Gartner, Inc., a global research and advisory firm, has been in focus recently. This is evident from various IT conferences and forums including the Gartner IT Symposium/Xpo™ 2024 held in Barcelona, Tokyo, and Orlando. Earnings have been reported intermittently, indicating both positive and negative shifts. The company's Keynote Speakers have been announced at different Symposiums. Pertinent to the bio-tech sector, Gartner's Hype Cycle has revealed defining technologies that will revolutionize sales in the next decade. Other initiatives include creating an effective cybersecurity roadmap, and the discussion of IT infrastructure, operations, and cloud strategy at their 2024 conference in Sydney.
The firm is also keeping pace with sustainability, focusing on sustainable technology. Reports show that Gartner's IT expenditure is expected to witness an 8% upsurge in 2024.
Despite experiencing some downtime, Gartner has made a robust comeback: Its stock has risen by 34%, and exceeded the Q2 earnings and revenue estimates, thereby earning labels of a strong momentum stock. The obligation to report Q2 earnings again hints at more potential advances.
Gartner's future outlook is promising as it anticipates a boost in global IT spending owing to Gen AI, and positions itself as a key driver of tech innovation.
Gartner IT News Analytics from Mon, 11 Sep 2023 07:00:00 GMT to Sat, 31 Aug 2024 16:22:53 GMT - Rating 7 - Innovation 4 - Information 8 - Rumor 5
