Changelog
Follow up on the latest improvements andย updates.
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Weโre excited to share the latest data enhancements summary we rolled out in September! Our ongoing efforts to improve industry classification, hierarchy accuracy, and data coverage ensure you receive the most relevant and actionable insights for your business. ๐ผ๐
1.๐ข
Industry Code Remapping for Enhanced Precision
Weโve remapped industry codes using high-confidence LinkedIn data to ensure that companies in DACH (Germany, Austria, Switzerland) are classified more accurately by industry. This first pass focuses on companies with over 10 employees, ensuring better precision and actionable insights for your prospecting. ๐ฏ
275,000 companies in DACH now have updated WZ/NACE industry codes.
Result
: The number of incorrect industry classifications has dropped from 24% to 4%, making industry targeting more reliable than ever.With these improvements, youโll be able to refine your targeting strategies and connect with companies that are more relevant to your business goals. ๐ค
- ๐ Enhanced Hierarchy Accuracy for Better Targeting
Our hierarchy classification system saw ongoing updates throughout September, making it easier to identify decision-makers in key roles like middle and top management. This ensures youโre engaging with the right people at the right time. ๐
US Middle Management Contacts:
Grew by 43.34% (+3.78 million), making it easier to connect with influential decision-makers. ๐ฌNorway Top Management Contacts:
Increased by 230.03% (+1.67 million), providing you with greater access to high-level executives. ๐ขUK Middle Management Contacts:
Increased by 18.54% (+374,195), boosting your ability to engage with mid-level executives.These updates empower you to focus your outreach on the people who can drive decisions within their organisations. ๐ก
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Public Data Expansion for US Companies
Weโre continuously enhancing the depth and accuracy of public industry data, particularly for US companies. This provides you with more granular insights into what industries companies operate in, helping you sharpen your prospecting efforts. ๐
Public Industry Data (US)
: Increased by 103.4% (+4.47 million records), providing richer industry insights for US companies. ๐This boost in data coverage ensures that you can access more relevant insights, making your sales and marketing strategies more effective. ๐ช
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Notable Regional Updates
Weโve made several updates across different regions, further improving the accuracy and coverage of company and contact data. ๐
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US
:Company URLs: +939,859 new records, improving web presence insights. ๐
Unknown Employee Range: Decreased by 39.87%, providing better visibility into company size. ๐งโ๐ผ
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Norway
:Top Management Contacts: +1.67 million, giving you more opportunities to engage with key decision-makers. ๐
Employee-Level Contacts: Decreased by 47.66%, as we reclassify employees into more specific roles. ๐
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Sweden
:Top Management Contacts: +577,203, boosting your ability to reach senior leaders. ๐ฏ
Employee-Level Contacts: Decreased by 25.05% due to classification improvements. ๐
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Whatโs Next?
Hereโs a look at the exciting updates we have planned in the near future:
Further Expansion of Industry Code Remapping:
Weโll be expanding this initiative to more regions and company sizes, ensuring that industry classifications are as precise and accurate as possible, helping you connect with the right businesses. ๐Website Accuracy Enhancements:
One of the most highly requested improvements is on the way! Soon, weโll be releasing an update that significantly improves the accuracy of the websites we assign to companies. Stay tunedโthis is a game-changer for many of you. ๐Department & Hierarchy Classification Enhancements:
Behind the scenes, weโre working on a major update that will improve the accuracy and coverage of contact departments. This will resolve cases where contacts may not be tagged in the right department, ensuring you reach the right people in the right roles. ๐ผimproved
fixed
Data Enhancement
Sales Intelligence
Enhanced Data Accuracy and Hierarchy Updates
We are excited to share critical updates that enhance the accuracy and reliability of our company and contact data. These improvements are designed to empower your sales and marketing teams with more precise and dependable information.
Data Quality Enhancements
Improved Hierarchy Classification:
We've made significant improvements to how contacts are classified into management levels, ensuring more accurate targeting of top and middle management contacts. This update affects data across DACH, BENELUX, NORDICS, US, and UK regions, providing better segmentation for decision-makers.
Enhanced Financial Data:
Our financial data has been expanded with improved accuracy in company revenue reporting and liquidation statuses, offering deeper insights into company performance. This impacts a large number of companies across all core regions.
Regional Data Updates
- DACH: Increased accuracy in middle management classification, with 36.4% growth in middle management contacts and a slight reduction in employee-level contacts.
- BENELUX: Substantial improvements in middle management classification, with a 54.1% increase, while employee contacts decreased by 9.1%.
- NORDICS: Major updates to contact classification, with middle management contacts increasing by 90.3% and top management contacts by 119.2%.
- US: Middle management contacts saw a 64.4% increase, improving your ability to target decision-makers more effectively.
- UK: Middle management contacts grew by 68%, while overall contact volumes saw a reduction, aligning with our enhanced classification processes.
Benefits for You
More Accurate Targeting
: With improved hierarchy classification, you can better target the right decision-makers, making your prospecting more efficient.Enhanced Financial Insights
: Expanded financial data gives you a more detailed and reliable view of company performance, enabling more informed decisions.With this release, we've achieved significant data quality improvements across DACH, BENELUX, NORDICS, US, and UK. We hope these updates enhance your experience and improve your prospecting efficiency. Thank you for your continued trust and partnership.
improved
Data Enhancement
Enhanced Data Accuracy and Coverage Updates
We are delighted to share some critical updates that enhance the accuracy and reliability of our company and contact data. These improvements are designed to empower your sales and marketing efforts with more precise and dependable information.
Data Quality Enhancements
- Improved Parent Company Data:We've resolved issues where group parent companies previously displayed lower revenue and headcount values than their subsidiaries. This correction ensures our data is more accurate and trustworthy.
- Major Impact on Headcount Data:We have made significant improvements to headcount data, especially in Germany and Austria, impacting up to 50% of companies. These enhancements ensure higher quality and accuracy.
- Enhanced Revenue Accuracy:We have improved the accuracy and coverage of revenue data by adding more public data sources, resolving bugs, and enhancing our matching algorithms. This update impacts approximately 20 million companies, providing you with more accurate and reliable insights.
- Enhanced Contact Accuracy:We have improved the accuracy and freshness of contact data by refining our processes and resolving key issues. This update impacts approximately 2 million contacts, ensuring you have the most current and reliable information for your prospecting needs.
Data Coverage Expansions
- UK and Denmark:We've increased the number of companies in the UK and Denmark by 311,000 and 263,000 respectively providing more opportunities for targeted prospecting.
- Sweden:In Sweden, we've added 76,000 more companies, along with 49,000 more companies with VAT IDs and 77,000 more companies with Registration IDs. This expansion significantly broadens our data coverage, and we are continuously working to provide even more detailed insights.
Benefits for You:
- Company Surfacing:More companies now meet search criteria, making it easier to prospect for companies.
- Enhanced Reliability:The corrected data for large volumes of companies provides more accurate information for your prospecting needs.
With this release, we've achieved significant data quality improvements in key regions, including
DACH, BENELUX & NORDICS
. We hope these updates enhance your experience and improve your prospecting efficiency. Thank you for your continued trust and partnership.