APPARATUS AND METHOD FOR AUTOMATIC ASSIGNMENT OF INDUSTRY CLASSIFICATION CODES

摘要

A system and methods for automatically assigning of classification codes to a business based on information about the business collected from the Internet are provided in which data extracted from trawling the Internet is compared to a node structure based on a taxonomy of a selected business classification code system.

主权项

1. A system for automatically assigning a business classification code to a company, comprising:
a web data collection program configured to trawl the Internet, locate and extract data relevant to the company; a business classification analysis program configured to generate a node structure corresponding to a selected business classification code system and to compute a taxonomy word histogram based on the node structure; a web data analysis program configured to generate an extracted word histogram corresponding to the presence of selected data elements within the extracted data relevant to the company; a business classification code assignment program configured to determine a first list of matches for the business classification code for the company by comparing a normalized scalar product of the taxonomy word histogram and the extracted word histogram to a predetermined threshold.