IDC Announces 30% Increase in First Half FY 2001 Worldwide Revenues

Company Projects High Revenue Growth and Hiring Additional Employees

In Second Half



Apr 19, 2001, 01:00 ET from IDC

    FRAMINGHAM, Mass., April 19 /PRNewswire/ -- IDC, the industry's premier
 market intelligence and advisory firm, today announced a 30 percent increase
 in total worldwide revenues and a 50 percent increase in profits for its first
 half ended March 31, 2001. In addition to exceeding its financial targets, the
 company added more than 150 employees during the past year to expand its
 research coverage and provide enhanced customer service. IDC is forecasting
 continuing strong revenue and profit growth for the second half of its fiscal
 year ending September 30. The company plans to add 75 additional employees
 during the next six months in all major job categories including research,
 sales, marketing, and information technology.
     "We are able to maintain our strong growth rate through the breadth and
 depth of our information technology research coverage and by providing a
 comprehensive market intelligence solution that provides our clients with
 significant value," said Kirk Campbell, president and CEO of IDC. "We're
 successful to the extent that we help our clients understand business and
 technology trends, helping them make strategic business decisions, meet market
 challenges, and take advantage of opportunities. We are forecasting strong
 client demand for our research services throughout this year."
     IDC's market intelligence model is a best-in-class solution that includes
 rigorous research and in-depth analysis on global, regional, and country
 markets that results in high quality technology market insights and
 predictions. IDC combines its comprehensive market information with expert
 direction and advice through client access to and interaction with IDC
 analysts. IDC offers the highest ratio of research analysts to clients in the
 information technology research business.
     In March 2001, customers demonstrated strong demand for IDC's market
 intelligence by turning out in record numbers to the company's annual
 Directions 2001 events in San Francisco and Boston. During that same month,
 Mr. Campbell was named one of the Top 25 E-Champions for the year 2000 by B2B
 Magazine.
     For more information on IDC visit www.idc.com. Press inquiries may be
 directed to Michael Rogers, Bravo! Marketing, 617-348-4170 x 110 or
 michael@bravomarketing.com.
 
     About IDC
     IDC is the foremost global market intelligence and advisory firm helping
 clients gain insight into technology and ebusiness trends to develop sound
 business strategies. Using a combination of rigorous primary research, in-
 depth analysis, and client interaction, IDC forecasts worldwide markets and
 trends to deliver dependable service and client advice. More than 700 analysts
 in 43 countries provide global research with local content. IDC's customers
 comprise the world's leading IT suppliers, IT organizations, ebusiness
 companies, and the financial community. Additional information can be found at
 www.idc.com.
     IDC is privately held and is a division of IDG, the world's leading IT
 media, research, and exposition company.
 
     IDC, Directions, and the IDC logo are trademarks of International Data
 Group, Inc. All other trademarks or registered trademarks are the property of
 their respective holders.
 
 

SOURCE IDC
    FRAMINGHAM, Mass., April 19 /PRNewswire/ -- IDC, the industry's premier
 market intelligence and advisory firm, today announced a 30 percent increase
 in total worldwide revenues and a 50 percent increase in profits for its first
 half ended March 31, 2001. In addition to exceeding its financial targets, the
 company added more than 150 employees during the past year to expand its
 research coverage and provide enhanced customer service. IDC is forecasting
 continuing strong revenue and profit growth for the second half of its fiscal
 year ending September 30. The company plans to add 75 additional employees
 during the next six months in all major job categories including research,
 sales, marketing, and information technology.
     "We are able to maintain our strong growth rate through the breadth and
 depth of our information technology research coverage and by providing a
 comprehensive market intelligence solution that provides our clients with
 significant value," said Kirk Campbell, president and CEO of IDC. "We're
 successful to the extent that we help our clients understand business and
 technology trends, helping them make strategic business decisions, meet market
 challenges, and take advantage of opportunities. We are forecasting strong
 client demand for our research services throughout this year."
     IDC's market intelligence model is a best-in-class solution that includes
 rigorous research and in-depth analysis on global, regional, and country
 markets that results in high quality technology market insights and
 predictions. IDC combines its comprehensive market information with expert
 direction and advice through client access to and interaction with IDC
 analysts. IDC offers the highest ratio of research analysts to clients in the
 information technology research business.
     In March 2001, customers demonstrated strong demand for IDC's market
 intelligence by turning out in record numbers to the company's annual
 Directions 2001 events in San Francisco and Boston. During that same month,
 Mr. Campbell was named one of the Top 25 E-Champions for the year 2000 by B2B
 Magazine.
     For more information on IDC visit www.idc.com. Press inquiries may be
 directed to Michael Rogers, Bravo! Marketing, 617-348-4170 x 110 or
 michael@bravomarketing.com.
 
     About IDC
     IDC is the foremost global market intelligence and advisory firm helping
 clients gain insight into technology and ebusiness trends to develop sound
 business strategies. Using a combination of rigorous primary research, in-
 depth analysis, and client interaction, IDC forecasts worldwide markets and
 trends to deliver dependable service and client advice. More than 700 analysts
 in 43 countries provide global research with local content. IDC's customers
 comprise the world's leading IT suppliers, IT organizations, ebusiness
 companies, and the financial community. Additional information can be found at
 www.idc.com.
     IDC is privately held and is a division of IDG, the world's leading IT
 media, research, and exposition company.
 
     IDC, Directions, and the IDC logo are trademarks of International Data
 Group, Inc. All other trademarks or registered trademarks are the property of
 their respective holders.
 
 SOURCE  IDC

RELATED LINKS

http://www.idcresearch.com