Gartner just released the successor (but not a replacement) to the Hype Cycle: the Gartner IT Market Clock
The press release is here: Gartner IT Market Clock
Gartner just released the successor (but not a replacement) to the Hype Cycle: the Gartner IT Market Clock
The press release is here: Gartner IT Market Clock
Originally posted here: Contentious conversations in analyst relations
As a side note, shooting on the referee rarely helps -the IIAR now has a best practice paper on how to deal with the Gartner Magic quadrants available to our member on our extranet.
Contentious conversation 1 – integrity of analysts and the future of AR
Blog my Tom Bittman from Gartner – A Rant – My Integrity as an Analyst
Summary: Gartner analyst angry that he has to justify his integrity
My view: Edelman trust barometer consistently shows that over the past few years analysts are the most trusted
Key comments: Vinnie Mirchandani questioning whether Gartner’s reliance on large vendor subscriptions means that their reports are truly representative
What this means:
There is an ongoing fight regarding how independent an analyst can be if they receive money from vendors. Whereas some firms in the past have been ‘White Paper for hire’ houses, they tend to lose industry respect very quickly and go bust. What can not be in doubt is that in subscribing to an analyst house, you have the ability to pay for more time in front of the analysts leading to a greater chance to educate them – often this will result in a more favourable position. I am not saying that to be successful in AR you need to have subs, it is more a case of – it helps.
The secondary argument (and possibly more important) is by having a look at who the key participants in this debate are. On one side we have the analyst and the other we have the IT advisor. The latter group frequently comes from an analyst background (see Vinnie Mirchandani, ex-Gartner; Ray Wang, ex-Forrester) but in their current role do not have a research agenda. By default this does not make them (in their mind) an analyst.
However, I believe we are playing semantics. Our view in AR needs to be simple: if they affect IT buying then they are an influencer and need to be dealt with accordingly. AR most closely deals with these individuals – we may need to adapt a different name so that they don’t get upset by being labelled analysts but they will remain a key audience for us to engage with and should continue to enjoy the same disclosure benefits that traditional analysts enjoy. With the growth of firms like Altimeter Group, this fundamental shift towards a larger influencer group will become more important than ever over the next few years.
Contentious conversation 2 – analysts liable for ‘incorrect’ positioning
Article in IT Knowledge Exchange – Email archiving vendor sues Gartner over Magic Quadrant
Summary: Claiming that Gartner’s MQ constitute “disparaging, false/misleading, and unfair statements” about its email archiving product that have done damage to its sales prospects, ZL filed suit for damages of $132 million to account for lost sales.
My view: This fight has caused great PR for ZL but someone’s position in an MQ should not be a surprise. If a vendor believes they are unfairly positioned the time to argue this point is before the quadrant is published.
The power of a positive ranking in Gartner is immense because it is often the case that large purchases of technology are based exclusively on the MQ Reports…For instance, the Office of the Inspector General, Department of Veterans Affairs (VA) recently conducted an investigation into the use of the Gartner’s MQ reports in connection with the VA’s $16,000,0000 purchase of certain leases and services from Dell. The Office of Inspector General reported that the VA made this large purchase based solely on the leadership rankings in the relevant Gartner MQ report. (source: initial complaint)
In Mark Logic’s excellent analysis of this case, he makes the following comment about whether having the best technology means that someone should be positioned superior to another company who simply has better sales and marketing.
While Ingres arguably had the best database technology in the 1980s, Oracle’s sales and marketing prowess caused it to win the market and any analyst who — focused solely on the technology — would have recommended Ingres at that time would have done his customers a disservice.”
What this means:
Like it or not, Gartner are the original 800lb gorilla. Whether it is right or wrong, the fact remains that their MQ inherently has an influence in IT buying behaviour. What AR pros need to do is work with the analyst ideally six months prior to any publication to fully understand what success criteria are to be better positioned as a leader and work towards those goals. A great way to understand how to work with an MQ can be seen in the great IIAR White Paper.
We have to accept that the firm with the best technology does not always win (see Betamax vs. VHS) – for a company to be successful, they will need to have a great product that is complemented by a sound go-to-market strategy. Luckily for us this is where AR can help.
Last week IIAR hosted a call with AR professionals about sharing best practices for managing the Forrester Wave. The IIAR last month published a paper about the Wave, which outlined common best practices in dealing with this high profile research report. Forrester is also in the middle of reviewing changes to the methodology, although it has signaled it doesn’t expect major changes this go around.
Curious to get other AR managers’ thoughts on the Wave. What has been your experience, and do you have any best practices you want to share?
For IIAR members, the paper is available on our extranet > Managing the Forrester Wave
London, 1 October 2009: Today, the Institute of Industry Analyst Relations (IIAR) is announcing its Analyst Relations Certification examination, the first independently administered qualification for analyst relations (AR) professional.
The examination is aimed at encouraging AR managers to master best practices, analyst protocol, and basic knowledge of the industry.
AR professionals who take the examination, which consists of a multiple choice test on a wide range of topics related to the discipline and execution of analyst relations, are deemed “certified” by the IIAR. The test is administered by the IIAR and is open to both members and non-members. The fee is £100 for non-members and includes the opportunity for one retake if candidates initially fail the test. The exam is free for IIAR members.
In addition, the AR Certification examination will form the foundation level for an Advanced AR Certification, which is currently under development. The Advanced AR Certification is aimed at AR professionals with four or more years of experience, and assessment will be based on length of service, proven track record and contribution to the enhancement of analyst relations as a profession.
Peggy O’Neill, Board Member of the IIAR, said “We’re excited to be launching the AR Certification examination, which for the first time provides AR professionals with an opportunity to demonstrate their industry experience and knowledge through an independently administered qualification.”
Kathy Nottingham, Director of Industry Analyst Relations for Lawson Software, and the first analyst relations professional to be certified by the IIAR, commented “Industry certification is good for analyst relations professionals as individuals and as a group. While each AR role is unique, the practice of AR has evolved to a point where we have established proven best practices. The IIAR has developed an AR certification test that validates a baseline of AR knowledge and expertise.”
For further information and to view sample questions, please click here.
About the IIAR
Established in April 2006, the Institute of Industry Analyst Relations is a non-profit organisation dedicated to raising industry awareness of the value of analyst relations, promoting and sharing best practice in AR, enhancing communications between vendors and analyst firms, and providing opportunities for AR professionals to meet and network with their industry peers. For further information, visit www.analystrelations.org.
Jeff Mann from Gartner has posted an interesting account on How Gartner Symposium Happens.
While it won’t be new news to seasonned AR professionals, it should still be worked in your AR plan to time key tactics and ensure your key analysts understand your company positioning and roadmap before they’re on stage.
Question: what do you get if you combine the analyst of the year (Ray Wang), the analyst blogger of the year and author of Groundswell: Winning in a World Transformed by Social Technologies (Charlene Li), the most influential social media analyst (Jeremiah Owyang) and the previous lead of the Social Media Lab at Proctor & Gamble in one analyst firm?
Ever since Charlene jumped the ship and setup Altimeter her mission has been to focus less upon future trends to a more pragmatic customer-focused model. She explains:
Instead of worrying about the next wave of technology, focus on what your customers are using – or not using yet.
I was fortunate enough to have a conversation with Jeremiah to understand what the future brings…
What is Altimeter Group?
We are a company that focused on emerging technologies. Whereas yesteryear people looked at faxes and mobiles – now the focus is social media. Now the big disrupter is social. Change is coming at an increased pace but companies don’t have a policy to respond. Altimeter aims to help companies by evaluating technologies, identify key players and let people test in a safe setting.
The future of business requires a holistic approach to adapting and integrating emerging technologies.
Are you an analyst house?
We are not an analyst firm – we are consultants. This is because an analyst is someone who has a research agenda. Instead we would like to have a few select relationships with clients and guide them through this process.
What are you each going to cover?
Ray mentioned specifically that he is:
Looking at bridging today’s world of enterprise apps with the E2.0 world of connected business platforms
What’s unique to Altimeter Group?
One of our key announcements is The Hanger
Physical and virtual spaces to facilitate experimentation
I think this is a great idea as it will enable that testing station in a safe environment to evaluate the most appropriate technology for a client. Surely this is better than installing it, paying thousands on consultancy support only to find it was the wrong thing to do.
How do you hope to remain as influential now that you have left Forrester?
It’s quite interesting to see that I have already lost quite a few subscriptions from my blog after I left. Some people value the Forrester brand over mine. However, what I am after is to seek fewer relationships more in a deeper capacity. I want to have long term relationships with clients
What type of customers will you be targeting?
Primarily these will be large brands. However, we would also expect a small set of clients to be vendors who want help with their product. The percentage split will still be more end users./brands vs. vendors. The priority will always be to help the buyers first.
You are all based in the US – any thoughts of having a more global reach – or does this not matter as social media enables global communities?
If things go well, we will go where our clients are but no plans yet.
There are two major impacts on this announcement.
The first is understanding how the business model has changed. Jeremiah positions his company via an analogy of a general contractor for a building project. What they want to do is ensure that the blueprints and plans are right before anything is built. I like this model as it is far more pragmatic for buyers.
From an AR point of view, the main difference is that they are not analysts.
They are not out to replace Forrester. In fact, what they are set to do is complement analyst thinking. They are a small company based in the US that is not out to compete against Forrester think it is a moot point in the whole definition game of ‘what is an analyst’ – the key thing to remember from an AR perspective is that they are influencers in the buying process and must be respected and engaged with as such.
End note: This post was meant to be published at 5pm UK when the embargo was lifted. However, seeing as this has now been broken and Ray Wang has given permission for it to go early, this has now been posted.
London, 25 August 2009: The Institute of Industry Analyst Relations (IIAR) today named Ray Wang, most recently Vice President, Principal Analyst with Forrester Research Inc., as its Analyst of the Year for the second year running. Ray was nominated by a global survey of 137 analyst relations professionals. Runners up for the title were Jon Collins of Freeform Dynamics and David Mitchell of Ovum. Jon Collins of Freeform Dynamics was voted the EMEA Analyst of the Year. Perhaps unsurprisingly, given an industry-wide retrenchment in IT research spending, the traditional global analyst firms performed very strongly this year. Gartner, Forrester Research and IDC were ranked first, second and third respectively in the Analyst Firm of the Year category. The three firms were also highly rated in terms of their importance, achieving top three places in five of the nine industry segments. Nevertheless, boutique firms and specialists, particularly those based in Europe, also managed to hold their own in a tough economic environment. Freeform Dynamics, RedMonk and Quocirca all appeared in the top five Analyst Firm of the Year in EMEA, and their analysts scored highly in terms of importance in SMB, developer/IT Pro and Software, and green IT/sustainability, respectively. What do AR professionals most value when working with analysts? In addition to knowledge and market insight, flexibility in approach, responsiveness and willingness to listen all scored highly. “At a time when vendors are having to evaluate carefully where they should invest their limited funds, it is refreshing to see best-of-class analysts receiving recognition for the value they deliver.” said Jonny Bentwood, Board Member for the IIAR. “Now, more than ever before, analysts have to prove their tangible worth and those that provide independence, integrity, flexibility and deep industry knowledge of their specific areas are being recognised as true partners for vendors and IT buyers.”
Commenting on his award, Ray Wang said: “It’s a great honour to be recognised by the IIAR, especially in a year where clients challenge analysts to provide more actionable and personalised advice. As we rely more on social media tools to improve client delivery and outreach, I’m often reminded not to forget the other part of the equation – building strong relationships. In fact, the best AR pro’s I work with master the art of fostering strong relationships and understand that art often trumps science when dealing with people.”
A full list of the winners can be found at http://blog.analystrelations.org.
Duncan Chapple from Lighthouse AR has posted on his blog the following entry: Datamonitor, Ovum & Butler cohabitation makes AR easier (Analyst Equity).
Overall, I would say the reactions were very postive, juste tempered by a “wait and see” attitude towards whether they will execute efficiently. This is my personal take on some of the reactions and by no means an IIAR position or the aggregation of all the present members opinions. We can’t say too much as we’re bound by an NDA, but here are my thoughts -for what they’re worth.
Still personally, I think this goes in the right direction and if they they execute it correctly, we will end up with:
It’s all too easy to assume that by briefing the lead analyst on a vendor or on a coverage area, your job as AR professional is done.
While some firms have robust sharing practices, such as repositories for presentations and vendor briefing teams that check which other analysts may be interested in a briefing, you can’t rely on those for the following reasons.
Key learning point: look further than the “obvious” analysts, remember your job is to sell ideas and not everyone’s buying off plans!
(Our thanks go to Steve Keifer for writing this appreciation of Larry De’Ath, who died this time last year. Steve outlines Larry’s views on analyst relations, which were always notable. I first came across Larry in 1999, when he was at Merant, but really got to know him in 2004 after he joined GXS. It’s a pleasure to bring his insight to a wider audience.)
Last April, Larry De’Ath, a good friend and colleague of mine passed away. I had the opportunity to work with Larry for a little over four years during his time at GXS. Larry had a number of things he was extremely passionate about – the RIM Blackberry device; drinking Diet Coke; golf trips to Thailand; Chinese history and culture; and most importantly, his two daughters. But at work his passion was concentrated on analyst relations. Before I met Larry I had never really given much thought to the function of Analyst Relations (AR). To me, it was just one of those things that the Public Relations(PR) team did in addition to their core purposes of issuing news releases, seeking media coverage and shaping public opinions about the firm. But to Larry, AR was the most important aspect of corporate communications.
It is amazing how when you meet someone who is very passionate about a particular hobby, subject or career, how that person’s enthusiasm can shape your opinions as well. Such was the case with AR and Larry. Through my work with Larry, I gained a newfound appreciation for the complexities of AR. And I learned how someone who is highly skilled in the AR trade can generate significantly higher ROI from analyst firms and broader market influence. AR is really about building relationships with people and attempting to influence their thinking on topics relevant to your company. I think one of the keys to Larry’s effectiveness with AR was the fact that he held sales roles earlier in his career. As a result, he had strong relationship building skills and he knew how to sell ideas.
Having had one year to reflect on the lessons I learned from Larry, I decided to put together a Top 10 list of the Best Practices in AR he advocated. My list is below, but I would encourage those of you who knew Larry personally to add your own comments as well.
#1 – Separate the research function from the relationship function
There are two primary functions related to analysts within technology vendors. One function is primarily inbound and research-oriented, focused on reviewing secondary market research for the purposes of competitive analysis, market sizing and SWOT analysis. The other is primarily outbound and relationship-oriented, focused on briefing analysts on new product releases; corporate strategy and customer case studies. Larry believed that although the two functions were closely related and interdependent, there was also a logical segmentation between the two. The process of analyzing the research and supporting inquiries from within the organization can be quite time-consuming, handicapping the ability to perform important outreach activities. Consequently, Larry always recommended a clear division between the responsibilities so as to avoid any competing priorities.
#2 – Centralized management of corporate communications programs
Larry believed in centralized management of AR out of global headquarters. Even regional activities local to Europe, Asia and Latin America, he thought should be coordinated centrally. In fact, Larry advocated that not only PR and AR, but also Investor Relations (IR) should be owned by one group. However, for public companies, Larry recognized that IR functions require a direct reporting relationship to the CFO to be credible. The benefit of centralization was to ensure consistency and mitigate the risk of mistakes. Larry also believed that maintaining relationships with analysts was a key function that should not delegated to an outside firm. Consequently, he frowned upon the use of specialized, external agencies.
#3 – You can never have too many people at an analyst briefing
Larry viewed the role of the AR manager as a facilitator. His job was not to be the expert on every aspect of the company’s products, customers, financials and strategy. Instead, he viewed his role as providing analysts with access to the most knowledgeable subject matter experts for various disciplines. He was not afraid to ask for time commitments from executives to ensure that each and every question an analyst had during a formal briefing could be adequately addressed. Consequently, it was not uncommon for Larry to gather ten or more people in the room for an important briefing with a single Gartner, Forrester or AMR analyst.
#4- Invest strategically in Tier 2 research firms
Many marketing executives are tempted to concentrate all analyst focus on the top 4 firms (Gartner, Forrester, IDC and AMR). However, Larry always sought to diversify his spend. He would reserve a healthy percentage of his budget to fund other analysts he viewed as strategic, even if they did not have the brand name, reputation or reach of the Tier 1s. For example, Larry was a strong advocate of firms such as Yankee Group and Current Analysis. One of the key benefits Larry advocated in working with Tier 2-3 firms was the flexibility they could offer for custom market research, joint public relations and contracted marketing services.
#5 – Demand high-performance from the analyst account teams
Larry took his role very seriously and expected those supporting him to have an equivalent level of commitment. If he believed he was not receiving adequate service Larry would not hesitate to escalate his concerns until the issues were resolved or a new point of contact was assigned. Many vendors are reluctant to complain about poor service from the client managers at the analyst firms for fear of negatively impacting vendor reviews. However, Larry understood the analyst firms well enough to know that their primary concern was client satisfaction.
#6 – Understand what is important to the analyst both professionally and personally
Larry would make a point to understand how analysts were measured and what flexibility they had to work with vendors. He would then focus on ways he could help the analyst meet their targets for research publications or end-user client inquiries. Not only did Larry understand the professional motivations of the analysts he worked with, but he understood their personal ambitions as well. For example, he could tell you whether the analyst was planning to have any kids; whether they were planning to have surgery; or whether they were planning to buy a second home on the beach. Sometimes he would call analysts with no particular reason other than just to say hello.
#7 – Shape the marketing programs budget to benefit AR
Most executives recognize the importance of maintaining good-relationships with a group of key influencers in the purchasing process is known. However, they are also cautious about committing too much budget to AR functions. Larry was always creative in finding ways to supplement the core spend levels he maintained for research and advisory services. One of the strategies I always admired was how he was able to leverage other marketing programs budget to effectively increase the total spend he committed to key firms. For example, Larry would use analysts to judge customer awards programs; facilitate customer advisory councils; and present at executive planning sessions.
#8 – Advocate for the analysts internally within your organization
Larry recognized that the AR professional’s job was not only to advocate for his company with the analysts, but also to advocate for the analysts within his company. Larry would hunt down customer references to ensure that his analysts had adequate end-user engagement. He would proactively engage product managers to obtain pre-briefings for analysts on new product launches. If an analyst was visiting headquarters for an on-site briefing, he would schedule a 1-hour briefing that anyone on the management team could attend. All of these activities helped to increase the visibility of analysts within the company and supported efforts to justify continued investments in the AR programs.
#9 – Get executive face time
Larry believed strongly in providing one-on-one interactions between analysts and the CEO, CFO, CTO and other key executives. This practice was a win-win scenario for the AR group. The analyst valued the privileged access they were being provided to top level management. And the executives enjoyed hearing both positive and negative feedback from the analyst firm. The C-level sponsorship often resulted in much greater level of attention being applied to the issues, risks and challenges identified by the analyst. As a result, Larry could then follow up with the analyst to demonstrate how their feedback was taken seriously.
#10 – Treat vendor evaluations like a multi-million dollar RFP response
Larry placed an incredible amount of energy and focus towards vendor evaluations such as the Gartner Magic Quadrant and the Forrester Wave. He understood clearly the link between strong performance in analyst rankings and the competitiveness of the sales team in major accounts. Poor placement on the Magic Quadrant or Wave could result in being excluded from RFPs from major clients. Conversely, strong placement in the Leaders category along with advocacy from the leading analyst covering a technology segment, could be a key factor in winning large deals with multi-national customers.
I first need to start this post with an apology to Merv, as I’ve kept calling him Adrian -it’s probably that it sounded more like a first name than Merv to my little French brain. So, apologies Adrian Merv!
Anyway, Merv started a poll on should AR Provide Soft Copies of Briefing Content? and asked me to relay this. I thought the question is interesting.
I always send the decks in PDF, because it’s a more open format than .ppt or .pptx -an old habit I got at IBM since no one could read Freelance decks. It’s also much smaller, which avoids getting flame mails from analysts on the move -I know this shows my age by I remember a conversation with an analyst stuck in Italy and trying to download 1 meg email (it was a lot of bytes a the time) over a 32 bauds connection. Even if the ubiquity of WiFi changed quite a lot of things (including removing the need to travel with screwdrivers to connect to telephone socket in Italian hotels…), sending an 8 MB deck isn’t well received by analysts who travel a lot. Oh, and I always send them in advance to let the analyst prepare, ask him/her if she/he has specific questions and suggest my spokespersons to frame the briefing and plan for 20-40 mn of content per 60 mn slot to avoid death-by-Powerpoint. Obviously, some spokespersons don’t comply and that’s the life of an AR manager 🙁
Merv also mentions that AR like the fact PDF can’t be changed, that’s also a point: it’s easier to send the PDF and then if the analyst needs a graphic, let him/her request it and then make sure that it’s employed correctly. Briefing decks aren’t always checked by Legal, etc, and AR needs to make sure anything can be reused. PDF’ing a deck also removes the speaker notes, which are often not in synch or updated with new decks and my contain unwanted information.
This leaves the problem of making notes on a deck, in electronic format that is. Annotating a PDF using the full-Acrobat is a good solution but some comments on Merv’s post point that analysts like to past a deck structure into a word processor and start draft a research note this way.
But what about webcasts?
Turning the problem the other way around, why don’t the analyst provide their research as a Wiki that can be updated, where you could see different contributions including vendor reviews? There would be many issues associated with this idea but I thought it’s worth a debate?
Today the IIAR published my Best Practice Paper titled: “Managing the Gartner Magic Quadrant: a tool for analyst relations managers.” The paper is free for all IIAR members and can be found in the Library section of the IIAR extranet. In it, I discuss and give recommendations on the key stages of the Magic Quadrant and how to ensure you and your team are as prepared as you can be when the process begins; how to build internal support and manage expectations with your stakeholders; building the relationship with the relevant Gartner analyst; and providing customer references.
After I agreed to write an IIAR whitepaper about managing the Gartner MQ process I soon discovered that everyone has an opinion, in many cases an emotional one. In addition, I realised that the paper needed a focus or otherwise it could have easily been turned into a book. I will admit that I was selfish, that what guided me through the research and writing process was the question: what would have helped me in past situations working with the senior management at vendors? In the end, I aimed to create a pragmatic and useable document with sections that can be cut and pasted.
There’s so many people to thank for providing their insights and time. Moving forward I would like to keep writing about topics related to the MQs. I would welcome your comments, suggestions and stories (even under NDA).
IIAR members can read the full paper here > http://my.hdle.it/7601816
Related post: Gartner engages in debates on their blog
Those of us fortunate enough to be able to attend* yesterday’s IIAR Forum enjoyed a treat.
Ed Gyurko presented the latest IIAR whitepaper on Magic Quadrant submissions (available from Monday, free of charge to members). It will prove immensely useful to those who have to work on the seminal Gartner reports.
Following Ed was David Taylor who spoke about the IIAR’s plans for AR accreditation. These are really starting to take shape. David and the group he’s been working with deserve a lot of thanks for their hard work to date. There’s more that still needs to be done – but it’s definitely getting there and that’s very exciting.
And then we had the third highlight of the meeting – a spirited and informative debate with analysts from three firms that are focused on the IT services market: Kate Hanaghan of Bathwick, John Willmott from NelsonHall and Puni Rajah of TechMarketView (who was joined by her colleague Anthony Miller).
There are some clear differences between the three firms but all three are in agreement: relationships with clients are the key for success in the next 12 months. There was also consensus that good analyst firms would survive but there would be casualties among those unable to demonstrate the value they deliver.
While all three acknowledged the difficulties of doing business in the current market, TechMarketView was very upbeat about the future. Puni and Anthony are predicting that the overall analyst market will grow in size over the next year (and as a result, there will be more demand for AR people). It will be nice if those predictions come true.
There was plenty more discussion and our hour was quickly over. If you couldn’t make it, then I’m sorry. You did miss a really good meeting.
Finally, thanks to our analyst speakers for coming along and taking part in an absolutely fascinating debate.
* Attendees came from a wide range of companies including Accenture, BT, Capgemini, Cisco, CSC, CustomerClix, Edelman, HCL, Hill & Knowlton, Logicalis, Nortel, Oracle, Prasada, Richmond Green, Sunesis, Weber Shandwick and Zeus.
Carter usefully reminds us, via a post from Jeremiah Omywang, that analysts can do their jobs (provide detailed analysis on market trends and ICT vendor strategies) because they have gained over time un-matched access to leaders at ICT vendors:
Analysts providing advisory services to end users also bring into the mix the ability to cross-reference those sources with end-user input gained through their conversations.
Analysts are often “wicked smart” and sometimes excentric, so when it combines with that level of access on both sides of the marketplace, it always makes up for interesting conversations. That’s one of the reasons why, after all those years, I still find AR exciting and never dull!
As a result of doing some research on International AR practices and gaining input during the January IIAR forum in London, the following paper on “Why do International Analyst Relations matter?” (subscribers only) is now available to all IIAR members.
As AR professionals, we all are familiar with the value and sales influence of industry analysts. It can sometimes be a hard sell internally, because for ethical reasons analysts do not speak about their end-user client engagements. But anecdotal evidence shows that IT analysts influence most, if not all, large deals
But can you articulate the value and business drivers of International AR?
How many of us can rattle off the main business benefits for complementing corporate AR with an International AR program? Do we know the most important business drivers for regional and country level AR? Do we all have visibility on the multiple ways in which analysts in Germany, India, Singapore, Brazil, and China are impacting vendor sales, marketing and strategy daily, not to mention the ways in which they influencing end user procurement decisions?
And most importantly, are our stakeholders aware of the potential negative impact on the sales pipeline by not having any global AR outreach?
What do you think?
Tell us what your experience of international AR is if you’re analyst or an AR professional. Would this fit into your company model and culture? Have you similar ideas you would like to share?
For comments and input, please contact ewarner -at- analystrelations -dot- org.
Methodology and industry best practices for International AR is covered in a separate white paper, I’ll blog about this soon.
Following some critical comments from a vendor on a Magic Quadrant, Gartner analyst Andreas Bitterer posted an answer on his own blog: Setting the Record Straight
While personally I would not say that publically challenging a research piece is likely to produce a positive outcome for a vendor, it’s refreshing to see a Gartner analyst engaging in a public debate on his blog: it does a lot for transparency and credibility of the research.
So, kudos to Andy for taking the time to debate openly.
Related post: IIAR publishes Best Practice Paper on Managing the Gartner MQ
I started a draft a long time ago to describe what my job is, and as usual Carter was quicker off the mark 🙂
He wrote a nice one on Defining “Analyst Relations” (SageCircle Blog), see my comment below his post.
What do you think AR is?
I also bookmarked a while back those links:
Any other links I should add here?
Great post from Jeremiah Owyang from Forrester on the The 7 Tenets of the Connected Analyst.
My question to him is: how do you devise a research agenda and how maintain the right distance to separate reporting/blogging from analysis when your online life is connected, virtual and immediate?
Following a long week at Oracle Open World, I attended the West Coast IIAR meeting organised by Peggy O’Neil from H&K and hosted by Evan Quinn from HP, with several of my colleagues and a room full of AR peers.
Carter from SageCircle interviewed me (and Annemiek Hamelink from Wagged) after that exhausting week:
Oracle’s Ludovic Leforestier with a quick update on the Euro IT analyst landscape « SageCircle Blog
What do you think?
Are independent European firms doing well?
Are they influential and “largely untouched”?
As much as Analyst Relations professionals spend time pitching briefings to analysts, we also spend alot of time fielding briefing requests from analysts with specific needs whodon’t always appreciate how much work is required to set up a briefing. Before we actually get everyone in the same room or on the phone, we AR professionals need to:
We then need to steal time from those people’s day. For instance, if it’s a local briefing using pre-sales, how can we justify spending one full day of on screen demo with a local analyst when that resource could be working on a RFI for an important deal?
All that is not always easy, even if good AR folks are like swans: maintaining serene appearances while paddling frantically.
How can analysts help then? By being specific and actionable. For instance, if you just write a show email asking for a meeting like the one below, it doesn’t contain enough information to be truly actionable:
Good morning dear X,
How are you? Very well I hope. I have learnt that you had taken over responsibility for topic X at Vendor A.
I just wanted to make sure you knew that our firm had invested in the space and we now have a full time analyst covering topic X. His name is Y.
Could we schedule some time to meet, and we could perhaps meet some people on your team?
The easiest is to send us a professional (rather than personal), corporate-sounding email, that we can easily forward stating the following:
It doesn’t need to be War and Peace but it does need to contain enough information to help the AR professional fulfil your request as quickly and completely as possible.
Thanks to Naomi Higgins for her contribution to this post.