Business and Finance

Third Party Data Spend Benchmarking 

10 days ago

Hi all,

I hope you're all having a great summer.

In an effort to better quantify the spending that business libraries put toward third party databases (ex. Moody's, D&B, etc), I have created a survey via SurveyMonkey that asks about the size of your organization and how much you spend on several specific databases. The survey is only 6 questions long and you can fill out as much (or as little) as you'd like. By having a benchmark for what other organizations spend on these types of databases, we can all have more informed discussions with vendors and better understand what and how other organizations are using these types of databases.

I would love any feedback you all are willing to provide. Once I have a good number of replies, I'd be happy to share the information I learned from the survey; there is a question in the survey if you would like to hear any results I receive.

I appreciate your feedback and willingness to share this information.

Laura Thigpen (she/her/hers)
Vice President
Senior Research Analyst / Truist

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