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Could you tell us about what field this was? :-)
by wtracy 13y ago
Could you tell us about what field this was? :-)
- bane 13y agoIt was a competitive analysis field.
- javert 13y agoI'm really curious about your answer, but I literally don't know what that means, and Google is not helping. Perhaps you give some examples of fields that are competitive analysis fields? Or define "competitive analysis"?
- bane 13y agoAnything where you analyze a field of competitors. For example, competitive supply chain analysis where you study a competitor's supply chain to try and figure out various things about them. Can they lower their prices? Do they have alternative suppliers for xyz component? What happens if that component goes off the market and how does it impact their bom? How is that component shipped? What's the expectations of them keeping up with the state of the art for this product? etc. You can also do a human version and look at who in organizations are doing this and if you have enough information about their social network can sometimes predict behaviors of an organization like what suppliers they're likely to go with. There's lots of data providers for this kind of thing, and anything from press releases to shipping manifests can be used. There's a bunch of versions of this field and they can be interesting. But they're usually not known outside of the firms that really engage in them. If you're smart about it you can build very structured frameworks and plug in the information and get some insight out of it. Or you can just read lots of press releases and go with your gut like a glorified hedge fund manager. On the tech side you find lots of opportunity to model things and use NLP tools, mapping tools, that sort of thing.
- javert 13y agoThanks for your explanation, that's fascinating.