You've probably heard terms like “fintech”, “healthtech” and “insurtech”, but what about the concept of datatech ? Did you know that it was created by BigDataCorp, the world's first datatech?
In this article, we will explain what a datatech is, what the difference is between a datatech and a traditional data company, what makes BigDataCorp a datatech, and how the company has been transforming different markets by providing access to public data and solutions that drive business.
Follow along and discover how a technological base combined with data can revolutionize your operations!
What is a datatech?
Just as the term “fintech” refers to a technology company that operates in the financial market, the term “datatech” is a way of describing technology companies that operate in the data market, that is, companies that have a strong technological and product development base, and that monetize their technological expertise by commercializing data.
BigDataCorp coined this term to explain its operations in the market to its clients, and is considered the first datatech in Brazil (and, who knows, in the world). It is a simple way of communicating to the market who we are and what we do: we are a company that develops in-house the basic technology needed to capture and structure data on an industrial scale, and that has chosen to generate value with this technology by selling the information we have created. We are not a data company with a technology area, we are a technology company that sells data.
What is the difference between a datatech and a conventional data company?
The vast majority of data companies russia phone number operating in the market today can be seen simply as information intermediaries. They buy information from one end of the chain, repackage that information, and sell it to their customers. They do not have great technological expertise, because the core element of their business is not operating the technology, but rather negotiating the purchase and sale of data in a way that generates profits. These companies have a structure that is heavier in the commercial area (sales) and in the financial area (purchasing) than in technology. In these companies, IT is seen as a support for the operation.
A datatech is different. As is the case at BigDataCorp, datatechs have technological innovation as a central element of their structure, culture and strategy. They apply cutting-edge technology to meet the data needs presented by the market, with a focus on building products and solutions based on this technology, rather than on the intermediation of other suppliers. In a datatech, the technology area is the central protagonist, directing the company's growth and evolution in the market.
How BigDataCorp's technology transforms data
As we said, BigDataCorp is a datatech. Technology is central to our operations. We have developed internal processes to automatically capture data from over 1.5 billion sources around the world. Every day, we process dozens of petabytes of raw data, which undergo an information structuring process and generate over 30 million data updates every day .
We have built internally databases with a complete historical view of more than 500 million products , more than 250 million individuals and more than 65 million companies , and we provide access to this data through our pioneering Data Platform, a set of information search APIs that today processes more than 5 billion queries every month.
All of our products are built for the modern world: complete APIs that provide all their functionalities for direct integration by the client, from queries to account management, from timely access to file processing, in addition to following the most modern security and data protection standards. We deliver products designed to solve business challenges while satisfying technology and data science teams.
Practical examples of how this works
BigDataCorp solutions are widely used by companies in various sectors, which depend on reliable and up-to-date data to optimize their processes. Check out some examples of how our technology is being applied:
Financial institutions use our data solutions to consult detailed information about companies and consumers, accessing attributes such as business history, financial status and associated risks, all in an agile and accurate manner.
E-commerce companies benefit from our product and market data, as well as our onboarding solution that facilitates frictionless validation of registration data .
Large companies monitor suppliers effectively, using cutting-edge technology and highly qualified data. With our tools, companies eliminate regulatory risks and optimize processes without generating friction, saving time and money.
It is also worth noting that, with our platform, customers only pay for the data they actually use, avoiding unnecessary costs and accessing only what is essential for their business.
Count on the most revolutionary datatech solutions in the country
Committed to ensuring the origin and quality of information, BigDataCorp offers one of the largest and most complete data catalogs on the market. Our solutions are designed to optimize your operational processes, but also to significantly scale your results. Some of the solutions we offer include:
Correction and updating of data;
Digital onboarding;
PLD, KYC and Compliance;
Fraud prevention;
Detailed market monitoring.