We all know that at the Battle of Waterloo Napoleon was defeated by the British. The British victory would have a dramatic effect on the financial world. News in the early 1800’s traveled slowly by today’s standards.
Baron Rothschild headed up a large financial empire, and news of a French or British victory would have a profound impact on his business dealings. He employed carrier pigeons to relay news from the battle. He received news of the English victory a full day ahead of the rest of England and was able to make millions based on his exclusive access to data.
Today you need access to trend data fast: before your competitors get it. Social media and the internet are just a few ways to monitor trends in your industry.
What are you doing to speed up your access to vital industry data?
