What Are SIC Codes?
SIC codes are a system for identifying businesses and industries. They are three- to eight-digit numbers that are used to classify industrial activities. The initial letter stands for the division (Mining, Manufacturing, Finance, Education, etc.). The first two digits indicate the sub-division, while the subsequent pairs of digits identify a specific company or group of companies. The SIC codes are used by governments, banking institutions and private businesses to classify industries and activities, for economic research, marketing, statistics and demographic studies. They were devised by the U.S. Census Bureau to collect economic data in the 1960s. SIC codes are also used by insurance companies to identify risk factors in certain industries.
There are many reasons why it is important to track down SIC codes and information. For one thing, it can help you understand your competitors better, and thus improve your experience. Also, it can help you identify trends in the industry as a whole and see where opportunities might be for your own business. And finally, it can help you understand your own customers better – which can be very helpful for marketing purposes. So whether you are just starting out or you are already established in your business, tracking down SIC codes and information can be very beneficial.
How Can You Do This?
You can search for SIC Codes manually, which takes so much time and effort. Alternatively you can make use of the software that is the best way to track down SIC Codes with an API. An API (short for “application programming interface”) is a set of programming instructions and protocols that allow software applications to communicate with each other to render a full solution. In this case, we are talking about a SIC code API: a platform that provides access to business data such as SIC codes, names, addresses, industries, etc. This can be very helpful for businesses that need to retrieve this type of data for their own purposes.
There are many different APIs available on the market, so it is important to choose one that is reliable and easy to use. One of the best APIs out there is Retrieve Company Information API, powered with Artificial Intelligence and integrated with SIC Codes LookUp API, Company Data Slug API and Company`s Line Of Business API.
This suite of APIs is a great choice for tracking down everything you need to know about business activities. This powerful tool allows to search for any organization in the United States, Europe and everywhere in the world by name, zip code, or street address.
The suite is complemented with NAICS API, which is specific for organizations in the USA, and provides more detailed information (phone numbers, employees, revenue, and much more) apart from the data above mentioned.
The outstanding features of this software are ease-to-use, accuracy and celerity of response. You get details of the company of your interest in seconds and just by signing up for an account to start experimenting with the API! So if you are looking for a way to track down SIC codes and information, give Retrieve Company Information API a try! You will gain time, effort and the certainty of getting reliable information to optimize your business experience and increase your revenue.
