Translation and interpretation activities

NACE code 74.30 covers translation and interpretation activities, which play a crucial role in facilitating global communication and cross-cultural exchange. This industry is essential for businesses, organizations, and individuals operating in an increasingly interconnected world, enabling them to overcome language barriers and effectively engage with diverse audiences. The translation and interpretation sector is a key component of the broader professional, scientific, and technical activities industry, contributing to the smooth flow of information and knowledge across borders.

The core production techniques in the translation and interpretation industry involve the conversion of written or spoken content from one language to another. This process can be carried out by professional translators and interpreters, who utilize their linguistic expertise, cultural knowledge, and specialized software tools to ensure accurate and contextually appropriate translations. Depending on the specific requirements, translation work may involve the use of computer-assisted translation (CAT) tools, machine translation, or a combination of human and automated processes to optimize efficiency and quality.

The main inputs required for translation and interpretation activities include highly skilled linguists proficient in multiple languages, as well as access to reference materials, terminology databases, and specialized software. Additionally, the industry relies on a range of technological resources, such as computer hardware, translation memory systems, and communication platforms, to facilitate the delivery of services. Interpreters may also require specialized equipment, such as audio equipment and interpretation booths, to support their work in live settings.

The primary outputs of the translation and interpretation industry are the translated or interpreted content, which can take various forms, including written documents, subtitles, simultaneous interpretations, and more. The outputs of this industry are consumed by a wide range of other NACE codes, including 58.11 Publishing of books, 58.14 Publishing of journals and periodicals, 62.01 Computer programming activities, 69.10 Legal activities, and 85.42 Tertiary education, among others. These industries rely on the services provided by the translation and interpretation sector to effectively communicate with their target audiences, facilitate international collaboration, and ensure the accurate dissemination of information.