Alternative Data Report
: Analysis on the Market, Trends, and TechnologiesThe alternative data ecosystem is experiencing significant evolution, driven by the integration of non-financial payment reporting data into credit files. This integration is revolutionizing economic policy decisions and financial analysis, providing insights beyond traditional financial metrics. With over 500 companies operating within the sector, alternative data has a strong presence across various industries, including Financial Services, IT, Software Development, and Investment Management. Key trends include increased interest and investment, with the sector attracting approximately $1.9 billion in funding. Despite a decline in news coverage, alternative data maintains market visibility and demonstrates growth potential, with a notable workforce of over 22,000 employees. The sector’s positive trajectory indicates a steady influx of new market players and a stable job market, positioning it for further expansion and innovation.
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Topic Dominance Index of Alternative Data
To identify the Dominance Index of Alternative Data in the Trend and Technology ecosystem, we look at 3 different time series: the timeline of published articles, founded companies, and global search. These timelines are normalized and combined to show a comprehensive view of the Alternative Data evolution relative to all known Trends and Technologies.
Key Activities and Applications
- Integration of telecom and energy utility payments into credit files for enhanced credit assessment processes.
- Application of alternative data in diverse industries, from Financial Services to Investment Management.
- Development and provision of proxy solutions, big data analytics, and AI technology for predictive insights.
- Use of alternative data in investing, with a focus on collecting financially relevant data for actionable insights.
Emergent Trends and Core Insights
- Surge in sector interest and substantial funding, indicating confidence in alternative data solutions.
- Growth in employee numbers and retention rates, reflecting a stable job market and industry health.
- Expansion of alternative data's scope, correlating with big data and data analytics.
- Notable annual growth rates in funding and news coverage, despite recent coverage decline.
Technologies and Methodologies
- Advanced AI and machine learning for data-centric technologies and real-time social media analysis.
- Cloud-based data warehousing, self-service BI, targeted predictive analytics, and managed data services.
- Innovative use of location tech for alternative data in monitoring people flow and fintech applications.
- Development of platforms for automated due diligence and investment decision-making.
Alternative Data Funding
A total of 150 Alternative Data companies have received funding.
Overall, Alternative Data companies have raised $1.9B.
Companies within the Alternative Data domain have secured capital from 587 funding rounds.
The chart shows the funding trendline of Alternative Data companies over the last 5 years
Alternative Data Companies
The Companies feature is a crucial part of TrendFeedr. It offers in-depth information about 516 companies working within Alternative Data and other trends and technologies. Identify and analyze innovators and key players in relevant industries more easily with this feature.
516 Alternative Data Companies
Discover Alternative Data Companies, their Funding, Manpower, Revenues, Stages, and much more
Alternative Data Investors
TrendFeedr’s investors tool offers a detailed view of investment activities that align with specific trends and technologies. This tool features comprehensive data on 121 Alternative Data investors, funding rounds, and investment trends, providing an overview of market dynamics.
121 Alternative Data Investors
Discover Alternative Data Investors, Funding Rounds, Invested Amounts, and Funding Growth
Alternative Data News
Stay informed and ahead of the curve with TrendFeedr’s News feature, which provides access to 2.8K Alternative Data articles. The tool is tailored for professionals seeking to understand the historical trajectory and current momentum of changing market trends.
2.8K Alternative Data News Articles
Discover Latest Alternative Data Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications
Executive Summary
Alternative data stands as a dynamic and evolving sector with a significant impact on the broader data ecosystem. Its strategic importance is underscored by its potential to enhance decision-making and risk assessment across various industries. Companies are leveraging sophisticated technologies and methodologies, such as AI, machine learning, and cloud computing, to extract value from alternative data. The sector's robust funding, market interest, and workforce growth signal a promising future. As alternative data continues to integrate into different sectors, it is poised to drive expansion and innovation, offering valuable insights that transcend traditional financial analysis.
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