Future Market Insights: The Bootstrapped Consulting Firm Heralding a New Era in Affordable Market Research through its Smart Intelligence Platform

01/giu/2020 09:55:24 Ankush Nikam Contatta l'autore

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The US-based firm with a clientele representing 80% of the Fortune 1000 utilizes its proprietary smart intelligence platform – a combination of traditional market research, text-based analytics, and social media sentiment analysis – to offer actionable insights at a reduced turnaround time and 40% lesser cost.

Market research serves a number of purposes in any organization – from identification of target markets & competitors to staying up-to-date on industry developments — it is a key component of a robust business strategy. Although there is little ambiguity on its advantages, traditionally, procuring high-quality research affordably has remained a deterrent, especially for small- and medium-sized enterprises (SMEs). Future Market Insights (FMI), a global market research & consulting provider, has been at the forefront of bridging this gap — through a unique model that employs tried-and-tested traditional market research techniques and nouveau machine-enabled market research, the firm now counts nearly 80% of the Fortune 1000 among its clientele.

Future Market Insights serves businesses across a range of sectors, including healthcare, automotive, chemicals, and food & beverages to name a few. The UK office serves as the global headquarter of the company, whereas the sales office in New York, US offers seamless research expertize to North American clients. The sprawling delivery center in Pune, India is responsible for global delivery and operations, and hosts a team of over 300+ consultants. To provider a wider range of market research solutions to its Middle Eastern clients, FMI recently inaugurated a center in Jumeirah Lakes Towers, Dubai.

While FMI has become a preferred market research provider for many companies, including the lies of Exxon Mobil, Merck, Pfizer, Honeywell International, Mitsubishi, and Novartis, it had humble beginnings while commencing operations in 2014. As the firm is completely bootstrapped, it has shown an impressing 30%+ Y-o-Y growth, relying on a steady stream of repeat clients and word-of-mouth referrals. Co-founded by Mr. Anurag Singh, a serial-entrepreneur in the market research space, and Mr. Sudip Saha, an industry veteran, the company now has a global workforce of over 500 across its four global locations.

The economic slowdown induced by the COVID-19 crisis has had varying degree of impact on FMI’s clients. During this difficult period, the company is working at 100% pre-covid levels, without any severe impact to project execution and delivery. To help businesses tide over the COVID-19 crisis, the firm has launched a real-time ‘COVID-19 Impact Assessment Tracker’, where insights are offered not only by specific industry, but also by geography and niche segments. The company believes that COVID-19 presents unique and unprecedented challenges to organizations, and having a risk mitigation plan is the need of the hour.

The focus of Future Market Insights is to implement a multi-pronged approach that improves overall user experience and the quality of research, so brands make the most out of the insights. Another key priority for FMI is to offer clients greater flexibility and transparency about their market research requirements.

The company has already launched ‘Market Ngage’, an AI-powered market database where clients can browse an extensive range of topics by industry, check for existing information, order reports, and see their project completion in real-time. 

“In addition to quality, our external and internal surveys have found that transparency and flexibility are two aspects where clients expect more from the market research industry. With Market Ngage, we are essentially telling clients that you are in control of the wheel, and have the complete decision-making ability, with regards to engaging with us,” says Sudip Saha, MD & Co-founder of Future Market Insights.

Source Link: https://thriveglobal.com/stories/future-market-insights-the-bootstrapped-consulting-firm-heralding-a-new-era-in-affordable-market-research-through-its-smart-intelligence-platform/ 

Being one of the few market players to have a wide range of research topics and a pool of experienced analysts in four global locations, Future Market Insights is uniquely positioned to offer quality research at competitive pricing. The company’s unique approach to combine traditional research with AI has the potential to disrupt the industry, especially in post-COVID era, where budgeting for research is expected to receive higher scrutiny.  

About Us                                                                                     

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us                                       

Future Market Insights 
616 Corporate Way, Suite 2-9018, 
Valley Cottage, NY 10989, 
United States  
T: +1-347-918-3531  
F: +1-845-579-5705  
T (UK): + 44 (0) 20 7692 8790  
Sales: 
sales@futuremarketinsights.com  
 Press Office: 
press@futuremarketinsights.com  

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