Vendors Must Change Business Models
INDUSTRY ISSUES
Market data vendors must change their business models to meet the evolving needs of customers or risk losing business to a new wave of competitors, says Tee Williams, a consultant at R. Shriver Associates, in a white paper published last month.
Prospects for traditional vendors--which often provide integrated products including computers, networks and distribution technologies as well as data--are declining in the current economic climate of cost cutting and a contracting user base. At the same
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