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Mar 02
2009
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No one is going to IPO a research portalPosted by peter.carr in IPO , google , gartner , forrester , CIO , AR |
Downturns are always interesting times for the analyst industry. I’ve lived through a couple but always as staff. Layoffs always happen, as we have seen with Gartner and Forrester culling 2-3% of their respective global research headcount over the last month. Australia hasn't been immune. Management changes will occur as well as the usual chop and change of resources between companies. Further consolidation is inevitable.
What makes this recession interesting is that it is the first since 2005 when the last big spike in new analyst firms (like us) popped up on the radar. Times have been pretty good since then. However as a business owner I am glad that we started almost four years ago and not in the last 12-months.
Since those times we have made it abundantly clear to most organisations we talk to that a stretch end-game for us is IPO. We want to be the recognised Australian analyst brand. To get there our challenges are not just internal because the industry itself has changed dramatically in the eyes of the customer and analyst relations alike.
