
Beers - always much enjoyed after a good IIAR
forum!
The Institute of Industry
Analyst Relations (IIAR) has really started to find its groove
in terms of organising some interesting panel discussions at its
London forums. Last Thursday's panel consisted of analysts from
four of the vertical market focused analyst firms - IDC Inisights,
Cambashi, Kable and Silva Research Network (SRN). And the purpose
of the discussion? To get a clearer idea of how their approach to
research differs from that of other analyst firms and how we as AR
professionals can work more effectively with them.
One of the key take-aways for me from this discussion was the
reinforcement in my own mind that these guys really do expect any
vendors looking to brief them to understand how their technology or
business fits into the analyst's vertical market. It isn't good
enough to present the usual slide-deck. They want to know the
relevance that the vendor has in their market. And this means
having appropriate case studies and a spokesperson that understands
the vertical market, be that financial services, government or
manufacturing. The feedback came back loud and clear from the
analysts that some vendors are much better at doing this than
others - and the ones that do are the ones that will end up in
conversations that the analysts have with end-user
organisations.
Interest areas for these analysts are not driven by what Stephen
Roberts from Kable referred to as the "traditional AR calendar" -
i.e. briefings that are mapped around quarterly results or product
releases. His interest in briefings is driven more by a desire to
hear about big deals in the sector - no surprise there. That's fine
but I guess the difficulty for us on the AR side is that while we'd
love to be able to provide briefings on that kind of topic, very
often our hands are tied by whether we're able to talk about the
deal or not, and if, by the time we can talk about it, is it still
relevant at that point?
I was definitely pleased to hear that these analysts are looking
for more of a dialogue with vendors. It's one of the things I
always talk about as a differentiator between PR and AR. Analysts
are looking for that longer term relationship and not just a quick
hit on a story. Ralph Silva from SRN hit the nail on the head when
he commented that he appreciates the briefings where he is able to
ask questions back to the vendor and where it doesn't become a
lecture. Absolutely right Ralph, and in my experience, the
vendors get a lot more out of those kind of briefings too.
Andy Bairsto