QVARTZ becomes the majority shareholder of an India-based market research company and takes advising within maritime, energy and cleantech to the next level.
MEC Intelligence is a global strategic and market growth process support company that provides knowledge and insights into the maritime, energy and cleantech industries through its delivery centres in India, Denmark and China.
In January 2013, a partnership was formed between QVARTZ and MEC. MEC Intelligence offers domain knowledge, i.e. profound knowledge about global markets and growth opportunities within the maritime, energy and cleantech sectors. QVARTZ has a strong track record of advising companies in these sectors, on a strategic and operational level, about adapting to and thriving in the turbulent market conditions of today.
The sector focus of the two companies is an excellent match, and the partnership will become a paramount knowledge hub with experience, insight and references that put the constellation in a league of its own within the maritime, energy and cleantech sectors. MEC Intelligence’s clients include leading industry corporates, private equity firms and professional services firms and the company has worked with heavyweights such as Shell and Grundfos. QVARTZ’s clients count DONG Energy, A.P. Møller – Mærsk, Statnett, Statkraft and Vestas, among others.
“Scandinavian companies must become better at transforming their knowhow within maritime, energy and cleantech in order to attract investments, seize global growth opportunities and create new jobs. But it’s difficult for companies to identify growth opportunities and react fast enough to keep ahead of competition. In this context, knowledge is an invaluable asset”, says Thomas G. Arentsen, head of QVARTZ’s energy practice. “Reliable and tailored market analyses are needed, and Scandinavian businesses know that. We see a rise in demand among our clients. And if you think that all Indian companies only provide cheap labour, think again. Some Indian companies, MEC Intelligence being one of them, are among the best within market research, and it takes a high degree of specialisation to get the needed depth and geographic spread in the analyses.”