For investors
Two of the group's companies exist for the buy side: ETR, whose panel has tracked enterprise technology spending intent for fifteen years, and Futurum Equities, an independent research desk on the AI infrastructure stack.
ETR: 15 years of technology spending intent
ETR is a Futurum Group company, acquired in May 2026. Its panel is the buyer-side half of what the group brings to an investor: what enterprises say they will spend, quarter by quarter, alongside the analysis of the companies they spend it with.
Fifteen years of quarterly Technology Spending Intentions data from 10,000+ verified decision-makers. Net Score, pervasion, adoption and replacement intent by vendor and sector, with the survey history that lets you see a move as it starts rather than after it lands.
The longest-running dataset of its kind, and the only one that shows where budgets are moving before they move.
ETR's own site leads with "Access the Data. Gain the Edge." It publishes the panel through the Technology Spending Intentions Survey, Observatory reports, a Macro Views survey, an AI product series, the Data Drop newsletter and custom surveys, and it sells into financial services as well as enterprise technology.
None of the panel is public on this site yet. What a public read tier would carry, and for which vendors, is still being decided.
Futurum Equities
Independent global research on the AI infrastructure stack. Bottom-up, industry-rooted, AI-native.
One integrated team tracks AI-related capacity through the whole value chain: data-centre capex, server spending, GPU, ASIC, CPU and networking revenue, advanced packaging, logic and memory, down to wafer starts and the fabrication equipment a deployment needs. The desk describes its own method as unit economics and physical throughput rather than top-down extrapolation.
It serves institutional investors, family offices and corporate strategy teams. Institutional access adds analyst time, downloadable models and distribution through AlphaSense, Bloomberg and FactSet; a subscription tier carries the daily market commentary and selected research.
Clients read the research, query the models and stress-test assumptions on the Futurum Intelligence platform, which is the same platform the group's enterprise clients use.
Signal for investors
Futurum Signal is a real-time, predictive vendor evaluation model. It continuously ingests market signals, applies analyst-defined scoring across five dimensions, and forecasts vendor momentum 6 to 12 months ahead.
Signal does not describe the current quarter. It projects where a vendor's position will be in 6 to 12 months, and it shows the signals driving that projection so a client can disagree with a specific input rather than the whole model.
Signals arrive continuously: earnings transcripts, product launches, pricing changes, hiring, partnership announcements, buyer evaluation activity, and ETR spending intent. Each is classified, weighted, and applied. The practice lead reviews material moves before they publish.
Refreshed with every earnings call and launch
Strategic Vision · Go-to-market Execution · Ecosystem Alignment · Product Innovation & Solution Capabilities · Business Values Index
- Vendors scored
- 1,000+
- Dimensions
- Five, weighted per category
- Horizon
- 6 to 12 months
- Refresh
- Continuous
- Verification
- Practice lead reviews material moves
The decisions you make
Each one has an instrument that answers it, and an analyst accountable for the answer.
AI platforms, Net Score, last 8 surveys
61up 4 pts
- Is the quarter going to beat or miss?
- ETR pre-earnings spending intentNet Score and pervasion by vendor, surveyed before the print, with 15 years of history to calibrate against.
- Who is taking share in the category?
- Futurum SignalVendor momentum scored continuously and forecast ahead of the market.
- What did the earnings call actually change?
- Earnings coverageAnalyst reads published the same day, on the companies you hold.
- Who can I ask?
- Analyst accessCalls with the practice lead who covers the name, under a published disclosure policy.
What you get
- Spending intent before it lands
Quarterly survey data from verified enterprise decision-makers, fifteen years deep, read as a trend rather than a snapshot.
- Research grounded in unit economics
Capacity, throughput and cost through the AI infrastructure value chain, built bottom-up rather than extrapolated from a market-size figure.
- One desk across the stack
The same analysts who cover these vendors for enterprise buyers cover them for the buy side, and their published work is free to read and cite.
Talk to the desk
Institutional access, the ETR panel and Signal coverage are all client services. Start with whichever one you need.