Flatworld Helped a Mining Consulting Firm with Market Research and Business Development Support
The client is located in Vancouver, Canada and has served international mining project clients for more than 40 years. They work throughout 6 continents and have 45 offices to provide consultations involving use of earth and water resources. Their global expertise encompasses all mining stages to include exploration, resource estimation, mine planning, mine closure, and decommissioning. Additional mining projects entail mine safety, closure compliance, mine ventilation, mineral processing, extractive metallurgy, geology, and geotechnical engineering.
Challenges Faced by the Client
The client needed help in identifying and researching new business opportunities that were a profitable and practical fit for their team of processing engineers and metallurgists. They wanted challenges and solutions to be researched for each new business development opportunity.
Two project challenges were the following -
- Comprehensive mining industry research within a short timeframe
- Client wanted a sample research period prior to increasing the project scope with their final selection of a research services partner
After carefully understanding and analyzing the client's requirements, the Flatworld Solutions market research team provided the following solutions -
- In the first phase, the research team provided data on mining industry opportunities and prepared reports about three primary alternatives
- Reports covered the use of advanced computing tools in mining industry consulting, the Internet of Things (IoT), the changing roles of Artificial Intelligence (AI) and machine learning in mining-related projects, how the mining business is changing due to big data and IoT, AI solutions for industrial asset management, and data-driven mining opportunities
- Assessed potential business ventures that would optimize existing mining resources, minimize potential challenges, and produce competitive rates of return
This case study illustrates how the Flatworld Solutions team of international market research specialists can help clients identify and analyze a manageable number of new business opportunities - this can be especially helpful in fast-moving global markets such as those impacting the ultra-competitive mining sector. In a data-driven world, market research and business development activities can be expensive, time-consuming, and labor-intensive. A practical solution to these challenges is to engage the cost-effective business development research services of Flatworld Solutions.
Partner with Flatworld Solutions for World Class Market Research Services
Flatworld Solutions has been a leading provider of market research and business development support services provider to global clients. We have gained enough experience of providing quality research and analysis services and hence we are able to cater to any of the client's needs within a quick turnaround time. We have multiple delivery centers spread across the globe which ensures we deliver the results faster. Our ISO-certified research team has over a decade of experience and is available when you need high-quality help with time-sensitive and complex projects. If you are looking for a reliable, cost-effective, and efficient market research service provider, then look no further. Get in touch with us today!