the emerging needs of clients as they evolve. Frazier & Deeter and its FD family of brands have nine offices across the United States and one in the United Kingdom. The firm has been recognized repeatedly as a Best of the Best Accounting firm, a Best Firm to Work For in the U.S. and a Best Firm for Women in Leadership. Frazier & Deeter's brand promise is Investing in Relationships to Make a Difference™.

Media Contact

Adelle Starr, Frazier & Deeter, 404-253-7434, [email protected]

Twitter, Facebook

 

SOURCE Frazier & Deeter

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Defiance Ventures Announces Investment in Digital Property Management Platform: Rabbu

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CHARLOTTE, N.C., Jan. 20, 2021 /PRNewswire-PRWeb/ — Defiance Ventures today announced its minority investment in Rabbu, a digital property management platform that provides property investors higher returns on their portfolio. By providing end-to-end property asset management services on investors' behalf across multiple channels, Rabbu optimizes a property's potential to earn higher returns, hassle-free.

“Looking at the explosion in the property rental market right now, as well as the segmentation in the property management space, Rabbu's highly-scalable tech-enabled service is a potential industry disrupter,” said John Espey, CEO of Defiance, “and that's a space we play in very well. Furthermore, I've known Emir for a long time and we like to 'bet on the jockey' as they say.”

Rabbu offers single-family as well as multi-tenant property investors full-service management that takes the burden off of the owner. Rabbu's platform handles everything from procuring the best properties, evaluating return on investment, getting the property ready for tenants, listing and marketing the property, handling support and operations, and coordinating all financial aspects.

“Since we raised our first funds in 2019 we've consistently expanded into new rental markets,” said Emir Dukic, Founder and CEO of Rabbu. “Raising capital from experienced tech investors like Defiance not only helps us continue our march forward, but also surrounds us with the right teams to scale our technology at the right time,” added Dukic.

About Defiance Ventures
Defiance Ventures is a venture builder focused on B2B enterprise technology companies. It combines capital and early stage investment expertise with real world capabilities spanning marketing, branding, sales, application development, and cloud architecture to help its portfolio of technology companies to disrupt their respective industries. Visit https://defiance.ai/

About Rabbu
Rabbu is a flexible asset management platform that provides property investors higher returns on their portfolio through short. medium and long-term tenants. By providing end-to-end property asset management services on investors' behalf, Rabbu's goal is to unlock a property's potential and enable property investors to earn higher returns, hassle-free. Visit http://www.rabbu.com

Media Contact

Bryan Bellamy, Defiance Ventures, 7043189598, [email protected]

 

SOURCE Defiance Ventures

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New Era as Shook Designates Women Partner Pair to Lead Product Liability Practice

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MIAMI and SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ — Premier trial firm Shook, Hardy & Bacon has selected a second woman partner to co-lead its powerhouse Product Liability Litigation Practice. Following the retirement of longtime Partner Walt Cofer, Shook has selected Partner Hildy Sastre to join current Co-Chair Alicia Donahue. Sastre is a highly sought-after winning trial attorney, while Donahue brings more than 30 years as a trusted advisor leading and managing MDL cases. Both serve as national counsel for some of the largest pharmaceutical and medical device companies in the world.  

“Hildy and Alicia each bring great strengths to their roles,” said Shook Chair Madeleine McDonough, who led Shook's pharmaceutical and medical device division prior to beginning her role as chair in 2017. “We are excited about this next chapter for Shook.”

Shook is the most active defense firm in the country when it comes to product litigation. Since 2015, Shook has handled more product liability cases in federal court than any other firm according to Lex Machina's search of federal court records, and tried more than 100 cases to verdict as first-chair counsel. The firm lead the defense in four of the 10 largest drug and medical device MDLs in the country, while playing a defense role—from national to local counsel—in more than 20% of the active MDL docket.

Sastre is among an elite group of women trial lawyers with experience defending Fortune 100 corporations—including pharmaceutical and medical device companies and a variety of other manufacturers—in national multidistrict litigation, consolidated proceedings and mass tort claims, many of which involve tens of thousands of plaintiffs. Sastre acts as trial counsel in bellwether cases—those that courts and parties select to test their arguments, with the goal of moving the overall mass tort litigation toward resolution. She is on the short list of women trial lawyers asked to work on some of the most complex and challenging cases in the country. Her clients include GlaxoSmithKline (GSK), Sanofi and Stryker Corporation.

“Alicia is a highly respected for her deep relationships with clients. I'm grateful for this opportunity to serve with her, as we advocate for industry leaders in very complex product liability litigation, mass torts and MDLs,” said Sastre.

Donahue has represented drug and device manufacturers in complex litigations and coordinated proceedings and MDLs throughout the country for more than thirty years. Donahue currently serves as the firm's relationship partner for Pfizer, Inc., Roche and Genentech. Donahue represents these companies in mass tort litigation throughout the country. She also represents Bayer in various California litigations.

“Hildy is not only an effective courtroom advocate for her clients, she's a genuinely nice person. We will complement each other as we elevate our practice to the next level,” said Donahue.

The promotion of Sastre is indicative of Shook's commitment to promoting women in the workplace. Both Donahue and Sastre serve on Shook's Executive Committee which is composed of 45% women lawyers. Women make up 50% of office leadership, and 32% of practice group leadership are women at Shook.

On Tuesday, January 19, Shook announced the addition of a New York office with Partners Tom Sheehan and Kimberly Penner to help serve the firm's pharmaceutical and medical device clients.

About Shook, Hardy & Bacon

Founded in 1889, Shook, Hardy & Bacon L.L.P. has 16 offices in the United States and London, with attorneys and professional staff serving clients in the health, science and technology sectors in areas ranging from product liability defense and commercial litigation to intellectual property prosecution and litigation, environmental and toxic tort, privacy and data security and regulatory counseling.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/new-era-as-shook-designates-women-partner-pair-to-lead-product-liability-practice-301211750.html

SOURCE Shook, Hardy & Bacon L.L.P.

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