Burton-Taylor: Data Spend Grows 4% in 2014; FactSet Overtakes Interactive Data

New report ranks top data vendors' market share by revenue.

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The increase is an improvement on last year’s growth of 1.1 percent, and may be higher in real terms: the growth was likely suppressed by at least one percent as a result of the strong US dollar, says Douglas B. Taylor, managing partner at Burton-Taylor.

US-based companies like Thomson Reuters report their revenues and earnings in US dollars, “so if they have a client in Russia paying in rubles, then because the dollar is so strong, their revenue from that company goes down,” Taylor says, adding