Case Studies
CASE STUDY
Multi Billion-Dollar Manufacturer Lays Foundation for Long-term and Sustainable Growth
Client
A multi billion-dollar foreign based manufacturer
Services
- New Product Development
- Product Innovation Team
- Market Research
- Forecasting
Results Summary
- Identified new market opportunities
- Laid the foundation for long-term sustainable revenue growth
Challenge
A multi billion-dollar foreign based manufacturer discovered a sharp decline in their future income projections. Developing future innovation or manufacturing a new product solution seemed improbable.
Solution
PlazaBridge Group installed its Product Innovation Team to consult and rejuvenate the client’s innovative abilities. Through hand-in-hand teamwork with the client, the team provided extensive research on trends, competitors, and future market gaps. Within 90 days, PlazaBridge provided massive forecasting data for the client, allowing them to begin implementing future tech such as automated sensors into their products and goods.
Results
PlazaBridge Group identified new market opportunities to more than make up for any revenue short falls over five years. The findings allowed for leveraging our client’s current product offerings. Our innovation team also identified new product innovations possibly increasing patents and key assets creating long-term sustainable revenue growth.
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