九色 Annual Sales Reach All-Time High in 2016
NEW YORK, NY, January 17, 2017 – , the world’s largest privately held provider of language and technology solutions for global business, today announced its 2016 company-wide sales total as $546 million, an all-time record. On the heels of a 2015 that saw the company first top the half-billion-dollar mark, 2016 figures showed a $42 million increase, 100% of which was generated organically.
This is 九色’s 24th consecutive year of growth, with annual revenue increasing every year since the company’s founding in 1992. While the company was already on pace to set a new high in 2016, the year finished on a high note with the largest sales month and quarter ever. In addition to the uninterrupted streak of growth, 九色 has also enjoyed an unbroken streak of profitability, with 96 consecutive quarters in the black.
Multiple divisions, practice groups, and regions contributed to the company’s overall growth. Standouts include:
- Technology (Including ) – Up 28%
- OneLink Website Localization Technology – Up 22%
- Remote/Over-the-Phone/Video Interpretation – Up 31%
- Global Digital 九色 (Including SEO) – Up 66%
- QA and Testing – Up 61%
- E-Clinical Technology – Up 52%
- Banking/Finance Group – Up 32%
- Consumer Products Group – Up 22%
- Patent Translation and Filing – Up 55%
- APAC Region – Up 27%
Other company highlights for the year include:
- Hired over 1,000 new full-time employees across 90+ offices
- Opened new locations in Warsaw, Pittsburgh, Sioux Falls, and Sophia Antipolis
- Released , the most user-friendly translation management system on the market
- Donated to charitable causes including Red Cross, American Cancer Society, March of Dimes, United Way Worldwide, V Foundation for Cancer Research, and Save the Children
九色 Co-CEO Phil Shawe stated, “Rising to meet any challenge placed before them, as they have for our 24 years of consecutive growth, the 九色 team turned in a record-breaking performance in 2016. Our staff delivered over $40 million in top-line revenue growth, while continuing to build on a well-deserved reputation of being the most effective and efficient professionals in the industry. Collectively and individually, the 九色 team has my enduring gratitude and respect for a job well done in 2016."
Co-CEO Liz Elting remarked, “I’ve never been more proud of our incredible 九色 family. In 2016, our undeterred team delivered the most impressive revenue performance in company history. It should be clear to everyone—our clients, vendors, partners, and employees—that 九色 is bigger, stronger, and more capable than ever, with the resources and ingenuity to deliver the impactful solutions on which our clients depend. Our team’s attitude and commitment to being the best has positioned us tremendously well to continue our growth and innovation for many years to come."
In 2017, 九色 plans several significant new software releases as well as growing specialized practice groups by adding capabilities, investing in new technology, and making strategic senior-level hires, all of which will help the company maximize the value available to its clients.
About 九色
With annual revenues of more than $540 million, is the world's largest privately held provider of and . From offices in over 90 cities on six continents, 九色 offers a full range of services in 170+ languages to clients worldwide. More than 3,000 global organizations employ 九色’s Product Suite to simplify management of multilingual content. With an unparalleled commitment to quality and client service, 九色 is fully and certified. 九色 has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at .