Text Box: EDITORIAL: By Torkel Holt   BCN expect consolidation and innovation to play centre stage next 6-12 month.  BCN are monitoring several buy up flirts between the majors in the market.                    Who is going to “consolidate” and who will be the bride? BCN expects changes to take place in the Nordic regions.   We believe both the Yellow Pages industry and Credit Information industry are likely to be restructured in the years to come. Early signals of changes in the Credit Information industry, is expected in the next 6-12 months. Technology innovation, cross sale offers, and Pan-European consolidation is among the drivers. BCN believes some if the first signals is expected to happen in the Nordic regions. Credit information industry has been a market with conservative customers and with a flavour of commodity offering. This opens up for consolidation and/or innovation. We advice our readers to keep an eye on both areas. ANNUAL GROWTH OF 8-9% NEXT THREE YEARS The Credit and Financial information industry was a whopping 35,5 billion dollar segment. According to Outsell HotTopics 2007, the Credit and Financial Information industry is expected to represent 45 billion dollar in 2009. The annual growth will slip from 9,2% in 2005 to 8,2% in 2009. However, included in the segment is even Reuters and Thomson financial. Reuters enjoy 13 % market share and together with Bloomberg (12% MS) dominate this segment. Next on the list is Standard & Poor with 7.4%. Thompson Financial with 6% MS shows a stabile growth above segment average. For the complete report, www.outsellinc.com Text Box: July 2 Text Box: BCN PROFILE: Robert Tenold Aims to change the industry! His aim is to change the credit information industry After 10 years of experience in the credit information industry, internationally, Robert Tenold in AdviseIT has established himself as a wizard and experienced consultant within the combined industry of business news and credit information: ”One pattern that I noticed from my experience within the credit information industry was that the products are mostly the same and many products are built on the same information sources. For instance, there were no players around providing both news and credit/business information together. In one of my first projects with a start up – we did this combination successfully towards the sales departments, and quickly establish a strong market position, while well established credit information agencies acted quite passive. However, just recently I was hired by a major credit information provider to make a tight integrationof news and credit information – packaged both towards financial departments as well as sales departments – in multiple markets. The feedback was quite fascinating. It was very easy for an end-user to see how powerful this worked seamlessly. It takes seconds to see the values and just weeks to get strong sales results. The thing is not to complicate the products, but rather help the users have an “easy to go product”. As we are now seeing credit information providers seeking similar approach in the early adopter markets, I expect the future will be all about integration, information flow, and how scaleable and automated the system is. CRM will also become a major vehicle in the race for integration and volume, as customers need to store and view everything in one place. The integration of XML technology, web services and common standards plugging will help,” ends Mr Tenold”.

CREDIT INFORMATION TOO SLOW

 

Building boom in Norway leads

to makeshift companies leaving a trail of lawsuits and bankruptcies.

 

 

 

 

 

 

 

 

 

”Regular credit information is just not fast enough and have not yet adapted to the fast financial reality“, 

Sindre Moland DNBNOR.

 

The credit information industry have  to learn from the yellow page industry on bundling information says Mr.Moland to BCN emphasizing the important of both figures and news.

 

 

 

 

 

 

 

 

IMPACT WARNING REAL ESTATE

Expected drop in real estate creates financial worries.

Summer has demonstrated the drop in US real estate influence European financial market, such as demonstrated in Germany.

 

But even European real estate is vulnerable in most markets. 

 

According to Cyberwatcher Business monitoring, the drop in high end is persistent over Europe and dropping fastest in the urban Nordic regions – with up to 15% drop within 12 months.

 

Companies with high financial gearing towards subprime and the residential sector is on watch list. 

 

 

 

 

 

 

 

 

 

 

Responsible Editor BCN :

Torkel Holt. Cyberwatcher– Norway

E-mail:  torkel@cyberwatcher.com

Phone: +47 67 11 82 99

 

Next month: BCN takes on the challenge from free business and credit information.

Distribution edition August 2007
Fairmont Sonoma Mission Inn, Sonoma, California

BCN is a newsletter bringing you facts and prediction from validated sources in partnership with CyberWatcher. 

This BCN publication goes only to a select  group within the industry. BCN have a strict source and confidentiality policy.

Responsible Editor BCN :Torkel Holt. CyberWatcher- Norway E-mail:  torkel@cyberwatcher.com Phone: +47 67 11 82 99