The Advisory Board Company (NASDAQ:ABCO) is a service provider in the health-care and education industries. The company provides its customers with best practices research and analysis, business intelligence and software tools and management and advisory services.
While this sounds like just another consulting company there two things that make the Advisory Board unique. The first one is its extensive (and almost irreplaceable) database with thousand papers of research and more than 35,000 proprietary best practices for the health-care industry.
The value of this best practices database is obvious in the fact that the Advisory Board has significant ricing power over its customers. The company's average contract value per member has increased over 18% over the last three years,...
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