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Forrester Research Inc (symbol: FORR) stands as one of the world's foremost research and advisory firms, providing invaluable insights to business and technology leaders. The company’s mission is to help organizations develop customer-obsessed strategies that drive meaningful growth. Forrester's unique insights are derived from annual surveys of over 500,000 consumers and business leaders globally, utilizing rigorous and objective methodologies.
Forrester operates through three main segments: Research, Consulting, and Events. The Research segment creates and delivers comprehensive research, connect, and analytics products. The Consulting segment focuses on generating revenue through tailored consulting services, helping clients implement strategies based on Forrester’s research. Lastly, the Events segment develops and hosts both in-person and virtual events, providing platforms for executive peer networking and knowledge sharing.
Forrester’s offerings include proprietary research reports, custom consulting services, exclusive executive peer groups, and a variety of events aimed at challenging clients’ thinking and empowering them to lead transformative changes in their organizations. Recent achievements of the company include expanding its research into emerging technologies, forging new partnerships, and enhancing its data analytics capabilities.
Financially, Forrester has maintained a strong performance, showcasing growth in revenue across its different segments. The company continues to innovate and deliver value to its clients, underpinned by its commitment to rigorous research and objective analysis.
To learn more about Forrester Research Inc and its latest updates, visit their official website or check the latest news section.
Forrester Research (FORR) reported Q3 2024 financial results with contract value (CV) at $315.2 million, down 5% year-over-year. Total revenues were $102.5 million, compared to $113.4 million in Q3 2023. The company reported a GAAP net loss of $5.8 million ($0.30 per share), versus net income of $2.5 million ($0.13 per share) in Q3 2023. Adjusted net income was $5.6 million ($0.29 per share). The company maintained its full-year 2024 guidance with total revenues expected between $425-435 million and adjusted operating margin of 8.5-9.5%.
Forrester (FORR) has announced the complete agenda for B2B Summit North America, scheduled for March 31–April 3, 2025, in Phoenix and digitally. The conference addresses critical trends in B2B transactions, including the prediction that over 50% of large B2B transactions ($1M+) will be processed through digital self-serve channels in 2025. The event will feature more than 50 interactive sessions focusing on revenue processes, customer trust, and technology implementation. Key topics include changing generational buying behaviors, AI's influence, and adapting to new buyer dynamics. The summit offers early-bird pricing until December 3, 2024, saving attendees $600, and includes a 20% team discount.
Forrester Research, Inc. (Nasdaq: FORR) has announced its upcoming third-quarter earnings conference call, scheduled for November 5, 2024, at 4:30 p.m. ET. The call will be accessible via the company's website, Forrester.com. Investors are advised to log on at least 15 minutes before the broadcast to ensure they have the necessary audio applications installed. Participants can pre-register for the call through a provided link. For those unable to attend the live broadcast, a replay will be made available on Forrester's website. This announcement ensures shareholders and interested parties have the opportunity to stay informed about the company's financial performance and future outlook.
Forrester's 2025 technology and security predictions highlight that 75% of technology decision-makers will face moderate to high technical debt by 2026 due to rapid AI development. To address this, tech leaders are expected to triple the adoption of AIOps platforms in 2025. Key predictions include:
1. Private cloud gaining momentum with VMWare alternatives
2. Enterprises scaling back AI investments prematurely due to ROI concerns
3. The EU likely to fine a generative AI provider under the EU AI Act
Forrester emphasizes the need for IT leaders to invest in culture, data, architecture, and security practices alongside AIOps to accelerate business growth. The predictions aim to help leaders prepare for future challenges and opportunities in areas such as AI, automation, cloud computing, and cybersecurity.
Forrester's 2025 B2C marketing and customer experience (CX) predictions reveal significant shifts in consumer behavior and industry trends. Key highlights include:
- Brand loyalty is expected to decline by 25% in 2025 due to rising prices
- Loyalty programs will gain popularity as consumers seek value
- Investment in unifying data for loyalty and marketing tech stacks will triple
- Generative AI will displace 100,000 frontline agents from top global contact center outsourcers
- TikTok is predicted to remain operational in the US, despite government pressure
These predictions emphasize the need for B2C marketing, digital, and CX leaders to focus on improving data infrastructure for better customer insights in 2025.
Forrester's 2025 B2B marketing and sales predictions reveal significant shifts in the B2B landscape. Over 50% of large B2B transactions (US$1 million+) are expected to be processed through digital self-serve channels, driven by Millennial and Gen Z buyers. This shift necessitates providers to focus on creating positive buying experiences rather than transaction processing.
Key predictions include:
- Half of CMOs and CSOs will fail in reorganization attempts
- 50% of younger buyers will consult 10+ external influencers for purchases
- Most enterprises may prematurely scale back AI investments due to impatience with ROI
Forrester emphasizes the need for B2B leaders to prioritize revenue process improvements and customer-centric growth strategies in 2025.
Forrester (Nasdaq: FORR) has announced the full agenda for its Security & Risk Summit 2024, scheduled for December 9-11, 2024, in Baltimore and digitally. The event aims to help security, risk, and privacy leaders reimagine their strategies in light of AI and quantum computing advancements. Key topics include:
- Transforming security from a cost center to a profit powerhouse
- Building proactive risk departments
- Accelerating business with trusted cloud applications
- Reimagining protection, detection, and response frameworks
- Applying new thinking to identity and fraud management
Notable sessions will cover Forrester's 2025 predictions, AI in security operations, data security in the AI and post-quantum era, human risk management, continuous risk management, and biometric engagement models. The summit will also recognize the Security & Risk Enterprise Leadership Award winner and partner with Women in Security and Privacy.
Forrester has announced the recipients of its 2024 Technology Awards for EMEA, to be honored at the Technology & Innovation Summit EMEA. BNP Paribas Bank Polska S.A and Smart DCC are winners of the Technology Strategy Impact Award, while DRÄXLMAIER Group wins the Enterprise Architecture Award. These organizations are recognized for leveraging technology investments to drive business growth.
BNP Paribas Bank Polska S.A developed an IT strategy resulting in a modern, scalable multi-cloud hybrid infrastructure. Smart DCC worked with partners to enhance smart metering and IoT interoperability, contributing to the UK's net zero carbon goals. DRÄXLMAIER Group used Forrester's enterprise architecture model to adapt to the shift towards electric vehicles, driving innovation and optimizing processes.
The Technology & Innovation Summit EMEA will take place in London and digitally from October 9-11, 2024, focusing on high-performance IT, AI adoption, and firm growth.
Forrester (FORR) has introduced a new research service, Forrester Decisions for Data, AI & Analytics, aimed at empowering data and technology leaders to make strategic decisions rooted in data and analytics and build the foundation to scale AI. The service, announced at Forrester's Technology & Innovation Summit North America, will help chief data, AI, and analytics leaders build insights-driven competencies and align their data and AI strategy.
Key priorities addressed by the service include: activating effective data and AI strategies, architecting modern platforms, developing governed data and AI products, driving decisions with business intelligence, advancing through AI innovation, and building adaptive data organizations. The service will be available on October 29, 2024, offering research-based insights, tools, and frameworks with continuous guidance to accelerate progress on data and AI initiatives.
Forrester (Nasdaq: FORR) is set to unveil its 2025 tech leadership and artificial intelligence predictions at the Technology & Innovation Summit North America. Key highlights include:
1. Enterprises will align data and AI strategies with business strategies for long-term success.
2. Tech leaders will prioritize stronger alignment with chief data officers.
3. 90% of global tech decision-makers expect increased investment in data infrastructure.
4. Organizations will pivot back to predictive AI for over half of AI use cases.
5. AIOps platforms will be relied upon to reduce technical debt and improve outcomes.
The summit will also showcase new research on high-performance IT, emerging technologies, AI-augmented enterprise applications, and vector databases.
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