If you are waiting for a quarterly report you are dead meat.If you are waiting for a quarterly report you are dead meat.
If you are waiting to get a company’s quarterly or annual report and you think that is how you’re going to make an investment, you are dead meat. Today, BlackRock has already begun using ‘alternative data sources’ to gain more in-depth information on companies such as sales predictions, customer traffic and inventory.
See what companies are investing in. Detect unannounced initiatives, and cross-check quarterly reports against their actual strategy.
Assess a company’s competitive advantage. Compare their strategy against competitors, apples to apples.
Machine Learning.NLP.Recruiting Data.Machine Learning.NLP.Recruiting Data.
the Battle of Giants uses machine learning and natural language processing to identify strategic initiatives from recruiting data. It’s the difference between knowing Amazon is investing 10% more in software developers vs. 10% more in online grocery shopping.
New hires are investments for the future.New hires are investments for the future.
The best way to forecast to a company's growth is to see what new talent they plan to bring in. Bold new ventures can't be tackled by current staff alone.
The average force-multiplying new hire will take nearly a year to become fully productive.
We believe in evidence, not rhetoric.
Walmart is unexpectedly boosting investment in Fashion. October data shows the number of new positions in apparel and fashion retailing increasing 10x, from 15 in September to 150 in October. Bonobos hiring for 121 positions one month after layoffs 121 of these new positions are for Bonobos. A complete reversal from the situation last month...
Total open positions among the four retail giants stands at 86,497 jobs in September, up +54.5% YoY and +8.9% MoM. Amazon has 7,552 new positions, up 62% YoY and relatively unchanged from August. Retail related initiatives accounts for 3,472 new positions, up +53% YoY and +13% MoM. 69% of all new retail positions are in...
Google and Facebook command 60% of the $107 billion online advertising business, but growth has stalled, and Amazon is stealing market share. Amazon recently acquired ad-server company Sizmek to boost capabilities. Is Amazon becoming a serious threat to the duopoly? What are Amazon’s growth intentions? Amazon continues to pour large investments into Advertising this year...
Who uses the data?Who uses the data?
Some of the world’s biggest hedge funds are leaders in snapping up large swaths of alternative data, many paying big money for it. Investment firms that use so-called quantitative strategies can pump the raw data directly into algorithmic trading models.Bloomberg