LONDON--(BUSINESS WIRE)--Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of their latest competitive intelligence engagement for a manufacturing firm. During this engagement, the experts at Infiniti Research helped the client to identify strategies undertaken by their competitors to manage the rising challenges in the European manufacturing industry. Also, this article explains in detail the approach undertaken by the experts at Infiniti Research to help the client strengthen their position in the market and enhance market share by 19%.
The rising need to embrace automation, lack of skilled labor, globalization, and security threats are increasing challenges for companies operating in the manufacturing industry in Europe. Owing to such challenges, manufacturing firms are in the need to develop new strategies and invest into new technologies. Also, staying updated on competitors' business strategies and processes are becoming inevitable.
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The business challenge: The client is a heavy equipment manufacturing company based out of Europe. They faced huge competition from local players in the European manufacturing industry. In addition, they faced difficulties to retain skilled labor, employ cybersecurity measures, and embrace automation. As a result, they started losing their market share to competitors.
They approached the experts at Infiniti Research to leverage their expertise in offering competitive intelligence solution. By leveraging Infiniti’s competitive intelligence solution, the client wanted to analyze strategies of the top manufacturing companies in Europe and understand how they tackled the market challenges.
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The solution offered: By conducting a competitive intelligence study, the experts helped the client to analyze the top companies in the manufacturing industry in Europe. Also, the experts conducted market scanning and monitoring analysis, where they analyzed the market landscape and identified security threats in the European manufacturing industry. In addition, our experts also conducted a risk assessment and competitive benchmarking study.
The insights obtained from the engagement helped the client to gather comprehensive insights into the market and competitive landscape. Also, they were able to understand strategies adopted by the top companies in the European manufacturing industry to tackle the rising industry challenges. Additionally, they were able to strengthen their position in the market and enhance market share by 19%.
Infiniti’s competitive intelligence solution helped the client to:
- Develop a detailed understanding of the attractiveness of market opportunities for their product and service offerings
- Understand the strengths and weaknesses of their major competitors
- Wondering how your business can benefit from our competitive intelligence solution? Request more information from our experts!
Infiniti’s competitive intelligence solution offered predictive insights on:
- Analyzing the security threats facing companies in the European manufacturing industry
- Assessing markets’ readiness for new offerings, including new technologies and automation processes
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About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us