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Gartner, Inc. (NYSE: IT) is the world's leading research and advisory company focused on information technology. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner provides critical insights and advice indispensable to decision-makers worldwide. The company serves over 9,000 enterprises globally, including corporate IT leaders, government agencies, high-tech and telecom enterprises, and professional services firms, as well as technology investors.
Gartner's offerings are segmented into three main business units: Research, Conferences, and Consulting. The Research segment, which contributes the majority of Gartner's revenue, delivers in-depth analysis and actionable recommendations via reports, briefings, and updates directly to clients' desktops. The Conferences segment organizes global events and forums where industry leaders share insights and network. The Consulting segment offers tailored advice to help organizations implement strategic initiatives and optimize IT investments.
With a team of over 1,480 research analysts and consultants among its 6,400 associates, Gartner has the expertise to cover a wide range of technology-related topics. The company is recognized for its comprehensive research methodologies and independent analysis, ensuring that clients receive objective and reliable information.
Gartner's recent achievements include expanding its global footprint, enhancing its digital platforms, and fostering strategic partnerships to deliver more value to its clients. The company's financial health is robust, with steady revenue growth driven by its diverse service offerings and strong client base in 85 countries.
Gartner continues to be a trusted partner to its clients, providing the essential insights needed to navigate the ever-evolving technology landscape. Stay updated with the latest news, reports, and analysis from Gartner to make informed decisions and stay ahead in the competitive market.
The 2021 Gartner CMO Spend Survey reveals marketing budgets have fallen to an all-time low of 6.4% of company revenue, down from 11% in 2020. Over 400 marketing leaders were surveyed across North America, the UK, France, and Germany. While CMOs initially expected budget recovery post-pandemic, actual spending has not rebounded. Industries notably affected include travel, hospitality, and manufacturing. The research highlights a significant shift towards digital channels, which now account for 72.2% of total marketing budgets.
The Gartner IT Symposium/Xpo™ 2021 is scheduled from October 18-21, 2021, at Walt Disney World Resort in Orlando, Florida. This premier event gathers CIOs and IT executives to explore leadership, technology, and business strategy amidst critical IT trends. Keynotes and sessions will focus on enhancing customer engagement and preparing for future work challenges. New initiatives include sessions on the Future of Work and Gartner's 2022 Board of Directors Survey. The Symposium aims to empower leaders to innovate and adapt in rapidly changing technological landscapes.
Gartner (NYSE:IT) announced the pricing of its upsized offering of $600 million 3.625% Senior Notes due 2029, increasing the original amount by $100 million. Expected to close on June 18, 2021, the offering aims to generate approximately $594 million in net proceeds. These funds will be utilized to repay part of existing term loan borrowings, cover related fees, and for general corporate purposes. The New Notes will be offered to qualified institutional buyers and are not registered under the Securities Act, implying regulatory constraints on their sale.
Gartner (NYSE:IT) has announced an unregistered offering of $500 million in Senior Notes due 2029. The proceeds will be used to repay existing term loan borrowings, cover related fees, and for general corporate purposes. Sales will be restricted to qualified institutional buyers under Regulation D and non-U.S. persons under Regulation S of the Securities Act. The offering's success is uncertain, influenced by market conditions and various risks, including the ongoing impact of the COVID-19 pandemic on the business and global economy.
Gartner, the leading research and advisory firm (NYSE: IT), announced that Craig Safian, Executive Vice President and CFO, will present at the Baird 2021 Global Consumer, Technology & Services Conference. The presentation is set for 9:05 am ET on June 10, 2021. A live webcast will be available on Gartner's website, with a replay accessible for 30 days post-event. Gartner provides essential insights and tools for over 14,000 enterprises globally, aiding decision-makers in various industries.
Gartner, a leading research and advisory company listed on NYSE: IT, announced that Craig Safian, CFO, will present at the William Blair Growth Stock Conference.
The presentation is set for 2:00 pm CT on June 2, 2021, and will be available via live webcast on the company's website. A replay will be accessible for 30 days post-event. Gartner provides insights and tools to help over 14,000 enterprises globally, supporting key decision-making across various industries.
Gartner, Inc. (NYSE: IT) reported strong Q1 2021 results, with revenues reaching $1,104 million, an increase of 8.4% from Q1 2020. Net income surged to $164 million, a 118.5% year-over-year increase, translating to diluted EPS of $1.84, up 121.7%. Adjusted EBITDA climbed 50% to $320 million, and free cash flow rose 364% to $145 million. Gartner repurchased over $600 million of stock by the end of April 2021, reflecting robust demand and effective cost management. The company updated its 2021 guidance positively.
Gartner, Inc. (NYSE: IT) will announce its financial results for Q1 2021 on May 4, 2021, before the market opens. The press release and financial supplements will be accessible on their investor website. Additionally, a webcast discussing the results will take place on the same day at 8:00 AM Eastern Time, with options for live streaming and dial-in participation. A replay will be available for 30 days post-call. Gartner is a leading research and advisory firm, serving over 14,000 enterprises globally, providing insights and advice critical for business success.
HaystackID is recognized as a representative vendor in the 2021 Gartner Market Guide for E-Discovery Solutions. This guide, authored by analyst Michael Hoeck, assists organizations in selecting e-discovery solutions. HaystackID's services, including Forensics First, Early Case Insight, and ReviewRight, were highlighted for their effectiveness in complex investigations. CEO Hal Brooks expressed pride in this recognition, reinforcing HaystackID's status as a trusted e-discovery partner.
Worldwide IT spending is anticipated to reach $4.1 trillion in 2021, marking an increase of 8.4% from 2020, as reported by Gartner. Organizations are shifting funding for digital business initiatives from IT departments to other business units. All IT spending segments are projected to experience growth through 2022, with the most significant increases in devices (14%) and enterprise software (10.8%). However, recovery rates vary by region and industry, suggesting a K-shaped economic recovery.
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