Concept Model
This conceptual model provides a structured framework to classify and organize sector-specific economic data through a hierarchical system of entities: sector groups, value chain links, product categories, industries, product groups, and products. Its primary purpose is to establish a clear and consistent taxonomy that captures the diversity and complexity of business activities and offerings within each sector.
By delineating distinct entities such as value chain links—which represent core business activities—and product categories—which group related services and tools, the model facilitates precise mapping of industries and their associated products. This enables effective filtering, segmentation, and enhanced data discoverability on the platform.
Entities
Sector Group: Represents the top-level classification of the business domain.
Value Chain Link: Represents distinct stages or activities in the sector’s value chain. Each VCL is agnostic to its sector group.
Product Category: Represents broad product classifications within the sector. Each product category is agnostic to its sector group.
Industry: Represents specific sub-sectors or market segments within the sector group. Each Industry belongs to exactly one Sector group.
Product Group: Represents logical groupings of related products within an Industry. Each product group is specific to its Industry.
Product: Represents the individual product items. Each product is specific to its product group.
Value-chain links
Product Categories
