Global Insight
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| Headquarters | Lexington, Massachusetts, United States |
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| Revenue | $100 Million |
| Employees | Over 700 in more than 14 countries |
| Website | www.ihsglobalinsight.com |
Global Insight is the world's largest economics organization, serving over 3,800 clients in industry, finance and government worldwide, with revenues of over $95 million (in 2006) and employing more than 600 economists and other staff in 23 offices in 13 countries.[1] It is a division of IHS.
Global Insight provides comprehensive economic and financial information on countries, regions and industries, using a unique combination of expertise, macroeconomic models, data and software within a common analytical framework to support planning and decision-making. The company also provides consulting and advisory services, with deep knowledge of many industries, such as automotive, energy, health, construction, consumer goods, etc.
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[edit] History
IHS Global Insight was formed in March 2001 from the merger of WEFA (formerly Wharton Econometric Forecasting Associates) and DRI (formerly Data Resources Inc), together with Primark Decision Economics (nowadays Decision Economics, Inc.[2]), Primark Poland (nowadays GlobalInTech, sp. z o.o.[3][4]) and the French company DAFSA; it estimated 2008 revenues at around $120M.[5] It has since acquired several other companies, including PlanEcon, CIEMEX, Reebie Associates, and London-based World Markets Research Centre.
On November 2, 2007, IHS Global Insight acquired SupplierBusiness bringing together the recognized market leader in global automotive forecasting services with the world's leading provider of automotive supply-based research and intelligence.[1]
[edit] Consultancy
On September 12, 2007, Wal-Mart introduced new advertising with the slogan, "Save Money Live Better", replacing its slogan of 19 years, "Always low prices". It commissioned IHS Global Insight for the ads and the report stated that as of 2006, the retailer saves American families $2,500 yearly (up 7.3% from $2,329, 2004). The new research found that the reduction in price levels due to Wal-Mart resulted to savings for consumers of $287 billion in 2006, which is $957 / person or $2,500 / household.[6]
[edit] Ownership & management
Global Insight was privately held, and founded by Dr. Joseph E. Kasputys, who served as its President and CEO. On September 18, 2008, IHS Inc. agreed to purchase Global Insight for $200 million.[7]
[edit] See Also
[edit] External links
[edit] References
- ^ a b Global Insight Acquires SupplierBusiness Limited, 7 November 2007
- ^ "Investing/Companies (Company Insight Center beta)—Company Lookup—Private Company Information—Miscellaneous Financial Services: Decision Economics, Inc.". BusinessWeek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1671126. Retrieved 2008-06-07. "Decision Economics, formerly known as Primark Decision Economics (...)."
- ^ "History of IHS Global Insight". IHS Global Insight. http://www.globalinsight.com/ProductsServices/ProductDetail1053.htm. Retrieved 2008-06-07. "(...) GlobalInTech (formerly Primark Poland) (...)"
- ^ "GlobalInTech. Sp. z o.o. Oprogramowanie sieciowe i obsługa baz danych" (in Polish). Polskie Książki Telefoniczne. http://szczegoly.pkt.pl/globalintech_sp_z_o_o_oprogramowanie_sieciowe_i_obsluga_baz_danych_d2144cfe18639f93e5fb9e7ea65d387f.html. Retrieved 2008-06-07. The company's website, here as http://www.globalintech.pl, is dead (as of 2008-06-07).
- ^ Denver Business Journal http://www.bizjournals.com/denver/stories/2008/09/15/daily39.html
- ^ Wal-Mart rolling out new company slogan
- ^ [1]
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