Industry classification
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(Redirected from Industrial classification)
Industry classification or industry taxonomy organizes companies into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets.
A wide variety of taxonomies is in use, sponsored by different organizations and based on different criteria.[1]
1The NAICS Index File[3] lists 19745 rubrics beyond the 6 digits which are not assigned codes.
Besides the widely used taxonomies above, there are also more specialized proprietary systems:
- FactSet's Revere, line-of-business, about 11,000 leaf nodes, acquired in 2013[4]
- IndustryBuildingBlocks, line-of-business about 15,000 leaf nodes
- First Research taxonomy, used by Hoover's[5]
- WAND, Inc.'s Product and Service Taxonomy
- Market Research Consulting Firm
See also
Notes
- ↑ Standard & Poor's, "What's an Industry" pdf
- ↑ 2.0 2.1 Dave Nadig, Lara Crigger, "Signal from Noise" IndexUniverse, p. 2
- ↑ http://www.census.gov/eos/www/naics/2007NAICS/2007_NAICS_Index_File.xls
- ↑ http://www.factset.com/campaigns/revere
- ↑ First Research taxonomy at Hoover's
References
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- Bernard Guibert, Jean Laganier, and Michel Volle, "An Essay on Industrial Classifications", Économie et statistique 20 (February 1971) full text