Anyone working in translation for the last 10 years will tell you: translation is big business, a practice at the beating heart of a robust and growing language industry. If you need more proof, just take a look at all the standards—a veritable alphabet soup of detailed process dos and don’ts—that have cropped up since the 90s.
https://www.academia.edu/13352506/Why_Standards_Are_Not_the_Norm_in_the_Language_Industry