FORRESTER RESEARCH, INC.

(FORR)
  Report
Delayed Nasdaq  -  05/20 04:00:01 pm EDT
49.12 USD   +0.53%
05/19GLOBAL ACCESSIBILITY AWARENESS DAY 2022 : Forrester Partners With Work Without Limits To Increase Employment Opportunities For Job Candidates With Disabilities
PR
05/17NextPoint Financial Appoints Jean Birch New Chair of the Board
MT
05/16FORRESTER RESEARCH, INC. : Entry into a Material Definitive Agreement, Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Forrester Europe Predictions 2022: One-Third Of Companies Will Fail At Anywhere Work, And It Won't Be The Virus' Fault

10/26/2021 | 06:06am EDT

LONDON, October 26, 2021 - According to Forrester's (FORR: NASDAQ) 2022 Predictions for Europe, released today, by mid-2022, 50% of billion-dollar companies will have implemented some type of vaccine mandate. While mandates will lead to complications, they won't be the cause of most return-to-office failures. Those will result from the fact that 60% of companies that shift to hybrid work models won't do it right and will still design employee experiences - meetings, job roles, and promotion opportunities - around face-to-face experiences.

Forrester's Predictions reports analyse the dynamics and trends in different industries and disciplines, including technology and innovation, customer experience (CX), employee experience (EX), and marketing. These insights showcase Forrester's bold calls for the next year, helping business and technology leaders see around the corner, craft a clear vision, and gain a competitive edge to thrive in the year ahead. In 2022, the demands of customers - for seamless cross-channel experiences, convenience, reassurance, and commitment to environmental, social, and governance values - will only grow stronger.

Additional select highlights from Forrester's European 2022 Predictions include:

  • More than half of European consumers will buy from brands that match their values.
    According to Forrester Analytics data, 69% of European adults wish more companies were transparent about their business practices. Forty-seven percent of Europeans say they regularly purchase from brands that align with their personal values, including 62% in the Netherlands, 57% in Spain, and 55% in Italy. In 2022, Forrester expects a 15% increase in those averages.
  • Greenwashing will dwindle as more EU firms appoint chief sustainability officers. Forrester's 2021 data reveals that just 34% of consumers trust companies when they say they will commit to reducing climate change. Looking ahead, 25% more European companies - especially in financial services and retail - will hire chief sustainability officers to promote action.
  • European businesses will invest between €2.4 billion and €3.3 billion in automation to boost productivity. European enterprises have been investing in employee productivity automation tools such as digital process automation, digital decisioning platforms, workforce optimisation, and robotic process automation. In 2022, this trend will continue, particularly in low-wage sectors including retail and hospitality.
  • The number of bank-led lifestyle apps will double as banks respond to open finance. The EU and UK have already consulted on open finance, a push that will yield more data sharing between financial and nonfinancial firms. 2022 will see the number of banks offering lifestyle platforms Using "super apps" like India's Paytm, Indonesia's Sea, and Alipay and WeChat in China as inspiration, though globally, bank-led lifestyle apps will still number fewer than 50.
  • A ransomware attack will hit a major financial market, forcing a cyber insurer exit. Ransomware attacks occur every 11 seconds, and extortion demands have ratcheted up by 300% in a single year, putting big dents in a once very profitable line. Emboldened by past success, bad actors will continue their assaults. At least one top-10 cyber carrier will cease writing new business.
"Although 2022 is anticipated to be less volatile than the two preceding years, it will remain far from a stable new normal," said Laura Koetzle, VP and group director at Forrester. "Faced with pandemic-induced changes, supply chain disruptions, and tectonic shifts in consumer behaviour, the ability to act quickly and intelligently has never been more critical for organisations across Europe. In this environment, those with a solid foundation of insight, strong customer understanding, and a backbone of smart technology investments will emerge as winners."

Resources:

  • Download Forrester's 2022 European Predictions e-book.
  • Explore the European Predictions Hub for blogs, webinars, and resources.
  • Register to attend Technology & Innovation EMEA, 17-18 November 2021, where analysts will unpack these critical dynamics in the year ahead.
  • Learn about the Forrester Decisions research services and how to shorten the distance to impact.

Disclaimer

Forrester Research Inc. published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 10:05:07 UTC.


© Publicnow 2021
All news about FORRESTER RESEARCH, INC.
05/19GLOBAL ACCESSIBILITY AWARENESS DAY 2 : Forrester Partners With Work Without Limits To Incr..
PR
05/17NextPoint Financial Appoints Jean Birch New Chair of the Board
MT
05/16FORRESTER RESEARCH, INC. : Entry into a Material Definitive Agreement, Change in Directors..
AQ
05/12INSIDER SELL : Forrester Research
MT
05/11FORRESTER RESEARCH, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/06FORRESTER RESEARCH, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION A..
AQ
05/05FORRESTER RESEARCH : Q1 Earnings Snapshot
AQ
05/05TRANSCRIPT : Forrester Research, Inc., Q1 2022 Earnings Call, May 05, 2022
CI
05/05Earnings Flash (FORR) FORRESTER Posts Q1 EPS $0.45
MT
05/05Earnings Flash (FORR) FORRESTER Reports Q1 Revenue $125M
MT
More news
Analyst Recommendations on FORRESTER RESEARCH, INC.
More recommendations
Financials (USD)
Sales 2022 556 M - -
Net income 2022 25,5 M - -
Net cash 2022 96,3 M - -
P/E ratio 2022 37,1x
Yield 2022 -
Capitalization 927 M 927 M -
EV / Sales 2022 1,49x
EV / Sales 2023 1,33x
Nbr of Employees 1 870
Free-Float 47,2%
Chart FORRESTER RESEARCH, INC.
Duration : Period :
Forrester Research, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FORRESTER RESEARCH, INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Last Close Price 49,12 $
Average target price 67,50 $
Spread / Average Target 37,4%
EPS Revisions
Managers and Directors
George F. Colony Chairman & Chief Executive Officer
Chris Finn Chief Financial Officer
Steven P. Peltzman Chief Business Technology Officer
Mike Kasparian Vice President-Information Technology
Sharyn Leaver Chief Research Officer
Sector and Competitors
1st jan.Capi. (M$)
FORRESTER RESEARCH, INC.-16.81%927
NIELSEN HOLDINGS PLC24.33%9 174
YOUGOV PLC-34.38%1 453
INTAGE HOLDINGS INC.-16.38%453
MACROMILL, INC.-8.85%312
SYSTEM1 GROUP PLC-38.75%39