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Mintec: Vendor Analysis — Market intelligence solution overview, roadmap, competitors, tech selection tips, analyst summary

07/24/2023 By

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In this Spend Matters Vendor Analysis we provide an overview of Mintec and its market intelligence solution.
In today's fast-paced, hyper-competitive business landscape, success hinges on the ability to make well-informed decisions. Understanding the market, anticipating customer needs and staying ahead of industry trends are no longer optional — they are critical components for sustainable growth. As markets become more complex, volatile and diverse, companies require an approach that is comprehensive and systematic to gather, analyze and interpret relevant information. Market intelligence software serves as a beacon; it illuminates the path to success by providing actionable intelligence that enables businesses to capitalize on opportunities, mitigate risks and make informed choices that directly impact their bottom line.
One such market intelligence provider is Mintec. When we covered Mintec in 2019, we described it as “a UK-based provider of commodity data and analytics tools for the food and drink vertical.” Over the last four years, Mintec has, of course, grown and developed its offering. It now also covers raw materials (metals and ores, plastics and chemicals, minerals, paper and wood, etc.), industrial materials, energy and transportation. Additionally, it created a subsidiary in the US (Mintec Inc.) to address that market and acquired several companies to extend and deepen its offering.
This Vendor Analysis explores Mintec’s platform, application and supporting services. It also provides a competitive market analysis and key analyst takeaways.
Here’s why Mintec matters:
To the market — Mintec provides market intelligence for the food and beverage and raw materials industries.
To customers — Mintec supports a global customer base, although it specializes in the food and beverage markets.
To potential buyers — Mintec provides intelligence on factors such as materials pricing, labor considerations, risk factors and other potential considerations that may affect the supply of raw materials.

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Vendor Analysis