Our Team
MGI employs a Partner-Only engagement model. The analyst team is led by industry veterans that bring years of practical experience as award-winning analysts, executives, and research innovators.
Jim Mendelson is a Managing Director of MGI Research
Jim was a leading enterprise software analyst for more than 20 years on Wall Street. During that time he has covered a broad range of software companies in a variety of different information technology sectors. Jim was with Morgan Stanley from 1978 to 1993, initially covering emerging growth companies. Later he picked up coverage of the software industry in 1983.
Jim joined SoundView Technology Group as a partner in 1993 and left in 2004, following the firm’s sale by Charles Schwab, followed by a brief stint at Lazard Capital Markets. During his time on Wall Street, Jim was a highly ranked analyst by Institutional Investor, as well as by the Reuters and Greenwich Research polls. In addition to writing numerous reports, he has hosted a wide range of different investor oriented events from conferences, to bus tours, conference calls, as well as “Q&A” discussions on various topics. Jim has been a speaker at Gartner Group Conferences, as well as a number of “kick-off” meetings for software sales groups. Based on his experience and expertise, Jim has appeared on a number of occasions on CNBC and Bloomberg TV and radio. As part of his tenure on Wall Street, Jim has participated in numerous equity offerings as a lead or co-manager, including initial public offerings, follow-on offerings, private equity offerings and mergers and acquisitions. Jim has a Bachelor’s Degree in Economics and English from Bucknell University, and an MBA in Finance from New York University.
Igor Stenmark is a Managing Director of MGI Research
Mr. Stenmark’s background encompasses over 25 years in entrepreneurial, strategic, investment and executive roles in the technology industry. Prior to MGI Research, Igor acted as a strategist and counsel advising technology industry investors and executives, helping enter new markets, optimize positioning, create value and achieve liquidity. Mr. Stenmark served as a board member and advisor to numerous technology start-ups, research firms and investment companies such as Warburg-Pincus, Credit Suisse/Sprout and others. Mr. Stenmark's practice was focused on emerging growth trends as well as on creation of strategic value through efficiency optimization of technology businesses. During this period, Mr. Stenmark founded Stenmark Capital, an investment firm focused on technology and merger arbitrage investments. Between 1992 and 2001 Mr. Stenmark served as the Group Vice-President of Gartner’s Enterprise Systems Research Group. In this role Mr. Stenmark had P&L, strategic and operational general management responsibility for research and advisory business with over $70 million in revenues. Under his leadership, the Enterprise Systems Research Group entered new markets, grew its revenue and profitability, expanded its research coverage and staff to over sixty five senior analysts covering network and systems management, information security, databases, application integration, enterprise servers, storage and software asset management. During his nine-year tenure at Gartner, Mr. Stenmark authored numerous research articles and industry scenarios, including a number of in-depth reports on software vendors such as Computer Associates as well as seminal research on the theory and practice of mergers and acquisitions in the technology arena. While at Gartner, Mr. Stenmark advised numerous technology companies on strategic alternatives such as business combinations, IPOs, spin-offs and re-capitalizations. Prior to Gartner, Mr. Stenmark was the co-founder of Spectrum Concepts Software where he initially led the research and development of its XCOM 6.2 communications software product and then served as the company's senior business executive with responsibilities for international sales and business development, leading in 1992 to a successful sale of the company to Legent Corporation (now part of CA Technologies). Following the acquisition by Legent, Mr. Stenmark served as an advisor on strategy and M&A to Legent’s Vice-Chairman. Prior to Spectrum, Mr. Stenmark worked as a communications software consultant in the energy industry and acted as a lead developer and project manager of several international projects at Mobil Corp. Mr. Stenmark holds Bachelor degrees in Electrical Engineering and Computer Science from Cooper Union School of Engineering and New York University respectively.
Andrew Dailey is a Managing Director of MGI Research
Mr. Dailey has over eighteen years of diversified technology and financial services experience. Prior to MGI Research, Dailey was a partner at the Jetstream Group, a management consulting firm advising Fortune 500 CIOs on software procurement negotiations, enterprise applications strategies and outsourcing/offshoring strategies. In this role, Mr. Dailey advised clients such as British Petroleum, Applied Materials, JPMorganChase, McDonald’s, McKesson, Nissan, Sun Microsystems, and Tetra Pak. His report on BPO, call centers and outsourcing was featured in cover stories by BusinessWeek and Time magazine. Previously, he was Senior Vice President of Marketing for Baan Company, a Nasdaq and Amsterdam Exchange-listed ERP software company. He was responsible for product marketing, events, and managed five global industry solution centers. Mr. Dailey spent eight years at Gartner Group, where he co-founded the Software Asset Management practice, and launched the ERP and supply chain management advisory businesses in Europe. While at Gartner, he received multiple awards for his research, including Analyst of the Year honors. Mr. Dailey is the author of numerous industry research papers and has lectured at the University of Chicago Graduate School of Business, UCLA’s Anderson School of Management, and The Charles University, Prague. Mr. Dailey has served on both public and private company boards of directors, and currently serves as the Lead Director for Project Bandaloop, a San Francisco-based aerial dance company. A four-time NCAA All-American in tennis, Mr. Dailey holds a BA degree from Swarthmore College.
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$246 million Jury Verdict Against i2 and JDA Software Highlights Hidden Risks
Today's announcement of the $246 million jury verdict against i2/JDA Software highlights the hidden legal risks that are often poorly understood by technology investors and management. The size of this jury award is unprecedented in the software industry and will likely have broad ramifications beyond the scope of JDA Software as a mid-size provider of enterprise applications. ... Full story
