Welcome to eCompetitors; home of the Global Industry Dashboard.
Our mission is to provide industry information at the line-of-business level, using a common industry framework, to correctly define the global economy.
Good information is the starting point for improving: strategic planning, marketing & sales, competitive intelligence, and all areas that depend on good industry information for making decisions
.
Today, industry sector data is abundant, but not very useful. Many firms provide corporate financial data, and they assign companies to broad industry sectors at too high a level to be actionable. Other data vendors use SIC or NAICS codes, but these classifications are difficult to use. Most other vendors are narrowly focused, and, most often, they too use the term "industry" when they really mean "industry sector".
We use the term SRI, which is short for Strategically Relevant Industry, to specifically mean the right level at which to conduct an industry analysis - like a Michael Porter five forces industry analysis. An SRI represents: one or more products or services that are direct substitutes and which are sold by one or more businesses to one or more external customers.
For example, "financial services" and "banking" are general terms that refer to overlapping industry sectors. "Wholesale funds transfer services," on the other hand, is a good example of a single industry, or SRI.
eCompetitors tracks and defines the top 10,000 industries at the line-of-business level.
Other industry examples include:
- The $4 billion mainframe computer industry.
- The frozen pizza industry.
- The satellite insurance industry.
- The automotive coatings industry.
- The cell phone services industry.
- The oil rig construction industry
And 10,000 additional industries which make up more than 95% of the global economy.
For each industry we analyze, we use a common industry framework. We define:
- Industry revenue
- Product, customer and channel segment data
- Industry-specific trend data
- Information about competitors
- Identification of products and services that represent substitutes and complements
- Buyer and channel purchase criteria data
- Industry vendor information
- And much more.
At the line-of-business level, companies typically compete in many industries. IBM, HP, Procter & Gamble, BASF, Fujitsu and many other global companies compete in over 100 lines of business.
Analyzing a company in terms of its lines of business is, in itself, very informative. Even more valuable, however, is our ability to compare companies side-by-side at the line of business level.
Another very powerful feature enables users to select from any of the 10,000+ industries to create industry groups. These customized industry groups can then be analyzed using our industry group reporting feature.
In summary:
1. eCompetitors provides the best industry classification system in the world
2. We leverage the ideas of Michael E. Porter in how we analyze each industry.
3. The Global Industry Dashboard uniquely analyzes companies at the industry, or, line-of-business level, where true competition takes place.
4. Our line-of-business approach supports strategic merger and acquisition analysis.
5. The system is very flexible. For example, users can create industry groups and company groups in order to support their unique requirements.
We have a lot more information at eCompetitors.com that may interest you.