Forrester Unveils Key Enhancements To The Forrester Wave™, An Iconic Guide For Tech Buyers
December 05 2024 - 9:00AM
Business Wire
The enhanced capabilities enable buyers to make
more informed purchasing decisions regarding tech and service
providers
Forrester (Nasdaq: FORR) today announced key enhancements to the
Forrester Wave™, a comprehensive guide for buyers evaluating
technologies and services in the marketplace. Available to
Forrester Decisions and Forrester Market Insights clients, the
updates simplify the process of buyer selection through a new
interactive experience that enables clients to shortlist vendors,
conduct a side-by-side comparison of their solutions, and make
purchasing decisions based on specific needs, preferences, and
priorities. Additional enhancements include a simplified Wave
graphic as well as greater emphasis on customer feedback.
“For more than 20 years, our clients have relied on Forrester’s
Wave reports to guide them in their technology purchases,” said
Sharyn Leaver, chief research officer at Forrester. “We’ve always
evaluated both quantitative and qualitative factors, including
product capabilities and strategic vision, to help buyers identify
strengths, weaknesses, and differentiation of vendors. Now, we’ve
added in-depth customer feedback to the evaluations and a more
interactive digital experience to help our clients evaluate complex
markets and select vendors based on their business priorities.”
Key enhancements to the Forrester Wave include:
- A simplified Wave graphic to highlight providers that
demonstrate customer obsession. Forrester’s Wave graphic now
puts providers into three tiers rather than four — Leader,
Strong Performer, and Contender — to better showcase where
they sit in a market relative to their peers and simplify the
Wave’s visual design. Customer feedback representation replaces
market presence to highlight the conversations Forrester has with
providers’ reference customers, as well as customer feedback that
Forrester collects outside of the Wave process. While other
providers have moved to rely on anonymous reviews and ratings,
Forrester prioritizes the human aspect of evaluations.
- An interactive Wave digital experience to support
contextual, customized results about providers. Forrester
clients can use a vendor comparison tool to indicate their context
— the capabilities and strategic criteria most important to them.
From there, they can see corresponding results, compare providers
side by side, and review individual provider scorecards for
detailed analysis. Clients can then tailor findings into custom
vendor shortlists. Additionally, notable providers from Forrester
Landscape reports are included in the new digital experience as a
streamlined way to represent the full group of potential
providers.
Resources:
- Read more about Forrester’s enhancements to the Forrester
Wave.
- Forrester clients can register to attend a webinar, taking
place December 13, 2024, to learn how to use the interactive Wave
experience to accelerate strategic partner selection.
About Forrester Forrester (Nasdaq: FORR) is one of the
most influential research and advisory firms in the world. We help
leaders across technology, customer experience, digital, marketing,
sales, and product functions use customer obsession to accelerate
growth. Through Forrester’s proprietary research, consulting, and
events, leaders from around the globe are empowered to be bold at
work — to navigate change and put their customers at the center of
their leadership, strategy, and operations. Our unique insights are
grounded in annual surveys of more than 700,000 consumers, business
leaders, and technology leaders worldwide; rigorous and objective
research methodologies, including Forrester Wave™ evaluations; and
the shared wisdom of our clients. To learn more, visit
Forrester.com.
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Ira Kantor ikantor@forrester.com
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