September 2, 2013

Israel’s ‘One Hour Translation’ Doubles Its Sales



Israel-based One Hour Translation, which provides online professional translation of documents, expects its revenue to double annually as businesses increasingly turn to its service.

The company already serves half of the Fortune 500 companies, partners with Google in offering a translation service for apps, and each month translates 100,000 projects for 15,000 business customers.

“Our sales growth rate is close to 100 percent. Next year for sure we will continue at this pace,” the company’s general manager, Lior Libman, told Reuters. He declined to elaborate but said the five-year-old company was profitable.