NACE is the European Union’s standard classification system for economic activities, used to categorize businesses for statistics, business registration, and regulatory compliance. This hub covers what NACE codes mean and how AI tools are making it easier for businesses to find and assign the right one.
NACE is Europe's standard classification of economic activities. Here's what the codes mean, why businesses are assigned one, and how AI tools are now making it easier to find the right one.
Read more →Geostat says it now uses AI across data processing, methodology and software work, backed by a public chatbot and a new tool that assigns business-activity codes.
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