New York, NY (PRWEB) August 24, 2006
Factiva®, a Dow Jones and Reuters Company, announced today that it has achieved the number one market position in the Current Awareness News and Research Online industry. According to media industry forecast and analysis firm Simba, Factiva leads the industry with 2005 operating revenue of $281.6 million. Simba also named Factiva as the leader in subscribers, with 1.86 million.
“This recognition is a company milestone and validates our strategy in the marketplace,” said Claude Green, interim CEO, Factiva. “Factiva has been focused on partnering with customers to understand their unique information needs and has developed new solutions to help them be successful. We are pleased that this effort has paid off for Factiva, our customers and the publishers who fuel our products and services with first-class content.”
Since its founding in 1999, Factiva has recorded consistent growth while introducing a range of new products and services that meet the business information needs of enterprises worldwide. Factiva has continually broken new ground in business search. For example, the launch of Factiva Search 2.0 earlier this year simplified search for end users by presenting search results in charts and graphs, rather than as lists of headlines, the conventional method. Factiva also introduced products for specific job functions, including researchers and marketing, sales and compliance professionals.
Among other achievements:
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.
The company has been recognized twice (in 2006 and 2004) as the Most Innovative Company by the International Business Awards.
Mr. Green added, “Our clients know that having premium news and business content embedded into the applications they use every day helps their employees make better decisions faster, which in turn drives competitive advantage. Our proven ability to attract and retain blue-chip enterprises around the world demonstrates that our solutions meet their needs. We would like to thank our clients for their confidence in our solutions and also our dedicated employees for their hard work and commitment to Factiva’s success.”
To view a summary of the research as published in Electronic Information Report and obtain a copy of the publication, visit http://www.simbanet.com. To learn more about Factiva visit http://www.factiva.com, and to request additional information contact http://www.factiva.com/solutions.
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. It is the number one provider of business news and information to enterprises worldwide. 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 and D&B® 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.
Factiva Global Public Relations
Shannon.sullivan @ factiva.com