Company profile

Future of Equifax

#
Rank
554
| Quantumrun Global 1000

Equifax Inc. is a consumer credit reporting agency in America, regarded as one of the 3 largest US credit agencies along with TransUnion and Experian. Established in 1899, Equifax is the oldest of the 3 agencies and collects and maintains information on over 800 million consumers and more than 88 million businesses worldwide. Based in Atlanta, Georgia, Equifax is a worldwide service provider.

Home Country:
Industry:
Business & Personal Services
Website:
Founded:
2000
Global employee count:
9500
Domestic employee count:
Number of domestic locations:
7

Financial Health

Revenue:
$3144900000 USD
3y average revenue:
$2748300000 USD
Operating expenses:
$2327000000 USD
3y average expenses:
$2031633333 USD
Funds in reserve:
$129300000 USD
Market country
Revenue from country
0.73

Asset Performance

  1. Product/Service/Dept. name
    Services (US)
    Product/Service revenue
    2290900000
  2. Product/Service/Dept. name
    Services (other)
    Product/Service revenue
    273300000
  3. Product/Service/Dept. name
    Services (UK)
    Product/Service revenue
    232100000

Innovation assets and Pipeline

Investment into R&D:
$18500000 USD
Total patents held:
26

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the business services sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the business services world. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white and blue-collar employees.

*Blockchain technology will be co-opted and integrated into the operations of a range of business services providers, significantly reducing transaction costs and automating complex contract agreements.

COMPANY’S FUTURE PROSPECTS

Company Headlines