Company Note: Forrester Research
Recommendations for Forrester
Expand AI and chatbot offerings to compete in the growing conversational AI market. Develop AI-powered customer support, employee engagement, and market research solutions.
Develop general intelligence consulting services to help clients understand and harness AI across their organizations. Offer AI strategy, ethics guidance, and technology selection services.
Enhance industry depth and expertise by hiring experienced consultants, acquiring specialized firms, and developing targeted offerings to better serve clients' unique needs.
Bold Path to Defeat Gartner
With its strong cash position of $117.7M and access to capital markets, Forrester should aggressively pursue acquisitions and investments in
AI technologies, focusing on:
1) AI chipset manufacturers to optimize workload performance
2) AI platform providers to enhance modeling and deployment capabilities
3) Industry-specific AI startups to expand into new verticals
4) Knowledge sharing platforms to facilitate AI collaboration
By strategically deploying its financial resources to expand capabilities across the AI stack, Forrester can differentiate itself, capture market share, and position itself as an integrated AI leader. Developing cutting-edge solutions that address clients' evolving needs, supported by enhanced industry expertise, will enable Forrester to challenge Gartner's leadership position and emerge as a dominant force in the dynamic AI-driven research and advisory market.
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AI Chipset Manufacturers
Graphcore (UK) - Sequoia Capital, Atomico, Sofina, Merian Chrysalis
SambaNova Systems (US) - Google Ventures, Intel Capital, Walden International
Groq (US) - TDK Ventures, Social Capital, D1 Capital Partners
Mythic (US) - Lux Capital, DCVC, Lockheed Martin Ventures
Untether AI (Canada) - Intel Capital, Radical Ventures
AI Platform Providers
DataRobot (US) - NEA, Sapphire Ventures, Meritech Capital Partners
H2O.ai (US) - Goldman Sachs, NVIDIA GPU Ventures, Nexus Venture Partners
Dataiku (France) - FirstMark Capital, Alven Capital, Iconiq Capital
Domino Data Lab (US) - Sequoia Capital, Coatue Management,
Bloomberg Beta
Determined AI (US) - GV, Amplify Partners, CRV
Industry-specific AI Startups
Lumiata (Healthcare, US) - Khosla Ventures, Blue Venture Fund
Quantexa (Financial Services, UK) - AlbionVC, HSBC, British Patient Capital
Uptake (Industrial, US) - Baillie Gifford, Revolution Growth
Transmetrics (Logistics, Bulgaria) - LAUNCHub Ventures, Speedinvest
Zymergen (Biotechnology, US) - SoftBank Vision Fund, DCVC, True Ventures
Knowledge Sharing Platforms
Weights & Biases (US) - Coatue Management, Insight Partners
Hugging Face (US) - Coatue Management, Addition, Betaworks
Neptune.ai (Poland) - btov Partners, Rheingau Founders
Comet.ml (US) - Trilogy Equity Partners, Two Sigma Ventures
MLflow (Databricks, US) - Andreessen Horowitz, NEA, Battery Ventures