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COUNTRY/ COUNTRIES IN WHICH IT IS OPERATING: Germany, Austria, Switzerland
FACTS ABOUT SIZE AND SCOPE
1) Past (2012): 18 full-time employees / annual turnover of almost EUR 600,000 / 7,000 hours of interpreters' work
through VerbaVoice, operation in Germany only
2) Present (2014/15): 61 hearing and hearing impaired employees in 2015, annual turnover EUR 1.8 million (57 per
cent in the core business unit of education) and almost 20,000 interpreting hours in 2014, countries of operation:
Germany, Austria, Switzerland, currently expanding to Italy, UK, Spain
3) Future potential (2015/16): approx. 70 employees in 2016, approx. 50,000 interpreting hours in 2016, annual
turnover of approx. EUR 3 million (1.8 million education sector) expected for 2015 and EUR 4.3 Million for 2016,
countries of operation: Extension to further European countries through subsidiaries and / or licensing partners
OUTLOOK
The cloud-based system can easily be transferred to other countries or contexts: It is software- and language-
independent and easy to handle for the end user. It works for any language combination. The costs comprise the local
cost rates for interpreters / STTR (about EUR 75 / hour for Germany) and a moderate platform fee. Also, a licensing
model could be an option if the system is to be introduced to a new market on a larger scale. As the UN convention has
been ratified by a large number of states worldwide there is a growing demand and obligation to provide visual
communication support and equal educational and professional perspectives for the hearing impaired. Remote
interpreting thus provides a cost effective method to be used on a large scale.
L INKS TO ADDITIONAL INFORMATION: (WEBSITE , SUPPORTING MATERIAL LIKE YOUTUBE VIDEOS, PUBLICATIONS
ETC.)