Connecting the Business World: Global Database Now Maps Over 14 Million Companies Globally

by Nicolae Buldumac
· 14/06/2023 08:03 · 3-5 min read
Connecting the Business World: Global Database Now Maps Over 14 Million Companies Globally

Understanding the complex web of global company linkages is an essential aspect of conducting business in today's interconnected world. Gaining accurate and reliable data might be a challenging task, but Global Database, a pioneer in business intelligence solutions, is transforming this complex process. With the remarkable achievement of mapping linkages for over 14 million companies worldwide, Global Database has shown the immense potential of artificial intelligence (AI) in untangling global company linkages. This accomplishment bears profound implications for sales, marketing, and Know Your Business (KYB) processes, as well as the strategic decisions that a company makes.

The Power of Accurate Data

Global Database's approach is rooted in a commitment to accuracy and reliability. By collecting company data from official and government sources and enriching this information with data points from hundreds of other sources, Global Database ensures the credibility of the information it provides. This credibility forms the backbone of their service, providing businesses with the certainty they need to make informed decisions.

The Global Group Structure and Its Applications

The global group structure of a company provides a map of its subsidiaries, parent companies, and sister companies. This structure can be incredibly valuable for businesses in several ways. For instance, understanding a prospect's global group structure can help identify upsell opportunities within the same group. Sales and marketing teams can also use this information to tailor their strategies to their target companies' unique circumstances and needs.

Moreover, a clear understanding of a company's global group structure can be crucial for KYB procedures. It can help businesses identify the Ultimate Beneficial Owners (UBOs) of potential partners or suppliers, a vital part of due diligence and risk management. It can also assist in verifying the legitimacy of a potential partner or supplier, including their company registration number, location, and legal status.

The Process of Mapping Global Company Linkages

Mapping global company linkages is a sophisticated process that involves gathering, verifying, and organizing vast amounts of data. Global Database achieves this by first collecting company data from official and government sources. This data is then enriched with information from hundreds of other sources, such as financial reports, market analyses, and industry surveys.

The enriched data is then processed using advanced AI algorithms, which identify connections between companies based on various factors, including shared ownership, business transactions, and personnel. The resulting map of global company linkages is a comprehensive representation of the interconnectedness of the business world, which is invaluable for sales, marketing, and KYB.

Understanding the complex web of global company linkages is an essential aspect of conducting business in today's interconnected world. Gaining accurate and reliable data might be a challenging task, but Global Database, a pioneer in business intelligence solutions, is transforming this complex process. With the remarkable achievement of mapping linkages for over 14 million companies worldwide, Global Database has shown the immense potential of artificial intelligence (AI) in untangling global company linkages. This accomplishment bears profound implications for sales, marketing, and Know Your Business (KYB) processes, as well as the strategic decisions that a company makes.

Sales & Marketing Use Cases

1. Lead Qualification: Sales teams can use Global Database’s group structure information to qualify leads more effectively. By understanding the size and scope of a company, its subsidiaries, and its overall market presence, sales teams can prioritize high-value leads and allocate resources more efficiently.

2. Targeted Marketing Campaigns: Marketing teams can use this data to create highly targeted campaigns. For example, if a company is looking to expand its services to a specific region or industry, the global group structure data can provide insights into which companies to target.

3. Account-Based Marketing (ABM): With a detailed view of a company’s structure, marketing teams can implement effective ABM strategies. They can tailor their messaging and offerings to resonate with specific companies or sub-groups within a larger corporate structure.

KYB Use Cases:

1. Compliance with Regulations: A detailed understanding of a company's structure can help in complying with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. By using Global Database's group structure data, businesses can ensure that they are not inadvertently dealing with sanctioned entities or individuals.

2. Risk Assessment: The global group structure can provide insights into a company's financial health and stability. This is vital for risk assessment, as companies with a complex or opaque structure may pose a higher risk.

3. Due Diligence: As part of the due diligence process, businesses can use global group structure data to verify a company's information, identify its ultimate beneficial owners (UBOs), and detect any potential red flags in advance.

 

More Than Just Linkages

While company linkages form a crucial part of the puzzle, Global Database offers much more. Their extensive company information encompasses comprehensive company profiles, full financial statements, and data on directors and shareholders. They also provide contact details for key executives, information about web traffic and used technologies, as well as a credit score and credit limit recommendation. This wealth of information makes Global Database a versatile tool that can provide valuable insights for various business needs.

Several applications of AI models that can be trained with company data include:

• Lead Scoring and Sales Prediction: AI models trained on firmographic and contact data can assign leads a score, indicating their likelihood of conversion. This can help sales teams prioritize their efforts, resulting in improved conversion rates

• Customer Segmentation and Personalization: AI models can create customer segments based on demographics, buying behavior, and more. This can enable personalized marketing campaigns, boosting customer engagement

• Risk Assessment and Fraud Detection: AI models can assess a company's risk profile by analyzing financial data and credit scores. They can also identify anomalies suggesting fraudulent activities

• Supply Chain Optimization: Analyzing global group structures can provide insights into a company's supply chain, revealing potential inefficiencies or risks

• Talent Acquisition and Recruitment: Analyzing data on directors and shareholders can help identify individuals with desirable skills or experiences

• Market Research and Competitive Analysis: By studying financial statements and firmographic data, AI models can uncover market trends and competitive landscapes

 

Explore the power of AI, Business Intelligence, and the rich data provided by Global Database to enhance your sales, marketing, and KYB efforts. Our platform offers comprehensive company profiles, full financials, executive contacts, web traffic, technologies used, credit scores, and more.

Ready to see what this data can do for your business? Book a demo today and experience the potential of Global Database. Click here to get started.

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