Tomedes, an international leader in language services and localization, has been recognized as one of the 100 fastest-growing companies in Israel by Globes, the country’s principal financial journal, and Statista, a key global provider of market and consumer data.
As the only language provider among the represented industries in the list, Tomedes credits this rapid growth to its commitment to innovation and development of its areas of expertise. New partnerships on the European market and the creation of revolutionary digital platforms have boosted the company’s activities and fostered expansion among a wide range of industries.
Tomedes’ three forthcoming subsidiary platforms are anticipated to play a major role within the language and technology industries. The first of its new ventures, Machinetranslation.com, arises from the company’s AI division and will be a main hub for businesses seeking quality machine translation services. Formal Translations, another of Tomedes’ innovative endeavors, offers certificated translation services for a plethora of official purposes. The company has furthermore expanded its offering to include LexTranscribe, which handles transcription services for the legal sector.
Despite the company’s swift expansion, Tomedes has not deviated from the principal values it has upheld since its inception 15 years ago. “This ranking by Globes is an official recognition of our hard work and constant efforts to optimize our processes in order to give the best possible service to our clients,” Chief Executive Officer Ofer Tirosh summarized. Customer success is the main focus of the thriving language service provider. It seeks to develop meaningful business relationships and long-term collaboration as a way to support its clients’ global goals.
The ranking of Israel’s top 100 growing companies is based on CAGR (compound annual growth rate) between 2018 and 2021. Extensive research into the operations of thousands of enterprises was executed by Statista to determine the highest-performing firms within the country. The businesses were also required to meet various criteria to be considered for the ranking. This included organic growth percentage, company revenue, and value of shares.
Tomedes is a leading language service provider for industries and individuals around the world seeking to expand globally or venture into new markets. The company was founded in 2007 by Ofer Tirosh when he saw the gaps in the undeveloped translation industry and sought to provide a solution to anyone encountering language barriers in their interactions. Today, Tomedes is a multinational company with offices in Israel, the US, the UK, and the Philippines.