If you are attending BattleFin, check out Import.io for an easy, cost-effective way to get alternative web data for research. Also, catch the California Dreaming – West Coast Data Providers panel at 11:05 featuring Import.io co-founder Andrew Fogg!
What is alternative data?
Data is the basis for all sound investment and research models. Alternative data along with traditional data ensures a complete picture and allows modeling of future events. Alternative data includes information that is publicly available on the internet, but often difficult to get in a structured, easy to digest format.
Alternative data can include:
- Retail price changes across vendors
- Store closures and openings
- Consumer sentiment ratings
- Influencer opinions in blogs and forums
- Local and world news
- Weather and micro-climates
To formulate sound recommendations, analysts need up-to-date information from many sources and web data extraction is making this possible. Tracking themes and sentiment would have been impossible without the internet and extremely prohibitive without the ability to continuously extract data into a structured format.
How can Import.io help?
Import.io allows customers to get alternative web data, which is a key component to a modern and thorough bottom-up analysis. Combined with top-down research, web data can make the difference between an accurate model and a sub-par model.
Import.io extracts data from alternative sources such as industry blogs, social media sites, social news aggregation sites, ecommerce and travel aggregators, retail sites, and just about any website. Data extraction can be scheduled hourly, daily, weekly, or monthly to show trends over time and determine how those trends have affected companies and markets in the past. Customers get current web data quickly for up-to-the-minute analysis.