If your file is 10 mins in duration, the transcript will typically be ready in less than 2 minutes. (That is, about 20% of the file length!)
If there are multiple files in a project, files will transcribe concurrently so the transcripts will be ready in 20% of the duration of the longest file.
Translation happens even faster (more like seconds).
Related Help Articles:
Are there file size or length limits when uploading to the website?
How to Translate Your Project
How to use the transcript editor
How does Simon Says work?
How much does it cost?
Simon Says Walk-Through (video)
What export options do you support?
What is the accuracy of your system?
What methods can I import files to your website?
Which formats/codecs do you support?
Visual Subtitle Editor