Dun & Bradstreet Corp
) is set to strengthen its position in Canadian market with the
launch of three new solutions.
D&B customers in Canada will be able to leverage D&B
Compliance Check, D&B Direct and Optimizer Online solutions
for providing insightful business data. The solutions will be
beneficial for organizations, as they will help mitigate risks
better and manage compliance issues and adhere to the global
anti-fraud and corruption regulations.
These solutions will also enable organizations to optimize
their sales and marketing campaigns so they yield desired
results. Moreover, the D&B solutions will provide data and
other business information into customers' applications through
These initiatives are expected to boost the company's results
going forward. In the last reported quarter, D&B's revenues
were down 7% year over year.
Going forward, D&B's initiatives in the data-as-a-service
segment, which enables customers to use D&B's data through
their Customer Relationship Management platform, will be a great
positive. Partnerships with
) in this segment are also expected drive growth for D&B.
The products that are expected to be in focus include the
MaxCV data platform and B2B trade portal. MaxCV is expected to
accelerate revenue growth and reduce expenses for customers by
improving data quality and timeliness, increasing the speed of
product innovation and significantly reducing technology
However, we believe that the 2013 outlook reflects a sluggish
macroeconomic environment in its operating markets, especially in
the Asia-Pacific region. Moreover, we believe that
increasing competition from companies including Equifax and
Moody's will also hurt profitability going forward.
Currently, D&B has a Zacks Rank #3 (Hold).
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