18 May 2021
IDC to Acquire Metri; Creates End-to-End Data Source for IT Buyer Benchmarks
Deal Significantly Expands IDC's Sourcing Advisory Capabilities to Meet the Needs of Today's IT Buyers
NEEDHAM, Mass., May 18, 2021 – International Data Corporation (IDC) has acquired Metri, an independent IT benchmarking, sourcing, and performance measurement firm. The deal adds IT budget and operations benchmarking capabilities to IDC's existing robust price benchmarking solutions, creating an unmatched end-to-end source for the IT buyer that will help drive measurable business value.
By combining IDC's global capabilities with Metri's extensive insights into IT buyer and vendor benchmark data, business leaders will now be able to gain access to a comprehensive source of IT planning intelligence that will help them drive faster innovation and save on IT investments.
"The IDG, Inc. family is excited to have Metri join us on our mission to assist global audiences in making the best data-driven technology purchasing decisions," said Mohamad Ali, CEO of IDG, Inc., IDC's parent company. "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."
In today's constantly evolving digital economy and environment, access to tools and data that help with scenario planning and business case analysis are critical. Through its benchmarking and price models, Metri's extensive database with quality, cost, and price data provides CXOs with the transparency, predictability, and agility they need to source IT services.
"By joining IDC, Metri is able to extend the international footprint of our unique independent benchmarking and sourcing capabilities," said Bart de Ruijter, founder of Metri. "The acquisition is a confirmation of the way end user and vendor communities value Metri for our fact-based advisory services. We are very proud to be part of the IDC family and look forward bringing this breadth and depth to the market."
"The pervasive use of technology in business has dramatically changed how organizations think about IT benchmarks," said Crawford Del Prete, president of IDC. "We are thrilled to welcome Metri to IDC and to deepen our data and research that will help organizations plan, execute, and optimize IT and business initiatives. Today marks an important milestone in growing IDC's capabilities that advise and support IT and business leaders as they leverage technology to build the Future Enterprise."
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.
Metri is a leading provider of IT benchmarking and sourcing advisory services. Founded in 2003, Metri offers an extensive database, automated platform, and leading experts that together help organizations get the most out of every dollar invested in IT. Metri uses a fact-based, bottom-up approach by tapping into its extensive database of vendor, customer, and commercially acquired data to support innovation and drive business value creation for clients. With their help, customers maximize IT budget planning, lower their tech debt, and speed time to market.
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