Automate the process of collecting sector data pre-Groupon IPO. A high-profile NYC-based hedge fund approached Velocity Growth for data monitoring, product pricing comparisons across 5 separate websites.
Velocity Growth developed an automated data collection, extraction and reporting system. Alongside its hedge fund clients, the company developed real-time financial estimates for Groupon (GRPN), Travelzoo (TZOO), OpenTable (OPEN) and others to determine real-time quarterly revenue run-rates and spikes in eCommerce activity.
Automated Data Processing
Velocity Growth built automated collection, normalization and reporting systems optimized for financial services and banking professionals. Real-time insights have hard dollar implications.
Clean and Verify
Velocity Growth built a variety of data scripts and automated regular expression systems to normalize as much data as possible.
We created a an event feed that traders can use to monitor:
- velocity changes in online sales momentum
- new product offerings and product stock outs
- and other changes to site portfolios