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What does the Kompass Classification System mean?

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What does the Kompass Classification System mean?

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The Kompass Product and Service Indexing System is comprehensive and effective. Developed over the past 50 years, it has recently been revised and is now standardized worldwide. A central classification team regulates the numbering and naming of the products and services. New products and services are added to cover emerging technologies and industries. An editorial team screens all the new indexing terms and verifies the accuracy of the translations. English is the reference language, but the indexing terms are available in close to 40 languages; therefore users can search for products and services using technical terms in their own native languages. The Kompass Classification contains over 54.000 Kompass Classification Codes arranged in a hierarchical structure.

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