Digitization of analytics and reporting capabilties for industry specific alternative data
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Objective
A European Union investment bank wanted to analyze restaurant industry data from food delivery websites to analyse trends and growth potential of restaurants.
Challenges
Sourcing and extracting alternative data for sector analysis.
Standardizing data due to inconsistencies between data sources.
Approach
Created a scheduled job to run a Python script to identify and download new data releases from food delivery websites.
Visualized outputs with Tableau-based location maps to highlight unique coverage areas.
Impact
Leveraged alternative data to estimate revenue potential through expansion in restaurant chain coverage
Digitised framework enabled quick scale-up to cover other geographies as well
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