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Gartner, Inc. - IT STOCK NEWS

Welcome to our dedicated page for Gartner news (Ticker: IT), a resource for investors and traders seeking the latest updates and insights on Gartner stock.

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.

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Gartner has identified three key priorities for CMOs to achieve marketing excellence in 2025: transcending disruption, elevating enterprise impact, and maximizing marketing yield. According to their survey, CMOs allocate nearly 40% of their budget to change and transformation activities. However, only 14% of CMOs are effective at market shaping, though companies with effective market-shaping CMOs are 2.6 times more likely to exceed revenue goals. The research also reveals that 58% of U.S. consumers feel misunderstood by brands, despite increased access to data and technology. While 95% of CMOs prioritize GenAI investments, Gartner emphasizes the need for strategic discipline and customer-focused approach.

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Gartner (NYSE: IT) has announced its CFO & Finance Executive Conference 2025 scheduled for March 24-25, 2025, at the Hilton Sydney, Australia. The conference will focus on 'Autonomous Finance: Driving Transformation, Productivity and Change' and address challenges like high interest rates, growth issues, labor scarcity, and AI implementation. The event features four specialized tracks covering CFO roles, FP&A, Controller functions, and Finance Transformation. Keynote speakers include Gartner analysts Mallory Bulman and Clement Christensen, alongside futurologist Magnus Lindkvist. Early-bird registration ends January 24, 2025.

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Gartner reported strong Q3 2024 financial results with revenues reaching $1.5 billion, up 5.4% year-over-year. Net income surged 130.6% to $415 million, while adjusted EBITDA grew 2.1% to $340 million. The company's contract value increased 7.3% YoY FX neutral to $5.0 billion, with Global Technology Sales CV at $3.9 billion (+6.1%) and Global Business Sales CV at $1.2 billion (+11.6%). Operating cash flow improved significantly, up 78.5% to $591 million. By segment, Research revenues grew 5.1%, Conferences increased 32.5%, while Consulting declined 3.9%.

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Gartner (NYSE: IT) announced that Craig Safian, EVP & CFO, will present at the J.P. Morgan Ultimate Services Investor Conference. The presentation is scheduled for 03:50 pm Eastern Time on Thursday, November 14, 2024. Investors can access the live webcast through Gartner's investor relations website, with a replay available for approximately 30 days after the presentation.

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Gartner forecasts worldwide IT spending to reach $5.74 trillion in 2025, growing 9.3% from 2024. Server sales are projected to nearly triple from $134 billion in 2023 to $332 billion by 2028, driven by GenAI investments. The forecast shows significant growth across sectors: data center systems (15.5%), devices (9.5%), software (14%), IT services (9.4%), and communications services (4.4%). CIOs are expected to increase GenAI spending beyond proof-of-concept work starting in 2025, though expectations for GenAI capabilities may decrease. The report predicts IT spending will surpass $7 trillion by 2028.

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A Gartner survey reveals that only 48% of digital initiatives meet or exceed their business outcome targets. However, a group called the 'Digital Vanguard' achieves a 71% success rate. This group distinguishes itself by co-owning digital delivery between CIOs and CxOs.

Key findings include:

  • Digital vanguard CxOs dedicate 35% of their business staff to technology work
  • Over 80% of CIOs expect to increase investments in cybersecurity, AI/GenAI, business intelligence, and integration technologies in 2025
  • 43% of CIOs plan to decrease investment in legacy infrastructure
  • Only 16% of CIOs prioritize building a technology workforce enterprise-wide
  • 18% of CIOs prioritize sharing technology leadership with other business areas

The survey suggests that CIOs' success now depends on their CxOs' success in co-leading digital initiatives.

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Gartner, Inc. (NYSE: IT) has announced it will release its third quarter 2024 financial results on Tuesday, November 5, 2024, before the market opens. The company will host a webcast call at 8:00 a.m. ET to discuss the quarterly results. Interested parties can access the live webcast at https://edge.media-server.com/mmc/p/bzs2cnzy, with a replay available for approximately 30 days after the call.

For active participation via dial-in, registration is required at https://register.vevent.com/register/BI696e4e3a8a3d4777bbb5e659fb9a014c. Registered participants will receive a dial-in number and a unique PIN to access the call. The press release and earnings supplement will be available on Gartner's investor website at https://investor.gartner.com.

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Gartner has unveiled its top 10 strategic technology trends for 2025 at the Gartner IT Symposium/Xpo 2024. These trends focus on AI imperatives and risks, new computing frontiers, and human-machine synergy. The list includes:

  • Agentic AI
  • AI Governance Platforms
  • Disinformation Security
  • Postquantum Cryptography
  • Ambient Invisible Intelligence
  • Energy-Efficient Computing
  • Hybrid Computing
  • Spatial Computing
  • Polyfunctional Robots
  • Neurological Enhancement

These trends are expected to shape the future of organizations through responsible and ethical innovation. Gartner predicts significant impacts, such as 15% of day-to-day work decisions being made by agentic AI by 2028 and 80% of humans engaging with smart robots daily by 2030. The report aims to help IT leaders navigate upcoming technological disruptions and opportunities.

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Gartner's survey reveals 57% of CIOs are leading AI strategies in their enterprises, but face four key challenges in delivering value with AI:

1. Uneven business benefits: Productivity gains from GenAI vary by employee, job complexity, and experience level.
2. Spiraling costs: Over 90% of CIOs report cost management limits AI value.
3. Data and AI proliferation: On average, only 35% of AI capabilities are built by IT teams.
4. Employee impact: AI can positively and negatively affect performance and well-being.

To address these challenges, CIOs must manage AI benefits as a portfolio, understand AI costs, implement a 'tech sandwich' approach for governance, and actively manage behavioral outcomes. The pace of AI adoption (steady or accelerated) depends on organizational ambitions and industry dynamics.

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A recent Gartner survey reveals that only 52% of senior marketing leaders successfully prove marketing's value and receive credit for contributing to business outcomes. The survey, conducted in April and May 2024, shows that CMOs ranked CFOs (40%) and CEOs (39%) as the top executives most skeptical of marketing's value.

Key findings include:

  • 47% of CMOs report marketing is viewed as an expense rather than a strategic investment
  • Leaders who communicate marketing's value through a long-term, holistic view are more successful in proving value
  • Incorporating complex metrics increases the likelihood of proving value by up to 1.8 times
  • Personal involvement in data and analytics initiatives significantly impacts CMOs' ability to prove marketing value
  • Major barriers to proving marketing's value are talent-related, including lack of necessary skills and analytical talent
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FAQ

What is the current stock price of Gartner (IT)?

The current stock price of Gartner (IT) is $518.54 as of December 11, 2024.

What is the market cap of Gartner (IT)?

The market cap of Gartner (IT) is approximately 39.9B.

What does Gartner, Inc. specialize in?

Gartner, Inc. specializes in providing research and advisory services in the field of information technology.

Where is Gartner headquartered?

Gartner is headquartered in Stamford, Connecticut, USA.

When was Gartner founded?

Gartner was founded in 1979.

What are the main business segments of Gartner?

Gartner operates through three main business segments: Research, Conferences, and Consulting.

Who are Gartner’s typical clients?

Gartner's typical clients include corporate IT leaders, government agencies, high-tech and telecom enterprises, professional services firms, and technology investors.

How many research analysts and consultants does Gartner have?

Gartner has over 1,480 research analysts and consultants.

In how many countries does Gartner have clients?

Gartner has clients in 85 countries.

What is the primary revenue-generating segment for Gartner?

The primary revenue-generating segment for Gartner is the Research segment.

How does Gartner deliver its research to clients?

Gartner delivers its research to clients through reports, briefings, and updates directly to their desktops.

Does Gartner organize events and conferences?

Yes, Gartner organizes global events and forums where industry leaders share insights and network.

Gartner, Inc.

NYSE:IT

IT Rankings

IT Stock Data

39.94B
74.90M
2.86%
93.23%
1.51%
Information Technology Services
Services-management Services
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United States of America
STAMFORD