For
Immediate Release
November 2001
cfar
International and KLN Group Launch Market Intelligence Information Service
Atlanta (November 1, 2001) cfar International Ltd.
(New Orleans, La.) and KLN Group (Folsom, Calif.) have announced formation
of the InfoNetrix Market Intelligence Information Network. The
new enterprise features a suite of technology-centric information products
and services that will help clientele involved in Energy and Utility
markets successfully plan, execute and support marketing strategies
through the availability and use of quality market intelligence.
"The
full value of good market information has historically been under-appreciated
by all but the largest energy and utility suppliers," contends
Mike Marullo, cfar Internationals CEO. "Effective use of
market research as a strategic planning tool pays big dividends when
properly applied," he continued. InfoNetrix clients will
have access to timely, objective, technologically-focused market intelligence
on a regular basis throughout the year under an annual participation
agreement that is the foundation of the InfoNetrix business model."
The
initial focus of InfoNetrix will be on electric utility automation
markets, but there are also plans to broaden the market scope to include
oil and gas and water/wastewater and municipal government in the future.
All are closely related market areas, especially for suppliers and consultants,
which routinely serve two or three and, in some cases all four
of these market areas. As such, the InfoNetrix Market Intelligence
Information Service is designed to become increasingly synergistic as
it unfolds.
Under
the InfoNetrix business model, clients will receive periodic executive
briefings, research reports, market news updates and proprietary consulting
services throughout the year in a package that they can customize to
suit their specific needs. "Its like a cafeteria plan,"
says Mike Smith, the KLN Group CEO. "Clients get to choose the
combination of products and services that fit their organizations
individual strategic and tactical market intelligence information requirements
and budget. Naturally, the more robust the package, the greater the
value and the lower the cost of the components comprising the package,"
Smith emphasized.
InfoNetrix
was created as an outgrowth of Marullos and Smiths extensive
backgrounds, experience and participation in the energy and utility
automation arena and an evolving relationship that began nearly more
than ten years ago. Meeting initially as competitors in the
early 1990s, both Smith and Marullo were already involved in energy
and utility automation market research and related publications. Over
the years, their professional association and personal friendship gradually
evolved into a common set of interests, clients and market focus.
The
target clientele for InfoNetrix includes energy and utility automation
suppliers; major energy companies; electric, gas and water utilities;
technical and financial consulting firms; and others with relevant market
interests. Clients participating in the InfoNetrix Market Intelligence
Information Services suite will receive a spring market briefing, research
report(s) and proprietary consulting time as well as a fall briefing,
reports and consulting package. Periodic market updates and news bulletins
will also be issued throughout the year.
"This
gives InfoNetrix clients a timely market forecast and reports
early in the year for calibrating resource deployments and then a late
summer (or early fall) summary and market outlook for the following
year, the latter designed to coincide with the budgeting and planning
period of most companies," Smith pointed out. "This approach,
coupled with proprietary consulting for each participant and market
update bulletins issued periodically throughout the year, will provide
an invaluable continuum of market intelligence that the most successful
companies expect their marketing and business development executives
to have at their disposal for informed planning and decision-making,"
he concluded.
"We
think that this annualized approach is also something that will increasingly
appeal to the energy and utility companies themselves," added Marullo.
Market information is admittedly something that most have not had to
concern themselves with in the past," he said, "but with the
advancement of deregulation and competition that will all change. Any
company that intends to be successful in competitive markets needs these
kinds of tools and resources regardless of whether it comes from
InfoNetrix or someone else. Yes, it is a cultural change but one
that we believe will become increasingly necessary as deregulation and
restructuring continues."
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