NAICS Code 518210-08 - Data Processing Service

Marketing Level - NAICS 8-Digit

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NAICS CODE 518210-08
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NAICS Code 518210-08 Description (8-Digit)

Data Processing Service is a subdivision of the NAICS Code 518210 that involves the processing of electronic data by third-party service providers. This industry includes a range of activities such as data entry, data conversion, data analysis, data mining, and data warehousing. Data Processing Service providers offer their services to a variety of clients, including businesses, government agencies, and non-profit organizations. The primary goal of this industry is to provide efficient and accurate data processing services to clients, which can help them make informed decisions and improve their operations.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 518210 page

Tools

Tools commonly used in the Data Processing Service industry for day-to-day tasks and operations.

  • Optical Character Recognition (OCR) software
  • Data extraction software
  • Data cleansing software
  • Data analysis software
  • Data visualization tools
  • Data warehousing software
  • Database management systems
  • Cloud computing platforms
  • Business intelligence tools
  • Machine learning algorithms

Industry Examples of Data Processing Service

Common products and services typical of NAICS Code 518210-08, illustrating the main business activities and contributions to the market.

  • Financial data processing
  • Healthcare data processing
  • Insurance claims processing
  • Market research data processing
  • Customer data processing
  • Human resources data processing
  • Inventory data processing
  • Logistics data processing
  • Social media data processing
  • Scientific data processing

History

A concise historical narrative of NAICS Code 518210-08 covering global milestones and recent developments within the United States.

  • The Data Processing Service industry has a long history dating back to the 19th century when the first mechanical tabulating machines were invented. The industry has since evolved with the introduction of electronic computers in the mid-20th century, which led to the development of mainframe computers and the emergence of data processing services. In the 1970s, the industry experienced significant growth with the introduction of minicomputers and the development of time-sharing systems. The 1980s saw the rise of personal computers, which led to the development of client-server architectures and the emergence of local area networks. In recent years, the industry has been transformed by the growth of cloud computing, big data analytics, and artificial intelligence. In the United States, the Data Processing Service industry has a more recent history, with significant growth occurring in the 1990s and early 2000s. The industry has been driven by the growth of the internet, e-commerce, and the increasing demand for data storage and processing. In recent years, the industry has been transformed by the growth of cloud computing, which has led to the development of new business models and the emergence of new players in the market. The industry has also been impacted by the increasing focus on data privacy and security, which has led to the development of new technologies and services to protect sensitive data.