Total Economic Impact Study of TransPerfect GlobalLink

This document is a Total Economic Impact™ study commissioned by TransPerfect and conducted by Forrester Consulting, focusing on the GlobalLink platform for life sciences. The study aims to evaluate the financial impact and return on investment (ROI) that organizations may experience by implementing GlobalLink. It outlines the benefits, costs, and risks associated with the investment. Key findings include a projected ROI of 366% and a net present value (NPV) of $2.55 million over three years. The study highlights significant cost savings in translation, amounting to $1.2 million, and time savings for submitters, reviewers, and coordinators valued at $2.1 million. The document also discusses the improvements in translation quality, consistency, and regulatory compliance achieved through the use of GlobalLink. Additionally, it provides a framework for organizations to assess the potential financial impact of adopting the platform, emphasizing the importance of centralized controls and modern tools in the translation lifecycle.