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NAICS Code 517810-08 Description (8-Digit)

Information Brokers is a subdivision of the NAICS Code 517810 that involves the business of providing information to clients for a fee. Information Brokers collect, analyze, and disseminate information to their clients, which can include individuals, businesses, and government agencies. The information provided can range from public records, market research, and industry trends to more specialized information such as legal and medical records. Information Brokers use a variety of sources to gather information, including online databases, public records, and proprietary sources. They then analyze and package the information in a way that is useful to their clients.

Hierarchy Navigation for NAICS Code 517810-08

Parent Code (less specific)

Tools

Tools commonly used in the Information Brokers industry for day-to-day tasks and operations.

  • LexisNexis
  • Westlaw
  • Factiva
  • Accurint
  • Dun & Bradstreet
  • Hoovers
  • ZoomInfo
  • Data.com
  • Bloomberg Terminal
  • Capital IQ

Industry Examples of Information Brokers

Common products and services typical of NAICS Code 517810-08, illustrating the main business activities and contributions to the market.

  • Market research analysis
  • Competitive intelligence
  • Legal research
  • Medical records retrieval
  • Public records search
  • Financial analysis
  • Due diligence research
  • Background checks
  • Intellectual property research
  • Real estate data analysis

Certifications, Compliance and Licenses for NAICS Code 517810-08 - Information Brokers

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Information Privacy Professional (CIPP): This certification is offered by the International Association of Privacy Professionals (IAPP) and is designed for professionals who work with personal data. It covers privacy laws and regulations, data protection practices, and privacy program management.
  • Certified Information Systems Security Professional (CISSP): This certification is offered by the International Information System Security Certification Consortium (ISC)² and is designed for professionals who work with information security. It covers security and risk management, asset security, security engineering, communication and network security, identity and access management, security assessment and testing, security operations, and software development security.
  • Certified Information Systems Auditor (CISA): This certification is offered by the Information Systems Audit and Control Association (ISACA) and is designed for professionals who audit, control, monitor, and assess information technology and business systems. It covers information system auditing, governance, risk management, information security, and control.
  • Certified Fraud Examiner (CFE): This certification is offered by the Association of Certified Fraud Examiners (ACFE) and is designed for professionals who investigate fraud, financial crimes, and white-collar crimes. It covers fraud prevention and deterrence, financial transactions and fraud schemes, investigation, law, and ethics.
  • Certified Information Professional (CIP): This certification is offered by the Association for Intelligent Information Management (AIIM) and is designed for professionals who manage information assets. It covers information governance, information architecture, information capture, information management, information storage and preservation, and information security.

History

A concise historical narrative of NAICS Code 517810-08 covering global milestones and recent developments within the United States.

  • The Information Brokers industry has a long history dating back to the early 20th century when companies began to collect and sell information to businesses. In the 1920s, the industry saw significant growth with the introduction of credit reporting agencies. In the 1960s, the industry expanded with the introduction of computer databases, which allowed for the storage and retrieval of large amounts of information. In recent years, the industry has continued to evolve with the growth of the internet and the increasing demand for data analytics. In the United States, the industry has seen significant growth in the past decade, with the rise of big data and the increasing importance of data-driven decision making in business.

Future Outlook for Information Brokers

The anticipated future trajectory of the NAICS 517810-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Information Brokers industry in the USA is positive. The industry is expected to grow due to the increasing demand for data and information services. The rise of big data and the need for businesses to make data-driven decisions will drive demand for information brokers. Additionally, the increasing use of artificial intelligence and machine learning will create new opportunities for information brokers to provide more sophisticated data analysis and insights. However, the industry will also face challenges such as increasing competition and the need to adapt to changing technologies and customer needs.

Industry Innovations for NAICS Code 517810-08

Recent groundbreaking advancements and milestones in the Information Brokers industry, reflecting notable innovations that have reshaped its landscape.

  • AI-Powered Data Analysis: Information brokers are increasingly using artificial intelligence and machine learning to provide more sophisticated data analysis and insights to their clients.
  • Blockchain-Based Data Security: Some information brokers are using blockchain technology to provide secure and transparent data storage and sharing solutions.
  • Mobile Data Collection: Information brokers are using mobile devices to collect data in real-time, allowing for more accurate and timely insights.
  • Social Media Monitoring: Information brokers are using social media monitoring tools to track and analyze social media activity and sentiment for their clients.
  • Predictive Analytics: Information brokers are using predictive analytics to forecast future trends and identify potential risks and opportunities for their clients.

NAICS Code 517810-08 - Information Brokers

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