Forrester Research

Forrester Research, Inc.

Type	Public
Traded as	NASDAQ: FORR S&P 600 Component
Industry	Market research
Founded	1983 by George F. Colony
Headquarters	60 Acorn Park Drive, Cambridge, MA
Revenue	$313.7 Million
Net income	$12 Million
Number of employees	1,345 (as of December 31, 2015)
Website	Forrester

Forrester is an American market research company that provides advice on existing and potential impact of technology, to its clients and the public. Their 2016 adjusted EBITDA was $29.3 million and their 2015 adjusted EBITDA was $26.5 million. Forrester has five research centers in the US: Cambridge, Massachusetts; New York, New York; San Francisco, California; Washington, D.C.; and Dallas, Texas. It also has four European research centers in Amsterdam, Frankfurt, London, and Paris and four research centers in the APAC region in New Delhi, Singapore, Beijing, and Sydney. The firm has 27 sales locations worldwide. It offers a variety of services including syndicated research on technology as it relates to business, quantitative market research on consumer technology adoption as well as enterprise IT spending, research-based consulting and advisory services, events, workshops, teleconferences, and executive peer-networking programs.

Forrester was founded in July 1983 by George Forrester Colony, now chairman of the board and chief executive officer, in Cambridge, Massachusetts. The company's first report, "The Professional Automation Report," was published in November 1983. In November 1996, Forrester announced its initial public offering of 2,300,000 shares. In February 2000, the company announced its secondary public offering of 626,459 shares. The company acquired Fletcher Research, a British Internet research firm, in November 1999; FORIT GmbH, a German market research and consulting firm, in October 2000 and Giga Information Group, a Cambridge, Massachusetts-based information technology research and consulting company, in February 2003. In July 2008, Forrester announced the acquisition of New York City-based JupiterResearch. Forrester acquired Strategic Oxygen on December 1, 2009, and Springboard Research on May 12, 2011.