The partnership will enable the two firms to tap into their complementary areas of expertise to deliver a wide range of consulting and research services including strategic decision-making support, market analysis and forecasting, due diligence and financial valuations, and policy and regulatory review. According to Steve Bochinger, Managing Director at Euroconsult North America, “The North American satellite market is facing major changes in a shifting political, financial and market environment. Our recently-opened office in North America and partnership with Irwin Communications will enable us to help companies and government agencies meet the profound new challenges they will face in the near future.”
Changing government priorities will likely impact the sector, including a re-focus of military operations, new directions in civil and military funding, and possibly greater emphasis on new political issues such as environment and climate change. On the commercial side, the economic crisis is likely to force many companies to look to the international marketplace for growth, requiring strategies and structures to reach customers in emerging markets.
“This time of unique challenges in the global satellite industry requires unique solutions. Partnering with Euroconsult enables us to leverage their international leadership and experience, and combine it with our business and technology expertise to provide unsurpassed benefits to our industry,” said Susan Irwin, President of Irwin Communications. There are a number of challenges ahead for the private sector. They include...
- Satellite operators’ key customers may reconsider their needs for satellite capacity. The broadcast sector is likely to see increasing competition and a rethinking of business models, with the likely emergence of new leaders
- New businesses, including broadband and mobile services (including ATC), will likely be forced to refine their business models and to secure financing
- Despite a strong domestic government market, Earth observation commercial operators will need to look beyond national borders for growth (to both government and commercial customers)
Euroconsult has 25 years of experience providing independent assessment to decision-makers in the satellite sector worldwide including market, business, financial and policy review. Euroconsult conducts an ongoing research program and compiles comprehensive proprietary databases, which serve as a cornerstone to its forecasts and expertise. Irwin communications has built an in-depth understanding of the business and technology of the satellite industry, combined with strong relationships throughout the industry. Their areas of expertise include fixed and mobile satellite services, direct-to-home services, distance learning, VSAT, business television, IPTV, HDTV, and satellite broadband services.