What is Dun & Bradstreet?
Dun & Bradstreet (D&B) is a global data and analytics company that specializes in business intelligence. It provides businesses with in-depth information and analytical tools to enhance profitability, manage risks, and optimize marketing efforts. Known for its unique data universal numbering system (DUNS numbers), which assigns a distinctive nine-digit number to each business entity, D&B facilitates data management across its vast client network.
Key Features of Dun & Bradstreet
- Offers business intelligence and analytics products tailored specifically to various industries.
- Utilizes the proprietary DUNSRight® Quality Process to ensure data accuracy and reliability.
- Provides services across two major segments: information services and internet software & services.
- Extensive global database helps businesses make informed decisions.
Overview of D&B Products
D&B’s products and services are designed to address small business needs, support marketing strategies, and perform credit and risk assessments. The company’s revenues were around $1.7 billion in 2020, showcasing its strong positioning in the market.
| D&B vs Competitors | |
|---|---|
| Data Quality | Superior with DUNSRight® Process |
| Market Reach | Global network |
| Customer Base | Small to large enterprises |
| Software | Proprietary analytics |
Related Terminology
- DUNS Number: A unique nine-digit identifier assigned to each business entity, enabling better data management and risk assessment.
- Business Intelligence: Technologies and strategies used by enterprises for data analysis, aimed at making informed business decisions.
- Analytics Tools: Software applications that analyze data to produce actionable insights for businesses.
- Risk Management: The identification, assessment, and prioritization of risks followed by coordinated efforts to minimize, monitor, and control the impact of those risks.
Humor with Business Intelligence 🏦
“To err is human, but to really foul things up you need a computer.” - Paul R. Ehrlich
Imagine if business intelligence software could predict when we’ll actually follow a budget? Now that would be impressive!
Fun Facts 📊
- Dun & Bradstreet was formed from a merger of two companies in 1933.
- The DUNS number system was introduced in 1963 and has become a global standard for business identification.
Frequently Asked Questions
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What types of businesses use D&B services?
D&B services are utilized by businesses of all sizes, primarily in marketing, sales, credit assessment, and risk management. -
What is the DUNSRight® Process?
The DUNSRight® Quality Process is D&B’s methodology to ensure the accuracy and reliability of its business data. -
How can I obtain a DUNS number?
Businesses can apply for a DUNS number through the D&B website, usually at no cost. -
Are D&B’s analytics tools user-friendly?
Yes, D&B focuses on ensuring that their products are accessible for users of all experience levels, from novices to experts. -
Can D&B help identify potential business partners?
Absolutely! D&B’s extensive database can help identify or vet potential partners through its business intelligence solutions.
Online Resources and Suggested Books 📚
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Online Resources:
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Suggested Reading:
- The Data Warehouse Toolkit by Ralph Kimball: Insights into data management techniques.
- Business Intelligence Guidebook by Rick Sherman: A comprehensive guide to BI strategies.
Test Your Knowledge: Dun & Bradstreet Insight Quiz 🧠
Thank you for exploring the world of Dun & Bradstreet! Remember, in business, as in life, knowledge is wealth – but don’t forget to have a little fun along the way! 🎉
