A business management consultancy group specializing in facilitating external companies' entry into Switzerland faced significant challenges in monitoring the expansive Swiss ICT and life science market. With over 650,000 companies to consider, the existing data collection methods from the basic register of commerce proved inadequate, offering only generic information that was often outdated. Our solution involved setting precise parameters to narrow down these companies to those relevant within the ICT and life science clusters, then enriching the data concerning their products and services to provide a robust and accessible competitive database.
What data we used
— Initial broad dataset of 650,000 Swiss companies.
— Custom parameters and filters to identify companies within the ICT and life science sectors.
— Enriched data sets including detailed information on products, services, and market positioning.
Objectives
— Efficiently segment and categorize Swiss companies into relevant ICT and life science clusters.
— Create a comprehensive, searchable database that allows quick access to updated company information.
— Enhance the consultancy's ability to connect stakeholders with potential partners, technology providers, and competitors.
Deliverables
— A dynamic competitive database accessible to consultancy professionals, significantly reducing the time required to obtain actionable insights.
— Automated data processing tools that eliminate manual data entry and ensure data relevancy and timeliness.
— Enhanced capabilities for the consultancy to offer new services, such as targeted partnership facilitation and competitive analysis.
This use case demonstrates the transformative impact of targeted data enrichment and automation on the consultancy’s operational efficiency, allowing them to better support external companies and contribute positively to the Swiss business ecosystem.