Review on Bloomberg by Inioluwa Okedeji
Bloomberg: A Popular Financial Outlet With Accurate Data And Informations That Affect Decision Making In Companies.
Looking into the Bloomberg project, the first thing I discovered was that the main function of the company is gathering of data. This data is collected to know more about a target audience, and that's the primary purpose of data gathering.
Bloomberg collects data for reputable organizations and companies and this data is meant to aid their decision making concerning projects to embark on and also give them an edge over competitors.
In other to ensure that they remain best in what they do, Bloomberg uses advanced innovative technologies to accurately gather data and connect companies to the large reservoir of information and ideas they've collected which in turn will benefit such companies and impact their developments positively.
I visited the Bloomberg platform and found out all sorts information from across the globe, in different sectors such as the health, politics, technologies, the global market, wealth creation and lots more concerning the situations in different countries of the world. It is practically a global go-to place for information, ans this I believe is what we know as a media outlet, but Bloomberg is on a different scale entirely in this aspect.
Bloomberg has offices and branches across the world which enable them to keep gathering data via close surveillance and this in turn provides them with the precise data each company needs at a particular time.
In addition, the information and data that is collected is majorly one that affects and impacts the financial aspect of companies. Examples are information on forex market, major stock exchange markets in different countries and cryptocurrency markets.
In conclusion, although I haven't heard of Bloomberg before probably due to the fact that I'm not a member of the public that requires and makes use of their services in anyway, but this review revealed to me that Bloomberg is a world renown platform in terms of accurate data and information gathering. Finally, information is key and some might also say that information is power, so the fact that Bloomberg deals with information and data, makes it a very important part of our lives.
Pros
- Bloomberg gathers and collects data accurately with their advanced data collection technology.
- Bloomberg also collects necessary information vital in companies decision making and one that can give them an edge over competitors.
- The information and data collected cuts across major financial markets in the world.
- Investors can benefit from the informations gathered by Bloomberg.
Cons
- I can't point out any demrit that Bloomberg has.
