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Gartner history
Gartner company history timeline
Instead, Gartner teamed up with David Stein, and in 1979 the two launched Gartner Group, Inc., with only $675,000 in venture capital.
Within a year, the company ranked ninth on Business Week's 1987 list of "Best Small Companies and Corporations," and an overwhelming majority of the top Fortune 100 companies were part of Gartner's client list.
Revenues for the 1988 fiscal year topped off at $40 million, which gave the company a profit of $2.3 million for the year.
In late 1989, it decided to begin selling off many of the consulting firms that it had just purchased, including Gartner Group.
In 1990, Gartner Group was acquired by some of its executives, including Gartner himself, with funding from Bain Capital and Dun & Bradstreet.
In an attempt to disenchant any other potential suitors, Gartner stated that he would quit in 1991 when his contract expired if he lost the bidding, hoping that the idea of Gartner Group without its founder would be unappealing to another bidder.
Gideon Gartner stayed with the company--on paper only--until 1993, when he sold his equity position and completely severed ties with the company.
In 1993, Gartner Group finally registered earnings of $6.8 million on $122.5 million in sales for the year.
Profits more than doubled in 1994 to $15 million, and sales grew to $170 million.
In July 1995, Gartner purchased a majority interest in Relational Courseware, Inc. (RCI), a developer of computer-based training products.
In 1995, Gartner Group bought IT market researcher Dataquest Inc. and MZ Projekte, an IT research and recommendation firm serving Germany, Switzerland, and Austria.
In 1996, Gartner paid $2.5 million for project management software consultant Productivity Management Group Inc.
The Parana Institute of Technology (Tecpar) and the Secretary for Science, Technology and University Instruction worked with Gartner Group in 1997 to establish a research center in Brazil that would work to modify Gartner products and services to meet the need of the Brazilian market.
The firm's aggressive acquisition spree continued in 1998.
Several events took place in 1999 that undercut Gartner's performance.
The firm changed its name from Gartner Group, Inc to Gartner in 2000.
In 2000, sales neared the $1 billion mark, and operations spanned 80 countries.
Gartner hired 441 new employees, including 24 e-business consultants, in the first half of 2000 as part of a $10 million employee recruitment and retention program.
"Company Information." December 2001.
Gene Hall has been the CEO of the company since August 2004.
In March 2014, Gartner announced that it had acquired the privately held company Software Advice for an undisclosed amount.
In 2014, Gartner also coined the term "Digital BizOps" and further developed the early philosophy for digital business operations.
In June 2016 Gartner announced that it had acquired the privately held company SCM World, headquartered in London, U.K.
On January 5, 2017 Gartner announced it had reached an agreement to acquire CEB, Inc. in a cash and stock deal worth about US$2.6 billion.
On March 7, 2017 Gartner announced that it has agreed to buy New York-based L2 Inc, which specialises in benchmarking the digital performance of brands.
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Gartner competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Citrix | 1989 | $3.2B | 9,000 | 6 |
| 1998 | $350.0B | 139,995 | 3,810 | |
| IBM | 1911 | $62.8B | 270,000 | 4,086 |
| Fortinet | 2000 | $6.0B | 9,700 | 274 |
| Juniper Networks | 1996 | $5.1B | 9,400 | - |
| VMware | 1998 | $13.4B | 31,000 | 2 |
| Intuit | 1983 | $16.3B | 10,600 | 1,077 |
| Splunk | 2004 | $3.7B | 7,000 | - |
| HP | 1939 | $53.6B | 53,000 | 403 |
| Forrester | 1983 | $432.5M | 637 | 37 |
Gartner history FAQs
Zippia gives an in-depth look into the details of Gartner, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gartner. The employee data is based on information from people who have self-reported their past or current employments at Gartner. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Gartner. The data presented on this page does not represent the view of Gartner and its employees or that of Zippia.
Gartner may also be known as or be related to Gartner, Gartner Consulting, Gartner Inc and Gartner, Inc.