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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 (Nasdaq: FORR) launched Forrester Decisions for Security & Risk to aid organizations in managing cyber threats and risks. Notably, 54% of firms globally feel unprepared for security incidents. This service comprises three key components: bold vision research offering market insights, curated tools for strategic implementation, and hands-on guidance tailored to specific organizational needs. It aims to empower security leaders to protect their reputations against evolving threats and ensure compliance amidst rising customer data demands.
Forrester Research (Nasdaq: FORR) announced that its CEO George Colony, CFO Chris Finn, and CAO Scott Chouinard will participate in the Sidoti Fall Virtual Small Cap Conference on September 23, 2021, at 2:30 p.m. EST. A live webcast of their presentation will be accessible via the company's website.
Forrester is a leading research and advisory firm that helps organizations focus on customer-centric strategies to drive growth.
Forrester has launched new Forrester Decisions services aimed at B2B marketing leaders to enhance focus on their marketing priorities. These services include bold vision research, curated tools, and hands-on guidance designed to improve alignment within organizations, promoting customer growth and retention. Research indicates that aligned revenue engines see 19% faster growth and 15% higher profitability. Key initiatives involve formulating marketing strategies, enhancing brand experiences, and demonstrating marketing value, crucial in adapting to changing B2B buying behaviors heightened by the pandemic.
Forrester (Nasdaq: FORR) has launched Forrester Decisions for Technology Executives, a service aimed at assisting technology leaders in adapting to evolving business challenges. This initiative focuses on curated research, tools, and hands-on guidance to facilitate quick decision-making and enhance organizational performance. Notably, firms utilizing future fit strategies reportedly grow 2.7 times faster than competitors. The service addresses key priorities, including technology value, cybersecurity, and tech stack optimization, amidst significant shifts in work environments.
Forrester (Nasdaq: FORR) has appointed Chris Finn as its new chief financial officer, effective September 13, 2021. Finn brings over 20 years of financial management experience, having previously served at LogMeIn and Nuance Communications. His role aims to accelerate Forrester’s financial performance and double-digit contract value growth. CEO George F. Colony expressed enthusiasm over Finn's expertise in scaling businesses and optimizing value delivery. Forrester recently launched a new research product, Forrester Decisions, indicating growth in consulting and events sectors.
Forrester Research reported second-quarter 2021 revenues of $128.7 million, a 13.4% increase from $113.5 million in Q2 2020. Net income on a GAAP basis was $8.3 million or $0.43 per share, down from $11.8 million or $0.63 per share year-over-year. Adjusted net income rose to $12.7 million or $0.66 per share. The company is raising its 2021 guidance, expecting full-year revenues between $485 million and $495 million. Forrester highlighted a 9% growth in contract value and a strong cash generation of $70 million in the first half of 2021.
Forrester Research (Nasdaq: FORR) will host its second-quarter earnings conference call on July 28, 2021, at 4:30 p.m. Eastern Time. Investors can access the call via forrester.com and are encouraged to log in 15 minutes early. A replay will also be available for those unable to attend the live broadcast. As a leading research and advisory firm, Forrester assists leaders in various sectors by providing insights based on extensive consumer and business research.
On July 13, 2021, Forrester (Nasdaq: FORR) launches CX Reality Day to encourage companies to assess their customer experiences. Executives will engage in customer journeys to identify gaps between their brand promises and actual customer experiences. A critical step towards customer obsession, the event highlights that only 7% of enterprises are currently customer-obsessed, risking irrelevance. Companies that improve service experiences see increased retention, spending, and referrals. Forrester emphasizes the importance of aligning brand promises with customer experiences to drive growth.
Forrester Research (Nasdaq: FORR) has announced that CEO George Colony and CAO Scott Chouinard will present virtually at the Sidoti & Company Virtual Investor Conference on June 23, 2021, at 10:00 a.m. Eastern. A live webcast of their presentation will be accessible on the company’s website.
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