Are you a beginner who wants to learn how to check SIC codes using an API? We’ll explain how to do it and which API is the best for novices in this article.
The Standard Industrial Classification (SIC) is a classification that is widely used in business. Each company and its industry are uniquely identified by their SIC codes. It can be used by many businesses within the same industry to recognize one another. The US government additionally gathers economic statistics using the SIC code. Businesses can submit economic statistics to the government using the SIC code. The SIC code aids businesses in locating their rivals.
You must utilize a certain tool known as an API (Application Programming Interface) in order to use this data. This software enables you to access information from many operating systems or programs. In this instance, we’ll talk about a Search SIC Code API, which enables developers to learn more about company codes and the industries to which they relate. Because it enables you to learn more about other businesses in your industry, this kind of API is very beneficial for newcomers who have only recently begun working in that field.
The four-digit SIC code is made up of two letters and two numbers. The industry is represented by the first two digits, and the sub-industry by the last two digits. For instance, a company that has the SIC code 1711 is in the mining industry. Mining is represented by the first digit (17), and oil and gas extraction is represented by the second digit (11).
Since they contain a wealth of data on a company’s operations and financial situation, the SIC codes are essential for any organization. This information can be used to assess a company’s financial health and decide whether it is a smart investment. It can also be used to determine which markets a company ought to concentrate on in order to expand.
SIC Codes LookUp API
Standard Industrial Classification (SIC) codes are four-digit numerical codes assigned by the U.S. government to business establishments to identify the primary business of the establishment.
Each and every company will have a primary SIC code. This number indicates a company’s primary line of business. What determines a company’s primary SIC code is the code definition that generates the highest revenue for that company at a specific location in the past year. This API will allow you to look up for businesses by their SIC code. Also, you will be able to retrieve the company’s SIC and NAICS code by searching by company name.
To Make Use Of It, All You Have To Do Is:
- Go to SIC Codes LookUp API and simply click on the button “START FREE TRIAL” to start using the API.
- After signing up in Zyla API Hub, you’ll be ready to start using the API!
- Employ the different API endpoints depending on what you are looking for.
- Once you meet your needed endpoint, make the API call by pressing the button “test endpoint” and see the results on your screen.
With this API you have the possibility to choose between three Endpoints: “Get Companies by SIC Codes”; “Get Company Data by Company SLUG”; “Search Companies by Name”. In this case, we are going to pick the “Get Companies by SIC Codes” Endpoint and see how it works:
{
"sic_code": 7374,
"naics_code": 518210,
"results": {
"details": {
"sic_details": "SIC CODE 7374 - Computer Processing and Data Preparation and Processing Services",
"naics_detail": "NAICS CODE 518210 - Data Processing, Hosting, and Related Services"
},
"companies": [
{
"company_name": "Google Inc",
"company_name_slug": "google-inc",
"company_city_state": "Mountain View, CA, 94043 US"
},
{
"company_name": "Amazon.com Inc",
"company_name_slug": "amazon-com-inc",
"company_city_state": "Seattle, WA, 98109 US"
},
{
"company_name": "Seagate Technology Inc",
"company_name_slug": "seagate-technology-inc",
"company_city_state": "Cupertino, CA, 95014 US"
},
{
"company_name": "Intuit Inc",
"company_name_slug": "intuit-inc",
"company_city_state": "Mountain View, CA, 94043 US"
},
{
"company_name": "Definition 6, LLC",
"company_name_slug": "definition-6-llc","company_city_state": "Atlanta, GA, 30324 US"
},
{
"company_name": "Bridgevine Inc",
"company_name_slug": "bridgevine-inc",
"company_city_state": "Vero Beach, FL, 32960 US"
},
{
(...)
As you can see in the response, after you introduce the SIC Code, it will give you information about the different companies you asked for. Because the response was too long to display, we had to cut it.
When given a known SIC code, this Company Search API will provide a list of the top 100 businesses that correspond to that code. This indicates that you will get the best businesses associated with that business style. Get further details as well, such as the NAICS code. Also, be able to retrieve additional information like the state location of the company, revenue volume, and years on the market.