Bloomberg Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Bloomberg Strengths, Domain Expertise, and Key Differentiators

Bloomberg is a prominent provider of financial technology and data services, widely recognized for its Bloomberg Terminal and Data Services, which offer critical financial data, economic indicators, historical insights, and real-time news to institutions such as banks, hedge funds, and corporations. It supports financial professionals in performing in-depth analysis and making informed decisions. The company is also advancing in artificial intelligence, exemplified by BloombergGPT, and leads in quantitative analysis through the Bloomberg Quant Platform (BQuant), which enables users to build and test trading strategies and analyze large datasets. Additionally, Bloomberg Cloud Solutions provide clients with cloud-based access to data and analytical tools, enhancing flexibility and scalability.

Bloomberg Recent Developments

Bloomberg has introduced several innovations across its trading, risk management, legal, and tax platforms to enhance efficiency and support regulatory compliance. It launched an automated trading workflow for EUR Interest Rate Swap versus bond future contracts on Eurex, aimed at improving straight-through processing and reducing operational risk. In the UAE, Commercial Bank International adopted Bloomberg’s Multi-Asset Risk System (MARS) to strengthen its counterparty, market, and valuation risk capabilities, enhancing compliance and operational efficiency. Bloomberg Law released AI-powered tools to support legal professionals with contract drafting, clause analysis, and document management. In the tax domain, Bloomberg Tax Workpapers was recognized for automating tax workpaper processes through AI-driven data integration and formula application.

Bloomberg Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Bloomberg applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Bloomberg and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Bloomberg Terminal, Bloomberg Tax Leased Assets, Bloomberg Trade Order Management Solutions (TOMS), Multi-Asset Risk System (MARS) customers.

Bloomberg Key Enterprise and Cloud Applications

Bloomberg Terminal, Bloomberg Tax Leased Assets, Bloomberg Trade Order Management Solutions (TOMS), Multi-Asset Risk System (MARS)

Bloomberg Revenues, $M:

Bloomberg Revenue Breakdown By Type, $M:

Bloomberg Enterprise Applications Revenues By Functional Markets, $M:

Bloomberg Enterprise Applications Revenues By Verticals, $M:

Bloomberg Revenues By Region, $M

Bloomberg Direct vs Indirect sales

Bloomberg Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Bloomberg Customers

No. of Bloomberg Customers: 400000

No. of Bloomberg Enterprise Applications Customers: 400000

No. of Bloomberg Cloud Customers: x

No. of Bloomberg Cloud Subscribers: x

Bloomberg has a diverse customer base across various industries, including financial services, law, corporate sector, government, and media. With over 325,000 subscribers to the Bloomberg Terminal, the company has a global presence in more than 100 countries, with offices in major financial hubs. Bloomberg's clients range in size from small businesses to large multinational corporations and government agencies, with a particular focus on financial institutions and large companies requiring advanced data analysis and insights.

Bloomberg Market Opportunities, M&A and Geo Expansions

For Bloomberg in 2024/2025, there are significant opportunities in artificial intelligence, cloud solutions, and quantitative analysis. By investing in BloombergGPT and developing cloud services, the company can enhance its analytics tools and offer more flexible solutions for global financial and corporate clients. Expanded global presence and a focus on sustainable finance and ESG criteria can strengthen Bloomberg's position in emerging regions, while new technologies like blockchain and cryptocurrencies offer opportunities to broaden its offerings. The company also has the potential to provide advanced risk management and compliance solutions, which will be key to maintaining its competitiveness.

Bloomberg Risks and Challenges

For Bloomberg, several risks could impact the company. Regulatory challenges, along with increased competition from other financial data providers, may affect its market share. Cybersecurity threats, economic downturns, and rapid technological changes also present risks, while political instability and sanctions could impact its global operations. The company’s reliance on the Bloomberg Terminal means reduced demand could affect its stability, and competition for talent in key areas like AI and cybersecurity could lead to increased costs or talent shortages.

Bloomberg Ecosystem, Partners, Resellers and SI

Bloomberg and Saudi Research and Marketing Group (SRMG), the largest publishing group in the Middle East, have collaboratively introduced Bloomberg Asharq, a comprehensive Arabic-language business and financial news service. The platform, formerly known as Bloomberg Al Arabiya, is headquartered in the U.A.E., with a primary operational center in the Dubai International Financial Centre (DIFC). The rebranded service, Bloomberg Asharq, integrates Arabic characters with Bloomberg's globally recognized brand, reflecting a strategic alignment between the two entities.

In Dubai, The Exchange in DIFC's Gate Village 11 will serve as the primary hub for Bloomberg Asharq. The platform will also have a strong presence in Abu Dhabi, Riyadh, and Cairo, with dedicated studios. Managed by SRMG, a leading publisher with over 12 publications, including Asharq Al-Awsat and Arab News, Bloomberg Asharq will leverage Bloomberg's global financial content, market data, and news coverage from its extensive team of 2,700 journalists and analysts.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: