We're thrilled to announce that we’ve just completed the update of our G-Scores. We scored 5,377,175 companies and nearly 9 million company-industry combinations or 88% of our HQ/standalones and subsidiaries. Keep reading for more details about this update:
How Do G-Scores Work?
Our G-Scores are completed and assessed against key criteria sets, including firm, industry, and region. Our analysts examine hundreds of data points to complete our analysis using artificial intelligence continuously learning and evolving with the new iteration.
For a deep dive into the inner workings of how G-Scores work, check out our short interview with Gazelle.ai's Chief Economist, Dr. Hugh Kelley here.
What’s New With This 2021 - 2H Update?
The Q3 2021 G-Score update focuses significantly on the 2020 and 2021 economic impact of the pandemic, looking at the company's propensity to expand up to June 2022. Our team of economists and data analysts have incorporated monthly and weekly variables with a maximum of 4-month lag that covers regional and industry signals. These regional and industry signals include among others, employment, trade, supply chain, industrial production, and firm-level events. Some industries have shown to be more sensitive to these short-run signals than others.
In addition to these findings, Gazelle.ai analysts have discovered there is a high variance across the 22 scored industry sectors in terms of the share of high-growth firms. Depending on the industrial group, between 26% and 50% of companies are expected to have growth signals in the next 12-18 months.
Overall, close to 670,000 companies have received a G-Score of 4 or 5. Artificial intelligence (AI) interprets signals primarily grouped into three themes: industry, firm, and regional. In previous runs, regional variables dominated the theme, followed by firm and industry. The most recent run has seen a notable rise in the importance of industry variables at the expense of regional variables, putting all three groups on equal footing.
What’s Next?
In the upcoming months, we will be rolling out some additional updates:
G-Scores will be uploaded before year-end for companies that were added to the platform after October 2021.
We will also be adding more information to help you understand what contributed to the G-Score, and how different subscores impacted the overall rating.
And, later in 2022, we will be rolling out a new feature to help you better track the historical reporting of G-Scores.