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The classification is at the heart of Kompass know-how since its creation. It constitutes a precious tool as it structures the information.
An efficient and simple structure
Kompass classification is structured upon 3 levels: sectors, fields and products.
The first level refers to a series of 67 business sectors and includes 2 numbers. For instance, the wood industry is coded 14.
The second level corresponds to sub-sectors, namely sectors that can specify more precisely the activity. There are identified by a 5-digit code. For the wood sector, the code 14040 characterizes the tropical wood logs.
A third level, related to sub-sectors, lists the products and services with a 7-digit code: 1403007 refers to teak wood logs.
In order to optimize the user’s search, Kompass has established 15 major families encompassing all the sectors. With a precise title like Food Industry, Energy/Environnement or Chemistry/Plastic/Health, they facilitate the use of the classification.
A progressive structure
These levels have evolved over time according to the global economy and technological innovations.
At the time of its creation, the classification was mostly about the industrial sector, at the heart of the economic activity after WWII. Little by little, it was reviewed and enriched. In 2013, its thirteenth version was updated. On the initiative from specialists, some sections, connected to sectors that recently evolved, were entirely restructured and the wording simplified.
On a daily basis, the whole Kompass network mobilizes to contribute to the updating and the improvement of the system, in order to meet the expectations of the global market and guarantee maximum clarity to the user.
A worldwide database structure
Each company is listed in the database according to its overall activities. Thus, Kompass guarantees to its users precise information about the companies know-how. Other national classifications such as the NAF (French Classification of Activities) are not in a position to offer this service.
Moreover, as the classification was homogenized to global scale, the user can search for a company in France and abroad. With only one click and in his mother tongue, he can target a company according to its activity in nearly 70 countries.
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