IC Press Release

New IC Tool Brings Quick Access to Import & Export Data in the EU

Interconnection Consulting has developed an interactive and user-friendly business intelligence tool to improve and accompany its clients’ decision-making process. The data of this market information system is extracted from Eurostat, the statistical office of the EU, and processed in a user-friendly way for the clients.

Big Data For IC Clients

„Germany remained the top exporting country in the EU during the pandemic“. „In 2020, the Netherlands overtook Germany in recreational boat exports to become the third largest exporter of yachts & sailboats“. „April 2020 showed a 30% decline in export goods in the business sectors analysed“. Such information and many others regarding trade volumes, imports and exports or national accounts can now be provided by Interconnection in a clear and easy-to-use way with its new tool for its clients as part of its Big Data project “IC Market Information System“. „The data that is easily retrievable through the tool is information that is normally extremely difficult to access and analyse, as it usually requires data preparation and tedious data integration,“ explains Jan Hudak, Managing Director of Interconnection Consulting. With the new tool, clients avoid this time-consuming hassle when it comes to retrieving current trade statistics, data on international trade or trade relations, thus generating a time and information advantage over the competition.

Clear and Easy to Use

The new tool integrates import and export data from Eurostat into a single source. The user can retrieve the data quickly and easily. Complex correlations are depicted in clear graphics. The software provides several dashboards that clearly present the information. Data analysis is facilitated by quick interactive filters that allow the user to quickly scroll up and down. In addition to all the assets in the HS Code, the Big Data software can be used to perform product classifications in areas in which Interconnection Consulting has itself acquired expertise over many years, such as fire barriers, flooring, boats, panels, insulation, windows & doors.

Link to the report

02/03/2022

Copyright: Interconnection, Publication free of charge for coverage regarding the study and InterConnection Consulting.

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