d b business profile overview

Dun & Bradstreet (D&B): What It Does, Funding, History, and Rating

Dun & Bradstreet (D&B) excels in business intelligence, offering diverse products and services empowering companies with competitive analysis and market trend insights. With a solid financial base of $1.7 billion in 2020 and a legacy tracing back to 1841, D&B thrives through constant evolution, mergers, and acquisitions. The Data Universal Numbering System (DUNS) introduced in 1963, revolutionized business identification, demonstrating D&B's commitment to streamlined data management. D&B's credit assessment tools, utilizing payment histories and financial statements, play an essential role in determining creditworthiness, guiding companies and investors. This glimpse showcases D&B's multifaceted prowess in shaping business landscapes.

Key Takeaways

  • D&B provides business intelligence products for competitive analysis and market trends.
  • D&B's funding sources include subscription services and data analytics products.
  • Founded in 1841, D&B evolved through mergers, acquisitions, and innovation.
  • The Data Universal Numbering System (DUNS) revolutionized business identification in 1963.
  • D&B offers credit rating tools for assessing businesses' creditworthiness and financial status.

Business Intelligence Products and Services

The range of business intelligence products and services offered by Dun & Bradstreet (D&B) encompasses a wide array designed to enhance business operations, drive profitability, and mitigate risks effectively. D&B's products are tailored to adapt to evolving market trends and provide in-depth competitive analysis for businesses.

These offerings enable companies to stay ahead by understanding market dynamics and outperforming competitors. Through advanced analytics and data-driven insights, D&B equips organizations with the necessary tools to make informed strategic decisions.

Funding and Financial Overview

Dun & Bradstreet's extensive business intelligence products and services set the stage for a thorough exploration of its funding and financial overview. The company's funding primarily comes from a mix of revenue streams, including subscription services, business intelligence reports, and data analytics products.

D&B's 2020 revenues stood at approximately $1.7 billion, reflecting its robust market presence and financial stability. Market trends indicate a growing demand for D&B's proprietary data and analytics offerings, particularly in segments like information services and internet software.

Evolution and Growth Timeline

With a rich history spanning over a century, Dun & Bradstreet's evolution and growth timeline showcase a strategic trajectory marked by mergers, acquisitions, and continuous innovation in the field of business intelligence solutions. Founded in 1841 as Mercantile Agency, the company merged with Bradstreet Co. in 1933, setting a foundation for its expansion.

Over the years, Dun & Bradstreet underwent various mergers, acquisitions, and divestitures, with notable recent additions including Bisnode, Eyeota, and NetWise. These strategic moves have enabled D&B to enhance its offerings and global reach.

With a focus on growth strategies, the company has consistently evolved to meet the changing needs of the market, solidifying its position as a leader in business intelligence solutions.

Data Universal Numbering System (DUNS)

Introduced in 1963, the Data Universal Numbering System (DUNS) revolutionized business identification with its unique seven-digit code system.

The DUNS system, comprising nine digits for each business location, offers a vital method for identifying and categorizing businesses. Each digit within the DUNS number serves a specific purpose in business identification, aiding in data management and classification.

These numbers are assigned randomly within the Dun & Bradstreet (D&B) database, facilitating easier data exchange and organization.

The DUNS system plays an essential role in streamlining data management processes for businesses, ensuring efficient identification and classification within the business world's vast landscape.

Credit Rating and Financial Assessment

The evaluation of credit ratings and financial assessments is a fundamental component in determining the financial health and creditworthiness of businesses, playing a critical role in decision-making processes for both companies and investors.

D&B's credit rating tool incorporates Common Credit Appraisal and Rating Classification, analyzing companies based on payment histories and financial statements. This evaluation aids in determining businesses' net worth, facilitating the assessment of creditworthiness.

Conclusion

To sum up, Dun & Bradstreet's unmatched suite of business intelligence solutions has solidified its position as a leader in the industry. Through a rich history, significant funding, and innovative credit rating system, D&B continues to empower businesses worldwide with valuable insights and data-driven strategies.

Like a beacon in the vast sea of business operations, D&B shines brightly, guiding companies towards success and profitability.

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