You may not have heard of NeuStar (NYSE: NSR ) , but the services it provides can affect you greatly. This $3 billion company is also handily beating the market as it shifts its focus to move deeper into the information and analytics industry.
NeuStar started its life as an operating unit within Lockheed Martin (NYSE: LMT ) and won its original contract to provide local telephone number portability services in 1996. It's kept that job and performed other services along the way, including administering the registry for the ".biz" and ".us" Internet domain names.
After spinning off from Lockheed and tucking years of success under its belt, NeuStar began to shift its focus to information and data analytics services under CEO Lisa Hook. That led to the acquisition of TARGUSinfo in 2011.
Our roving reporter Rex Moore attended last week's big Cable Show in Washington, D.C., and asked NeuStar's Gary Zimmerman about the types of data his company utilizes to help boost revenue for customers.
Meanwhile, the amount of data we store every year is growing by a mind-boggling 60% annually! To make sense of this trend and pick out a winner, The Motley Fool has compiled a new report called "The Only Stock You Need to Profit From the NEW Technology Revolution." The report highlights a company that has gained 300% since first recommended by Fool analysts but still has plenty of room left to run. To get instant access to the name of this company transforming the IT industry, click here -- it's free.