Mumbai, Jan 16 (ANI/Business Wire India): Frost and Sullivan, a global growth consulting firm that has been partnering with clients to create value through innovative growth strategies, plans to expand its operations in the Middle East by the first quarter of 2008.
The addition of this new office will mark Frost and Sullivan's footprint in the lucrative Middle East region and will be a key addition to the firm's 32 other global offices.
Through its global network of offices, Frost and Sullivan has served an extensive clientele that includes Global 1000 including fortune 500 companies, emerging businesses, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
According to Anand Rangachary, Managing Director, South Asia and Middle East, "Our entry into this market is in response to an enormous growth potential for diverse industries in the Gulf region. In recent years, with the oil rich economies looking at alternate avenues for investments, the global exposure for the Middle East has been tremendous, and this has resulted in an incredible demand for Frost and Sullivan's services across the Arabian Peninsula.
"With this new office, we expect to strengthen our foothold and at the same time work closer with companies to design their strategies in an increasingly global marketplace. This on-ground presence will play a strategically important role for the firm to serve its existing and prospective clients operating in the region," he added.
Headquartered in Palo Alto, USA, Frost and Sullivan experts track a wide spectrum of industry verticals, namely, healthcare, information and communication technologies, chemicals, materials and food, aerospace and defense, power and energy, automotive and transportation, environmental and building technologies, industrial automation and electronics and manufacturing and process consulting.
Frost and Sullivan Middle East will work across the entire industrial and technological spectrum with leaders and challengers, as a strategic business partner.
The firm's vast portfolio of services and advisory competencies also includes strategy consulting, financial consulting, market intelligence, summits and conferences and management training.