Global Insight

Global Insight is the world's largest economics organization, serving over 3,800 clients in industry, finance and government world-wide, with revenues of over $95 million (in 2006) and employing more than 600 economists and other staff in 23 offices in 13 countries. [http://www.globalinsight.com/PressRelease/PressReleaseDetail10937.htm Global Insight Acquires SupplierBusiness Limited] , 7 November 2007]

Global Insight provides comprehensive economic and financial information on countries, regions and industries, using a unique combination of expertise, macroeconomic models, data and software within a common analytical framework to support planning and decision-making. The company also provides consulting and advisory services, with deep knowledge of many industries, such as automotive, energy, health, construction, consumer goods, etc.

History

Global Insight was formed in March 2001 from the merger of WEFA (formerly Wharton Econometric Forecasting Associates) and DRI (formerly Data Resources Inc), together with [http://www.pdeeco.com/ Primark Decision Economics] (nowadays [http://www.decisioneconomicsinc.com/ Decision Economics, Inc.] [cite web
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title=Investing/Companies (Company Insight Center beta)—Company Lookup—Private Company Information—Miscellaneous Financial Services: Decision Economics, Inc.
accessdate=2008-06-07
publisher= [http://www.businessweek.com BusinessWeek]
quote=Decision Economics, formerly known as Primark Decision Economics (...).] ), Primark Poland (nowadays GlobalInTech, sp. z o.o. [cite web
url=http://www.globalinsight.com/ProductsServices/ProductDetail1053.htm
title="History of Global Insight"
accessdate=2008-06-07
publisher=Global Insight
quote=(...) GlobalInTech (formerly Primark Poland) (...)] [cite web
url=http://szczegoly.pkt.pl/globalintech_sp_z_o_o_oprogramowanie_sieciowe_i_obsluga_baz_danych_d2144cfe18639f93e5fb9e7ea65d387f.html
title="GlobalInTech. Sp. z o.o. Oprogramowanie sieciowe i obsługa baz danych"
accessdate=2008-06-07
publisher=Polskie Książki Telefoniczne
language=Polish
quote= The company's website, here as http://www.globalintech.pl, is dead (as of 2008-06-07).] ) and the French company DAFSA, providing it with an initial turnover of USD 70 million. It has since acquired several other companies, including PlanEcon, CIEMEX, Reebie Associates, and London-based World Markets Research Centre.

On November 2 2007, Global Insight acquired SupplierBusiness bringing together the recognized market leader in global automotive forecasting services with the world's leading provider of automotive supply-based research and intelligence.

Consultancy

On September 12 2007, Wal-Mart introduced new advertising with the slogan, "Save Money Live Better"," replacing its slogan of 19 years, "Always low prices". It commissioned Global Insight for the ads and the report stated that as of 2006, the retailer saves American families $2,500 yearly (up 7.3% from $2,329 , 2004). The new research found that the reduction in price levels due to Wal-Mart resulted to savings for consumers of $287 billion in 2006, which is $957 / person or $2,500 / household. [ [http://uk.reuters.com/article/consumerproducts-SP/idUKN1230572520070913, Wal-Mart rolling out new company slogan] ]

Ownership & management

Global Insight is privately held, and was founded by Dr. Joseph E. Kasputys, who serves as its President and CEO. On September 18, 2008, IHS Inc. agreed to purchase Global Insight for $200 million. [ [http://www.jydesign.com/blog/2008/09/global-insight-bought-in-deal-worth.html] ]

ee also

External links

* [http://www.globalinsight.com/ Global Insight web site]
* [http://www.supplierbusiness.com/ SupplierBusiness web site]

References