Listed here are the most common questions we receive re: the Global 5000 database.

How often is the database updated?

Each company record in the database is updated at least once a year normally when their annual results are reported. Companies that have a material transaction (such as an acquisition, merger or spin-off) we will update the company info at the completion of that transaction.

How do you calculate revenue from various reported currencies?

For each company reporting revenue in their local currency, we convert that reported revenue to US dollars based on the exchange rate for that particular 12 month period so that all revenues shown in the Global 5000 database are expressed in USD.

Do you use industry SIC or NAICS codes?

We use a hybrid and have modified some of the industry classifications to better fit a marketing and sales view. Each company is assigned a segment code representing most of the business (revenue) of the company, Then segments are rolled up to industry codes. A list of the segment and industry schema is available on request.

Are the company records just at the HQ location – or are there other options?

All the company data is for the total company/enterprise and the address is that of the headquarters. We do not have individual locations or sites. The focus with the Global 5000 database is for those marketing and sales operations selling at the company level and not at individual locations.

What information is available on each company in the Global 5000 database?

Essentially all the main firmagraphic information is available. You can find a sample file of a few records HERE. 

What are the main uses/applications for the Global 5000 databases? How do the clients use the database?

From our discussions with clients, they are generally using the database for 3 primary things:

 1) Aligning key sales resources – in most cases, the company does not have an indicator in their CRM/marketing db to know which records belong to “big guys” Consequently, they worry about assigning more junior reps to big accounts and not having their most experience folks on the major companies. Therefore, they bring in the Global 5000 and use our data to append to their existing records.

2) FOMO – a number of companies do not have a list or research function to keep track of the largest companies & they want to make sure that (in their efforts to approach the market) they are not missing any of the largest.

3) Matching & cleaning up the mess – a number of clients recognize that their internal CRM data needs cleaning up. Many different hands have added records and there is no resource to keep the data clean, merge duplicate records and delete those that are no longer active. In essence it is easy to add records – no one is motivated to take records out, so our database is used to match to existing records and help identify records that need to be cleaned.

 If you have any questions, please email info@TheGlobal5000.com 

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