Artprice

demand for its free and paid dashboards and indexes grows 1200% since their launch on the art market.

Nota bene:  these figures (+1200%) reflect a trend and would have to be confirmed over a much longer period to have forecast value. Nevertheless, according to thierry Ehrmann Artprice CEO and founder "Artprice's ambition to revolutionize the art market via the provision of free and paid market barometers (dashboards) has definitely produced a tsunami on the art market".

This tsunami was triggered in an exceptionally short time-frame by a global campaign on five continents and in 12 major languages, primarily in collaboration with the NASDAQ OMX (Thomson Reuters IR, PR).

Its impact - which has been far greater than that of any other Artprice initiative in terms of data volumes - confirms that the disruptive economy can very quickly shatter old circuits. By their asymmetrical information these old circuits have allowed a well-organized market structure to develop around the purchase and sale of art with enormous margins that have no economic justification in the 21^st century.

Artprice is regarded as the primary "disrupter" of the Art Market (see Trading and IPO's analysis of August 20, 2014):
http://www.actusnews.com/communique.php?ID=ACTUS-0-36953

Until now, Artprice has given access to extremely sophisticated data developed by its econometrics and statistics department via its high-end subscriptions. Artprice, world leader in Art Market information, is the only group capable of mining and exploiting a huge volume of market data and producing highly reliable information based on the method of repeat sales. This method consists in meticulously and rigorously tracing the ownership history of artworks in order to calculate their value through the years.

Today, the commercial success of mobile Internet (3.1 billion connections worldwide) fits perfectly with Artprice since its clientele is by nature nomadic and wealthy and needs immediate access to art market information (galleries, auction operators, valuers, etc.). In fact the mobile Internet is expected to account for 80% of Artprice consultations in the very near future. By August 2014, it already accounted for 72% (iOS + Android).
On top of that, we have 2.7 billion fixed online connections that often overlap with the mobile connections.

A year ago Artprice decided to accelerate its disruption of the art market (in which it has become an unavoidable player) by asking its econometric department to develop a series of extremely simple applications specially designed for mobile Internet usability. These applications allow Artprice to respond to 70 million art consumers, amateurs, collectors and art market professionals, and not just to the aforementioned elite that used to control the market.