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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.
Gartner reported strong Q3 2022 results with revenues reaching $1.3 billion, a 15.2% increase YoY, and 20.4% growth FX neutral. Net income grew to $174 million, while diluted EPS rose 23.3% to $2.17. Adjusted EBITDA increased 8.5% to $332 million. The total contract value reached $4.5 billion, marking a 14.5% increase YoY FX neutral. The company's positive outlook and guidance were raised, reflecting a strong demand and robust operational performance.
Gartner's recent survey shows that while 89% of board directors believe digital business is integral to growth strategies, only 35% have achieved digital transformation goals. The survey highlights a shift in accountability, with 28% of directors naming CEOs as the primary leaders in driving digital initiatives. Additionally, 40% prioritize investing in AI and machine learning, while 64% plan to increase their risk appetite through 2024. Boards are evolving towards a 'digital economic architecture' to capture similar benefits as digital-native companies.
Gartner projects global IT spending to reach
Gartner, Inc. has highlighted key strategies for CIOs at the 2022 Gartner IT Symposium/Xpo held in Orlando. Emphasizing the importance of IT for sustainable growth, Gartner recommends focusing on revolutionizing work, responsible investment, and resilient cybersecurity. A recent survey showed only 31% of employees feel they have the necessary technology, underscoring the need for tech-enabled workforce solutions. Gartner also suggests investing in AI and innovative digital experiences to enhance employee engagement and drive efficiency while maintaining a commitment to sustainability.
Gartner, Inc. (NYSE: IT) will announce its financial results for Q3 2022 on November 1, 2022, before market opens. Investors can access the press release and earnings information on the company's investor website. A live webcast will take place at 8:00 a.m. ET to discuss the financial results. Participants can register for the call and receive a unique access PIN. Gartner offers actionable insights, aiding organizations in making informed decisions to enhance performance.
Gartner, Inc. (NYSE: IT) is set to host the IT Infrastructure, Operations & Cloud Strategies Conference from December 6-8, 2022 in Las Vegas, NV. This event will feature over 50 Gartner experts and more than 100 research-driven sessions aimed at enhancing customer experiences and operational resilience. Keynote speakers include Gartner analysts and noted guests like Captain L. David Marquet. The conference will also showcase 140 technology providers, offering insights into the latest I&O solutions.
Kintsugi, a Bay Area startup, has been recognized as a 2022 Gartner Cool Vendor in AI Governance and Responsible AI. The company specializes in voice biomarker technology to detect signs of depression and anxiety through short speech clips. Their API platform, Kintsugi Voice, integrates with healthcare systems for real-time mental health assessments. After recently raising $20M in Series A funding, Kintsugi aims to scale access to mental healthcare. The company's innovative approach utilizes the largest voice biomarker dataset globally, ensuring responsible AI practices.
Gartner, Inc. (NYSE: IT) announced that Chief Financial Officer Craig Safian will present at the Goldman Sachs 2022 Communacopia + Technology Conference. The presentation is scheduled for 10:00 AM Pacific Time on September 13, 2022. Investors can access the live webcast on the company's website, with a recording available for 30 days post-event. Gartner provides critical insights that help organizations make better decisions and improve performance. For more information, visit gartner.com.
Gartner Research Board reveals that digital transformation will lead to a new era where digital technologies become ubiquitous yet unremarkable, shifting focus to value creation from previous hype. As digital integration deepens, organizations will make more informed investments in productivity assets, enhancing GDP and living standards. The report highlights four trends: the fading prominence of digital tech, a shift in competitive dimensions, the regulation and potential outcompetition of digital giants, and an increasing focus on organizational resilience amidst rising technology risks.
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