Clean Energy Ministerial (CEM4), organised a few days back in India, focused on renewable energy technology development and testing. India, in the last and present decade, has witnessed a lot of startups plunging in these sectors and a new additions to this space is MECIntelligence.MECIntelligence is a venture that provides intelligence on maritime, energy and cleantech sectors. Co-founded by Sidharth Jain in July 2011, MEC Intelligence is a global strategic and market growth process support company that provides knowledge and insights in the core sectors. After having passed out from PEC, Chandigarh in 2006, Sidharth worked for MNCs like Cognizant and Evalueserve before starting up on his own. Jacob Jensen, the other co-founder, is the investor in the firm.
MECIntelligence caters to the needs of a market by creating insights that are actionable and integrate directly into the client’s growth decision processes. Sidharth shares the concept and USP of his business, “We do market analysis in the clean energy and maritime sector. Reports based on our research, provide steering to the decision making process.” Their most recent report was on the electric vehicles market, after a research carried out on the drivers and inhibitors that influence the roll-out of electric vehicles in terms of adoption speed, cost and user acceptance. They did a comprehensive analysis from live test fleet of electric vehicles for over a span of one year.
The report contents include the technology incorporated for clean energy, trends in maritime industry and costs associated with each of them. The reports provide analysis on the future market, partnerships between industry giants that will define the market, and hotspots of the energy sector that will drive growth. The reports have found space in reputed journals like Maritime Executive and Bunker World.
MECIntelligence has managed to forge partnerships with two consulting brands - Quartz+Co and Catalyst Strategy Consulting to provide information in their areas of expertise. MEC intelligence provides its services to the clients through its delivery centres in Denmark, India and China. Speaking about the partnership, Sidharth says that sector focus of the two companies is an excellent match and partnership will them become a knowledge hub. MEC Intelligence has closely worked with industry stalwarts such as Shell and Grundfos.
Being in a B2B sector, MECIntelligence, markets itself through the reports that it publishes. The report, namely “The Global Cleantech report 2012” has given good exposure to the company, positioning it at the helm of market research in maritime and clean energy sector. MECIntelligence has a team of six people spread across its delivery centres in Hongkong, China and India. Majority of clients that come to MECIntelligence are from USA, China, India and Singapore. Sidharth’s vision he says is, “Globally, most of the Indian companies are thought of providing only cheap labour. I want to see MECIntelligence as the best in market research, with a high degree of specialisation to give the needed depth and geographic spread in the analyses."