Gartner

Gartner, Inc.
Public company
Traded as
Industry Research
Founded 1979 (1979) by Gideon Gartner
Headquarters Stamford, Connecticut, U.S.A
Key people
  • Gene Hall (CEO)
  • Craig Safian (CFO)
  • Mike Diliberto (CIO)
Products
Revenue IncreaseUS$2.44 billion (2016)[1]
IncreaseUS$457.1 million (2016)[2]
DecreaseUS$193.6 million (2016)[3]
Total assets IncreaseUS$2.17 billion (2015)[4]
Total equity DecreaseUS$-132 million (2015)[5]
Number of employees
 8,813 (2016)
Website Gartner.com

Gartner, Inc. is an American research and advisory firm providing information technology related insight for IT and other business leaders located across the world. Its headquarters are in Stamford, Connecticut, United States. It was known as Gartner Group, Inc until 2000, when it was then changed to Gartner.[6]

Research provided by Gartner targets CIOs, senior IT, marketing and supply chain leaders. Gartner clients include large corporations, government agencies, technology companies and the investment community. The company consists of Research, Executive Programs, Consulting and Events. Founded in 1979, Gartner has over 8,100 employees,[7][8] including 1,280 in research,[9] located in 85 countries.

Gartner uses hype cycles and Magic Quadrants for visualization of its market analysis results.

History

The company was founded in 1979 by Gideon Gartner. Originally a private company, the Gartner Group was launched publicly the first time in the 1980s, then acquired by Saatchi & Saatchi, a London-based advertising agency, and then acquired in 1990 by some of its executives, with funding from Bain Capital and Dun & Bradstreet.[10] The company went public again in 1993.[11] In 2000 the name was simplified to Gartner.[12]

Gene Hall has been the CEO of the company since August 2004.

In the course of its growth, Gartner has acquired numerous companies providing related services, including Real Decisions—which became Gartner Measurement, now part of Gartner's consulting division—and Gartner Dataquest, a market research firm. It has also acquired a number of direct competitors, including NewScience in the late 1990s, Meta Group in 2005, AMR Research and Burton Group in early 2010, and Ideas International in 2012.

In March 2014 Gartner announced that it had acquired the privately held company Software Advice for an undisclosed amount.[13]

In July 2015, Gartner acquired Nubera, the business app discovery network that owns properties like GetApp, AppStorm, AppAppeal or CloudWork. Terms of the deal were not disclosed.[14] In September 2015 it acquired the privately held company Capterra.[15]

In June 2016 Gartner announced that it had acquired the privately held company SCM World, headquartered in London, U.K.[16]

On January 5, 2017 Gartner announced it had reached an agreement to acquire CEB, Inc. in a cash and stock deal worth about US$2.6 billion.[17][18]

Controversy

Gartner has had a major controversy in forecasts. In 2009, Gartner predicted the PC market would experience the "sharpest unit decline in history", and a few quarters later it reported "strongest growth rate in seven years".[19] The Actual Shipment Decline started the year 2010.[20], reaching peak decline in 2016[21]

See also

References

  1. ↑ http://markets.ft.com/data/equities/tearsheet/financials?s=IT:NYQ&subview=BalanceSheet
  2. ↑ http://markets.ft.com/data/equities/tearsheet/financials?s=IT:NYQ&subview=BalanceSheet
  3. ↑ http://markets.ft.com/data/equities/tearsheet/financials?s=IT:NYQ&subview=BalanceSheet
  4. ↑ http://markets.ft.com/data/equities/tearsheet/financials?s=IT:NYQ&subview=BalanceSheet
  5. ↑ http://markets.ft.com/data/equities/tearsheet/financials?s=IT:NYQ&subview=BalanceSheet
  6. ↑ "EDGAR Form 10-Q" (TXT). Securities and Exchange Commission. February 14, 2001.
  7. ↑ http://www.gartner.com/imagesrv/pdf/gartner_corp_factsheet_gartnerataglance.pdf
  8. ↑ "Gartner Corp Fact Sheet" (PDF).
  9. ↑ "About Gartner". Retrieved March 10, 2016.
  10. ↑ "Gartner Group Records, 1981-2000. Finding Aid". University of Minnesota.
  11. ↑ "Gartner Group, Inc. History". FundingUniverse. Retrieved 2016-11-02.
  12. ↑ "Gartner Copyright & Quote Policy - Section 6.1 Attribution". www.gartner.com. 2016-05-27. Retrieved 2016-11-02.
  13. ↑ "Gartner Acquires Software Advice". gartner.com. Gartner, Inc. 2014-03-11. Retrieved 2017-01-06.
  14. ↑ Novoa, Jaime (2015-07-01). "Gartner acquires Barcelona-based Nubera (GetApp)". Novobrief. Retrieved 2015-12-30.
  15. ↑ "Gartner Acquires Capterra". businesswire.com. BusinessWire. 2015-09-25. Retrieved 2017-01-06.
  16. ↑ "Gartner Acquires SCM World". gartner.com. Gartner, Inc. 2016-06-28. Retrieved 2017-01-06.
  17. ↑ https://www.wsj.com/articles/gartner-to-buy-ceb-inc-for-2-6-billion-in-cash-stock-1483620968
  18. ↑ Dignan, Larry (2017-01-05). "Gartner acquires CEB for $2.6 billion, eyes business decision maker expansion". zdnet.com. ZDNet. Retrieved 2017-01-06.
  19. ↑ Bott, Ed. "Why does the IT industry continue to listen to Gartner? - ZDNet". Retrieved 16 November 2016.
  20. ↑ "IBM and Apple: Catharsis". 15 July 2014. Retrieved 16 November 2016.
  21. ↑ "PC market suffers 'biggest decline in history' and Windows 10 is to blame - TheINQUIRER". Retrieved 16 November 2016.
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