Search Engine Measurement Service, comScore, Awarded Fastest Growing Honors
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Reston, Virginia - (Cheap Web Hosting Directory) - September 30, 2008 - Digital search engine media measurement service, comScore, Inc., has recently been recognized in the 12th annual ‘Inside Research’ report on growth rates of the world’s largest market research firms, as the fastest growing global market research firm.
Magid Abraham, President and CEO of comScore remarked, ”The recognition of comScore by ‘Inside Research’ as the fastest-growing global research firm over the past five years is a reflection of the millions of hours of hard work that comScorians have put into building the company into what it is today. It is also a testament to the value of the market intelligence that comScore provides to over 1,100 companies who are navigating and deriving benefit from the rapidly evolving digital landscape every day. comScore’s commitment to cutting-edge innovation remains a cornerstone of our business strategy as we look to continue our exceptional growth.”
With $87 million in revenues in 2007, comScore posted a five-year revenue growth rate of 463 percent, triple that of the second fastest-growing company on the list.
The next fastest-growing competitors, Market Probe Inc. and Direction Research Inc., posted growth rates of 154 percent and 116 percent, respectively. The average growth rate for all firms listed was 57 percent during the five year span, or approximately 9 percent on an annualized basis. comScore compound annual growth rate for the period was 41 percent per year.
comScore Networks measures the digital age with a global cross-section of more than 2 million consumers that allo comScore to confidentially capture browsing and transaction behavior, including online and offline purchasing. comScore panelists also participate in survey research that captures and integrates attitudes and intentions. Through its proprietary technology, comScore measures across a broad spectrum of behavior and attitudes. comScore consultants apply the knowledge of customers and competitors to help clients design powerful marketing strategies and tactics that endeavor to deliver superior ROI. comScore services are used by global firms such as AOL, Microsoft, Yahoo!, Verizon, Best Buy, The Newspaper Association of America, Tribune Interactive, ESPN, Fox Sports, Nestle, MBNA, Universal McCann, the United States Postal Service, Merck and Expedia.
For more information about comScore Networks, please visit: www.comscore.com.
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