Press Release
Avasant included amongst the Top 10 IIAR> Analyst Firms of the Year 2023 - Global; Swapnil Bhatnagar won 'The IIAR> Analyst of the Year- APAC 2023'
Los Angeles, CA
18th December, 2023
The Institute of Influencer and Analyst Relations (IIAR>), a not-for-profit organization established to raise awareness of analyst relations (AR), has recognized Avasant among the top 10 IIAR> Analyst Firms of the Year 2023. It also announced that Swapnil Bhatnagar, Senior Research Director at Avasant is The IIAR> Analyst of the Year – APAC 2023. It is one of the highest accolades for the technology market research industry.
The IIAR> Awards have been running since 2008 and aim to recognise the best industry analysts and firms, as voted by AR professionals and scored according to the IIAR> SOSM framework. The awards recognise analysts and firms based on their impact, thought leadership, and client service. AR professionals from 17 countries nominated and voted on 30 analyst firms, more than 200 industry analysts, and 62 client partners. The results provided clear insights both on the value AR professionals see from analysts, as well as how they perceive industry analyst firms’ value to them as clients.
Avasant Chairman and CEO Kevin Parikh commented on the results, “We are thrilled with this acknowledgment, underscoring the invaluable contributions Avasant makes to our industry. Our analysts are dedicated to delivering insights that not only inform but truly empower enterprises. It’s immensely gratifying to witness AR professionals resonating with our vision.”
“Analyst Relations professionals consistently praised Swapnil for providing in depth market and competitive insights. They also highlighted his thoughtfulness and detailed nature of analysis. AR professionals highlighted that Swapnil is a seasoned analyst in the industry and has a great understanding about the market and its future roadmaps. He is able to guide the IT service provider with a lot of care while helping the vendors to add business to their organizations. The competition in this category was fierce with over 200 analysts being nominated by AR pros.” said Aniruddho Mukherjee, IIAR> Board Member.
Receiving the ‘IIAR> Analyst of the Year – APAC 2023’ award for the APAC region, Swapnil Bhatnagar, senior research director at Avasant, expressed gratitude, “This award is a powerful testament to the transformative value Avasant brings to both enterprises and technology providers. It serves as catalyst for us to elevate our technology and industry research to new heights. In 2024, our RadarView program is poised to span over 75 pivotal themes across technologies, industries, and regions. Concurrently, we are expanding our flagship Spending and Metrics research into new strategic areas. Our unwavering commitment is to enhance coverage, facilitating smarter decisions for enterprises and providers alike.”
Avasant stood out as the sole analyst firm with two of five nominations for the ‘IIAR> Analyst of the Year 2023, APAC’ award. Chandrika Dutt, research leader covering AI, automation, and quantum, was among the nominated individuals alongside Swapnil Bhatnagar.
More information about the IIAR> 2023 Awards can be found at:
About Avasant
Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies for the world’s largest corporations. Specializing in digital and IT transformation, sourcing advisory, global strategy, and governance services, Avasant prides itself on delivering high-value engagements through industry-focused innovation and flexible, client-based solutions.
Our seasoned professionals have an average of 20 years of industry-honed expertise, having conducted more than 1,000 engagements in over 50 countries. Avasant’s next-generation consulting and advisory methods have made it the top-ranked firm in its class, with recognition from numerous organizations, including: Vault, NOA, IAOP, and the Wall Street Journal.
Avasant’s engagement in the global market has inspired a strong commitment to community and purpose. Avasant Foundation supports technology and skill development programs to create employment opportunities for youth across Africa, Asia, the Caribbean, and Latin America.
For more information, visit our website.
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About IIAR
The Institute of Industry Analyst Relations (IIAR>) is a not-for-profit organisation established to raise awareness of analyst relations and the value of industry analysts, promote best practices amongst analyst relations professionals, enhance communication between analyst firms and vendors, and offer opportunities for AR practitioners to network with their industry peers. Follow us on analystrelations.org, LinkedIn and @iiar.