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Microsoft Acquires Revolution Analytics

Microsoft is spending an undisclosed sum to acquire statistical computing and predictive analytics firm Revolution Analytics. Revolution provides consulting, training and software for R, described as ‘the world’s most widely used statistics programming language’, and both parties say the buy will help more companies make use of it to unlock big data insights, as well as bolstering the open source ... Read More »

TransUnion Considers IPO

TransUnion Corp. has revived plans for an IPO that could raise up to US$1bn this year, according to Reuters. Advent International and GS Capital Partners, which bought the company three years ago, are preparing to mandate banks on a fresh attempt to go public, multiple market sources confirmed.  The company is expected to confirm shortly which banks it has chosen ... Read More »

LexisNexis Teams Up with Tech Giants to Offer “Hat Trick” of Business Tools to Small Law Firms

“Better Together Bundle” Combines Package of Products – Including Microsoft Office 365 and GoDaddy Hosting – Specifically Designed for the Small Law Attorney LexisNexis® Legal & Professional announced that the LexisNexis Firm Manager® team will offer a new “Better Together Bundle.” The bundle combines three essential business products or services – secure, easy to use online practice management, Microsoft Office 365™ productivity ... Read More »

Alibaba.com Partners with Lending Club to Offer Loans to SMEs in the U.S.

The Alibaba Group’s B2B e-commerce arm, Alibaba.com, announced the formation of a partnership with the Lending Club, a San Francisco-based lending company listed on the New York Stock Exchange, to provide credit loans to small- and medium-sized businesses (SMEs) in the U.S. U.S.-based SMEs can now apply for credit lines from US$5,000 to US$300,000 through Alibaba.com to finance purchases of ... Read More »

Global 5000 Database now at 4,500 Active Record

At the end of December 2014, Global 5000 closed the year with 4,506 active records in the database. The total revenue now represented by The Global 5000 companies exceeds $53 trillion – an amazing concentration of size and buying power in one marketing database. During the year, the company added 209 companies and removed 81 others as companies merged, were ... Read More »

Bisnode Divests Credita, Switzerland

The business information company Bisnode is selling its Swiss noncore operation Credita, specialized in debt collection. The sale of Credita is part of Bisnode’s effort to streamline its business as a supplier of decision support tools based on credit, market and business information.  Credita has its office in Urdorf with 16 employees, have annual revenue of SEK 26 million with ... Read More »

Dun & Bradstreet Q4 Revenue Up 4% – Full Year 2014 Up 2%

D&B reported 2014 full year revenue of US$1,681.7 million up 2% from prior year.  Fourth quarter revenue was US$ 489.8 up 4% before and 3% after the effects of foreign exchange.  North American core and total revenue was $379.9 million, up 4% year over year both before and after the effect of foreign exchange. Asia Pacific core and total revenue ... Read More »

TransUnion Kenia Launches Credit Score

TransUnion Kenia announced the launch of a credit score for the Kenyan market that will help lenders determine the credit risk of borrowers.  TransUnion Africa CEO Wachira Ndege told journalists in Nairobi that the tool will offer financial institutions and other credit lending facilities valuable insight into the credit health of their customers. “The credit score will enable lenders to ... Read More »

AXIO Data Group Completes Acquisition of FlightView

AXIO Data Group (AXIO) has announced that OAG, AXIO’s aviation division, has completed the acquisition of FlightView, Inc., the leading Boston-based provider of real-time flight information solutions for the aviation and travel industries. FlightView‘s products help aviation and travel professionals achieve superior customer service, operational efficiencies, and has attracted strong brand loyalty with easy to use real-time information. FlightView brings ... Read More »

Information Literacy:  The Emergence of the Chief Data Officer

A new breed of data specialists are empowering big business. CDOs to bridge the gaps between data, people and technology Experian published the findings of its “Dawn of the Chief Data Officer (CDO)” survey, confirming that an increasing number of organisations are waking up to the strategic value of data.  The study, which interviewed over 250 Chief Information Officers (CIOs) ... Read More »

People’s Bank of China Credit Information Center and South Korean NICE Information Services in Co-operation

The People’s Bank of China Credit Information Center announced that it has entered into a cooperation with the Korean National Information and Credit Evaluation Corporation (NICE) headquartered in Yeouido, Seoul. Both companies agreed to cooperate in the development of South Korea’s financial infrastructure and related information exchanges and joint research credit assessment methods. NICE is South Korea’s largest credit bureau, ... Read More »

Reed Exhibitions Reveals Acquisition of new Joint Venture

Further to an announcement made in November 2014, Reed Exhibitions Greater China has revealed its partnership agreement with Shanghai Kuozhan Exhibitions, the organiser of C-TOUCH, resulted in the formation of a new joint venture (JV) – Reed Exhibitions Kuozhan. Reed Exhibitions did not previously acknowledge this, but it appears that the partnership is in fact an acquisition. Financial details of ... Read More »

Australian Risk Climate:  Sales and Profits Expected to Ease after Christmas Boost

After reporting a strong end to the year the business sector has trimmed its short-term outlook for sales and profits, while indicating plans to increase employment. According to Dun & Bradstreet’s Business Expectations Survey, the sales expectations index for Q2 2015 has eased to 33.6 points, down from the previous quarter’s 10-year high of 38.7 points and flat compared to ... Read More »

Verisk Unit ISO Launches New Initiative Targeting Reinsurance and ILS

ISO, a division of Verisk Analytics, has launched a new initiative that will see it targeting the reinsurance and ILS space as it seeks to develop data and analytics tools which make operating, capital and capacity management more efficient. One of the focuses will be on helping insurance-linked securities (ILS) specialists and reinsurers to put their capital to work, a ... Read More »