For Bloomberg, New York has always been a tech hub
November 15, 2018
New York City has long been a destination for tech talent, thanks in part to former Mayor Michael Bloomberg. The rise of the city’s tech sector was a centerpiece of Bloomberg’s administration — he fostered initiatives to lessen the New York economy’s dependence on finance and bolstered tech programs and education that have transformed the city’s professional ecosystem.
And his impact extends to the private sector – Bloomberg is the largest tech company in NYC, building the world’s most trusted information network for financial professionals.
For more than 35 years, Bloomberg has been a leader in innovative, ground-breaking thinking and design. From the beginning, Mike Bloomberg and his partners saw an opportunity to upend the finance industry. They built the Bloomberg Terminal: a computer system that allowed everyone the same real-time access to financial information at the same time, no matter their location.
Today, Bloomberg’s unrivaled technology – our software, hardware, and network – continues to help drive the world’s financial markets. Over 5,000 technologists globally define, architect, build, and deploy complete systems to fulfill the needs of leading financial market participants across the world. This includes communications platforms, real-time data, analytics, trading solutions, news and other critical information.
Key decision makers depend on our products and solutions to trade, manage risk, consume information, and navigate time-critical decisions. Hundreds of data scientists, researchers, and software engineers at Bloomberg use natural language processing and machine learning to tackle some of today’s hardest data science problems, especially those related to news analysis, information retrieval and search. Our goal is to help our clients derive intelligence and insight from data, so they can make smarter, more informed decisions about their business and financial strategies.
Bloomberg’s groundbreaking impact also reaches far beyond the finance and technology industries: We invest nearly all of our profits to help address humanitarian issues globally and in our own communities. Through Bloomberg Philanthropies, we are committed to supporting worthy causes where the greatest good can be achieved.
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