Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters

Following the acquisition of the Financial News and Data company Reuters by Thomson Financials, the industry structure was transformed into a duopoly with Bloomberg and the new Thomson Reuters in head to head competition. During the last three years of economic turmoil, the financial industry has go...

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Main Author: Jupp, Stephen A
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2011
Online Access:https://eprints.nottingham.ac.uk/24632/
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author Jupp, Stephen A
author_facet Jupp, Stephen A
author_sort Jupp, Stephen A
building Nottingham Research Data Repository
collection Online Access
description Following the acquisition of the Financial News and Data company Reuters by Thomson Financials, the industry structure was transformed into a duopoly with Bloomberg and the new Thomson Reuters in head to head competition. During the last three years of economic turmoil, the financial industry has gone through a series of major shake ups and imposed regulations. The rationalization of market data subscriptions and consolidation within the industry has caused Financial Institutes to look long and hard at which suppliers of financial information and market data they valued the most. Reuters has traditionally not fared well in the face of product comparisons with Bloomberg. Additionally numerous trends and developments in the technology environment has seen a proliferation in internet ready mobile devices such as iPAD’s, Blackberry’s and iPhones enabling more flexible and independent means of working. Social trends on social networking, collaboration and community participation has also been brought to the forefront of attention. Video has also become a medium of targeted information delivery in its own right. A self declared transformation of Thomson Reuters into an Integrated Platform Technology company is intended to leverage the range of trends and opinions by focusing on building platforms based on a common platform model for web-based delivery across a simplified infrastructure and using a new range of modular configurable and interactive, multimedia focused applications and tools that will encourage community based collaboration, interactivity and innovation within the industry. Traditional positions of buyers, suppliers and competitors will change as each compete and collaborate in unison to produce collective value on a scale that could not be achieved in isolation.
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spelling nottingham-246322018-01-24T03:33:52Z https://eprints.nottingham.ac.uk/24632/ Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters Jupp, Stephen A Following the acquisition of the Financial News and Data company Reuters by Thomson Financials, the industry structure was transformed into a duopoly with Bloomberg and the new Thomson Reuters in head to head competition. During the last three years of economic turmoil, the financial industry has gone through a series of major shake ups and imposed regulations. The rationalization of market data subscriptions and consolidation within the industry has caused Financial Institutes to look long and hard at which suppliers of financial information and market data they valued the most. Reuters has traditionally not fared well in the face of product comparisons with Bloomberg. Additionally numerous trends and developments in the technology environment has seen a proliferation in internet ready mobile devices such as iPAD’s, Blackberry’s and iPhones enabling more flexible and independent means of working. Social trends on social networking, collaboration and community participation has also been brought to the forefront of attention. Video has also become a medium of targeted information delivery in its own right. A self declared transformation of Thomson Reuters into an Integrated Platform Technology company is intended to leverage the range of trends and opinions by focusing on building platforms based on a common platform model for web-based delivery across a simplified infrastructure and using a new range of modular configurable and interactive, multimedia focused applications and tools that will encourage community based collaboration, interactivity and innovation within the industry. Traditional positions of buyers, suppliers and competitors will change as each compete and collaborate in unison to produce collective value on a scale that could not be achieved in isolation. 2011-02-25 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24632/1/11MBALIXSJ7.pdf Jupp, Stephen A (2011) Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Jupp, Stephen A
Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters
title Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters
title_full Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters
title_fullStr Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters
title_full_unstemmed Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters
title_short Competitive Evaluation of Implmenting a Technology Platform Strategy: Thomson Reuters
title_sort competitive evaluation of implmenting a technology platform strategy: thomson reuters
url https://eprints.nottingham.ac.uk/24632/