In three years, one-third of internet users will prefer using a language other than English. Internet users are four times more likely to buy on-line from websites in their native language. Importance of Localization Translation is one thing. Localization is another. For example, you could translate a document into Spanish for the Chilean market and find that someone in Peru would find it hard to understand.
Localization is also the adaptation of a product for a specific locale.
Localization means the introduction of new products to untapped overseas markets, penetration of emerging markets, maintaining customer satisfaction as international clientele insist on product in their own language, and satisfying legal requirements in many countries. Total localization, which includes translation, is essential for survival in the global economy. The fierce competitive pressures and increasing international demand give a business only one chance to launch internationally, and it has to be done right the first time. Who owns and is managing your multilingual assets, the documents, products and web pages that you paid to have translated. If it is not you, then you have a problem.