Before his political career a 3-time period mayor of New York City, Bloomberg was a well known name on Wall Street.Īfter being laid off from the funding bank he had labored at for 20 years, Bloomberg launched his business info platform. Founder Bloomberg established the corporate bearing his title in 1981. The remaining market share is primarily comprised of FactSet, S&P Capital IQ, and Morningstar Direct. The Bloomberg Terminal has a 33.4% market share, whereas Eikon has a 23.1%, according to the latest available knowledge. The Bloomberg Terminal brings together real-time information on each market, breaking information, in-depth research, powerful analytics, communications tools and world-class execution capabilities - in a single absolutely built-in solution.Įikon and Bloomberg Terminal are the 2 most used business information platforms on the earth. The terminal includes each a hardware and software program system and is a Windows-based software, making it compatible with the popular Excel program, a very important aspect of the system for those in the finance industry.