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There are more specific ways for competitor analysis based on the customized objective of different departments. For instance, the heads of R&D and innovation departments are mainly analysing their competitors based on the strength of the technology portfolio, covering key aspects such as breadth and depth analysis, features & functionality, quality and reliability, and R&D investment trend, innovation trend, distinct, overlapping, and active technologies. On the other hand, heads of sales, marketing, strategy, etc., departments of the company demand the analysis depicting business strength excellence covering essential aspects such as geographic footprint, distribution channel, financial capability, growth strategy and productivity, and cost-efficiency and customer value.
Why Ingenious for Competitive Analysis?
· IEBS follows a structural and multidimensional approach for the market to breakdown the company across individual elements.
· IEBS goes beyond the standard data procurement process to ensure the hidden growth strategies of the company while analysing supplier-customer relationships closely.
· IEBS in-house models can depict the company’s future product developments, their time-to-market, expected collaboration engagements, business expansions, etc.
· IEBS analysts can highlight the critical information that is not publicly available while connecting multiple dots across different data sets and validating the same from ex and retired industry professionals.
For more details, please visit@ https://www.iebrain.com/services/business-intelligence/competitive-analysis
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