In the era of digital transformation and technological advances, embracing business intelligence and analytics is key for businesses to make informed, data-centric decisions in order to grow in a competitive market.
As a leading global provider of business decisioning data and analytics, Dun & Bradstreet (D&B) helps companies improve performance through business information and insights. “By combining global data with local expertise, D&B’s Data Cloud delivers comprehensive solutions that empower businesses to increase revenue, reduce cost and mitigate risk,” said Andrew Wu, General Manager, Dun & Bradstreet China. “That’s why 90% of the Fortune 500 companies and businesses, big and small, around the world rely on our products to help protect and grow their business.”
Established in Hong Kong in 1981, D&B has since expanded its operations to Shanghai, Beijing, Shenzhen, Changsha and Haikou in the Mainland. In 2004, the company was appointed by the Hong Kong Association of Banks and the Hong Kong Association of Restricted License Banks and Deposit Taking Companies to operate the Commercial Credit Reference Agency (CCRA) in Hong Kong. Backed by this solid experience, it was later chosen as the first licensed foreign-invested commercial credit reference agency to operate in the Mainland in 2017.
Eyeing the Greater Bay Area (GBA) with its vast market opportunities, D&B will continue to deepen its presence in the region. “As a credit reference agency with significant operations in Hong Kong and the Mainland, we are well positioned to provide cross-boundary solutions that empower businesses operating in the GBA to effectively access the credit and financing they need,” said Wu.
An extensive database and analytics capabilities has become a key differentiator for D&B operating in today’s dynamic business landscape. Covering more than 550 million enterprises from over 200 countries and regions, it provides clients with unparalleled depth and breadth of commercial information and insights that translates into informed decision-making.
D&B also constantly refines its products and services to meet the evolving needs of businesses for tailored solutions in areas such as finance, third party risk and compliance, master data, marketing and sales, as well as ESG.
Most importantly, the company values investment in research and development in order to stay at the forefront of industry trends. “By leveraging cutting-edge technologies such as artificial intelligence, machine learning and advanced analytics, we offer innovative tools that drive business growth and success,” Wu explained.
D&B joined HKGCC as it realizes the importance of collaboration within the business community. “The Chamber continues to play a critical role in fostering a thriving business ecosystem in Hong Kong,” he said. “As a member, we can actively participate in the ecosystem to assist Hong Kong businesses in making smarter decisions, thus mitigating risks and seizing opportunities for growth to the benefit of Hong Kong as a whole.”
Not many people know that D&B’s history dates to 1841. In fact, four presidents of the United States – Abraham Lincoln, Ulysses S. Grant, Grover Cleveland, and William B. McKinley – worked as a D&B credit correspondent early in their respective careers. The company has also had a brush with Hollywood: actress Marilyn Monroe posed with a D&B Reference Book for a poster promoting the 1953 film How to Marry a Millionaire.
Dun & Bradstreet (HK) Limited
HKGCC Membership No. : HKD0076
Established : 1981
Website : www.dnb.com.hk