Humbled, honored and embarassed!


Phil Fersht is named "Analyst of the Year" by the Institute of Industry Analyst Relations

It’s a sad day for our industry when you wake up to learn that Phil Fersht has been voted analyst of the year by 150 analyst relations professionals at the Institute of Industry Analyst Relations.  

This now means:

**Everything I say is now correct for an entire year

**HfS Research prices get a 10% hike

**Euan can’t argue that our report titles sound like blog posts

**Our predictions sell-by-date gets extended to the 3rd January

In all seriousness, I would like to thank all of your for your support (especially those who voted for me – you know who you are!).  This really does prove there is an independent analyst model that can co-exist alongside the big houses, and we’re super-excited about what’s in store for us in 2011.

I also would like to extend my congratulations to my alma-maters IDC and AMR (Gartner) which also achieved significant recognition – I learned the analyst trade during my years there and can recommend to anyone that the analyst career path is an incredibly rewarding one to follow if you are curious, critical and passionate about covering an industry.

One other award worth mentioning is our research partner EquaTerra‘s recognition, which is a culmination of their tireless work to drive independent thought and advice into the market.

Thanks again – it’s a real honor for the HfS team to achieve such widespread industry recognition as we embark on a very ambitious research agenda,


Posted in : Business Process Outsourcing (BPO), horses-for-sources-company-news, IT Outsourcing / IT Services, Outsourcing Advisors, Outsourcing Heros, Social Networking



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  1. Phil,

    This is a major endorsement to you and the great work you have been doing for the analyst industry. The fact that you have taken a tiny little firm and managed to influence the industry more than billion-dollar giants such as Gartner is simply amazing!


  2. Phil,

    I am sure I am one of thousands who echo what a well-deserved accomplishment this is for you and HFS. You and your team have become a major part of our industry and deserve widespread recognition of you efforts,

    Brian Ellis

  3. Phil,

    Cometh the hour cometh the man. To beat out the likes of Gartner and Forrester during your first year running an independent research organization is such a spectacular endorsement of everything you have achieved, Phil.

    My heartiest congratulations and am excited to see HfS go from strength to strength in 2011!


  4. Phil,
    really enjoying your newsletter and tweets, particularly the cloud study. Congratulations on a great achievement! Good for you.
    Mike Gagas, Oracle

  5. You deserve every bit of the recognition. Tireless efforts, cross polynating best practices to support the understanding and suggest the to-be-path for both buy & sell side paid off with the right award 🙂 Many congratulations and wish you many more successes

  6. Phil,

    congratulations – well-deserved for your innovation in methodology as well as the way of presenting it. Best wishes for 2011 to you and the team!


  7. Hello Phil,

    Everything I have known about the Industry is from the HFS Gold Mine. In time to come, may your IP become the Bible for the ITES Industry.

    Cheers, to you and your team.

    How will you reward your followers on this acheivement. May be one pricey report…


  8. This is such a major achievment – to take the outsourcing industry dynamics like you did and create an influential network and body of research, without all the trimmings of a corporate infrastructure is simply fantastic!

    Welcome to the social age, where you can pull off something like Horses – well done Phil!

    Adam Mac.

  9. Hi Phil,

    What makes HFS stand apart is its unbiased nature and opinions from thought leaders which many other analyst firms charge for.

    I am sure that this is just one of the accolades that HFS has got and there are many more to come.

    Best Of Luck.

    Mrinal Singh
    twitter: mrinalasingh
    Linkedin Group Moderator:
    offshoring to India:
    Outsource Mobile Application Development:

  10. I am sure I speak on behalf of so many of us in the sourcing industry, but I am VERY proud of your accomplishments, Phil, and this is testament to the fine job you’ve done over the years. Long may it continue,


  11. Well deserved Phil! Wishing you many more successes to come. Thanks to HFS – its a one stop school for all the industry related research and trends.

  12. Phil,

    Myself and many of my colleagues get so much value – and entertainment – from both your research and blogs. This award is very well deserved – am so pleased for you and the HfS team!

    Amanda Hare

  13. @everyone: thanks so much for the lovely notes and well-wishes – it means a lot after a very intense year of work! here’s to 2011 🙂

  14. I was more saying that if they’ve picked Gartner as the firm of the year, it immediately suggests some suspect judging on their part! Really going out on a limb there… 🙂

    But truly, congrats. Now if only you’d beef up your coverage of disruptive technologies…

  15. Phil, This is a major endorsement to you and the great work you have been doing for the analyst industry. The fact that you have taken a tiny little firm and managed to influence the industry more than billion-dollar giants such as Gartner is simply amazing! Melanie Conley

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