February 23, 2012
Crain's New York Business
Bloomberg LP beats Thomson Reuters
Bloomberg's market share in 2011 pulled
just ahead of its rival, according to an industry report.
“Bloomberg, even in difficult economic times, sticks to its
knitting," said an analyst.
Bloomberg
LP has a market share of 30.44% in 2011, compared to
Thomson Reuters
30.05%.
The market data and analysis industry has a new leader.
Bloomberg LP has finally pulled ahead, with 30.44% market share in
2011 versus longtime rival Thomson Reuters' 30.05%, according to a
report released Wednesday by Burton-Taylor International Consulting.
Bloomberg's move into first place has coincided with troubles at
Thomson Reuters, which replaced its CEO at the end of last year
following disappointing results for the Eikon market-data desktop
product that the company launched in 2010.
Overall spending on market data and analysis reached a new high in
2011, growing 6.1% over the prior year to $24.94 billion, according
to Burton-Taylor. Even so, the year ended on a down note amid
“uncertainty in the Western European economies and late-year
contraction by market data users,”
Douglas B Taylor,
managing partner of Burton-Taylor, said in a statement.
“Much of the revenue growth was the result of price increases,
currency conversions, and non-data related turnover such as
transaction fees,” he said. Manhattan-based Bloomberg has been
gaining on its rival for years. In 2007, the year Thomson Corp. and
Reuters Group agreed to merge, Bloomberg had 26% of the market,
against Thomson Reuters 36%.
Completed in 2008, the merger made the global giant less competitive
for awhile, as management focused on integrating two companies in
what would soon become a tough economic climate. And by the
time Eikon was launched, its customer base was still recovering from
a devastating recession.
“They were trying to rebuild a new company and build a new product
at the same time,” Mr. Taylor said in an interview.
“Bloomberg, even in difficult economic times, sticks to its
knitting.”
A spokesman for Thomson Reuters declined to comment.
by Matthew Flamm
Latest Burton-Taylor News
May 17, 2013
Il Sole 24 Ore
Offuscato Il Modello Bloomberg
Giornalismo, scoop e una rete di dati
funzionano se vangono mantenuti separati
Il sogno di Michael Bloomberg è rosa ed è una celebrità in tutti i
continenti. Un sogno scosso da uno scandalo che proprio per questo
motivo crediamo stia irritando il sindaco di New York assai più del
previsto. Avvicinare il suo nome a pratiche giornalistiche a dir poco
eterodosse rischia di allontanarlo dall'ambito frutto che siede in un
cubo nero e luccicante sulla sponda del Tamigi: il Financial Times.
Full Story
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Latest
Burton-Taylor Research
April 10, 2013
Public Relations Information & Software Global
Share & Segment Sizing 2013
Burton-Taylor delivers a comprehensive, 88 page analysis of public relations information & software supplier share, demand segmentation, vendor demographics and survey results of key user expectations. The analysis is sufficiently detailed as to allow public relations information & software providers or industry analysts to clearly understand competitive positioning currently, historically, globally, regionally and within individual demand segments and to enable public relations information & software users to make better informed, more confident and more appropriate purchase decisions which could result in greater profitability.
This report, as well as all Burton-Taylor free or for purchase research, may be requested through the All Research link below.
