What was Experian’s Original Name- A Journey Through Time in the Credit Reporting Industry
What did Experian used to be called? This question may arise for those who are not familiar with the history of the credit reporting industry or for individuals who have recently discovered the services provided by this renowned company. To delve into the past, we must understand the evolution of Experian and its earlier iterations.
Experian, as we know it today, was not always called by this name. The company originated in 1980 as TRW Information Systems and Services. It was a division of the global technology company TRW, Inc., which stood for Teledyne Robotics andWeapons. TRW was primarily known for its defense and aerospace contracts but also ventured into the information services sector.
The division that would later become Experian was established to provide credit information services. Over the years, TRW Information Systems and Services expanded its offerings, and in 1986, the division was renamed TRW Credit Information Corporation. This change reflected the company’s growing focus on credit reporting and data analysis.
In 1996, TRW Credit Information Corporation was spun off from TRW and became an independent company. The new entity adopted the name Experian, which was derived from the words “experience” and “reliability.” The name was chosen to emphasize the company’s commitment to providing accurate and reliable information to its clients.
Experian continued to grow and diversify its services, expanding into various sectors such as marketing services, consumer services, and decision analytics. The company’s global presence also expanded, with operations in more than 40 countries. Today, Experian is one of the world’s leading providers of information services, offering a wide range of solutions to help businesses and individuals make informed decisions.
Understanding the history of Experian and its earlier names provides insight into the company’s evolution and its dedication to providing comprehensive and reliable information. From its humble beginnings as TRW Information Systems and Services to its current status as Experian, the company has come a long way in serving the needs of the global information economy.
