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.
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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.
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