New York, NY (PRWEB) January 26, 2006
Factiva®, a Dow Jones and Reuters Company, today released details of its 2005 business accomplishments, including new and enhanced solutions, acquisitions, its first patent, noteworthy recognition, and new customer wins across a variety of industries validating that its solutions meet customer needs and positioning the company for success in 2006.
Factiva experienced strong performance in 2005. Operating revenue grew to $281 million, a seven percent increase over 2004, and Factiva has nearly 1.8 million paying subscribers, an increase of 12 percent over 2004. Today, more than 80 percent of the Fortune Global 500 has an account with Factiva.
“2005 marks a high point for Factiva as we continue to execute on our vision of delivering business news and information to customers when and where they need it,” said Clare Hart, president and CEO of Factiva “Our clients know that having premium news and business content embedded in their workflow helps their employees make better decisions faster, which leads to competitive advantage. Our proven ability to attract and retain a blue-chip customer roster combined with prestigious industry recognition year after year is exciting for us and our customers. It also demonstrates that our solutions meet customer needs and that our strategy continues to be validated in the marketplace, which are important to our business as we forge ahead in 2006.”
Innovation, Acquisition and Partnerships Strengthen Factiva’s Leadership Position
Marketplace reception for Factiva’s new and existing solutions was exceptionally strong in 2005. Factiva focused on innovation and delivering role-based solutions that serve up information when and where it is needed.
In January, Factiva Company & Executives™ and Factiva SalesWorks™ were introduced, rich collections of business-critical information about companies, industries and executives in easy to use interfaces designed specifically for knowledge workers and sales professionals respectively. Later in 2005, Factiva Mobile was launched to provide time-pressed, mobile executives with access to business news and company information via mobile device, making it easier for professionals to keep abreast of the rapidly changing business environment.
The company continued its momentum with the business decision to acquire two companies that would help Factiva round out its offerings and forge new markets: 2B Reputation Intelligence Limited and Benchmarking Solutions Limited, a technology and consulting business specializing in media monitoring and reputation management, supporting Factiva’s role-based offerings in the marketing segment and Synapse, a taxonomy company - further expanding the company’s expertise in enterprise content integration.
Factiva broke new ground with the launch of Factiva Insight™: Reputation Intelligence, a powerful new tool that empowers executives to monitor known issues and discover emerging opportunities and threats from across the mainstream media, radio and television transcripts and consumer-generated content, including blogs and message boards, in one solution. The tool uses sophisticated text mining and visualization technologies to deliver decision-ready data via graphical reports.
Additionally, Factiva introduced two Factiva Consulting Services offerings; Factiva Select: Competitive Awareness and Factiva Portal Services: Executives, a customizable set of Web Parts enhanced with world-class Factiva content that enable professionals to view information from applications that they use everyday.
To further validate its approach to innovation, Factiva was issued its very first patent by the United States Patent and Trademark Office for Factiva Intelligent Indexing™, the Factiva Industry, Region and Subject Taxonomy and Factiva Company Taxonomy as applied to all content, in all formats, in all languages, in Factiva’s business news information services.
Factiva Remains Committed to Adding Content and Strategic Alliances
Throughout 2005 Factiva strengthened its global content by adding nearly 1,200 publications, bringing the total content to more than 10,000 sources. Additionally, Factiva remained committed to forming strategic partnerships that would extend its offering to new markets and create new business opportunities. For example, though a partnership with Yahoo!, Factiva’s content is now available via Yahoo! Search Subscriptions, providing a wider audience of web searchers with access to the best of the business deep web.
Other alliances formed include IBM, Microsoft, NewsGator, Quilogy, Saffron Technology, Attensity, ClearForest and more to deliver content to businesspeople when and where they need it. These partnerships integrate Factiva’s more than 10,000 sources of news and business information into the applications that businesspeople use everyday including corporate intranets and knowledge management and CRM systems.
Factiva Enhances its Blue-chip Client Roster and Gains Industry Recognition
During 2005, Factiva welcomed many new customers to its roster in a variety of industries including government, pharmaceutical, financial services, insurance and consumer packaged goods. “We are very pleased that these enterprises have concluded that Factiva is best able to address their business information needs and drive enhanced workforce performance,” stated Hart. “We look forward to a lasting, successful relationship with each company.”
Also this year, Factiva garnered key industry accolades. Factiva was named one of the 2005 KM World 100: Companies That Matter in Knowledge Management; an EContent 100: Fee-based Information Service and received the 2005 Rogen Award for Business Excellence. Factiva Insight: Reputation Intelligence was announced as a Product of the Year Finalist in the Information Management 2005 Awards. Additionally, Clare Hart was named a New York Ten award recipient by the New York Executive Council and Factiva.com ranked 6th in the Campaign’s top most respected international business media.
“We are very proud of our achievements this year and are well positioned for success in 2006 and beyond,” commented Hart. “We thank our clients for their confidence in our solutions and our hard working employees for helping to keep up the great momentum we continue to enjoy.”
Factiva, a Dow Jones and Reuters Company, provides essential business news and information together with the content delivery tools and services that enable professionals to make better decisions faster. Factiva’s unrivalled collection of more than 10,000 authoritative sources includes the exclusive combination of The Wall Street Journal, the Financial Times®, Dow Jones and Reuters newswires and the Associated Press, as well as Reuters Fundamentals, D&B®, and Bureau van Dijk company profiles.
Factiva’s innovative, XML-based and Web services-enabled technology platform provides access to this rich content collection via Factiva’s role-specific products or through customized enterprise, group or personal solutions. Executives, information professionals, marketers, salespeople, and other professionals can easily monitor and understand the latest news, market trends, and business challenges relevant to them – directly from the Microsoft® Office and job-specific applications they use every day. To learn more about Factiva, please visit the Web site at http://www.factiva.com.
Factiva, a Dow Jones and Reuters Company
Public Relations Manager, Americas
Tel: +1 609.627.2312
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