Data and Taxonomies

What kind of Data?

The data that kMatrix provides is comprehensive market intelligence, with metrics ranging from: sales, number of companies, employees, exports, imports, domestic market, forecast growth rates, new product sales, average number of new products, average spend on R&D and over 100 other metrics.

Our Data

Data is provided using a flexible approach. We can provide industry data at the smallest level, on a single product or service, useful for individual company development, through to full sector data encompassing thousands of activities.

Data can be provided on a global scale, by global region, global sub-region, country, country region, city, local authority or LEP scale, depending on client requirements.

We provide a variety of services and different depths of data depending on client needs:

  • Provision of pure data to consultants, enriching their offering to their own clients
  • Provision of data and market reporting to companies for in-house business development
  • Provision of data, reporting and consultation services for business development
  • Provision of data and structured reporting to governments on a variety of sectors
  • Profiling of new technologies/products for companies, universities and investors to assess the target market and/or find new market across different sectors
  • Competent persons assessments of large projects
  • Bespoke taxonomy development for specific markets - where a client requires a very narrow definition of a market, existing taxonomies of data can be altered, with products/services added or removed to create specific datasets, with optional reporting

Why a Taxonomy?

The kMatrix methodology is based around the production of a taxonomy, similar to that used for biological taxonomic ranking, with similar products and services being grouped together.

As an illustration, the sector is Low Carbon Environmental Goods and Services (LCEGS), which is then broken down into three Level 1 sub-sectors, one of which is Renewable Energy, which is in turn broken down into seven Level 2 sub-sectors, one of which is Wind that is then broken down into a further three Level 3 sub-sectors and so on:

How is a Taxonomy Arranged?

A taxonomy is arranged as a table, with each line representing the data at the level required. The table below shows the LCEGS sector used as an example in the diagram above, in tabular form to 'Level 2'. The complete dataset is 2,770 lines at Level 5, representing 2,769 different products and services within the sector and its chain of supply. The sales figures for the Low Carbon Level 1 sub-sector would be the sum of the Level 2 sub-sectors in the Low Carbon rows. Data can be provided in tabular form down to Level 5, or as a series of tables and graphs to the level of detail required by the client.

This method of arranging data allows a single line to be analysed for use during business strategy and development. Or larger segments of the sector to be analysed for policy development for example. In this way, the same data can have many different uses, depending on the analyst using it.

By using a taxonomy, which is a way of segmenting a sector, the sector can evolve over time, with redundant activities being removed and new technologies or processes being added.

Example Metrics

kMatrix provides a range of metrics applicable to full sector profiles, company profiles and individual technology assessments. We provide in excess of 65 metrics, including but not limited to:

  • Sales £m

  • Available Sales £m

  • Export Total £m

  • Available Exports £m

  • Imports and a % of Domestic Market

  • Global Market Share %

  • Global Share of Exports %

  • Exports by Country £m

  • Imports by Country £m

  • Share of Country Exports %

  • Number of Companies

  • Total Employment

  • New Product Sales £m

  • Market Growth

  • Forecast v. Actual Growth

  • Average Critical Mass £m

  • Average Return on Sales

  • Average Spend on R&D as % of sales

  • Number of Transactions

  • Regionality of Markets

  • Average project life cycle

  • Localisation of Chain

  • Supply Chain Loyalty

  • Market Requirement for Brand Strength

  • Brand strength required for Export Markets

  • Product Transferability to Export Markets

  • Product Ability to Meet International Standards

  • Average Product Range/ Spread- No. of products

  • No. of New Products per annum

  • New Product Success Rate %

  • Average Time to Market for New Products

  • Market Sector Planning Horizon

  • Market Risk of Substitution

  • Marketing Costs as % of Sales

  • Average Time to Maximum Sales

  • No. of Competitors

  • Technology Compression Rate %

  • Technology Life Cycle

  • Achievement of Regulatory Standards %

  • No of Stock Turns per Annum

  • Sector company Birth Rate % Total

  • Sector company Death Rate % Total

  • Financial Entry Barriers

  • Operational Barriers to Entry

  • Rate of new contracts per annum

  • Average Contract Duration mths

  • Scrap Rates

  • Machine uptime %