Dubai, UAE- February 2020: Representatives from 387, or 77.4%, of companies listed on the 2019 Fortune Global 500 Index are now using the global research and advisory firm Oxford Business Group (OBG) as a source of reference for their operations, up from 354, or 70.8%, in 2018.
In a first for the firm, its licence-holders include business leaders from all top 10 companies appearing on the index, namely: Walmart; Sinopec; Shell; China National Petroleum; State Grid; BP; Saudi Aramco; Exxon; Volkswagen; and Toyota.
Oliver Cornock, Editor-in-Chief, said the results showed that decision-makers around the world recognised both the high standard of OBG’s business intelligence and the firm’s ability to identify markets with high-growth potential.
“Over the years Oxford Business Group has carved a niche as a leading provider of accurate and comprehensive analysis of the frontier and emerging markets that are reshaping the economic landscape,” he said. “I’m delighted that business leaders at more than two-thirds of the world’s powerhouses now view us as a go-to resource when making their investment decisions.”
Marc-André de Blois, OBG’s Director of PR and Video Content, also welcomed the positive trend, saying the Group prides itself on having some of the industry’s most experienced analysts conducting and compiling research on the ground in more than 30 countries worldwide.
“Many firms keen to enter emerging markets cite shortfalls in reliable business intelligence as one of the biggest challenges they face,” he said. “I’m delighted that in 2019 – our 25th year of operations – more high-level executives than ever before recognised that we were filling that void effectively.”
The Fortune Global 500 Index is an annually-produced list of the world’s 500 largest corporations, ranked by revenue for the fiscal year ended on or before March 31.
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About Oxford Business Group
Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, from the Middle East, Asia and Africa to the Americas. A distinctive and respected provider of on-the-ground intelligence on the world’s fastest growing markets for sound investment opportunities and business decisions.
Through its range of products – Economic News and Views; The OBG CEO Survey; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; The Report publications – and its Consultancy division, OBG offers comprehensive and accurate analysis of macroeconomic and sectoral developments.
OBG provides business intelligence to its subscribers through multiple platforms, including its subscribers, CNKI, Dow Jones Factiva subscribers, the Bloomberg Professional Services’ subscribers, Refinitiv’s (previously Thomson Reuters) Eikon subscribers, and more.
© Press Release 2020