Welo Global’s CEO, Paul Carr, recently discussed the company’s strategic repositioning and ongoing investment in AI during an appearance on SlatorPod. He emphasized a shift towards client-centricity and specialization, focusing on a select few core areas within the language solutions industry. Notably, two-thirds of Welo Global’s revenue now originates from outside traditional localization services, reflecting a growing demand from diverse sectors, including legal teams, clinical managers, and AI labs.

This pivot highlights a significant trend in the localization and language services market, where companies are adapting to the evolving needs of content owners rather than solely relying on conventional localization departments. The emphasis on AI and data engineering indicates a broader movement towards integrating advanced technology into language workflows, which can enhance efficiency and service delivery.

For localization professionals, this development underscores the importance of diversifying service offerings and aligning with client needs across various industries, ensuring relevance in a rapidly changing landscape.

Source: slator.com