Burton-Taylor: Data Spend Grows 4% in 2014; FactSet Overtakes Interactive Data
New report ranks top data vendors' market share by revenue.
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
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