Gartner, Inc.:  Increasing Interest In Artificial Intelligence (AI) & Its Expected Impact On The Top-Line!

In Q1 2024, Gartner delivered strong profitability and free cash flow, which both surpassed expectations, leading the company to increase its guidance for the year. The company proved its resilience in what’s described as a “complex environment”, with contract value growth in the high single digits. However, there remain several challenges to face. The company highlighted geopolitical and economic uncertainty, higher interest rates, shifting government priorities, inflation, strained supply chains, shifts in the real estate sector due to changes in work location, the ongoing threat of cybersecurity, and early-stage understanding of leveraging artificial intelligence among enterprise leaders as potential obstacles.