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Discussion Groups / English Usage / February 2010Finance term "verticals"
Could anyone please explain me the meaning of the term "verticals" in the following sentence: "Sequential revenue improvement was driven by broad-based growth across verticals and service offerings." Please suggest me some synonyms. Thank you in advance. Suyash >Could anyone please explain me the meaning of the term "verticals" in >the following sentence: > >"Sequential revenue improvement was driven by broad-based growth >across verticals and service offerings." Please see <http://en.wikipedia.org/wiki/Vertical_market> for a definition. (I have read this article and it seems accurate, as far as it goes.) -GAWollman  SignatureGarrett A. Wollman | What intellectual phenomenon can be older, or more oft wollman@bimajority.org| repeated, than the story of a large research program Opinions not shared by| that impaled itself upon a false central assumption my employers. | accepted by all practitioners? - S.J. Gould, 1993 >Could anyone please explain me the meaning of the term "verticals" in >the following sentence: > >"Sequential revenue improvement was driven by broad-based growth >across verticals and service offerings." Oh, and the other bit of finance jargon here is "sequential", by which is meant "comparing one period with the immediately following period of the same type", as opposed to "year-over-year" which means "comparing one period with the analogous period in the following year". So "sequential revenue improvement" is an increase in revenue from one month or (more likely) quarter to the next, as opposed to comparing one month or quarter with the same period the previous year. You're also bound to run into numerous business and economic statistics given "on an annualized basis", which means that the change in the statistic has been multiplied by four or twelve, as if a whole year of identical reporting periods had been measured. -GAWollman SignatureGarrett A. Wollman | What intellectual phenomenon can be older, or more oft wollman@bimajority.org| repeated, than the story of a large research program Opinions not shared by| that impaled itself upon a false central assumption my employers. | accepted by all practitioners? - S.J. Gould, 1993 Thank you for the detailed explanation, Garrett. Suyash > In article <783db3f5-e6de-4ec8-beae-7e2a6fa22...@w27g2000pre.googlegroups.com>, > [quoted text clipped - 24 lines] > Opinions not shared by| that impaled itself upon a false central assumption > my employers. | accepted by all practitioners? - S.J. Gould, 1993 > Thank you for the detailed explanation, Garrett. > [quoted text clipped - 20 lines] >> in the statistic has been multiplied by four or twelve, as if a whole >> year of identical reporting periods had been measured. "Every time we measure we find we've earned more money than the last time because we've sold more things to more people". SignatureOnline waterways route planner | http://canalplan.eu Plan trips, see photos, check facilities | http://canalplan.org.uk > Could anyone please explain me the meaning of the term "verticals" in > the following sentence: [quoted text clipped - 7 lines] > > Suyash Vertical = industry. The language is not very precise since some industries (eg retail, education) are services anyway. SignatureMike Page Google me at port.ac.uk if you need to send an email. >> Could anyone please explain me the meaning of the term "verticals" >> in the following sentence: "Sequential revenue improvement was >> driven by broad-based growth across verticals and service >> offerings." Please suggest me some synonyms. Thank you in >> advance. Suyash > Vertical = industry. The language is not very precise since some > industries (eg retail, education) are services anyway. It's saying that there was growth across verticals (types of customers) and service offerings (types of products). You have to visualize it as a matrix with customer segments on the x axis and product/service offerings on the y axis. You offer the same service to customers in different verticals and you offer multiple services to customers in the same vertical. Things grew both when totalling across the rows and down the columns. SignatureEvan Kirshenbaum +------------------------------------ HP Laboratories |_Bauplan_ is just the German word 1501 Page Mill Road, 1U, MS 1141 |for blueprint. Typically, one Palo Alto, CA 94304 |switches languages to indicate |profundity. kirshenbaum@hpl.hp.com | Richard Dawkins (650)857-7572 http://www.kirshenbaum.net/ |
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