For the second year in a row, Broadcast Music, Inc. has been recognized by InformationWeek magazine as one of the most technologically innovative companies in the world.
On Tuesday, September 11 at the InformationWeek 500 Awards in Monarch Beach, California, BMI was named 61 out of the top 500 most innovative users of business technology strategy in the world. The only music company in the top 200, BMI ranked higher than many premier U.S. companies, including Microsoft, AT&T, Coca-Cola, Nielsen, Dell, Bank of America, and several others. This year’s rank reflects a 13 position gain from last year, when BMI first appeared on the InformationWeek 500 list.
To accurately assess the public performance data and information management of 7.5 million compositions from more than 550,000 songwriters and publishers, BMI stores and processes more than 900 TB of digital information and corresponding metadata daily. The BMI Information Services Group and International Operations & Technology Group regularly access and parse this data to drive business intelligence across the company and the many industries with which BMI interacts and partners. BMI’s data management capability efficiently and effectively processes not only the specific information about 7.5 million musical works and 550,000 songwriters and publishers, but also 2.6 million cue sheets, and crucial details pertaining to the more than 650,000 businesses licensed by BMI.
Under the leadership of Jim King, BMI’s Senior Vice President of Business Operations and Technology, and CEO Del Bryant, BMI has developed a business technology capability unrivaled by any other performing rights or licensing organization. The consecutive-year recognition by InformationWeek represents another significant milestone as BMI positions itself to be a technology leader not only within the music industry, but across all industries.
For more information on the InformationWeek Top 500, including a complete list of the companies that were ranked in the top 250, please click here.