As organizations look to analyst firms for guidance often little is offered. Analyst firms of today just validate a decision you have already made and comment on market conditions . As Dennis Howlett says in his post it is time re-evaluate The future of the IT Analyst Game
It is time for analyst firms to evolve their business models and add value to the organizations that are looking for more than to validate an already made decision. One of the problems with Analyst firms today is they comment and research technology which is useful but it must also be coupled with valuable business insight and real world experience. The real world experience plays an important part especially by bringing actual project management and product expertise which they are very knowledgeable about which can offer advice and counsel of what to look out for during selections, negotiations and even implementations.
Many of the Analyst firms today are based on the 80/20 model of which 80% of revenue comes from vendors while only 20% comes from organizations. Analyst firms need real products and services so that the customers they do have can derive valuable information towards things like pricing negotiation, project pitfalls, project planning and implementation experience to draw upon when counselling end users. As a Business Architect and Business Analyst and Project Manager with real world experience we are the new breed of Analyst/Consulting firm.
At Eval-Source we not only add value to the customer through strategic consulting if they would like but combine the business knowledge with technology solutions that solve what the organizations was originally looking for. Guidance with business expertise coupled with technology experience mixed in to steer the company to the best possible outcome whether it’s for software evaluation, benchmarking, investment evaluation, outsourced procurement or any other services that they are capable of offering. Our buy-side advocacy ensures that organizations get the best value for the consulting they pay for with real qualitative actionable results. These expertise have resulted in tangible products for organizations to gain from our experiences that drive immediate value. We will also be introducing evaluation consulting catered towards the SMB market specifically to allow them to get the best value for their money and the best solution for their company.
Now that Gartner has acquired AMR and gained quality supply chain expertise in the process will they be able to translate that to a changing business model that targets organizations ? Are organizations devaluing the Gartner recommendations as the pay to play model is being closely examined by companies and not finding much value in the magic quadrant as suggested? Will there be further consolidation in the Analyst market to force organizations that will only be left with one source to purchase research ?
We will have to see where the market will eventually evolve to, however the new breed of Consulting/Analyst firms should take note and try adapt by possibly being ready for what may become a more end-user oriented arena. Analyst such as Ray Wang at the Altimeter Group, Dennis Howlett, Vinnie the Deal Architect, Thomas Wailgum are all ERP advocates for the customer side, is this the new trend that will become the new model. With the ERP advocates gaining steam we are changing the dynamic of software is bought and sold so that there is a win-win for everyone involved.
Archive for the ‘Gartner’ Category
The evolution of Analyst Firms
Tuesday, February 16th, 2010Actual Cloud Spending – fact or fiction – you decide
Friday, January 8th, 2010Gartner released their numbers for the estimates of the cloud computing market and looking at the number it seems way high to me. That could be possibly be because of what is included within their definition we do not consider part of the cloud market. The IDC numbers of predicted cloud marketshare seem very reasonable as to the breakdown they used for the estimate of their own market size for cloud products and services.
While I do not disagree that cloud is a fast growing market and looks to rapidly increase over the next few years (which we agree with) it seems that the estimate has surpassed the current ERP market. This is also in-line with Meryll Lynch estimates for market valuations of the cloud computing.
In many reports and articles posted a lot of C-level executives are expecting to investigate cloud computing options and possibly invest in such. Although that is what they are saying is the market moving that rapidly really? Are the executives actually spending that money they say they will on cloud or is it speculation to give those services and applications consideration within the evaluation process. The hype surrounding this market may be just that rather than actual spend on cloud applications and services. Is all this speculation actually translating into spend within the cloud and translation of a growing marketshare.
An informal scan of the current material available of online resources and publications of vendors posted should imply that cloud applications and services are being signed left right an center and in record numbers to surpass the current market numbers for ERP. Many companies would have to sign cloud contracts and services with multi-year SLA’s totaling millions and into the billions of dollars at a fast and furious rate. I guess this will always be a point of contention between analysts.
I am looking forward to feedback from the communities on this issue at www.twitter.com/eval_source or info@eval-source.com

