IDC acquires Dutch IT intelligence consultancy Metri
IDC, one of the world’s largest market intelligence and research houses, has expanded its presence in Europe with the acquisition of Metri, a Dutch firm specialised in IT intelligence services.
With more than 1,100 analysts worldwide, IDC is a leading player in the world of technology. The firm’s insights inform executives and professionals on industry developments, upcoming trends, competitor analysis and more.
The bolt-on of Metri bolsters IDC’s presence in the Benelux with a team of around 50 experts, and deepens IDC’s capabilities in the IT intelligence space. Founded in 2003, Metri has grown into one of the Netherlands’ leading providers of IT strategy, benchmarking and sourcing advisory services.
Leveraging an extensive database comprising customer, vendor and supplier data, the consulting firm advises its clients (mostly the CIO office) on IT budgeting, technology and software spending, time to market for tech-driven innovation, and optimisation of external IT spending, among others.
“Combining IDC's existing sourcing capabilities with Metri's comprehensive benchmarking data and experts will provide the industry’s most trusted insights that our IT buyer customers need to make critical investment decisions,” according to Mohamad Ali, CEO of IDG, the parent of IDC.
Crawford Del Prete, president of IDC, said that the deal comes at a time of growing demand for IT intelligence services. With technology spending at an all-time high, and only expected to grow further amid the digital acceleration unleashed by the Covid-19 pandemic, “organisations more than ever need to plan, execute, and optimise their IT initiatives.”
Meanwhile, for Metri, the deal will enable the firm to ‘export’ its benchmarking and sourcing capabilities to clients from across the world (IDC has offices in 50+ countries). “We are very proud to be part of the IDC family and look forward to bringing our fact-based services to the market,” said the firm’s founder Bart de Ruijter.