IDS Case Study: Using Internet Scraping to Increase Profitability

By Keiter CPAs

IDS Case Study: Using Internet Scraping to Increase Profitability

Challenge and Opportunity

A technology company that sold aggregated data was seeking a way to collect data at scale in order to lower overhead costs. Instead of manual scraping, they needed an automated system to do it.

 

Approach

  • The client was spending approximately $10,000-$20,000 a month on data for its platform.
  • Using AWS Lambda and Python, our team was able to build the client a customized tool that could scrape data from the internet at scale.
  • The tool was more efficient and could collect more data in real-time while integrating it into the client’s API.

Results

The tool works effectively and saves the client hundreds of thousands of dollars in data collection fees.

 

View All IDS Case Studies >

 

Learn More about our Innovative Data Solutions Services

 

Share this Insight:

About the Author


Keiter CPAs

Keiter CPAs

Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

More Insights from Keiter CPAs

The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.

Categories

Contact Us