Nortel had traditionally catered to the carrier, cable, and enterprise telecom markets—supplying various industry leading products—but the competition for the lucrative electric, gas, and water utility markets was heating up. However, Nortel was seen as a virtual non-player in this emerging, yet key, segment.
The Project
To make a successful play for this these markets, Nortel required something drastic. In response to this, a large-scale market research and competitive analysis project was undertaken by our consultant in order to fully identify the opportunity at hand as well as the risks. Both the existing and potential competitors were identified, as were their respective strengths and weaknesses. Our consultant recommended no less than a complete overhaul of Nortel’s image in the utility market space. After careful consideration by Nortel’s CEO, the recommendation was approved, and Nortel allocated resources to the construction of a new business unit targeting the electric, gas, and water utility markets.
Our consultant then continued his work with Nortel in order to create a winning image for the new business unit. This required our consultant to develop a fully integrated marketing communications program on a global scale. Among the initiatives implemented by our consultant and his team were:
▪ a media and analyst relations program
▪ a sales training program
▪ participation in global utility tradeshows
▪ customer success briefs
▪ a global newsletter
Our consultants work creatively and efficiently at everything they do-delivering superior value for our customers and our customers' clients.
“Our business unit’s revenue increased from $15M to over $250M in two and a half years ….successfully transforming Nortel's image in a key vertical market”
— Bill Foster, Marketing Director, Nortel Networks.