Based on 12 reviews
Locus Analytics is an economic research firm based in New York City that studies networks of relationships between businesses, jobs, and products. They use linguistics, systems sciences, and graph theory to develop a framework for systematically describing economic entities across industry, scale, and geography. Their mission is to make the world's economic data broadly accessible and readily navigable using technology that helps individuals, companies, and governments understand and effect change in economies.
Some reviewers mention that the platform has helped them uncover hidden patterns and opportunities, optimize operations, and drive business growth. Others note that the analytical insights provided have greatly improved their decision-making processes and helped them make more informed business decisions.
The platform uses FISβ’ tools, which are Functional Information System tools that map businesses, products, and jobs based on their functional location in an economy. These tools organize economic activity into standardized layers of information and allow users to stitch together, visualize, and analyze information across different types of economic activity using functional attributes as reference variables.
Locus Analytics developed the Functional Classification System (FCS), a new multifaceted economic classification system that assigns economic entities a barcode. Unlike rigid hierarchical structures like SIC or NAICS, FCS applies a unified framework to classify both companies and occupations, allowing users to search and relate business information using any functional coordinate in the barcode as a key index variable.
The company offers a platform that allows users to compare, analyze, and diagnose how changes in functional locations in one local economy can affect other locations or even the global economy. This capability enables scale-based or local-to-local economy comparisons, helping users understand the impact of economic shifts on a broader scale.
The Locus Model is a theoretical framework that organizes and orders the components of an economy according to their functional roles. It defines an economic system as any system that produces a product, whether it be a worker, a company, or an industry, and identifies an essential set of parts that exists in all economic systems.
The Locus Activity Cycle describes the fundamental activities of all economic systems, enabling a more unified understanding of the economy's processes and relations. This model helps in analyzing the composition of industries and companies by identifying patterns and relations between multiple systems.
The platform allows researchers, policymakers, investors, entrepreneurs, and anybody interested in economic data to sort, splice, and analyze data in previously impossible ways. It provides a new platform for economic inquiry, data analytics, and functional intelligence for various stakeholders.
The platform is described as comprehensive and easy to use, providing valuable insights that help users make informed business decisions. It is designed to be accessible to those who are not data experts, making it suitable for a wide range of users.
The platform is built on the Locus Model and uses FIS tools to create a global map of local economies based on function. It provides a way to link and compare local economies on a global basis, offering context for each participant whether it is an industry, business, product, or job.
The company provides a platform that enables users to identify, locate, and relate each component based on functional attributes. This allows for a new and meaningful organization of knowledge about economic systems and the way we interact with the economy both as customers, suppliers, and participants.
Locus Analytics is located at 179 Franklin St, New York City, New York.
The official website of Locus Analytics is home.locus.
On Trustburn, Locus Analytics has a rating of 4 out of 5 based on 12 reviews.
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I recently started using a data analytics platform for my business, and I must say that I am impressed with the results. The platform is intuitive and easy to use, and it has helped me gain valuable insights into my business operations. The best part is that I don't need to be a data expert to make sense of the information. I highly recommend this platform to anyone looking to leverage data analytics for their business.
π I am extremely happy with the services provided by Locus Analytics. Their platform is easy to use, and the insights it provides have greatly impacted our decision-making process. The team at Locus Analytics is always available to assist and goes above and beyond to ensure customer satisfaction. Thank you, Locus Analytics! π
Locus Analytics has been instrumental in helping us make data-driven decisions for our business. The platform is user-friendly and provides valuable insights that have helped us uncover hidden patterns and opportunities. The support team is also fantastic, always available to assist and answer any queries. Highly recommended!
π Locus Analytics has been a game-changer for our business. The platform is intuitive and provides valuable insights that have helped us optimize our operations and drive growth. The support team is exceptional, always responsive and ready to assist. We are extremely satisfied with the services provided by Locus Analytics and highly recommend them. π
π Locus Analytics has exceeded my expectations in every way possible. Their team is not only highly skilled but also incredibly responsive and supportive. The platform they provide is user-friendly and has helped us streamline our data analysis process. I can confidently say that Locus Analytics has been instrumental in boosting our business performance. Highly recommended! π
Locus Analytics has transformed the way we analyze and interpret data in our organization. The platform is intuitive and provides valuable insights that have helped us optimize our operations and improve our business performance. The support team at Locus Analytics is also fantastic, always ready to assist and address any concerns. I highly recommend Locus Analytics for data analytics solutions.
Locus Analytics is an excellent company to work with. Their software solutions are top-notch, and their team is highly knowledgeable and efficient. I have been using their services for the past two years, and I must say that I am extremely satisfied with the results. The analytical insights provided by Locus Analytics have greatly improved our decision-making process and helped us drive business growth. I would highly recommend Locus Analytics to anyone looking for reliable data analytics solutions.
I recently started using a data analytics platform, and I must say that it has exceeded my expectations. The platform is user-friendly and provides comprehensive insights that have helped me make more informed decisions for my business. The support team at Locus Analytics is also excellent, always available to assist with any queries. Highly recommended!
I've been using Locus Analytics for a few months now, and I'm really impressed with the results. The platform is user-friendly and provides valuable insights that have helped me make data-driven decisions for my business. The support team is also responsive and always ready to assist with any queries. Highly recommended!
I recently started using a data analytics solution for my business, and it has been a game-changer. The platform is incredibly user-friendly and has allowed me to gain valuable insights into my business operations. I am impressed with the level of detail and analysis that the platform provides, and I can confidently say that it has helped me make better decisions for my business.
π Locus Analytics has proven to be a reliable partner for our data analytics needs. The platform is easy to navigate, and the insights it provides are invaluable for our decision-making process. The team at Locus Analytics is always responsive and helpful. I would highly recommend their services to anyone in need of robust analytics solutions. π
Locus Analytics has been a game-changer for our company. Their data analytics platform is comprehensive and easy to use, providing us with valuable insights that have helped us make informed business decisions. The support team at Locus Analytics is always available to assist with any queries or concerns, making the entire experience seamless. Highly recommended!
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Locus Analytics, an economic research firm based in New York City, studies networks of relationships between businesses, jobs, and products. Drawing from linguistics, systems sciences, and graph theory, Locus has developed a framework for systematically describing these economic entities across industry, scale, and geography.
Our mission is to use our technology to make the worldβs economic data broadly accessible and readily navigable. As part of our team, you will help build tools that enable individuals, companies, and governments to better understand, navigate, and effect change in economies.