Bloomberg terminal cost per month software#

Thomas Yau/South China Morning Post via Getty Images YouвЂ™ve actually probably seen the Bloomberg terminal in the background of pictures and movies about Wall Street - you might just not have realized it. вЂњIt looks the same, but it actually does more, and it has evolved with the markets and its needs.вЂќД«loomberg LP brought in about $10 billion in revenue in 2018, and Taylor estimates that three-quarters of that is still terminal-based. Taylor, managing director of data research and consulting firm Burton-Taylor International Consulting and who spent years working for BloombergвЂ™s primary competitor, Reuters. But he generally delivered, and he continually improved his product for the last 30 years,вЂќ said Douglas B. вЂњWhen was building the company, he was a little bit like Elon Musk in that he might be bold or boisterous or arrogant in some ways about what he said about he products, he was always telling people it was the best. YouвЂ™re not going to win the Super Bowl if you arenвЂ™t even playing in the right stadium. And because so many of the movers and shakers are already there, if you want to be the next big thing in finance, you want to be there, too. Subscriptions cost between $20,000 and $24,000 annually, and right now, there are more than 325,000 subscribers signed up.Д«asically, itвЂ™s still the place a lot of traders, analysts, and executives prefer to do their work. It still looks like itвЂ™s straight out of the вЂ™80s - itвЂ™s got a black background, lots of neon text, early days computing-style block letters, and a funny-looking keyboard - and it isnвЂ™t the easiest system to navigate, but itвЂ™s established a grip on Wall Street that competitors havenвЂ™t really been able to shake.

Bloomberg terminal cost per month software#

Today, the company does a lot of things - it deals in data, in technology, and in media - but it came to prominence because of the Bloomberg Terminal, a computer software system for the financial industry that basically puts all the relevant information, capabilities, and people in the same place. How he got there: a computer system most people have never heard of, let alone seen.Д«loomberg is the founder of Bloomberg LP, a private, multibillion-dollar firm he launched in 1981.

And not just billionaire rich - heвЂ™s one of the richest people in the world, clocking in at more than $50 billion.