Bloomberg Government is a division of Bloomberg Industry Group that provides data-driven decision tools, news, and analytics in a digital workspace for professionals who influence government action.
History
Bloomberg Government launched in 2011 as a comprehensive solution to eliminate multiple government information resources. According to The New York Times, the service was developed to provide news and information about politics, along with the less "glamorous" aspects of government reporting, including legislative and regulatory coverage. The first stages of what is now Bloomberg Government began in 2009, when a team led by Chris Walters and Don Baptiste spent most of the year researching to find a solution to match market needs, and after two years of market sizing, the product was launched. Bloomberg Government is now used by Congressional offices, trade associations, federal contractors, lobbyists, and corporate government-affairs professionals. On April 6, 2017, Bloomberg L.P. announced that Bloomberg Government will become part of Bloomberg BNA.
Staff
Bloomberg implemented an aggressive recruiting strategy to staff Bloomberg Government in Washington, DC, which included hiring industry analysts, political staff, product developers, and a business development team. The business is currently organized in two primary segments focused on serving government-affairs professionals and federal contractors, respectively. Arielle Elliott serves as the head of Bloomberg Government.
Product
Bloomberg Government is a digital tool focused on three types of users: government-affairs professionals, congressional staff, and federal contractors.
Government affairs and Congressional staff
Bloomberg Government provides clients in Congress, corporate government affairs, trade associations, and lobbying detailed analytics that enhance decision-making. The company’s government-affairs service includes lobbying performance analytics, access to more than 35,000 aggregated news sources, in-depth legislative tracking, regulation monitoring, directories of federal agencies, professionals and congressional staff, tools to track federal spending, and access to exclusive events.
Federal Contractors
Bloomberg Government’s federal procurement service is designed for contracting professionals focused on strategy and competitive intelligence, as well as business development and sales executives. The company’s service allows teams to hone business strategy, build pipelines, perform strategic research, size markets, and identify partners throughout the industry.
Mobile App
In 2015, Bloomberg Government released an application for iPhone users featuring the product's news alerts, calendars, and congressional directories for government affairs professionals. The app is free to use for Bloomberg Government subscribers.
Awards
In its inaugural year, Bloomberg Government received a Knight-Batten Award for Innovation in Journalism for combining interactive data, analytics, and reporting that quantifies the business impacts of government action.