Growth Strategies — An LSP’s Evolution from Stagnant to One of the Fastest-growing
Track: Inside Track | IN7 |
Friday, October 16, 2015, 11:15pm – 12:00am
Held in: Mission City Meeting Room 3
Tito Colon - Aetna
Azam Mirza - Akorbi
Host: Stephan Lins
Akorbi has grown from a translation business with stagnant growth to one of the largest language service providers (LSPs) in the world (as ranked by Common Sense Advisory in 2014) with more than 200% yearly growth. Akorbi will share a case study with a focus on specific growth strategies and the key lessons learned from years of trial-and-error and the inability to exceed $1 million in revenue before becoming an industry leader. Aetna, Akorbi’s 11-year client, will share its role in the evolution, the keys to a win-win partnership and how it has benefited through increased services, cost-savings, process improvement and more.
Takeaways: Attendees will learn specific strategies an LSP can implement to evolve from a single service translation company to a global business solution provider; how to figure out the “magic” combination of strategies for personnel, lines of business, vendors, funding and partnerships; and how corporations can benefit from an LSP’s growth and increased offerings.