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  3. Step by Step guid to determine Total Addressable Market

GICS Aligned Analytics Organization (GAAO)

What is a GAAO on the Vogon Decentralized Cloud?

The Global Industrial Classification System, or GICS, has specified subindustries as part of the larger sector and comprises companies involved in various aspects of the industry. The demand for analytics in each subindustry is driven by the need to optimize operations, improve efficiency, reduce costs, enhance safety, and ensure regulatory compliance.
CrowdPoint has designed advanced long-term memory analytics tools that are organized as a GICs Aligned Analytics Organization (GAAO)

CrowdPoint has created a strategy allowing its growth using systems integration partners that provide advanced long-term memory analytics tools organized as GICs Aligned Analytics Organizations.  A GAAO offers numerous advantages.
  • Access to such advanced analytics tools allows users to gain insights into their data that were previously impossible, leading to more informed decision-making.
  • These tools can provide real-time analysis of complex data sets and patterns, enabling businesses to detect anomalies and trends and make informed decisions based on the data.
  • A decentralized cloud provider's reliance on advanced analytics tools makes the process much faster and more efficient than traditional methods. 
  • With a GICs Aligned Analytics Organization, companies can benefit from the collective knowledge of analysts and data scientists specializing in specific industries or domains. GICs can provide unique insights into the specific challenges and opportunities faced by companies in different sectors, offering valuable guidance to help organizations make informed decisions.
  • Users of the Vogon Cloud benefit as they can leverage the insights provided by specialized analysts and data scientists to optimize their workflows, streamline processes and stay ahead of the competition.
  • Integrating advanced long-term memory analytics tools into decentralized cloud providers through a GICs Aligned Analytics Organization provides significant benefits, including faster and more efficient data analysis and access to specialized insights from experts.
  • Companies using such a cloud service can gain a competitive edge by leveraging the latest technologies to make better data-driven decisions, ultimately leading to improved business outcomes.
At CrowdPoint, we have followed a process that would show the benefit of building or owning a GAAO.  The Company followed the approach of first defining the Total Addressable Market (TAM) for Each sub-Industry.  In order to to estimate the TAM for analytics in a given subindustry, you can consider the following factors:
  • Size of the industry: Determine the total revenues generated by the specific subindustry, which can be found in industry reports or financial databases.
  • The adoption rate of analytics: Estimate the percentage of companies in the subindustry likely to adopt analytics solutions. This can be based on existing adoption rates or trends in the industry, as well as factors like digital transformation and technology maturity.
  • Average spending on analytics: Determine companies' average expenditure on analytics solutions in the specific subindustry. This can be done by analyzing historical spending patterns or by benchmarking against other industries with similar characteristics.
  • Growth rate: Consider the projected growth rate of analytics adoption in the specific subindustry. Technological advancements, regulatory changes, and market dynamics can influence this.
By multiplying the size of the specific sub-industry by the adoption rate, average spending on analytics, and growth rate, you can estimate the TAM for analytics in a sub-industry. Remember that these calculations will be based on assumptions and vary depending on the data sources and methodologies used.