International Data Corporation
Subsidiary of IDG | |
Industry | Market research |
Founded | 1964 |
Headquarters | Framingham, Massachusetts, USA |
Key people | Kirk Campbell (President and CEO) |
Products | Market intelligence, advisory services, events |
Number of employees | 1001-5000 employees |
Parent | IDG |
Website |
idc |
International Data Corporation (IDC), an American market research, analysis and advisory firm, specializes in information technology, telecommunications, and consumer technology, Software Development. A wholly owned subsidiary of the International Data Group (IDG). IDC has its headquarters in Framingham, Massachusetts, United States (U.S.). The corporation has approximately 70 offices grouped into Latin America, Middle East and Africa, Central and Eastern Europe, Europe, Asia/Pacific and the U.S.. It employs over 1,100 analysts, who provide consultancy in relation to technology opportunities and trends for over 110 countries.
History
IDC was founded by Patrick Joseph McGovern and his friend, Fred Kirch, in Massachusetts, in 1964. At the outset, the company produced a computer installation data base and published a newsletter, "EDP Industry and Market Report". Companies such as Univac, Xerox and Burroughs paid IDC for the research. After three years, an expanding IDC was grossing US$600,000.[1]
McGovern became engaged by the concept of publishing, after IDC research showed a lack of knowledge among computer systems managers of computer industry news and product developments. He consequently launched Computerworld in 1967, which was a continuation of the monthly newsletter, published weekly instead of monthly, in a different format, with advertising, which became a cornerstone of IDG's subsequent publishing arm.[1]
IDC has had major slips in forecasts. In 2011, IDC predicted Windows Phone to overtake iPhone in market share, but in reality Windows Phone is almost dead.[2]
References
- 1 2 "International Data Group, Inc. History". Funding Universe. Funding Universe. 1999. Retrieved 21 April 2014.
- ↑ When Market Forecasts Go Bad — IDC, Windows Phone & BlackBerry
External links
|