Information Content Industry to Grow by 8.5 Percent in 2003

According to new research by Outsell, the information content industry will grow by 8.5 percent in 2003. The Outsell Monitor tracks the financial condition of 60 representative IC companies and includes companies such as Reed Elsevier, Reuters, D&B, Gartner Group, IMS Health, Yahoo, and CBS MarketWatch.

“It’s time for this industry to assert itself,” said Leigh Watson Healy, Outsell’s chief analyst. “The business media and Wall Street tend to focus on Internet-related industries such as information technology, e-commerce, and broadcast media, while ignoring companies that produce the content that people use in their work or educational activities. This industry has aggregate revenues of over $150 billion, and it includes major international companies such as Thomson, Reed Elsevier, Pearson, Reuters, D&B, Gartner Group, IMS Health, and newer players with their roots in Internet delivery such as Yahoo!, Hoover’s, and CBS MarketWatch. While IT companies continue to suffer, the content companies in the Outsell 60 forecast show surprising growth that will outshine many industries over the next five years.” Rejoice.

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