01 · Onthos Intelligence

Industry Classification

Who does what, by how much.

Theia Insights Industry Classification (TIIC) maps company operations across evolving industries and themes, showing who does what by how much with 13+ years of global coverage.

TIIC shows the full picture of what companies do, beyond just revenue. Covering global markets with 13+ years of history, it offers a dynamic taxonomy and a detailed breakdown of ‘who does what by how much’ — revealing business activities a single label misses.

Key features

50,000+ public companies

One-to-many mapping

Self-learning taxonomy

Coverage

TIIC taxonomy & coverage

Five tiers of taxonomy, from 10 sectors down to 3,200+ micro themes, applied consistently across public and private markets.

10Sectors
23Industries
80Sub-industries
245Major themes
3,200+Micro themes
Public companies

50,000+

Global coverage across all market capitalisations and regions. 13+ years of historical data, with monthly updates on company exposures and quarterly updates on taxonomy micro themes. Powering indices of leading index providers, used by leading banks, asset managers and hedge funds worldwide.

Private companies · Coverage growing & on demand

33,000+

Private companies classified with the same five-tier taxonomy across their business activities: products and services, CapEx/R&D, target markets, partnerships. Coverage is never a ceiling: we are actively expanding the universe, and new companies can be classified on demand.

Documentation

TIIC documentation

Companies often operate across multiple industries and themes, requiring precise mapping of their true business activities. See our documentation below.

Classification in action

What a company actually does

TIIC quantifies business activities (products and services, R&D and CapEx, target markets and use cases, partnerships and acquisitions) across five tiers of taxonomy, from 10 sectors down to 3,200+ micro themes. The examples below show a sample of each company's top Major theme and Micro theme exposures (data as of June 2026).

Uber

Major themes
Taxis & Ride-Hailing24%
Freight & Cargo Logistics16%
Distribution & Delivery Management15%
Mobile Applications15%
Micro themes
Ride-Hailing & SharingRestaurant Delivery PlatformsOnline Food & Grocery Ordering PlatformsLast-Mile Delivery Services

Thales

Major themes
Aerospace30%
Cybersecurity22%
Defense Technology & Products22%
Aerospace & Science Satellites6%
Micro themes
Defense Communication SystemsAerospace Defense TechnologyAvionicsCybersecurity Consulting

Use cases

Screening

Thematic screening

Screen companies by what they actually do at any level from sectors to micro themes, with positive, negative or multi-theme filters. Each company qualifies on exposure rather than keywords.

Portfolio construction

Portfolio exposures

See the hidden thematic exposures of a portfolio or fund, then construct and rebalance thematic or multi-thematic portfolios weighted by exposure.

Comparables

Peer analysis

Find a company's true peers by its holistic business activities rather than a single label, and construct a comps set across public and private markets.

Trends

Theme trends

Track how exposures move over 13+ years of history, watch a theme build across the market, and catch themes the moment they emerge.

Map what companies really do

Getting started with Onthos