This article discusses the importance of alternative data for the internet industry, which is characterised by rapid change and innovation. Alternative data refers to non-traditional data sources that can provide unique insights into market trends, consumer behavior, and investment opportunities. The article explores two potential providers of alternative data, Thasos and GTCOM, and how their data can be used to gain a competitive edge in the internet industry. By leveraging alternative data, businesses can make more informed decisions and reduce risks.
The Importance of Alternative Data for the Internet Industry
The internet industry is characterised by rapid change and innovation, making it challenging for businesses to stay ahead of the competition. By leveraging alternative data sources, businesses can gain a competitive edge by identifying emerging trends, predicting consumer behavior, and making data-driven decisions.
Alternative Data for Internet Industry: Unlocking Insights through Unconventional Sources
The internet industry is one of the fastest-growing sectors, with ever-increasing volumes of data generated every second. In such a dynamic environment, it’s crucial for businesses to stay ahead of the competition by harnessing the power of alternative data.
Thasos: Utilising Mobile Phone Location Data to Drive Business Decisions
Thasos is a data analytics company that offers real-time location intelligence solutions for businesses. They can transform mobile phone location data dating back to 2015 into information that can be easily consumed and acted upon by investors and business managers.
Thasos’ data has many use cases for the internet industry, such as optimising the placement of advertisements, predicting customer demand, and monitoring the competition’s activity.
GTCOM: Tracking News Sentiment and Events Across 65 Languages In Alternative Data for Internet Industry
Global Tone Communication (GTCOM) is a China-based data provider that offers news sentiment and event tracking across 65 languages. GTCOM uses artificial intelligence and natural language processing techniques to analyze news articles, social media posts, and other online content to identify market trends and emerging risks. GTCOM’s data can be used for various purposes, such as predicting market volatility, identifying emerging risks, and monitoring regulatory changes.
For the internet industry, GTCOM’s data can be used to analyze trends in online content, such as social media posts, blog articles, and news stories. By tracking sentiment and event data, businesses can gain insights into how customers perceive their brand and products, as well as identify potential repetitional risks.
conclusion
Alternative data is a game-changer for the internet industry. Providers such as Thasos and GTCOM offer unique and valuable data that can help businesses gain insights into market trends, consumer behavior, and investment opportunities. By leveraging alternative data, businesses can stay ahead of the competition and make data-driven decisions that drive growth and profitability.