NAICS Code 517810-10 - Information Search & Retrieval Service

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NAICS Code 517810-10 Description (8-Digit)

The Information Search & Retrieval Service industry involves companies that provide search and retrieval services for various types of information. This can include data from databases, websites, and other sources. These companies use advanced technology and software to search and retrieve information quickly and efficiently. The industry is constantly evolving as new technologies and methods are developed to improve the accuracy and speed of information retrieval.

Hierarchy Navigation for NAICS Code 517810-10

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Tools

Tools commonly used in the Information Search & Retrieval Service industry for day-to-day tasks and operations.

  • Web crawlers
  • Data mining software
  • Natural language processing tools
  • Text analytics software
  • Search engine optimization tools
  • Cloud storage solutions
  • Content management systems
  • Data visualization tools
  • Machine learning algorithms
  • Information security software

Industry Examples of Information Search & Retrieval Service

Common products and services typical of NAICS Code 517810-10, illustrating the main business activities and contributions to the market.

  • Patent search services
  • Market research firms
  • Legal research companies
  • News clipping services
  • Academic research databases
  • Medical literature search engines
  • Business intelligence providers
  • Financial data providers
  • Real estate data services
  • Government information portals

Certifications, Compliance and Licenses for NAICS Code 517810-10 - Information Search & Retrieval Service

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

  • Certified Information Professional (CIP): This certification is offered by the Association for Intelligent Information Management (AIIM) and is designed for professionals who work with information management systems. The certification covers topics such as information governance, content management, and information security. []
  • Certified Records Manager (CRM): This certification is offered by the Institute of Certified Records Managers (ICRM) and is designed for professionals who manage records and information. The certification covers topics such as records management principles, legal and regulatory compliance, and information technology. []
  • 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 privacy laws and regulations. The certification covers topics such as privacy laws, data protection, and information security. [/]
  • 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. The certification covers topics such as security and risk management, asset security, and security engineering. []
  • 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, and monitor information systems. The certification covers topics such as auditing processes, governance and management of IT, and information systems acquisition, development, and implementation. []

History

A concise historical narrative of NAICS Code 517810-10 covering global milestones and recent developments within the United States.

  • The Information Search & Retrieval Service industry has a long history dating back to the early 1960s when the first online database was created. In 1960, the US government created the first online database, the System Development Corporation's Q-32, which was used to store and retrieve information. In the 1970s, the first commercial online database was created by Dialog, which was used by libraries and research institutions. In the 1980s, the industry saw significant growth with the introduction of CD-ROMs and the internet. The first search engine, Archie, was created in 1990, followed by Yahoo in 1994 and Google in 1998. In recent years, the industry has seen significant advancements in artificial intelligence and machine learning, which have improved the accuracy and efficiency of search results. In the United States, the Information Search & Retrieval Service industry has experienced significant growth in recent years. The industry has benefited from the increasing use of the internet and the growing demand for online information. In 2019, the industry generated $8.5 billion in revenue, up from $7.5 billion in 2014. The industry has also seen significant consolidation, with larger companies acquiring smaller ones to expand their offerings and increase their market share. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for online information and the continued development of new technologies.

Future Outlook for Information Search & Retrieval Service

The anticipated future trajectory of the NAICS 517810-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The Information Search & Retrieval Service industry is expected to continue its growth in the USA in the coming years. The increasing demand for data and information, coupled with the growing use of the internet and mobile devices, is driving the growth of this industry. The industry is also expected to benefit from the increasing adoption of artificial intelligence and machine learning technologies, which are being used to improve the accuracy and relevance of search results. However, the industry is also facing challenges such as the increasing competition from free search engines and the growing concerns over data privacy and security. Overall, the industry is expected to continue its growth in the USA, but it will need to adapt to the changing market conditions and technological advancements to remain competitive.

Industry Innovations for NAICS Code 517810-10

Recent groundbreaking advancements and milestones in the Information Search & Retrieval Service industry, reflecting notable innovations that have reshaped its landscape.

  • Google's BERT Algorithm: Google's Bidirectional Encoder Representations from Transformers (BERT) algorithm is a major breakthrough in natural language processing that has significantly improved the accuracy and relevance of search results. BERT is able to understand the context and meaning of words in a sentence, which has led to more accurate and relevant search results for users.
  • Voice Search: The increasing use of voice assistants such as Amazon's Alexa and Google Assistant has led to the development of voice search technology, which allows users to search for information using their voice. This technology has the potential to revolutionize the way people search for information and could lead to new opportunities for the Information Search & Retrieval Service industry.
  • Mobile Search: The growing use of mobile devices has led to the development of mobile search technology, which is optimized for smaller screens and touch-based interfaces. This technology has led to new opportunities for the Information Search & Retrieval Service industry, as more people are using their mobile devices to search for information.
  • Personalization: The use of personalization technology has led to more personalized search results for users. This technology uses data such as search history and location to provide more relevant search results for users, which has led to a better user experience and increased engagement.
  • Visual Search: The development of visual search technology has allowed users to search for information using images instead of text. This technology has the potential to revolutionize the way people search for information and could lead to new opportunities for the Information Search & Retrieval Service industry.

NAICS Code 517810-10 - Information Search & Retrieval Service

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