Preface When it comes to casting aspersions, technology suppliers face their fair share of scorn from client organizations who have been burned by past transgressions. It’s not uncommon for them to demonstrate contempt for the likes of IBM, Oracle, SAP, Microsoft, Salesforce, and others... but few garner the wrath deservedly bestowed on Bloomberg. Time and again, these organizations seek ways to dethrone the financial software giant, best known for its iconic ‘Terminal’, yet Bloomberg continues to cling to a strategy of tyrannical account control wherever they can, as they continue to ride the mysticism of an iconic social status symbol in ...
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Preface As a follow-up to our previous blog, “Can the White Walker Ghouls at Bloomberg Be Stopped”? We outline NET(net)’s Top 5 reasons why we believe the Bloomberg empire are ‘the walking dead’ and will soon fall. Intro Since 1982, Bloomberg has enjoyed a virtual monopoly on Wall Street, with a stranglehold on the information and technology needed to be a viable securities buyer. That virtual monopoly is coming to an end, but the folks at Bloomberg have not realized it yet. This is why we are reaching out to you folks who spend the massive amounts of money to pay for those Bloomberg devices and services, which are now outrageously ...
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Table of Contents: Introduction Background Market Summary Current Market Conditions Use Case Competitive Market Government Regulation Bloomberg News Fossil AI's Role in Trading Bloomberg in Disruption Loss of Customer Trust Failure to Innovate Instant Bloomberg Arrogance Help Intro – Here’s How You Can Save 30-93% on your Bloomberg Costs The name Bloomberg conjures up images of the Night King himself, but also of the market dominance in the Financial Services industry, of its flagship product, the Bloomberg Terminal. Just whispering the Bloomberg name also sends shivers up the spines of their customers when they think about the exceedingly ...
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