Bloomberg

What is Bloomberg?

Bloomberg LP is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It provides critical information and tools to help businesses and professionals make informed decisions, offering unparalleled insights into financial markets and industries.

How much does Bloomberg software cost?

Based on Vendr’s internal transaction data for Bloomberg, the minimum price varies based on a company's specific needs. The maximum price for Bloomberg software is around $180,000. Our data reveals that the average cost for Bloomberg software is about $35,000 annually.

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Vendr community insights for Bloomberg

Insights from our community regarding Bloomberg are not currently available. Nevertheless, we encourage you to sign up for a free forever Vendr account to explore a wide range of knowledge and pricing insights from similar products in our extensive catalog, as well as request custom contract analysis to ensure you get the best price on Bloomberg.

How can I get a percentage off list price for Bloomberg?

We currently do not have average savings data for Bloomberg. However, by leveraging our expertise from completing over 40,000 deals across 5,000 suppliers and $4B+ in software spend with an average savings of 11%, we will ensure you always pay the best and fairest price. Vendr customers typically get a lower price than what is currently listed on Bloomberg's official website.

How does Vendr help me get the best price on Bloomberg?

Vendr uses insights from more than 15 completed deals and 15 customers supported so far to help users get the best price on Bloomberg software. Here’s how we do it:

• Economies of Scale: By bundling purchases, we secure lower prices.
• Expected Growth: We leverage your company's growth projections to negotiate better terms.
• Multi-Year Commitments: Committing to longer terms can reduce costs.
• Quick Sales Process Signatures: Speeding up the sales process can lead to better deals.
• End-of-Quarter Signatures: Timing purchases at the end of a supplier’s quarter can yield savings.
• Case Study References: Offering to be a case study can result in price reductions.

Vendr can assist you in achieving similar savings. Create a free Vendr account to get started.

What's the best way for me to get the best price for Bloomberg on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand to put enterprise purchasing power into the hands of organizations that staff their own procurement teams. Here’s how:

• Pricing Benchmarks: Compare prices to ensure you’re getting a fair deal.
• Community Insights: Access valuable feedback and experiences from other users.
• Stack Savings Review: Optimize your software stack to eliminate redundancies and reduce costs.
• Contract Analysis: Get expert reviews of your agreements to identify savings opportunities.
• SaaS Experts on Demand: Consult with experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing Bloomberg through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This paves the way for:

• Faster Access to Software: Get the tools you need without delay.
• Elimination of Unnecessary Sales Demos: Save time by skipping redundant presentations.
• Accelerated Time-to-Value: Start benefiting from your software investment sooner.
• Adherence to Company Policy: Ensure all purchases comply with internal guidelines.
• Budget Ownership: Maintain control over your department’s spending.

This translates into department heads maximizing software ROI and maintaining strong relationships with their finance and procurement teams.