The SIC codes are used in businesses to classify their activities and also by governments to collect and analyze data, as well as by banking institutions to decide upon loan granting. The current SIC codes were implemented in 1988 and are based on the 1987 Standard Industrial Classification (SIC) system. Whether it is by public or private organizations, SIC Codes allow to identify the division and sub-division of industry and the category and sub-category of primary activity of a company.
The system was developed by the United States Bureau of Census back in the 1960s. The SIC code is used by businesses to classify their activities, so if you are a company owner the information you can track down by these codes is of top priority. Businessmen are concerned about companies in the same field of activity, as the information can help them expand the business, learn about new industrial and marketing trends, get knowledge about potential partners and discern about the company`s own background. All these benefits will turn out in increased revenue.
The benefits the identification system brings is both for business and for customers and retailers, as they can compare products against competitors to make the right decisions.
But scraping information from SIC Codes systems can not be done manually, as there are thousands and thousands of industries that it takes too long to perform the process, and the human effort employed can be alternatively used for increasing productivity.
There is automated software designed for this specific purpose. Developers have devised platform interfaces powered with Artificial Intelligence, which do the search for you and provide an output that is accurate and reliable, to guarantee that the results are precise and authentic. We recommend SIC Code Validator API that can certify that the company you are interested in is real, the information about it is trustable, and it deserves to be in your database.
The API is one of a number of platforms that exchange information complementing one another to render the best solution (SIC Codes LookUp API, Company Data Slug API, Retrieve Company Information API, NAICS API, and others). By typing the company name you will get in seconds its validity and all the information you need to benefit your business (e.g. location, industry, revenue, size of staff, etc.). Your input must be the name of the company or its URL, and the output will be a full report of the company.
The features of this suite of APIs are ease-of-use, efficiency, accuracy and celerity. You cannot be risking your company´s reputation dealing with ghost organizations. For effective transactions you need certainty that your customers, suppliers, retailers or partners are consistent and solid organizations with the support of a pristine background in all institutional and commercial aspects.
To make use of it, you must first go to SIC Codes LookUp API and simply click on the button “Subscribe” to start using the API. After signing up in Zyla API Hub, you’ll be given your personal API key. Using this one-of-a-kind combination of numbers and letters, you’ll be able to use, connect, and manage APIs. You can then choose from the different API endpoints depending on what you are looking for. Once you find your needed endpoint, make the API call by pressing the button “run” and see the results on your screen in seconds.
You will soon see outstanding results in your time management, productivity rates, market expansion and revenue. You will never stop using this software!
