Statzon, a market research database that provides tables and charts, is available for licensing. The service aggregates government and private industry research from over sixty sources, with plans to support over 100 sources by the end of this year. Charts are available for over one million topics across 4,500 business topics.
Searching is performed via a simple search box with type-ahead suggestions. Once the topic is selected, users may filter by location, trades (e.g. Output, Export, Import, Consumption, Companies), scales (units), and providers. For example, Statzon offers global and country-specific beer industry data from five vendors.
Users may switch between line, bar, and pie charts. A slider bar, underneath the charts, allows users to limit the scope of the data display, either to focus on sections of the graph serially or to restrict the period of a time-series chart. Values and titles are displayed while mousing over the chart. Licensed data may be downloaded as an image or an Excel table. Each licensed table includes the scope, definition, methodology, data provider, publication date, and expiration date.
Statzon is priced at €5,600 per annum for five seats. Government data is available at no additional charge, but private research tables may be subject to an additional €50 fee, which is charged via Stripe to a credit card. Users may include chargeback codes for project assignments or client billing.
This hybrid model works fine for consultative industries with chargebacks such as management consulting, investment banks, and consulting firms, but is problematic for industries or job functions where the charge either has to be approved or paid by the end-user. A secondary issue is one of the data structure. If the user is looking to analyze data by region, but it is only available by time for countries, users would have to license and download multiple reports to build the desired table. This could be both expensive and time-consuming. Statzon should look at licensing all research from a vendor (either as a contract passthrough or directly from Statzon). Licensing all research on a topic (e.g. Petroleum industry data for an additional fee) would also be a valuable premium pricing option.
Free content is focused on commodities, which are tracked by government agencies. Thus, there are nearly 1,000 government tables available for rice, but the 26 IoT reports all require additional fees. For those unwilling or unable to pay for premium tables, there is a filter that restricts the display to licensed content. However, there is significant value in the free datasets which are gathered from national and international agencies, including the United Nations, World Bank, OECD, International Monetary Fund, US Energy Information Agency, and Eurostat.
Statzon is a pre-revenue company with funding from angel investors and a Finnish VC. It shows a great deal of promise as a research portal for government and market research data but is still in the early stages of its development. CEO Kimmo Kuokkanen described Statzon as “the fastest way for consultants, analysts, investors, financial industry professionals, media personnel and academic people to access the needed data and gain insights about market size, trends, future outlook, market drivers, major players, etc.”