Company Research Report: Industrial Info Resources (IIR)
Company Overview
- Name: Industrial Info Resources (IIR)
- Mission: Provide 'Best-in-Class' products and services to help clients succeed by delivering the most accurate and timely market intelligence on industrial spending worldwide.
- Founding Details: Founded in 1983 by CEO Ed Lewis.
- Key People: CEO Ed Lewis, alongside seasoned talent including senior process engineers and plant managers.
- Headquarters: Sugar Land, Texas, USA.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Core Competency: IIR is known for being the leading provider of Global Market Intelligence (GMI™) for sectors like Power, Energy, and Industrial Infrastructure. The company is particularly recognized for its accurate and timely project and plant spending intelligence.
Products
- GMI Database Platform:
- Description: A comprehensive database and platform that integrates various functions and tools.
- Key Features:
- Tracks over 294,000 plant locations and over 225,000 active projects worth USD 22.59 trillion.
- Provides detailed analytics and insights into market trends.
- Encompasses plant, unit, and equipment asset details, offline unit events, and capital and maintenance projects in one solution.
- PECWeb Dashboard:
- Description: A component of the GMI Database Platform used for market intelligence and analysis.
- Key Features:
- Allows users to identify, qualify, track, analyze, and predict market spending insights.
- GeoXplorer:
- Description: A tool integrated within the GMI platform for geographic analysis.
- Key Features:
- Facilitates spatial analysis of plant and project data across various regions.
- Market Analytics Dashboard:
- Description: Provides end-users with multiple tools for integrated market analysis.
- Key Features:
- Supports detailed spending forecasts and analytics for decision-making.
Recent Developments
- Industry Trends and Market Outlooks:
- Released the 2024 Global Market Outlook focused on spending projections for 12 industrial sectors.
- IIR tracks significant projects, such as over $14.5 billion worth of projects from Xcel across the U.S.
- New Products/Publications:
- Developed new market outlook products providing insights and predictions for the global market.
- Strategic Initiatives:
- Launched the Disaster Impact Tracker to monitor natural disasters affecting operational plants.
- Expanded GMI platform tools for comprehensive market intelligence analysis.
- Partnerships and Collaborations:
- No specific partnerships have been mentioned in the available information.
Information Gaps
- Number of Employees and Revenue: Specific details regarding the number of employees and financial revenue are not available.
Industrial Info Resources (IIR) continues to be a pivotal player in the field of global market intelligence, upholding its mission to deliver superior products and services that empower clients with actionable data in the industrial market sectors. With a comprehensive suite of integrated analytical tools and a continuously updated GMI platform, IIR positions itself as a trusted resource for industrial market stakeholders globally.
