What’s in name? How Quantum International became Tungsten Capital
If you have followed our story over the last 27 years, you will know that Quantum International was only the second consultant to have been legally incorporated as a Claims Specialist at Companies House.
Established back in 1992, NBA Quantum (as it was known then) was the brainchild of Bob Jervis and Peter Elliott-Hughes, both of whom remain with the organisation to this day.
They saw a need in the construction industry for a precision approach to their clients commercial and contractual problems and, over the course of time, what started as a two-man organisation grew to become an international enterprise – becoming known in the process, as Quantum International.
Somewhat understandably, the construction market today is flooded with firms who have adopted the name “quantum” in some shape or form.
It’s said that imitation is the sincerest form of flattery, however that self same facsimile also causes confusion in the minds of clients.
And for that reason alone, we have transitioned from Quantum International to the umbrella of Tungsten Capital, under which the collection of Quantum subsidiaries around the world comes together.
The paradox is that the term “quantum” actually refers to comparatively small amounts of something.
In physics, for example, quantum refers to the smallest amount of matter that exists – the basic, indivisible sub-atomic building block.
However, as innovative leaders in our field, we find ourselves occupying not the smallest portion of the market, but rather the most significant and highly valued.
In contrast, Tungsten is an important hard, steel-grey element with the highest melting point of any metal used to create light in electrical contacts and imparts great strength when combined with steel.
This combination of strength, the ability to connect and the gift of illumination make Tungsten an apt choice of name.
Whereas claims are considered to be a liability, we see them as a potential asset and given that capital is a term for a financial asset, this term also seemed highly appropriate.
In other words, the name Tungsten Capital reflects, not so much a quantitive benchmark, but a qualitative one.
Where we’re going
Supported by our new partners, our growth into markets around the world has facilitated this next step in the development of our brand.
With offices around the globe, our structure allows us to provide the careful attention and bespoke service that only a organisation with a quarter of a century of unimpeachable track record can provide.
Growth and continuity
So what’s different, and what has remained the same?
Tungsten Capital is the name that we have gradually transitioned to over the last two years and it will continue to take precedence in our global marketing while respecting and acknowledging the individual merits of our Quantum subsidiaries.
We will continue to provide the precision service we always have and we will continue our relentless pursuit of the most forward thinking ways to stay at the forefront of the industry.
That line between continuity and innovation is perhaps best reflected in our team.
Tungsten Capital has embraced experienced as well as new talent over the years and has nurtured it carefully.
As a result, we continue to bring new and vibrant energy into the company whilst enjoying the experience and knowledge of the many staff who have been with us for as long as 30 years.
The same applies to the services and technologies we embrace.
For example, while the construction industry as a whole has been comparatively slow to embrace AI, our subsidiary, Quantum PPP Consulting, is a leader in its field with QConzol online – an integrated cloud based construction document management system.
You may also recall that in the last 24 months, we launched our industry first initiative, Quantura our unique dispute funding vehicle.
However, we also enjoy the unwavering support of team members like skilled expert witness and Executive Director Bob Jervis, and thanks to our longstanding external relationships, we have been able to welcome our new Operations Director, Terry Cage, this year. Terry has been a friend and partner of the company across his 40 years’ of main contractor, subcontractor and client experience in Taiwan, Malaysia, Qatar and Hong Kong.
The same applies to the services and technologies we embrace. For example, while the construction industry as a whole has been comparatively slow to embrace AI to make processed more efficient, our Thailand subsidiary, Quantum PPP Consulting, is a leader in its field with QConzol online – an integrated cloud based construction document management system. It collects all the data from the beginning of a project, along with historical construction data, so that it can predict and monitor delays.
You may also recall that in the last 24 months we launched our industry first initiative, Quantura. The unique claims funding service helps clients to manage cashflow when faced with the daunting prospect of a claims notice, as we take on the risk instead of them.
So what’s in a name change?
Well, as it happens, quite a lot.
Whilst we’re still the same reliable team who fight to protect client interests as well as your professional relationships, we have also evolved to provide the best service possible in a contemporary and forward-thinking market.
To us, that’s what it means to be Tungsten Capital.