NAICS Code 423690-59 - Translators' Systems & Equipment (Wholesale)

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NAICS Code 423690-59 Description (8-Digit)

Translators' Systems & Equipment (Wholesale) is a subdivision of the Other Electronic Parts and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of equipment and systems that are specifically designed for translation purposes. The equipment and systems are used to facilitate communication between individuals who speak different languages. The industry is responsible for providing a range of products that are used in various settings, including business meetings, conferences, and international events.

Hierarchy Navigation for NAICS Code 423690-59

Tools

Tools commonly used in the Translators' Systems & Equipment (Wholesale) industry for day-to-day tasks and operations.

  • Translation software
  • Translation memory software
  • Translation management software
  • Translation project management software
  • Translation quality assurance software
  • Translation memory databases
  • Translation glossaries
  • Translation style guides
  • Translation memory alignment tools
  • Translation memory extraction tools
  • Translation memory import/export tools
  • Translation memory cleaning tools
  • Translation memory analysis tools
  • Translation memory maintenance tools
  • Translation memory backup tools
  • Translation memory sharing tools
  • Translation memory search tools
  • Translation memory reporting tools
  • Translation memory training tools

Industry Examples of Translators' Systems & Equipment (Wholesale)

Common products and services typical of NAICS Code 423690-59, illustrating the main business activities and contributions to the market.

  • Language translation systems
  • Interpretation equipment
  • Translation headsets
  • Translation microphones
  • Translation booths
  • Translation software
  • Translation memory databases
  • Translation glossaries
  • Translation style guides
  • Translation project management tools

Certifications, Compliance and Licenses for NAICS Code 423690-59 - Translators' Systems & Equipment (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • ISO 17100:2015 Translation Services Certification: This certification ensures that the translation services provided by the company meet the highest quality standards. It covers the entire translation process, including project management, translation, proofreading, and quality control. The certification is provided by the International Organization for Standardization (ISO).
  • ATA Certification: The American Translators Association (ATA) offers a certification program for translators. The certification is a testament to the translator's skills and knowledge in the field. It is a rigorous process that involves passing a translation exam and meeting certain education and experience requirements.
  • CMI Certification: The Certification Commission for Healthcare Interpreters (CCHI) offers a certification program for medical interpreters. The certification ensures that the interpreter has the necessary skills and knowledge to provide accurate and effective interpretation in a medical setting.
  • NAJIT Certification: The National Association of Judiciary Interpreters and Translators (NAJIT) offers a certification program for court interpreters. The certification ensures that the interpreter has the necessary skills and knowledge to provide accurate and effective interpretation in a legal setting.
  • CTTIC Certification: The Canadian Translators, Terminologists and Interpreters Council (CTTIC) offers a certification program for translators and interpreters. The certification ensures that the translator or interpreter has the necessary skills and knowledge to provide accurate and effective translation or interpretation services.

History

A concise historical narrative of NAICS Code 423690-59 covering global milestones and recent developments within the United States.

  • The "Translators' Systems & Equipment (Wholesale)" industry has a relatively short history, dating back to the early 2000s when the first translation software was developed. The industry has since grown rapidly, with the introduction of new technologies such as machine learning and artificial intelligence. In recent years, the industry has seen significant advancements in the development of translation software, which has led to increased efficiency and accuracy in translation services. In the United States, the industry has seen a surge in demand due to the increasing globalization of businesses and the need for accurate and efficient translation services. Notable advancements in the industry include the development of cloud-based translation software, which has made translation services more accessible and affordable for businesses of all sizes.

Future Outlook for Translators' Systems & Equipment (Wholesale)

The anticipated future trajectory of the NAICS 423690-59 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Translators' Systems & Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for translation services in various sectors such as healthcare, legal, and business. The rise of globalization and the need for cross-border communication is also expected to drive the growth of the industry. Additionally, the increasing use of artificial intelligence and machine learning in translation services is expected to create new opportunities for the industry. However, the industry may face challenges such as the availability of free online translation tools and the high cost of specialized translation services. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423690-59

Recent groundbreaking advancements and milestones in the Translators' Systems & Equipment (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Language Translation Software: The development of language translation software has revolutionized the translation industry. The software uses artificial intelligence and machine learning to provide accurate translations in real-time, making it easier for businesses to communicate with clients and customers in different languages.
  • Cloud-Based Translation Services: Cloud-based translation services have made it easier for businesses to access translation services from anywhere in the world. The services are scalable and can be customized to meet the specific needs of businesses.
  • Mobile Translation Apps: Mobile translation apps have made it easier for individuals to communicate in different languages. The apps use speech recognition and machine learning to provide accurate translations in real-time.
  • Video Remote Interpreting: Video remote interpreting (VRI) is a technology that allows interpreters to provide remote interpretation services via video conferencing. VRI has made it easier for businesses to communicate with clients and customers in different languages.
  • Neural Machine Translation: Neural machine translation (NMT) is a type of machine translation that uses artificial neural networks to provide more accurate translations. NMT has improved the accuracy of machine translation and has made it more accessible to businesses and individuals.

NAICS Code 423690-59 - Translators' Systems & Equipment (Wholesale)

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