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Measuring the Transformation of Insights and Analytics

Measuring the Transformation of Insights and Analytics

Michael Brereton, Melanie Courtright and Reg Baker

measuring the transformation of insights and analytics

Despite the lack of a standardized method to measure the broadened U.S. insights and analytics market, this report builds on prior efforts to better understand the industry

The 2020 U.S. Top 50 Reportformerly known as The Gold Reportis developed by Diane Bowers and produced in partnership with the and . The report is also sponsored by the 蹤獲扦夥厙, and the . The report includes a ranking of the top 50 companies, a breakdown of trends by Bowers, and an analysis of the market research and analytics industry by Michael Brereton, Melanie Courtright and Reg Baker.

The Transforming Industry

The market research industry, as we have known it for decades, is disappearing. It is being absorbed into a rapidly transforming collection of market intelligence sub-disciplines. For some of us, this dynamic represents an opportunity to deliver a far more comprehensive voice of the market, to transform our agency business model and substantially increase its valuationa stair-step increase in the decision-making impact of the insights we deliver. For others, this phenomenon represents a threat, a question of whether the traditional insights role within our client organizations will remain, a question of whether survey research will have a continued seat at the table and a concern regarding the future valuation of our research agency companies.

Regardless of whether this point of view elicits a positive or negative reaction, todays conference agendas, industry journals, and merger and acquisition activity leave little doubt that a significant industry transformation is underway.

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Michael Brereton is the retired CEO of and currently executive in residence with the Master of Science in Marketing Research (MSMR) program at the . Michigan States MSMR is the leading graduate program in market research and is devoted to creating the next generation of leadership for the transforming insights and analytics industry.

Melanie Courtright is CEO of the and former executive VP of research science and data strategy at .

Reg Baker is s regional ambassador and a consultant to its Professional Standards Committee.