IDC shows 38% revenue increase in turbulent times

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IDC has exceeded its targets for the first fiscal quarter ending 31 December, and increased worldwide revenues by 38%. Its expansion plans went well, too; the company hired 250 new people last year and now has 1,200 employees worldwide.

“We take market research to the next level, providing a complete technology intelligence solution that helps our clients make strategic business decisions,” said CEO Kirk Campbell.

He said that companies needed strong, credible market intelligence to help them navigate through turbulent times.

“It’s important for businesses to have advisory services from a firm they can trust,” he continued. “We’ve been setting the standards for global market intelligence for over 35 years, and our continued growth is further evidence our clients are getting tremendous value through their relationships with IDC.”

Indeed, it appears the market concurs. IDC added more than 600 new client companies worldwide during 2000 and is optimistic about 2001.

IDC

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