Gartner

Categories

Technology  
Media and Communications  

#648

Rank

$28.67B

MarketCap US

US United States

Country

Summary

Gartner Consulting provides fact-based consulting services that help their clients use and manage IT to enable business performance. 

Gartner's 1,200 analysts and researchers offer consulting services and advice to business executives in 80 countries. In addition, Gartner publishes original research and answers client questions.


History

1979: Instead, Gartner teamed up with David Stein, the two launched Gartner Group, Inc., with only $675,000 in venture capital.

1987: Within a year, the company ranked ninth on Business Week's list of "Best Small Companies and Corporations," and an overwhelming majority of the top Fortune 100 companies were part of Gartner's client list.

1988: Revenues for the fiscal year topped off at $40 million, which gave the company a profit of $2.3 million.

1989: Gartner decided to begin selling off many of the consulting firms that it had just purchased, including Gartner Group.

1990: Gartner Group was acquired by some of its executives, including Gartner himself, with funding from Bain Capital and Dun & Bradstreet.

1991: In an attempt to disenchant any other potential suitors, Gartner stated that he would quit when his contract expired if he lost the bidding, hoping that the idea of Gartner Group without its founder would be unappealing to another bidder.

1993: Gideon Gartner stayed with the company, on paper only, when he sold his equity position and completely severed ties with the company. Gartner Group finally registered earnings of $6.8 million on $122.5 million in sales for the year.

1994: Profits more than doubled to $15 million, and sales grew to $170 million.

1995: In July, Gartner purchased a majority interest in Relational Courseware, Inc. (RCI), a developer of computer-based training products. Gartner Group bought IT market researcher Dataquest Inc. and MZ Projekte, an IT research and recommendation firm serving Germany, Switzerland, and Austria.

1996: Gartner paid $2.5 million for project management software consultant Productivity Management Group Inc.

1997: The Parana Institute of Technology (Tecpar) and the Secretary for Science, Technology and University Instruction worked with Gartner Group to establish a research centre in Brazil that would work to modify Gartner products and services to meet the need of the Brazilian market.

1998: The firm's aggressive acquisition spree continued.

1999: Several events took place that undercut Gartner's performance.

2000: The firm changed its name from Gartner Group, Inc to Gartner. Sales neared the $1 billion mark, and operations spanned 80 countries. Gartner hired 441 new employees, including 24 e-business consultants, in the first half of the year as part of a $10 million employee recruitment and retention program.

2001: "Company Information." December.

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

2014: In March, Gartner announced that it had acquired the privately held company Software Advice for an undisclosed amount. Gartner also coined the term "Digital BizOps" and further developed the early philosophy for digital business operations.

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

2017: On January 5, Gartner announced it had reached an agreement to acquire CEB, Inc. in a cash and stock deal worth about US$2.6 billion. On March 7, Gartner announced that it has agreed to buy New York-based L2 Inc, which specialises in benchmarking the digital performance of brands.


Mission

“To help its clients and partners think different.”


Vision

“We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow.”


Key Team

Raul Elbio Cesan (Board Member)

Alan D. Duncan (Research Vice President, Data & Analytics Strategy and Chief Data Officer Advisory)

Angela K. Freeman (Board Member)

Alwyn Dawkins (EVP)

Anne Sutherland Fuchs (Board Member)

Andrew Spender (Group VP-Branding & Marketing Communications)

David Harris (Board Member)

Angela K. Freeman (Board Member)

Eileen M. Serra (Board Member)

Anne Sutherland Fuchs (Board Member)

James C. Smith (Non-Executive Chairman)

Brent Cassell (VP)

Karen E. Dykstra (Board Member)

Brian Kropp (Group Vice President)

Michael Bingle (Board Member)

Gideon Gartner (Founder)

Michael Harris (EVP)

Raul Elbio Cesan (Board Member)

Eugene A. Hall (CEO)


Recognition and Awards
Fortune: Most Admired Companies

References
Gartner
Leadership team

Gideon Gartner (Founder)

Raul Elbio Cesan (Board Member)

Industries

Technology

Media and Communications

Products/ Services
Research, Consulting, Conferences
Number of Employees
1,000 - 20,000
Headquarters
Stamford, Connecticut, United States
Established
1979
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0000749251
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
IT
Social Media

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Wed Feb 28 2024
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