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Data ProvidersCompany data is increasingly becoming a commodity and data providers need a way to differentiate their information. Increase the value of your data - The WAND Product and Service Taxonomy is the solution. Most data is classified to general Standard Industrial Classification (SIC) codes or Harmonized Source (HS) codes. Both SIC and HS codes are much too broad to be able to provide meaningfully targeted data. The WAND Product and Service Taxonomy has over 35,000 distinct categories that can provide very targeted and precise segmenting of data to make it extremely valuable for company data consumers. A company looking for new suppliers would much rather purchase a small list of companies that it knows makes “Hydraulic Power Pumps” than a long list of companies indexed to the SIC code “Pumps and Pumping Equipment”. The WAND Product and Service Taxonomy has more complete horizontal coverage than any other standard product and service classification system so data suppliers will be able to accurately and granularly classify companies regardless of which products or services the companies provide. The WAND Product and Service Taxonomy has been proven for over a decade in classifying and searching company data within the WAND Business Directory Platform. | |
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