Data City Launches Real-Time Industrial Classification

In the UK, data-as-a-service platform The Data City has launched a global real-time industrial classifications (RTICs) product, combining data from the US and the rest of the world with its AI and proprietary data, to analyse companies and industries.

Headquartered in Leeds, The Data City has developed these proprietary RTICs to provide a more 'complete and accurate' picture of the economy compared to traditional systems like Standard Industrial Classification codes (SICs). AI technology is used to gather real-time company data on emerging economic sectors from various sources, including open data sets and company financials.

CEO Alex Craven (pictured) comments on the new product, which is currently in beta with 'selected clients': 'We are building a new and more accurate way to understand our economy and the companies that operate within it. As a result, leading companies, think tanks and government departments are turning to The Data City as their insight partner of choice'.

Web site: www.thedatacity.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.