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26-451: Taneja Group was an analyst and consulting group headquartered in Hopkinton, Massachusetts . It was founded in 2003 by Arun Taneja, and provided analysis and consulting for the technology industry . Specializing in storage and virtualization , it worked with companies such as Dell , Nutanix , VMware , Oracle , and HP . This article about a technological corporation or company

52-661: A few exceptions, buy side industry analysts represent a small minority of analyst firms today. Even research firms whose services are tailored specifically to the interests of product and service buyers often derive some proportion of their revenues from vendors and service providers, since that information is important to them as well. Another side to this debate is that analyst firms create hype and influence markets in several ways or at even influence deals directly when speaking to end-user buyers. The debate over objectivity and independence has always been an active one, with some firms using independence (in absolute and relative terms) as

78-419: A management decision support function at corporations and public service organisations and for the vendors, regulators and investors serving those industries. Industry analysts serving buyers of technology-based products and services, where the largest concentration of industry analysts provide services, work with three primary groups of clients: The subjects of research conducted by analysts include many of

104-462: A source of strategic differentiation. Other factors that affect research integrity include transparency with regard to research methodology and survey sampling , theoretical or shallow vs. in-depth or hands-on expertise of analysts, emphasis on qualitative over quantitative research, and the overall efficacy of a firm's research offerings toward the goal of improving the quality of business and technology decisions. 451 Research 451 Group

130-509: A vendor may provide products or services, and that same individual or group may provide research deliverables or advisory services to a vendor serving that segment. The analyst is then expected to provide independent objective advice to buyers of those products and services. This matrix of relationships presents opportunities where conflicts can arise. This is exacerbated by the training many vendor analyst relations professionals receive, where they are advised to focus spending on analysts that have

156-581: Is a New York City -based technology industry research firm. Through its Uptime Institute operating unit, the company provides research for data center operators. In December 2019, 451 Group sold an operating division, 451 Research, to information and analytics company S&P Global . The 451 Group was founded in April 2000 with offices in London, New York and San Francisco. The founding team of four all came from UK IT publishers ComputerWire . Initial funding came from

182-437: Is a stub . You can help Misplaced Pages by expanding it . Industry analyst The IIAR provides this official definition: An information and communications technology (ICT) industry analyst is a person, working individually or within a firm, whose business model incorporates creating and publishing research about, and advising on how, why and where ICT-related products and services can be procured, deployed and used. That

208-504: Is an issue that is frequently debated. Much of the criticism appears to focus on the business relationships between analysts and the technology providers that are the subjects of their research. In short, analyst firms often rely heavily on revenues from the technology providers they cover (e.g., Darwin magazine, March 2001). This source of revenue is a significant component of the business models of most analyst firms. Individual analysts and teams conduct research on industry segments where

234-780: Is necessary because the clients are paying for their expertise and must have an opportunity to assess associated capabilities. At most firms, analysts set research agendas in close cooperation with clients, design surveys, analyse findings, and write research. They may also conduct the surveys themselves, or they may work with third parties or interns to perform the data collection. Increasingly, analyst firms and their subcontractors employ online survey tools and offshoring to reduce research costs and turnaround time. In some cases, analyst firms are mining new sources of information from research partners, like consumer cell phone bills, RFID-enabled point of sale data, and analytics on Web traffic. Typically, technology and service providers work to influence

260-465: Is not to say that industry analysts do not focus on specific market participants and their product and service portfolios, or that financial analysts ignore industries. Gideon Gartner, one of the industry analyst business pioneers, was a former financial analyst before launching the Gartner Group in 1979. But industry analysts do research in the context of a specific sector or market segment, along with

286-456: Is the oldest analyst firm that has been in continuous operation since its inception in 1959, as Adams Associates. International Data Corp has been providing industry analyst and publishing services since 1964, and continues to be operated as a private company by its founder, Patrick Joseph McGovern . The last of the three, the Yankee Group , was founded by Howard Anderson in 1970. Anderson ran

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312-538: Is under pressure. Several firms are designing new analyst business models based on contemporary technologies, open-source licensing concepts, emerging markets, loosely federated analysts, and/or a more radical and visible emphasis on offshoring . Notable examples of analyst firms developing models based on social media such as Canada's ConneKted Minds and "open research and analysis" include RedMonk , MWD Advisors, Quocirca, ResearchFarm, Freeform Dynamics, Omnisperience and Cambashi , all based in or having offices in

338-660: The United Kingdom , and US-based Wikibon , an open-source project. Singapore-based Springboard Research (now owned by Forrester) exemplifies progressive use of offshoring research and Experton and Experture exemplify loose federations of independent analysts. capioIT exemplifies firms which focus on emerging geographic and technology markets. Industry analysts provide a combination of syndicated and client-sponsored (bespoke) market research , competitive intelligence , and management consulting services. Deliverables take many forms that can be grouped as follows: Analyst firms serve

364-516: The London-based listed brokerage firm Durlacher . Following the withdrawal of Durlacher and a management buyout, the company acquired Uptime Institute in 2009. Subsequent acquisitions included: The 451 Research division was acquired by S&P Global Market Intelligence on December 6, 2019. Uptime Institute is the operating division of the 451 Group. It is an American professional services organization best known for its "Tier Standard". and

390-439: The analyst firm and the vendor, it attempts to concentrate and control spending on industry analyst research and advisory services. It has become a common practice for analyst firms to assign a central "vendor relations" contact within their organization, to coordinate briefing, reprint and similar requests from vendors. Commercial and public sector client organizations have now assigned sourcing and procurement category managers as

416-458: The analyst research agenda and coverage of their firm, and to build trusted relationships with individual analysts. This is done through a specialized marketing function called industry analyst relations or analyst relations , where some analyst relations staff members specialize themselves in certain product, service, industry, or geographic areas of the vendor organization. This function not only facilitates effective two-way communications between

442-643: The analysts that work for them are continuously expanding and shifting their coverage areas to keep pace with trends like technological convergence or media convergence , for example. This is because demand for industry analyst research services is closely associated with the frequency of change in an industry. So the largest analyst firms tend to have extremely dynamic offerings, and the concentration of service offerings of all market players tends to focus on industry areas that are currently undergoing change. There are three industry analyst firms that have been in continuous operation since 1970 or earlier. Computer Review

468-590: The associated certification of data center compliance with the standard. Founded in 1987 by Kenneth G. Brill, the Uptime Institute was founded as an industry proponent to help owners and operators quantify and qualify their ability to provide a predictable level of performance from data centers, regardless of the status of external factors, such as power utilities. 451 Research was formerly part of 451 Group. Until being acquired by S&P Global in December 2019, it

494-684: The competitive offerings of the other public and non-public companies that comprise the market. In many industries there is significant overlap between the work product of industry analysts and financial analysts. The information technology and consulting industries, however, are examples of industries where a significant proportion of important market participants are not publicly traded entities with readily available information and highly regulated disclosure requirements. Most analyst firms focus on one or more market segments , such as cloud computing , wireless communications, audit services, or pharmaceutical industry safety monitoring . Analyst firms and

520-443: The disclosure of certain information that may be disclosed to analysts in the normal course of their research, limiting their ability to fully disclose research findings to buyers of any research deliverable. Some research organizations now refuse to sign confidentiality agreements with vendors or service providers. But there may be a legacy of agreements in place that perpetually limit disclosure for some large vendor clients, so some of

546-552: The firm until 1999. Many industry analyst firms and analysts trace their roots to one of these three firms, particularly IDC, Gartner and the Yankee Group. [1] George Colony, for example, was an analyst at the Yankee Group before founding Forrester Research. Dale Kutnick was also a Yankee Group analyst and equity holder before joining Gartner and later founding the Meta Group, which was subsequently purchased by Gartner. Yankee Group

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572-517: The most ability to influence purchases of goods and services by clients, and to bypass controls analyst firms may have in place to preserve that objectivity by limiting direct access to certain analysts for non-research purposes. There is also the issue of analyst firms signing boilerplate confidentiality agreements with vendor firms. This occurs when licensing research or performing advisory work, or when conducting detailed briefings in advance of announcements. The language in those agreements often limits

598-619: The primary contact for research and advisory services firms as well, to concentrate and better leverage spending on related products and services. Companies participating in the industry analyst profession have not adopted universal standards for employee education, skills, or professional conduct. Some firms adhere to standards set by competitive intelligence, market research or other professional associations. Overall, this situation results in competitive differentiation among analyst firms. Most analyst firms require above-average written and oral communication skills. Analyst objectivity and accuracy

624-643: The same stakeholders that also buy services from analysts. This has caused the integrity of the research to be questioned, which is covered in more detail below. These research subjects include product and service buyers, users, and implementers; the product and service providers themselves, including their key supply chain partners; and sources of investment capital for the vendors, capital for client purchases of vendor products and services, and regulators. Analysts also perform at least passive sales support for their firms, such as contributing to sales meetings, contracts, project profitability, or lead generation programs. This

650-478: The smaller firms have limited work with vendors. Burton Research, for example, enforces a cap of 20% of revenues to be derived from product vendors or service providers. Burton is now owned by Gartner, and continues to limit its vendor expenditures. Real Story Group is a small boutique firm that performs research on products and publishes evaluations. It works solely for buyers and refuses to accept business from vendors that are subjects of its evaluations. Despite

676-731: Was ultimately acquired by 451 Research in 2013. [2] Jim Lundy and Mike Anderson were analysts at Gartner before they founded Aragon Research. A community of more than 740 analyst firms spans the world. Research and advisory staffs at these companies range from one person to more than 1,000. Well-known analyst firms using "traditional" business models include 451 Research , Gartner , IBISWorld , International Data Corporation , Informa Telecoms & Media , SNL Kagan , Ovum Ltd , Yankee Group , Digital Clarity Group and Aragon Research . The "traditional" business model, based on continuous information services (CIS, aka subscriptions ) where analysts author reports that are then sold to many clients

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