Gartner

Last updated

Gartner, Inc.
Company type Public
Industry Business services
Founded1979;45 years ago (1979) by Gideon Gartner in Stamford, Connecticut
Headquarters
Key people
  • Gene Hall (CEO)
  • Craig Safian (CFO)
  • Altaf Rupani (CIO)
Products
RevenueIncrease2.svg US$5.91 billion (2023)
Increase2.svgUS$1.24 billion (2023)
Increase2.svgUS$882 million (2023)
Total assets Increase2.svgUS$7.84 billion (2023)
Total equity Increase2.svgUS$681 million (2023)
Number of employees
20,237 (2023)
Website www.gartner.com OOjs UI icon edit-ltr-progressive.svg
Footnotes /references
[1]

Gartner, Inc. is an American technological research and consulting firm based in Stamford, Connecticut, that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients include large corporations, government agencies, technology companies, and investment firms.

Contents

In 2018, the company's client base consisted of over 12,000 organizations in over 100 countries. As of 2022, Gartner has over 15,000 employees located in over 100 offices worldwide. [2] It is a member of the S&P 500. [3]

A graphical representation of a hype cycle, showing the stages of maturity, adoption, and social application of a new technology Hype-Cycle-General.png
A graphical representation of a hype cycle, showing the stages of maturity, adoption, and social application of a new technology

History

Gideon Gartner founded Gartner, Inc. in 1979. [4] Originally private, the company launched publicly as Gartner Group in 1986 before Saatchi & Saatchi acquired it in 1988.

In 1990, Gartner Group was acquired by some of its executives, including Gartner himself, with funding from Bain Capital and Dun & Bradstreet. [5] The company went public again in 1993. [6] In 2000, the name was simplified from Gartner Group to Gartner.

In 2000, Gartner coined the term Supranet. Gene Hall has been the CEO of the company since August 2004. [7]

In the course of its growth, Gartner has acquired numerous companies providing related services, [8] including Real Decisions—which became Gartner Measurement, now part of Gartner's consulting division—and Gartner Dataquest, a market research firm. [9] [10] It acquired Datapro Information Services, a computer industry analysis-focused unit of McGraw-Hill, in 1997; [11] that in turn had once been Datapro Research Corporation of Delran Township, New Jersey. [12]

It has also acquired a number of direct competitors: Meta Group in 2005, AMR Research [13] and Burton Group in early 2010, and Ideas International in 2012.

In 2013, whilst working for Gartner, Anton Chuvakin coined the term "endpoint threat detection and response" for "tools primarily focused on detecting and investigating suspicious activities (and traces of such) other problems on hosts/endpoints". [14]

In March 2014, Gartner announced that it had acquired the privately held company Software Advice for an undisclosed amount. [15]

In 2014, Gartner also coined the term "Digital BizOps" and further developed the early philosophy for digital business operations. [16] In July 2015, Gartner acquired Nubera, the business app discovery network that owns properties like GetApp (a peer review site), AppStorm, AppAppeal, and CloudWork. Terms of the deal were not disclosed. [17] In September 2015, it acquired the privately held peer review site (PRS) [18] Capterra.

In June 2016, Gartner announced that it had acquired the privately held company SCM World, headquartered in London, U.K. 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. [19] [20] [21] On March 7, 2017 Gartner announced that it has agreed to buy [22] New York–based L2 Inc, which specialises in benchmarking the digital performance of brands. Terms of the deal were not disclosed. [23]

See also

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CEB, formerly Corporate Executive Board, now a part of Gartner, was a company providing best practice research, benchmarks, and decision support tools to business leaders in HR, Finance, IT, Marketing, Sales, Customer Service, Strategy, R&D, Procurement, Legal, and Compliance functions globally. It was one of the first firms to offer a subscription pricing model for insights and advice, challenging the prevailing consulting delivery model and paving the way for subscription-as-a-service ("SaaS") pricing models now favored by software companies. Gartner announced its acquisition of CEB in January 2017, completed the acquisition in April 2017, and integrated the company in July 2018.

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References

  1. "Gartner, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission . February 16, 2024.
  2. "EDGAR Form 10-Q" (TXT). Securities and Exchange Commission. February 14, 2022.[ dead link ]
  3. GmbH, finanzen.net. "G | S&P 500 Stocks | S&P 500 Companies | S&P 500 Values". Markets Insider. Retrieved June 28, 2018.
  4. Pollock, Neil; Campagnolo, Gian (August 13, 2015). Subitizing Practices and Market Decisions: The Role of Simple Graphs In Business Valuations (PDF). Oxford University Press. ISBN   9780198712282 . Retrieved May 23, 2023.{{cite book}}: |website= ignored (help)
  5. "Gartner Group Records, 1981-2000. Finding Aid". University of Minnesota.[ dead link ]
  6. "Gartner Group, Inc. History". FundingUniverse. Archived from the original on November 4, 2016. Retrieved November 2, 2016.
  7. "Eugene A Hall". Bloomberg. Retrieved May 10, 2020.
  8. "Gartner Acquisitions". Garnter. Retrieved May 10, 2020.
  9. "Real Decisions - Products, Competitors, Financials, Employees, Headquarters Locations". www.cbinsights.com. Retrieved February 13, 2024.
  10. Abate, Tom (November 26, 1995). "Dataquest acquired by Gartner Group". SFGate. Retrieved February 13, 2024.
  11. "Short Take: Gartner buys DataPro". CNet. July 17, 1997.
  12. "datapro?". Computerworld (Advertisement). March 17, 1980. p. 21.
  13. Zinch, Barb Mosher (December 2, 2009). "Gartner Acquires AMR Research for US$ 64M". CMSWire. Retrieved May 10, 2020.
  14. "Gartner Blog Network". June 18, 2022. Archived from the original on June 18, 2022. Retrieved April 16, 2024.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  15. "Gartner Acquires Software Advice". gartner.com. Gartner, Inc. March 11, 2014. Archived from the original on March 10, 2015. Retrieved January 6, 2017.
  16. Brink, Michael (June 15, 2020). "BizOps: The alchemist for business and data". ITWeb. Retrieved March 22, 2021.
  17. Novoa, Jaimе (July 1, 2015). "Gartner acquires Barcelona-based Nubera (GetApp)". Novobrief. Archived from the original on March 4, 2016. Retrieved December 30, 2015.
  18. Leforestier, Ludovic (July 15, 2015). "Will research crowdsourcing finally move analyst firms to an experience business model?". Institute of Industry Analyst Relations (IIAR). Retrieved June 4, 2019.
  19. Jamerson, Joshua (January 5, 2017). "Gartner to Buy CEB Inc. for $2.6 Billion in Cash, Stock". Wall Street Journal. Archived from the original on January 5, 2018. Retrieved May 4, 2018 via www.wsj.com.
  20. Dignan, Larry (January 5, 2017). "Gartner acquires CEB for $2.6 billion, eyes business decision maker expansion". ZDNet . ZDNet. Archived from the original on January 6, 2017. Retrieved January 6, 2017.
  21. Leforestier, Ludovic (January 20, 2017). "2017, a tectonic year for influencer relations? A world post Gartner + CEB and IDC sold". Institute of Industry Analyst Relations (IIAR). Retrieved June 4, 2019.
  22. Leforestier, Ludovic (March 6, 2017). "BREAKING: Gartner gobbles brand benchmarking agency L2". Institute of Industry Analyst Relations (IIAR). Retrieved June 4, 2019.
  23. "Gartner buys digital brand researcher L2". Research Live. March 7, 2017. Retrieved July 31, 2018.