Lengoo is once again one of the fastest growing technology companies
The language tech company Lengoo wins the Technology Fast 50 Award and is thus represented in the renowned ranking of consulting firm Deloitte for the third year in a row.
Berlin, 02.12.2020
Lengoo is among the winners of the Technology Fast 50 Award 2020, the national ranking of the fastest growing companies in the technology sector in Germany. Every year, the consulting firm Deloitte honours the 50 fastest growing companies in the German tech sector with this award. The rankings are based on the percentage growth in turnover over the last four financial years (2016-2019). The success is owed to the development of Lengoo’s flagship translation technology: an interactive modelling loop that combines input from individualised neural network-based machine translation and linguists.
Accelerated digitisation during the corona pandemic
The already strong demand for machine translation in industry has risen sharply again in the wake of the corona pandemic reports Christopher Kränzler, CEO and co-founder of Lengoo.
“The corona crisis has forced companies to digitise virtually overnight. Many have realised that this is easier than long assumed and that digitisation offers a whole range of other advantages. As a result, more companies than ever are now looking for digital solutions. We are clearly sensing this effect. The already strong demand for our translation technology has once again experienced incredible growth” says Christopher Kränzler.
About Lengoo
Lengoo is an AI-first language tech company and has developed a highly specialised technology for machine translation. Thanks to the high degree of automation in project management and the translation process itself, Lengoo’s technology can significantly reduce the time and costs of professional translations. More than 3.000 customers such as Sunrise Communications, Sixt and HelloFresh already rely on the technology. For more information see https://www.lengoo.com/.
Press and interview requests at Lengoo
Alexander Gigga
CMO
About Deloitte
Deloitte provides auditing, risk advisory, tax advisory, financial advisory and consulting services to companies and institutions from all sectors of the economy; legal advice in Germany is provided by Deloitte Legal. With a global network of member firms in more than 150 countries, Deloitte combines outstanding expertise with first-class services and supports clients in solving their complex business challenges. Making an impact that matters - for the approximately 312,000 employees of Deloitte, this is both a shared mission statement and an individual aspiration. Deloitte refers to Deloitte Touche Tohmatsu Limited ("DTTL"), a private company limited by guarantee, its network of member firms and its affiliated companies. DTTL and each of its member companies are legally autonomous and independent. DTTL (also known as "Deloitte Global") does not itself provide services to clients. A more detailed description of DTTL and its member firms can be found at http://www.deloitte.com/de/UeberUns.
