Information on the web is a derivative of what happens in the real world in nearly real-time.
If your business is linked to how certain markets evolve, this means there exist some set of data online that can help predict future events that will impact you.
All the below data sources can be mined to yield economic insights:
- Social media
- Investor-target corporate web sites
- Online marketplaces
- Real-estate listings
- Government public data
- User- and consumer-written opinions
- …And much more
If you know what pieces of data available online can be used to discover actionable information, online data extraction can help you create exclusive data feeds not readily available to your competitors.